In Q1 FY2026, Kite Realty Group Trust reported revenue of $200.7 million, down 9.2% year-over-year. Net income fell 52.0% to $11.4 million, while operating income rose 36.4% to $53.8 million. Diluted EPS decreased 45.5% to $0.06. The company had $32.5 million in cash, $2.86 billion in equity, and $2.99 billion in long-term debt.
•Revenue decreased 9.2% YoY to $200.7 million.
•Net income dropped 52.0% to $11.4 million.
•Operating income increased 36.4% to $53.8 million.
•Diluted EPS fell 45.5% to $0.06.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Kite Realty Group Trust is a real estate investment trust that owns and operates a high-quality portfolio of open-air shopping centers and mixed-use destinations. The Company's portfolio is concentrated in high-growth Sun Belt and select strategic gateway markets. Publicly listed since 2004, KRG has more than six decades of experience in developing, operating, and investing in real estate, using a disciplined, hands-on approach to enhance portfolio quality and maximize long-term value for all stakeholders.
As of December 31, 2025, the Company owned interests in 169 U.S. open-air shopping centers and mixed-use assets, comprising approximately 27.3 million square feet of gross leasable space. Kite Realty Group Trust was incorporated in 1971 in Maryland and based in Indianapolis.
Kite Realty Group Trust is a real estate investment trust (REIT) that owns and operates a high-quality portfolio of open-air shopping centers and mixed-use destinations. The company focuses on properties in high-growth Sun Belt markets and select strategic gateway markets across the United States. As of December 31, 2025, KRG owned interests in 169 properties comprising approximately 27.3 million square feet of gross leasable space. With over six decades of experience in developing, operating, and investing in real estate, the company employs a disciplined, hands-on approach to enhance portfolio quality and maximize long-term value for stakeholders.
Where is Kite Realty Group Trust (KRG) listed and what currency does it trade in?
Kite Realty Group Trust is publicly listed on the New York Stock Exchange (NYSE) under the ticker symbol KRG. The company trades in US Dollars (USD), as it is based in the United States and its financial reporting is conducted in USD. Being listed on the NYSE provides KRG with access to a broad base of institutional and retail investors, and the company has been publicly traded since 2004.
What sector and industry does Kite Realty Group Trust (KRG) belong to?
Kite Realty Group Trust operates in the Real Estate sector, specifically within the REIT - Retail industry. As a real estate investment trust, KRG is primarily engaged in owning and operating income-producing real estate assets, with a focus on retail properties such as open-air shopping centers and mixed-use destinations. The company's portfolio is concentrated in high-growth Sun Belt regions and select strategic gateway markets, making it a key player in the retail REIT space.
Where is Kite Realty Group Trust (KRG) headquartered and what markets does it serve?
Kite Realty Group Trust is headquartered in Indianapolis, Indiana, and was incorporated in Maryland in 1971. The company serves the United States market, with its portfolio concentrated in high-growth Sun Belt states and select strategic gateway markets. As of December 31, 2025, KRG owned interests in 169 open-air shopping centers and mixed-use assets across the U.S., totaling approximately 27.3 million square feet of gross leasable space. The company's focus on Sun Belt and gateway markets positions it to benefit from population and economic growth in those regions.
How does Kite Realty Group Trust (KRG) make money?
Kite Realty Group Trust generates revenue primarily by leasing space in its portfolio of open-air shopping centers and mixed-use destinations to retail tenants. As a REIT, the company is required to distribute at least 90% of its taxable income to shareholders as dividends, making rental income the core of its business model. KRG's portfolio, which as of December 31, 2025, included 169 properties totaling approximately 27.3 million square feet, is concentrated in high-growth Sun Belt and gateway markets, allowing the company to attract and retain tenants. The company also benefits from its long-standing experience in developing, operating, and investing in real estate, using a disciplined approach to enhance property quality and maximize rental income and property values over time.