Hudson Pacific Properties, Inc. (HPP)
NYSE: HPP · Real-Time Price · USD
9.41
+0.92 (10.84%)
Nov 9, 2026, 4:00 PM EST - Market closed
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 | Sep '26 Sep 30, 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 |
Rental Revenue | 717.67 | 736.65 | 731.52 | 856.37 | 894.08 | 832.72 |
Other Revenue | 89.64 | 94.39 | 103.26 | 92.02 | 133.09 | 65.94 |
| 807.31 | 831.04 | 834.77 | 948.4 | 1,027 | 898.66 | |
Revenue Growth (YoY | 3.28% | -0.45% | -11.98% | -7.67% | 14.30% | 11.54% |
Property Expenses | 407.2 | 428.33 | 456.58 | 449.32 | 428.17 | 344.76 |
Selling, General & Administrative | 49.9 | 72.95 | 79.45 | 74.96 | 79.5 | 71.35 |
Depreciation & Amortization | 333.76 | 374.97 | 354.43 | 397.85 | 373.22 | 343.61 |
Total Operating Expenses | 790.86 | 876.25 | 890.45 | 922.12 | 880.89 | 759.72 |
Operating Income | 16.44 | -45.21 | -55.68 | 26.28 | 146.27 | 138.94 |
Interest Expense | -156.26 | -172.22 | -177.39 | -214.42 | -149.9 | -121.94 |
Interest & Investment Income | 4.4 | 6.24 | 2.47 | 2.18 | 2.34 | 3.79 |
Other Non-Operating Income | 2.48 | 5.4 | 5.27 | 6.18 | 9.42 | -1.23 |
EBT Excluding Unusual Items | -132.94 | -205.8 | -225.34 | -179.78 | 8.14 | 19.56 |
Gain (Loss) on Sale of Investments | -12.65 | -3 | -2.31 | -37.17 | -1.44 | 16.57 |
Gain (Loss) on Sale of Assets | -26.39 | -74.01 | -2.45 | 103.2 | -2.16 | - |
Asset Writedown | -479.11 | -299.32 | -149.66 | -60.16 | -28.55 | -2.76 |
Other Unusual Items | -6.75 | -10.45 | - | 10 | - | -6.26 |
Pretax Income | -657.84 | -592.57 | -379.77 | -163.9 | -24.02 | 27.11 |
Income Tax Expense | 0.13 | -0.27 | 1.64 | 6.8 | -7.5 | -1.9 |
Earnings From Continuing Operations | -657.97 | -592.3 | -381.41 | -170.7 | -16.52 | 29.01 |
Minority Interest in Earnings | 24.65 | 40.61 | 38.47 | 0.17 | -17.75 | -18.97 |
Net Income | -633.32 | -551.69 | -342.93 | -170.53 | -34.26 | 10.05 |
Preferred Dividends & Other Adjustments | 20.36 | 20.55 | 21.21 | 21.65 | 22.24 | 3.98 |
Net Income to Common | -653.68 | -572.25 | -364.14 | -192.18 | -56.5 | 6.06 |
Net Income Growth | - | - | - | - | - | 1483.29% |
Basic Shares Outstanding | 65 | 45 | 20 | 20 | 21 | 22 |
Diluted Shares Outstanding | 65 | 45 | 20 | 20 | 21 | 22 |
Shares Change | 92.25% | 121.53% | 0.17% | -1.93% | -5.40% | -0.80% |
EPS (Basic) | -10.13 | -12.81 | -18.05 | -9.54 | -2.75 | 0.28 |
EPS (Diluted) | -10.14 | -12.81 | -18.05 | -9.54 | -2.75 | 0.28 |
EPS Growth | - | - | - | - | - | 1499.53% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Dividend Per Share | - | - | 0.700 | 2.630 | 7.000 | 7.000 |
Dividend Growth | - | - | -73.38% | -62.43% | 0% | 0% |
Operating Margin | 2.04% | -5.44% | -6.67% | 2.77% | 14.24% | 15.46% |
Profit Margin | -80.97% | -68.86% | -43.62% | -20.26% | -5.50% | 0.68% |
EBITDA | 318.35 | 296.19 | 263.34 | 383.85 | 474.02 | 428.38 |
EBITDA Margin | 39.43% | 35.64% | 31.55% | 40.47% | 46.15% | 47.67% |
D&A For Ebitda | 301.91 | 341.41 | 319.02 | 357.57 | 327.75 | 289.44 |
EBIT | 16.44 | -45.21 | -55.68 | 26.28 | 146.27 | 138.94 |
EBIT Margin | 2.04% | -5.44% | -6.67% | 2.77% | 14.24% | 15.46% |
Funds From Operations (FFO) | -144.96 | -193.51 | -41.2 | 129.52 | 270.42 | 293.69 |
FFO Per Share | -2.21 | -4.26 | -1.98 | 6.30 | 13.02 | - |
Adjusted Funds From Operations (AFFO) | -28.45 | -1.09 | 67.1 | 115.67 | 236.99 | 293.69 |
AFFO Per Share | -0.44 | -0.02 | 3.23 | 5.60 | 11.38 | - |
Revenue as Reported | 807.07 | 831.11 | 842.08 | 952.3 | 1,026 | 896.84 |