Kennedy-Wilson Holdings Inc 2025年季度报告

FORM10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934For the quarterly period endedJune30, 2025Or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934For the transition period fromto.Commission file number001-33824 Kennedy-Wilson Holdings, Inc.(Exact name of Registrant as specified in its charter) 26-0508760(I.R.S. EmployerIdentification No.) 151 S El Camino DriveBeverly Hills,CA90212(Address of principal executive offices)(Zip Code) Registrant’s telephone number, including area code:(310)887-6400 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and(2)has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany or an emerging growth company. See the definitions of “large accelerated filer," "accelerated filer," "smaller reporting company” and "emerging growth company" in Rule12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐Emerging growth company☐ Table of Contents If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐Yes☒NoThe number of shares of common stock outstanding as of August 4, 2025 was137,899,795. Table of Contents Index PART I FINANCIAL INFORMATION Item1.Financial Statements (Unaudited)Consolidated Balance SheetsConsolidated Statements ofOperationsConsolidated Statements of Comprehensive LossConsolidated Statements of EquityConsolidated Statements of Cash FlowsNotes to Consolidated Financial StatementsItem2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem3.Quantitative and Qualitative Disclosures About Market RiskItem4.Controls and Procedures PART II OTHER INFORMATION Item1.Legal ProceedingsItem1A.Risk FactorsItem2.Unregistered Sales of Equity Securities and Use of ProceedsItem3.Defaults Upon Senior SecuritiesItem4.Mine Safety DisclosureItem5.Other InformationItem6.Exhibits SIGNATURE FORWARD-LOOKING STATEMENTS Statements made by us in this report and in other reports and statements released by us that are not historical facts constitute “forward-looking statements” within the meaning of Section27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section21E of theSecurities Exchange Act of 1934, as amended (the “Exchange Act”). These forward-looking statements are necessarily estimates reflecting thejudgment of our senior management based on our current estimates, expectations, forecasts and projections and include comments that expressour current opinions about trends and factors that may impact future operating results. Disclosures that use words such as “believe,” "may,"“anticipate,” “estimate,” “intend,” “could,” “plan,” “expect,” “project” or the negative of these, as well as similar expressions, are intended toidentify forward-looking statements. Forward-looking statements are not guarantees of future performance, rely on a number of assumptions concerning future events, manyof which are outside of our control, and involve known and unknown risks and uncertainties that could cause our actual results, performance orachievement, or industry results to differ materially from any future results, performance or achievements, expressed or implied by suchforward-looking statements. These risks and uncertainties may include the risks and uncertainties described elsewhere in this report and otherfilings with the Securities and Exchange Commission (the “SEC”), including the Item1A. “Risk Factors” section of our Annual Report onForm 10-K for the year ended December31, 2024. Any such forward-looking statements, whether made in this report or elsewhere, should beconsidered in the context of the various disclosures made by us about our businesses including, without limitation, the risk factors discussed inour filings with the SEC. Except as required under the federal securities laws and the rules and regulations of the SEC, we do not have anyintention or obligation