Kimco Realty Corporation announced fourth quarter and full year 2025 financial results, reporting net income per diluted share of $0.21 and $0.82 respectively, FFO per diluted share growth of 4.8% to $0.44 in Q4 and 6.7% to $1.76 for the year, record pro-rata portfolio occupancy of 96.4%, and provided initial 2026 outlook with FFO guidance of $1.80 to $1.84 per diluted share.
Key takeaways
Q4 2025 Net income $143.6 million or $0.21 per diluted share vs $154.8 million or $0.23 prior year
Full year 2025 Net income $554.4 million or $0.82 per diluted share vs $375.7 million or $0.55 in 2024
Q4 FFO $294.3 million or $0.44 per diluted share, up 4.8% from $286.9 million or $0.42 prior year
Full year FFO $1.2 billion or $1.76 per diluted share, up 6.7% from $1.1 billion or $1.65 in 2024
Pro-rata portfolio occupancy 96.4%, small shop occupancy record 92.7%
Repurchased 3.1 million common shares in Q4 at $19.96 average price; declared $0.26 quarterly dividend payable March 19, 2026
Acquired The Shoppes at 82nd Street for $74.0 million pro-rata