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

KILROY REALTY CORP is the larger business by last-quarter revenue ($272.2M vs $153.1M, roughly 1.8× CPI Card Group Inc.). KILROY REALTY CORP runs the higher net margin — 6.3% vs 4.8%, a 1.5% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs -5.0%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $35.2M). Over the past eight quarters, CPI Card Group Inc.'s revenue compounded faster (16.9% 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.

CPI Card Group Inc. is a leading provider of payment card production and associated solutions, including contactless and contact credit/debit cards, prepaid cards, and card personalization services. It primarily serves financial institutions, fintech firms, and retail brands across its core North American market.

KRC vs PMTS — Head-to-Head

Bigger by revenue
KRC
KRC
1.8× larger
KRC
$272.2M
$153.1M
PMTS
Growing faster (revenue YoY)
PMTS
PMTS
+27.3% gap
PMTS
22.3%
-5.0%
KRC
Higher net margin
KRC
KRC
1.5% more per $
KRC
6.3%
4.8%
PMTS
More free cash flow
KRC
KRC
$415.1M more FCF
KRC
$450.3M
$35.2M
PMTS
Faster 2-yr revenue CAGR
PMTS
PMTS
Annualised
PMTS
16.9%
-1.2%
KRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KRC
KRC
PMTS
PMTS
Revenue
$272.2M
$153.1M
Net Profit
$17.1M
$7.3M
Gross Margin
31.5%
Operating Margin
12.0%
Net Margin
6.3%
4.8%
Revenue YoY
-5.0%
22.3%
Net Profit YoY
-73.7%
8.5%
EPS (diluted)
$0.11
$0.62

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
PMTS
PMTS
Q4 25
$272.2M
$153.1M
Q3 25
$279.7M
$138.0M
Q2 25
$289.9M
$129.8M
Q1 25
$270.8M
$122.8M
Q4 24
$286.4M
$125.1M
Q3 24
$289.9M
$124.8M
Q2 24
$280.7M
$118.8M
Q1 24
$278.6M
$111.9M
Net Profit
KRC
KRC
PMTS
PMTS
Q4 25
$17.1M
$7.3M
Q3 25
$162.3M
$2.3M
Q2 25
$79.6M
$518.0K
Q1 25
$43.7M
$4.8M
Q4 24
$65.0M
$6.8M
Q3 24
$57.7M
$1.3M
Q2 24
$54.5M
$6.0M
Q1 24
$55.7M
$5.5M
Gross Margin
KRC
KRC
PMTS
PMTS
Q4 25
31.5%
Q3 25
29.7%
Q2 25
30.9%
Q1 25
33.2%
Q4 24
34.1%
Q3 24
35.8%
Q2 24
35.7%
Q1 24
37.1%
Operating Margin
KRC
KRC
PMTS
PMTS
Q4 25
12.0%
Q3 25
9.4%
Q2 25
7.3%
Q1 25
11.5%
Q4 24
12.7%
Q3 24
14.3%
Q2 24
12.5%
Q1 24
12.6%
Net Margin
KRC
KRC
PMTS
PMTS
Q4 25
6.3%
4.8%
Q3 25
58.0%
1.7%
Q2 25
27.4%
0.4%
Q1 25
16.1%
3.9%
Q4 24
22.7%
5.4%
Q3 24
19.9%
1.0%
Q2 24
19.4%
5.1%
Q1 24
20.0%
4.9%
EPS (diluted)
KRC
KRC
PMTS
PMTS
Q4 25
$0.11
$0.62
Q3 25
$1.31
$0.19
Q2 25
$0.57
$0.04
Q1 25
$0.33
$0.40
Q4 24
$0.50
$0.56
Q3 24
$0.44
$0.11
Q2 24
$0.41
$0.51
Q1 24
$0.42
$0.46

Balance Sheet & Financial Strength

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

Metric
KRC
KRC
PMTS
PMTS
Cash + ST InvestmentsLiquidity on hand
$179.3M
$21.7M
Total DebtLower is stronger
$286.7M
Stockholders' EquityBook value
$5.4B
$-17.3M
Total Assets
$10.9B
$403.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRC
KRC
PMTS
PMTS
Q4 25
$179.3M
$21.7M
Q3 25
$372.4M
$16.0M
Q2 25
$193.1M
$17.1M
Q1 25
$146.7M
$31.5M
Q4 24
$165.7M
$33.5M
Q3 24
$625.4M
$14.7M
Q2 24
$835.9M
$7.5M
Q1 24
$855.0M
$17.1M
Total Debt
KRC
KRC
PMTS
PMTS
Q4 25
$286.7M
Q3 25
$308.4M
Q2 25
$310.9M
Q1 25
$280.7M
Q4 24
$280.4M
Q3 24
$280.2M
Q2 24
$269.7M
Q1 24
$265.3M
Stockholders' Equity
KRC
KRC
PMTS
PMTS
Q4 25
$5.4B
$-17.3M
Q3 25
$5.5B
$-25.7M
Q2 25
$5.4B
$-29.0M
Q1 25
$5.4B
$-29.7M
Q4 24
$5.4B
$-35.6M
Q3 24
$5.4B
$-42.8M
Q2 24
$5.4B
$-44.6M
Q1 24
$5.4B
$-48.5M
Total Assets
KRC
KRC
PMTS
PMTS
Q4 25
$10.9B
$403.2M
Q3 25
$11.0B
$407.1M
Q2 25
$10.9B
$399.8M
Q1 25
$10.9B
$351.9M
Q4 24
$10.9B
$349.7M
Q3 24
$11.4B
$342.3M
Q2 24
$11.5B
$321.4M
Q1 24
$11.6B
$319.8M

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
PMTS
PMTS
Operating Cash FlowLast quarter
$566.3M
$39.6M
Free Cash FlowOCF − Capex
$450.3M
$35.2M
FCF MarginFCF / Revenue
165.4%
23.0%
Capex IntensityCapex / Revenue
42.6%
2.9%
Cash ConversionOCF / Net Profit
33.10×
5.39×
TTM Free Cash FlowTrailing 4 quarters
$833.0M
$41.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRC
KRC
PMTS
PMTS
Q4 25
$566.3M
$39.6M
Q3 25
$176.6M
$10.0M
Q2 25
$143.7M
$4.3M
Q1 25
$136.9M
$5.6M
Q4 24
$541.1M
$26.7M
Q3 24
$176.3M
$12.5M
Q2 24
$88.7M
$-4.8M
Q1 24
$167.9M
$8.9M
Free Cash Flow
KRC
KRC
PMTS
PMTS
Q4 25
$450.3M
$35.2M
Q3 25
$148.7M
$5.3M
Q2 25
$118.4M
$533.0K
Q1 25
$115.6M
$292.0K
Q4 24
$440.8M
$21.6M
Q3 24
$147.2M
$11.1M
Q2 24
$69.5M
$-6.0M
Q1 24
$151.9M
$7.4M
FCF Margin
KRC
KRC
PMTS
PMTS
Q4 25
165.4%
23.0%
Q3 25
53.1%
3.8%
Q2 25
40.9%
0.4%
Q1 25
42.7%
0.2%
Q4 24
153.9%
17.3%
Q3 24
50.8%
8.9%
Q2 24
24.7%
-5.0%
Q1 24
54.5%
6.6%
Capex Intensity
KRC
KRC
PMTS
PMTS
Q4 25
42.6%
2.9%
Q3 25
10.0%
3.4%
Q2 25
8.7%
2.9%
Q1 25
7.9%
4.3%
Q4 24
35.0%
4.0%
Q3 24
10.1%
1.2%
Q2 24
6.8%
1.0%
Q1 24
5.7%
1.3%
Cash Conversion
KRC
KRC
PMTS
PMTS
Q4 25
33.10×
5.39×
Q3 25
1.09×
4.32×
Q2 25
1.81×
8.39×
Q1 25
3.13×
1.17×
Q4 24
8.32×
3.94×
Q3 24
3.06×
9.70×
Q2 24
1.63×
-0.79×
Q1 24
3.01×
1.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KRC
KRC

Segment breakdown not available.

PMTS
PMTS

US Debit And Credit$128.9M84%
US Prepaid Debit$24.4M16%

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