Kimco Realty Real Estate Rental Operations — Operating Expenses decreased by 0.4% to $172.22M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.2%, from $163.65M to $172.22M. Over 3 years (FY 2022 to FY 2025), Real Estate Rental Operations — Operating Expenses shows an upward trend with a 7.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without proportional revenue growth signal margin compression and reduced operational efficiency.
The aggregate of all direct costs associated with operating the real estate portfolio, including taxes, maintenance, and...
Standard 'Total Property Operating Expenses' metric used across the REIT industry.
kim_segment_real_estate_rental_operations_operating_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $132.73M | $132.73M | $132.73M | $132.73M | $139.18M | $139.18M | $139.18M | $139.18M | $153.41M | $158.16M | $157.98M | $168.10M | $163.65M | $161.87M | $163.98M | $172.83M | $172.22M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +4.9% | +0.0% | +0.0% | +0.0% | +10.2% | +3.1% | -0.1% | +6.4% | -2.7% | -1.1% | +1.3% | +5.4% | -0.4% |
| YoY Change | — | — | — | — | +4.9% | +4.9% | +4.9% | +4.9% | +10.2% | +13.6% | +13.5% | +20.8% | +6.7% | +2.3% | +3.8% | +2.8% | +5.2% |