---
title: "Kilroy Realty | 10-Q: FY2025 Q1 Revenue Misses Estimate at USD 270.84 M"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/238982159.md"
datetime: "2025-05-06T20:26:07.000Z"
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---

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# Kilroy Realty | 10-Q: FY2025 Q1 Revenue Misses Estimate at USD 270.84 M

Revenue: As of FY2025 Q1, the actual value is USD 270.84 M, missing the estimate of USD 274.33 M.

EPS: As of FY2025 Q1, the actual value is USD 0.33, beating the estimate of USD 0.2937.

### Segment Revenue

-   **Rental Income**: $266,244 thousand for the three months ended March 31, 2025, compared to $274,890 thousand for the same period in 2024, indicating a decrease of $8,646 thousand or 3.1%.

### Operational Metrics

-   **Net Income**: $43,681 thousand for the three months ended March 31, 2025, compared to $55,700 thousand for the same period in 2024, showing a decrease of $12,019 thousand or 21.6%.
-   **Property Expenses**: $58,714 thousand for the three months ended March 31, 2025, compared to $57,320 thousand for the same period in 2024, reflecting an increase of $1,394 thousand or 2.4%.
-   **Real Estate Taxes**: $28,365 thousand for the three months ended March 31, 2025, compared to $29,239 thousand for the same period in 2024, indicating a decrease of $874 thousand or 3.0%.
-   **Depreciation and Amortization**: $87,119 thousand for the three months ended March 31, 2025, compared to $88,031 thousand for the same period in 2024, showing a decrease of $912 thousand or 1.0%.

### Cash Flow

-   **Net Cash Provided by Operating Activities**: $136,921 thousand for the three months ended March 31, 2025, compared to $167,869 thousand for the same period in 2024, indicating a decrease of $30,948 thousand or 18.4%.
-   **Net Cash Used in Investing Activities**: - $76,660 thousand for the three months ended March 31, 2025, compared to $76,849 thousand provided in the same period in 2024, reflecting a change of - $153,509 thousand or -199.8%.
-   **Net Cash Used in Financing Activities**: - $79,240 thousand for the three months ended March 31, 2025, compared to $100,126 thousand provided in the same period in 2024, indicating a change of - $179,366 thousand or -179.1%.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to continue its development and redevelopment programs, with expected expenditures between $50.0 million to $150.0 million on development projects throughout the remainder of 2025.
-   **Capital Recycling Program**: Kilroy Realty Corporation is evaluating opportunities for the potential disposition of non-core properties and undeveloped land, with the intent of using the proceeds to acquire new operating and development properties, finance development and redevelopment expenditures, repay long-term debt, and for other general corporate purposes.

### Priority

-   **Debt Management**: The company is focused on maintaining a conservative balance sheet with a strong credit profile, managing its capital structure to reflect a long-term investment approach, and utilizing multiple sources of capital to meet its long-term capital requirements.

### 相关股票

- [Kilroy Realty (KRC.US)](https://longbridge.com/zh-CN/quote/KRC.US.md)

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