REIT boardRanked among REITs, not on the main board. A REIT's earnings are dominated by depreciation on assets that typically appreciate, so net margin and return on assets understate it against an operating company.
AI-extracted from the 10-Q filed 2026-08-04 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Total revenue rose 4.9% YoY to $550.8M on stronger leasing activity, but net income available to common shareholders fell to $145.8M from $155.4M as a $37.6M drop in gain on sale of properties outweighed the revenue growth.
Biggest Revenue Drivers
Revenues from rental properties, net$546.4M+4.9% YoY
Increase in leasing activity and net growth in the current portfolio, higher net straight-line rental income, and properties acquired during 2025
Management and other fee income$4.4M+3.1% YoY
Biggest Revenue Drivers
Total revenue: $550.8M+4.9% YoY
Revenues from rental properties, net$546.4M+4.9% YoY
Increase in leasing activity and net growth in the current portfolio, higher net straight-line rental income, and properties acquired during 2025
Within Revenues from rental properties, net
Fixed lease income$427.7M
Variable lease income$115.7M
Management and other fee income$4.4M+3.1% YoY
Largest Expense Items
Depreciation and amortization$149.0M-4.7% YoY
Decrease from fully depreciated assets and write-offs (demolition, vacated tenants, dispositions), partially offset by redevelopment/tenant improvement projects placed in service and 2025 acquisitions
Operating and maintenance$95.1M+4.5% YoY
Higher snow removal costs and utility expenses, partially offset by lower insurance expense
Real estate taxes$71.2M+7.0% YoY
Overall increase in assessed values in the current portfolio and timing of real estate tax refunds
General and administrative$29.9M-7.7% YoY
Margins: Same property NOI rose 3.5% YoY to $403.2M, driven by a $10.1M increase in minimum rent from strong leasing activity, higher net recovery income and lower credit losses, partially offset by higher non-recoverable expenses.
Watch Items from the Filing
Top five tenants (TJX 3.7%, Ross Stores 2.0%, Burlington 1.8%, Amazon/Whole Foods 1.8%, Albertsons 1.7%) represent a combined 11.0% of annualized base rental revenues, indicating low single-tenant concentration.
Board declared a Q3 quarterly common dividend of $0.28/share, a 7.7% increase from the prior $0.26 quarterly rate.
Issued $600.0M of 3.50% exchangeable senior notes in June 2026 and used part of the proceeds to repurchase 4.1 million shares for $104.7M at $25.38/share.
Recognized a $5.6M impairment charge on a preferred stock investment following the investee's bankruptcy restructuring filing.
Closed a new $2.0B unsecured revolving credit facility in February 2026 (expandable to $2.75B), undrawn as of June 30, 2026, alongside a new $750.0M commercial paper program with no outstanding balance.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Moniz HenryReporting ownerGrant or award · Feb 19, 2026
Coviello Philip E JrReporting ownerGrant or award · Feb 19, 2026
Congress trading in KIM
2 transactions in KIM reported by 1 member of Congress under the STOCK Act, most recent trade Jul 10, 2023. Reported transactions, not recommendations.
About KIMCO REALTY CORP (KIM): stock profile, AI score and financials
KIMCO REALTY CORP (KIM) stock profile, AI quality score, and SEC EDGAR financial data, a Real Estate sector company. 13F Pro's AI-powered ranking engine scores KIM at 68.3/100 on a composite quality score built from its SEC filings, placing it at rank #16 of 148 stocks — the top 25% of the AI-ranked universe. Based on the latest XBRL financial filings (Q2 2026), KIMCO REALTY CORP reports quarterly revenue of $550.8M, net income of $153.3M, an operating margin of 35.6%. Top institutional holders of KIM by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, COHEN & STEERS, based on the most recent SEC filings. KIM trades on the NYSE exchange and files with the SEC under CIK 879101. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate KIM daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for KIMCO REALTY CORP directly from SEC EDGAR.