vs
Side-by-side financial comparison of KILROY REALTY CORP (KRC) and Wingstop Inc. (WING). Click either name above to swap in a different company.
KILROY REALTY CORP is the larger business by last-quarter revenue ($272.2M vs $183.7M, roughly 1.5× Wingstop Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs 6.3%, a 10.0% gap on every dollar of revenue. On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs -5.0%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% 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.
Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.
KRC vs WING — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $272.2M | $183.7M |
| Net Profit | $17.1M | $29.9M |
| Gross Margin | — | 86.5% |
| Operating Margin | — | 27.4% |
| Net Margin | 6.3% | 16.3% |
| Revenue YoY | -5.0% | 7.4% |
| Net Profit YoY | -73.7% | — |
| EPS (diluted) | $0.11 | $1.08 |
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.
| Q1 26 | — | $183.7M | ||
| Q4 25 | $272.2M | $175.7M | ||
| Q3 25 | $279.7M | $175.7M | ||
| Q2 25 | $289.9M | $174.3M | ||
| Q1 25 | $270.8M | $171.1M | ||
| Q4 24 | $286.4M | $161.8M | ||
| Q3 24 | $289.9M | $162.5M | ||
| Q2 24 | $280.7M | $155.7M |
| Q1 26 | — | $29.9M | ||
| Q4 25 | $17.1M | $26.8M | ||
| Q3 25 | $162.3M | $28.5M | ||
| Q2 25 | $79.6M | $26.8M | ||
| Q1 25 | $43.7M | $92.3M | ||
| Q4 24 | $65.0M | $26.8M | ||
| Q3 24 | $57.7M | $25.7M | ||
| Q2 24 | $54.5M | $27.5M |
| Q1 26 | — | 86.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 85.6% | ||
| Q3 24 | — | 85.0% | ||
| Q2 24 | — | 85.4% |
| Q1 26 | — | 27.4% | ||
| Q4 25 | — | 26.7% | ||
| Q3 25 | — | 27.9% | ||
| Q2 25 | — | 25.9% | ||
| Q1 25 | — | 22.4% | ||
| Q4 24 | — | 25.9% | ||
| Q3 24 | — | 24.5% | ||
| Q2 24 | — | 26.5% |
| Q1 26 | — | 16.3% | ||
| Q4 25 | 6.3% | 15.2% | ||
| Q3 25 | 58.0% | 16.2% | ||
| Q2 25 | 27.4% | 15.4% | ||
| Q1 25 | 16.1% | 53.9% | ||
| Q4 24 | 22.7% | 16.5% | ||
| Q3 24 | 19.9% | 15.8% | ||
| Q2 24 | 19.4% | 17.7% |
| Q1 26 | — | $1.08 | ||
| Q4 25 | $0.11 | $0.99 | ||
| Q3 25 | $1.31 | $1.02 | ||
| Q2 25 | $0.57 | $0.96 | ||
| Q1 25 | $0.33 | $3.24 | ||
| Q4 24 | $0.50 | $0.91 | ||
| Q3 24 | $0.44 | $0.88 | ||
| Q2 24 | $0.41 | $0.93 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $179.3M | $128.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.4B | — |
| Total Assets | $10.9B | $648.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $128.8M | ||
| Q4 25 | $179.3M | $196.6M | ||
| Q3 25 | $372.4M | $237.6M | ||
| Q2 25 | $193.1M | $227.9M | ||
| Q1 25 | $146.7M | $251.4M | ||
| Q4 24 | $165.7M | $315.9M | ||
| Q3 24 | $625.4M | $84.0M | ||
| Q2 24 | $835.9M | $96.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $5.4B | $-736.8M | ||
| Q3 25 | $5.5B | $-702.6M | ||
| Q2 25 | $5.4B | $-686.0M | ||
| Q1 25 | $5.4B | $-715.0M | ||
| Q4 24 | $5.4B | $-675.6M | ||
| Q3 24 | $5.4B | $-447.5M | ||
| Q2 24 | $5.4B | $-437.5M |
| Q1 26 | — | $648.9M | ||
| Q4 25 | $10.9B | $693.4M | ||
| Q3 25 | $11.0B | $721.0M | ||
| Q2 25 | $10.9B | $708.3M | ||
| Q1 25 | $10.9B | $696.8M | ||
| Q4 24 | $10.9B | $716.2M | ||
| Q3 24 | $11.4B | $484.8M | ||
| Q2 24 | $11.5B | $451.8M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $566.3M | $57.3M | ||
| Q3 25 | $176.6M | $63.9M | ||
| Q2 25 | $143.7M | $6.6M | ||
| Q1 25 | $136.9M | $25.3M | ||
| Q4 24 | $541.1M | $7.7M | ||
| Q3 24 | $176.3M | $69.0M | ||
| Q2 24 | $88.7M | $36.2M |
| Q1 26 | — | — | ||
| Q4 25 | $450.3M | $34.5M | ||
| Q3 25 | $148.7M | $61.7M | ||
| Q2 25 | $118.4M | $-7.8M | ||
| Q1 25 | $115.6M | $17.3M | ||
| Q4 24 | $440.8M | $-8.6M | ||
| Q3 24 | $147.2M | $54.9M | ||
| Q2 24 | $69.5M | $25.9M |
| Q1 26 | — | — | ||
| Q4 25 | 165.4% | 19.6% | ||
| Q3 25 | 53.1% | 35.1% | ||
| Q2 25 | 40.9% | -4.5% | ||
| Q1 25 | 42.7% | 10.1% | ||
| Q4 24 | 153.9% | -5.3% | ||
| Q3 24 | 50.8% | 33.8% | ||
| Q2 24 | 24.7% | 16.6% |
| Q1 26 | — | — | ||
| Q4 25 | 42.6% | 13.0% | ||
| Q3 25 | 10.0% | 1.3% | ||
| Q2 25 | 8.7% | 8.2% | ||
| Q1 25 | 7.9% | 4.7% | ||
| Q4 24 | 35.0% | 10.1% | ||
| Q3 24 | 10.1% | 8.7% | ||
| Q2 24 | 6.8% | 6.6% |
| Q1 26 | — | — | ||
| Q4 25 | 33.10× | 2.14× | ||
| Q3 25 | 1.09× | 2.24× | ||
| Q2 25 | 1.81× | 0.25× | ||
| Q1 25 | 3.13× | 0.27× | ||
| Q4 24 | 8.32× | 0.29× | ||
| Q3 24 | 3.06× | 2.68× | ||
| Q2 24 | 1.63× | 1.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KRC
Segment breakdown not available.
WING
| Royalty revenue, franchise fees and other | $87.5M | 48% |
| Advertising fees | $63.3M | 34% |
| Company-owned restaurant sales | $33.0M | 18% |
