Kimco Realty (KIM) 10-K Summaries & Annual Filing History
Review Kimco Realty Corporation (KIM) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Kimco Realty is a real estate investment company that reported increased revenue for the fiscal year. The company generated positive operating income and net income, with strong operating cash flow.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$2.1B
Revenue reported for the fiscal year.
Operating income
$770.8M
Income from operations reported for the year.
Net income
$584.7M
Net income reported for the year.
Operating cash flow
$1.1B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $1.7B | +26.6% |
| Dec 31, 2023 | $1.8B | +3.2% |
| Dec 31, 2024 | $2B | +14.2% |
| Dec 31, 2025 | $2.1B | +5.1% |
Business overview
The company owns and operates real estate properties through joint ventures and preferred equity investments. Its business is subject to the risks associated with owning and operating real estate, including performance of joint venture partners and mortgage investments.
Financial performance
Revenue increased compared to prior periods. Operating income and net income remained positive, and cash from operations was robust.
Material risks
A material risk is that joint venture partners may take actions that negatively impact the company's debt and equity. Additionally, defaults on mortgage and other financing receivables could lead to significant losses, as the value of underlying collateral may decline.
Liquidity and capital
The company's liquidity is influenced by its joint venture investments and mortgage receivables. Delays in liquidating defaulted loans could affect capital availability.
What to watch
The performance of joint venture investments and the level of mortgage defaults should be monitored in the next filing.