Curbline Properties Corp. reported financial results for the fourth quarter and full year ended December 31, 2025. For the full year (FY25), total revenues were USD 182.89 million, with rental income accounting for USD 181.98 million. Net income attributable to shareholders for FY25 was USD 39.83 million, or USD 0.37 per diluted share. For the fourth quarter (Q4), total revenues reached USD 54.15 million, and net income attributable to shareholders was USD 9.54 million, or USD 0.09 per diluted share. Total Net Operating Income (NOI) for FY25 was USD 136.95 million, and for Q4 2025, NOI was USD 41.70 million. Curbline grew same-property NOI over 3 percent during the year, with capital expenditures as a percentage of NOI at 7 percent and double-digit growth in OFFO. The company completed nearly USD 800 million in real estate acquisitions during the year. Management highlighted the company's differentiated investment focus on convenience centers in suburban, high household income communities and noted that the underlying drivers supporting FY25 results remain in place, positioning Curbline for continued growth. The decrease in Q4 net income compared to the prior year was primarily attributed to a reduction in interest income, increased interest expense, and higher depreciation and amortization expense, partially offset by the impact of asset acquisitions and related increases in net operating income.

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