HPP
Hudson Pacific Properties, Inc.
NYSE · Real Estate · REIT - Office · US
$12.61
−1.02%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 812.8M | 831.1M | 842.1M | 952.3M | 1.0B |
| Cost of Revenue | 573.1M | 1.2B | 454.1M | 450.5M | 413.8M |
| Gross Profit | 239.7M | (350.2M) | 388.0M | 501.8M | 612.4M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 51.3M | 73.0M | 79.5M | 75.0M | 79.5M |
| General & Admin Expense | 51.3M | 73.0M | 79.5M | 75.0M | 79.5M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 190.5M | (375.6M) | 354.4M | 397.8M | 373.2M |
| Total Operating Expenses | 241.8M | (302.6M) | 433.9M | 472.8M | 452.7M |
| Cost and Expenses | 814.9M | 878.7M | 888.0M | 923.3M | 866.5M |
| Operating Income (EBIT) | (2.1M) | (47.6M) | (45.9M) | 29.0M | 159.7M |
| Non-Operating | |||||
| Interest Income | 5.9M | 6.2M | 2.5M | 2.2M | 2.3M |
| Interest Expense | 157.0M | 172.2M | 177.4M | 214.4M | 149.9M |
| Net Interest Income | (151.2M) | (166.0M) | (174.9M) | (212.2M) | (147.6M) |
| Other Non-Op Income/Expense | (578.0M) | (545.0M) | (333.9M) | (192.9M) | (176.2M) |
| Non-Operating Income (excl Interest) | 420.9M | 372.8M | 156.5M | (21.5M) | 26.3M |
| EBT (Pre-Tax Income) | (580.0M) | (592.6M) | (379.8M) | (163.9M) | (16.5M) |
| Income Tax Expense | (179.0K) | (273.0K) | 1.6M | 6.8M | — |
| Bottom Line | |||||
| Net Income | (557.1M) | (551.7M) | (343.3M) | (173.9M) | (35.0M) |
| Earnings from Cont. Ops | (579.9M) | (592.3M) | (381.4M) | (170.7M) | (16.5M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (567.0M) | (551.7M) | (364.1M) | (192.2M) | (56.5M) |
| Per Share | |||||
| Basic EPS | ($8.85) | ($12.81) | ($18.06) | ($9.52) | ($2.73) |
| Diluted EPS | ($8.85) | ($12.81) | ($18.06) | ($9.52) | ($2.73) |
| Revenue Per Share | $12.61 | $18.60 | $41.75 | $47.29 | $49.98 |
| Shares | |||||
| Basic Shares Outstanding | 64.5M | 44.7M | 20.2M | 20.1M | 20.5M |
| Diluted Shares Outstanding | 64.5M | 44.7M | 20.2M | 20.1M | 20.5M |
| Profitability Metrics | |||||
| EBITDA | (73.0M) | (45.4M) | 152.1M | 448.4M | 506.6M |
| D&A | 350.0M | 375.0M | 354.4M | 397.8M | 373.2M |
| EBIT | (423.0M) | (420.4M) | (202.4M) | 50.5M | 133.4M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026