Operating Expenses
Operating Lease Cost
Kimco Realty Operating Lease Cost decreased by 0.9% to $3.57M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.7%, from $3.44M to $3.57M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ2 2023
Last reportedQ1 2026Apr 30, 2026
How to read this metric
Increasing costs signal higher recurring operational overhead related to leased assets.
Detailed definition
The portion of total lease expense specifically attributable to operating leases, recognized on a straight-line basis ov...
Peer comparison
Standard metric for comparing rental and leasing overhead across retail, manufacturing, and logistics sectors.
Metric ID:
cat_operating_lease_costHistorical Data
8 periods
| Q2 '23 | Q3 '23 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $3.70M | $3.69M | $3.84M | $3.80M | $3.44M | $3.60M | $3.60M | $3.57M |
| QoQ Change | — | -0.3% | +4.3% | -1.2% | -9.4% | +4.6% | +0.0% | -0.9% |
| YoY Change | — | — | +3.9% | +3.0% | — | -6.3% | -5.2% | +3.7% |
Range$3.44M – $3.84M
CAGR-2.0%
Avg YoY Growth-0.2%
Median YoY Growth+3.0%
Operating Lease Cost at Other Companies
Frequently Asked Questions
- What is Kimco Realty's operating lease cost?
- Kimco Realty (KIM) reported operating lease cost of $3.57M in Q1 2026.
- How has Kimco Realty's operating lease cost changed year-over-year?
- Kimco Realty's operating lease cost increased by 3.7% year-over-year, from $3.44M to $3.57M.
- What does operating lease cost mean?
- The expense recognized for operating leases.