Hudson Pacific Properties, Inc. (HPP)
NYSE: HPP · Real-Time Price · USD
11.98
-0.08 (-0.66%)
At close: May 29, 2026, 4:00 PM EDT
11.85
-0.13 (-1.09%)
After-hours: May 29, 2026, 7:16 PM EDT
Hudson Pacific Properties Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property Revenue | 723.63 | 736.65 | 731.52 | 856.37 | 894.08 | 832.72 |
Service and Other Revenue | 90.87 | 94.46 | 110.57 | 95.93 | 132.14 | 64.11 |
| 814.5 | 831.11 | 842.08 | 952.3 | 1,026 | 896.84 | |
Revenue Growth (YoY) | -1.45% | -1.30% | -11.57% | -7.20% | 14.43% | 11.41% |
Property Expenses | 416.02 | 427.74 | 454.08 | 450.47 | 413.82 | 335.85 |
Total Property Expenses | 416.02 | 427.74 | 454.08 | 450.47 | 413.82 | 335.85 |
Gross Profit | 398.48 | 403.36 | 388 | 501.83 | 612.41 | 560.99 |
Selling, General & Admin | 67.05 | 72.95 | 79.45 | 74.96 | 79.5 | 71.35 |
Depreciation & Amortization Expenses | 362.6 | 374.97 | 354.43 | 397.85 | 373.22 | 343.61 |
Operating Income | -31.17 | -44.56 | -45.87 | 29.03 | 159.69 | 146.03 |
Net Gains on Disposal of Properties | -4.31 | 5.71 | -2.45 | 103.2 | -2.16 | - |
Interest Income | 16.95 | 15.84 | 11.86 | 12.49 | 15.42 | 9.97 |
Interest Expense | 166.71 | 172.22 | 177.39 | 214.42 | 149.9 | 121.94 |
Other Non-Operating Income (Expense) | -377.82 | -397.35 | -165.9 | -94.21 | -39.56 | -5.05 |
Total Non-Operating Income (Expense) | -198.46 | -203.58 | 20.89 | 235.9 | 123.6 | 126.86 |
Pretax Income | -563.04 | -592.57 | -379.77 | -163.9 | -16.52 | 29.01 |
Provision for Income Taxes | -0.12 | -0.27 | 1.64 | 6.8 | - | - |
Net Income | -550.67 | -572.25 | -364.14 | -192.18 | -56.5 | 6.06 |
Minority Interest in Earnings | -32.71 | -40.61 | -38.47 | -0.17 | 17.75 | 18.97 |
Net Income Attributable to Preferred Dividends | 20.45 | 20.55 | 21.21 | 21.65 | 22.24 | 3.98 |
Net Income to Common | -550.67 | -572.25 | -364.14 | -192.18 | -56.5 | 6.06 |
Net Income Growth | - | - | - | - | - | 1483.29% |
Shares Outstanding (Basic) | 56 | 45 | 20 | 20 | 21 | 22 |
Shares Outstanding (Diluted) | 56 | 45 | 20 | 20 | 21 | 22 |
Shares Change (YoY) | 175.39% | 121.53% | 0.17% | -1.93% | -5.40% | -0.80% |
EPS (Basic) | -10.10 | -12.81 | -18.05 | -9.54 | -2.73 | 0.28 |
EPS (Diluted) | -10.10 | -12.81 | -18.05 | -9.54 | -2.73 | 0.28 |
Shares Outstanding | 54.24 | 54.23 | 20.18 | 20.15 | 20.15 | 21.59 |
Free Cash Flow | -17.89 | -45.17 | -57.79 | -72.31 | -23.97 | -148.99 |
Free Cash Flow Per Share | -0.32 | -1.01 | -2.87 | -3.59 | -1.17 | -6.86 |
Dividends Per Share | - | - | 0.700 | 2.630 | 7.000 | 7.000 |
Dividend Growth | - | - | -73.38% | -62.43% | - | - |
Gross Margin | 48.92% | 48.53% | 46.08% | 52.70% | 59.68% | 62.55% |
Operating Margin | -3.83% | -5.36% | -5.45% | 3.05% | 15.56% | 16.28% |
Profit Margin | -69.11% | -71.27% | -45.29% | -17.93% | -1.61% | 3.23% |
FCF Margin | -2.20% | -5.43% | -6.86% | -7.59% | -2.34% | -16.61% |
EBITDA | 331.44 | 330.41 | 308.55 | 426.87 | 532.91 | 489.64 |
EBITDA Margin | 40.69% | 39.76% | 36.64% | 44.83% | 51.93% | 54.60% |
EBIT | -31.17 | -44.56 | -45.87 | 29.03 | 159.69 | 146.03 |
EBIT Margin | -3.83% | -5.36% | -5.45% | 3.05% | 15.56% | 16.28% |
Effective Tax Rate | 0.02% | 0.05% | -0.43% | -4.15% | 0.00% | 0.00% |