vs

Side-by-side financial comparison of KILROY REALTY CORP (KRC) and Orion Group Holdings Inc (ORN). Click either name above to swap in a different company.

KILROY REALTY CORP is the larger business by last-quarter revenue ($272.2M vs $216.3M, roughly 1.3× Orion Group Holdings Inc). KILROY REALTY CORP runs the higher net margin — 6.3% vs 2.2%, a 4.1% gap on every dollar of revenue. On growth, Orion Group Holdings Inc posted the faster year-over-year revenue change (14.6% vs -5.0%). Over the past eight quarters, Orion Group Holdings Inc's revenue compounded faster (6.1% CAGR vs -1.2%).

Kilroy Realty Corp is a leading U.S. real estate investment trust that develops, owns, and operates premium office, life science, and mixed-use properties primarily across high-growth West Coast markets including Los Angeles, San Francisco, Seattle, and San Diego. It serves tenants across the technology, life sciences, media, and creative sectors, with a core focus on delivering sustainable, future-ready workspaces tailored to modern business needs.

Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.

KRC vs ORN — Head-to-Head

Bigger by revenue
KRC
KRC
1.3× larger
KRC
$272.2M
$216.3M
ORN
Growing faster (revenue YoY)
ORN
ORN
+19.6% gap
ORN
14.6%
-5.0%
KRC
Higher net margin
KRC
KRC
4.1% more per $
KRC
6.3%
2.2%
ORN
Faster 2-yr revenue CAGR
ORN
ORN
Annualised
ORN
6.1%
-1.2%
KRC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KRC
KRC
ORN
ORN
Revenue
$272.2M
$216.3M
Net Profit
$17.1M
$4.7M
Gross Margin
12.0%
Operating Margin
Net Margin
6.3%
2.2%
Revenue YoY
-5.0%
14.6%
Net Profit YoY
-73.7%
435.7%
EPS (diluted)
$0.11
$0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KRC
KRC
ORN
ORN
Q1 26
$216.3M
Q4 25
$272.2M
$233.2M
Q3 25
$279.7M
$225.1M
Q2 25
$289.9M
$205.3M
Q1 25
$270.8M
$188.7M
Q4 24
$286.4M
$216.9M
Q3 24
$289.9M
$226.7M
Q2 24
$280.7M
$192.2M
Net Profit
KRC
KRC
ORN
ORN
Q1 26
$4.7M
Q4 25
$17.1M
$-240.0K
Q3 25
$162.3M
$3.3M
Q2 25
$79.6M
$841.0K
Q1 25
$43.7M
$-1.4M
Q4 24
$65.0M
$6.8M
Q3 24
$57.7M
$4.3M
Q2 24
$54.5M
$-6.6M
Gross Margin
KRC
KRC
ORN
ORN
Q1 26
12.0%
Q4 25
11.6%
Q3 25
13.2%
Q2 25
12.6%
Q1 25
12.2%
Q4 24
14.0%
Q3 24
11.9%
Q2 24
9.5%
Operating Margin
KRC
KRC
ORN
ORN
Q1 26
Q4 25
2.2%
Q3 25
2.4%
Q2 25
1.7%
Q1 25
0.4%
Q4 24
4.4%
Q3 24
3.4%
Q2 24
-1.4%
Net Margin
KRC
KRC
ORN
ORN
Q1 26
2.2%
Q4 25
6.3%
-0.1%
Q3 25
58.0%
1.5%
Q2 25
27.4%
0.4%
Q1 25
16.1%
-0.7%
Q4 24
22.7%
3.1%
Q3 24
19.9%
1.9%
Q2 24
19.4%
-3.4%
EPS (diluted)
KRC
KRC
ORN
ORN
Q1 26
$0.12
Q4 25
$0.11
$-0.00
Q3 25
$1.31
$0.08
Q2 25
$0.57
$0.02
Q1 25
$0.33
$-0.04
Q4 24
$0.50
$0.22
Q3 24
$0.44
$0.12
Q2 24
$0.41
$-0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KRC
KRC
ORN
ORN
Cash + ST InvestmentsLiquidity on hand
$179.3M
$6.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.4B
$166.7M
Total Assets
$10.9B
$478.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRC
KRC
ORN
ORN
Q1 26
$6.3M
Q4 25
$179.3M
$1.6M
Q3 25
$372.4M
$4.9M
Q2 25
$193.1M
$1.7M
Q1 25
$146.7M
$13.0M
Q4 24
$165.7M
$28.3M
Q3 24
$625.4M
$28.3M
Q2 24
$835.9M
$4.8M
Total Debt
KRC
KRC
ORN
ORN
Q1 26
Q4 25
Q3 25
Q2 25
$33.4M
Q1 25
$23.3M
Q4 24
$23.2M
Q3 24
$28.0M
Q2 24
$60.3M
Stockholders' Equity
KRC
KRC
ORN
ORN
Q1 26
$166.7M
Q4 25
$5.4B
$159.0M
Q3 25
$5.5B
$157.9M
Q2 25
$5.4B
$153.2M
Q1 25
$5.4B
$150.8M
Q4 24
$5.4B
$150.7M
Q3 24
$5.4B
$142.4M
Q2 24
$5.4B
$111.1M
Total Assets
KRC
KRC
ORN
ORN
Q1 26
$478.7M
Q4 25
$10.9B
$414.7M
Q3 25
$11.0B
$422.4M
Q2 25
$10.9B
$432.7M
Q1 25
$10.9B
$416.3M
Q4 24
$10.9B
$417.3M
Q3 24
$11.4B
$430.3M
Q2 24
$11.5B
$414.0M
Debt / Equity
KRC
KRC
ORN
ORN
Q1 26
Q4 25
Q3 25
Q2 25
0.22×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.20×
Q2 24
0.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KRC
KRC
ORN
ORN
Operating Cash FlowLast quarter
$566.3M
Free Cash FlowOCF − Capex
$450.3M
FCF MarginFCF / Revenue
165.4%
Capex IntensityCapex / Revenue
42.6%
Cash ConversionOCF / Net Profit
33.10×
TTM Free Cash FlowTrailing 4 quarters
$833.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRC
KRC
ORN
ORN
Q1 26
Q4 25
$566.3M
$13.8M
Q3 25
$176.6M
$23.3M
Q2 25
$143.7M
$-5.6M
Q1 25
$136.9M
$-3.4M
Q4 24
$541.1M
$13.4M
Q3 24
$176.3M
$37.5M
Q2 24
$88.7M
$-15.3M
Free Cash Flow
KRC
KRC
ORN
ORN
Q1 26
Q4 25
$450.3M
$454.0K
Q3 25
$148.7M
$13.9M
Q2 25
$118.4M
$-12.7M
Q1 25
$115.6M
$-12.5M
Q4 24
$440.8M
$9.9M
Q3 24
$147.2M
$33.3M
Q2 24
$69.5M
$-20.0M
FCF Margin
KRC
KRC
ORN
ORN
Q1 26
Q4 25
165.4%
0.2%
Q3 25
53.1%
6.2%
Q2 25
40.9%
-6.2%
Q1 25
42.7%
-6.6%
Q4 24
153.9%
4.6%
Q3 24
50.8%
14.7%
Q2 24
24.7%
-10.4%
Capex Intensity
KRC
KRC
ORN
ORN
Q1 26
Q4 25
42.6%
5.7%
Q3 25
10.0%
4.2%
Q2 25
8.7%
3.5%
Q1 25
7.9%
4.8%
Q4 24
35.0%
1.6%
Q3 24
10.1%
1.8%
Q2 24
6.8%
2.4%
Cash Conversion
KRC
KRC
ORN
ORN
Q1 26
Q4 25
33.10×
Q3 25
1.09×
7.05×
Q2 25
1.81×
-6.61×
Q1 25
3.13×
Q4 24
8.32×
1.98×
Q3 24
3.06×
8.79×
Q2 24
1.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons