For the year ending 2025-12-31, HPP made $831,105K in revenue. -$572,245K in net income. Net profit margin of -68.85%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenues | 831,105 | 842,082 | ||
| Operating expenses-Office Segment | 284,016 | - | ||
| Operating expenses-Studio Segment | 143,726 | - | ||
| Operating expenses | - | 454,079 | ||
| General and administrative | 72,953 | 79,451 | ||
| Depreciation and amortization | 374,967 | 354,425 | ||
| Total operating expenses | 875,662 | 887,955 | ||
| Loss from unconsolidated real estate entities | -67 | -7,308 | ||
| Fee income | 5,399 | 5,269 | ||
| Interest expense | 172,218 | 177,393 | ||
| Interest income | 6,238 | 2,467 | ||
| Management services reimbursement incomeunconsolidated real estate entities | 4,206 | 4,119 | ||
| Management services expenseunconsolidated real estate entities | 4,206 | 4,119 | ||
| Transaction-related expenses | 590 | 2,499 | ||
| Unrealized loss on non-real estate investments | -2,998 | -3,958 | ||
| Gain (loss) on sale of real estate, net | 5,714 | -2,453 | ||
| Impairment loss | 299,320 | 149,664 | ||
| Loss on deconsolidation of real estate entity | 77,907 | - | ||
| (loss) gain on extinguishment of debt | -10,453 | - | ||
| Other (expense) income | -1,812 | 1,647 | ||
| Loss on sale of bonds | 0 | - | ||
| Total other expenses | -548,014 | -333,892 | ||
| Loss before income tax benefit (provision) | -592,571 | -379,765 | ||
| Income tax benefit (provision) | -273 | 1,641 | ||
| Net loss | -592,298 | -381,406 | ||
| Net income attributable to preferred units/share-Series APreferred Stock | 364 | - | ||
| Net income attributable to preferred units/share-Series CPreferred Stock | 20,188 | - | ||
| Net income attributable to participating securities | 0 | 409 | ||
| Net loss attributable to non-controlling interest in consolidated real estate entities | -27,357 | -25,056 | ||
| Net loss (income) attributable to redeemable non-controlling interest in consolidated real estate entities | -3,248 | -4,059 | ||
| Net income attributable to preferred units/share | - | 20,800 | ||
| Net loss attributable to common units in the operating partnership | -10,000 | -9,357 | ||
| Net loss attributable to common stockholders | -572,245 | -364,143 | ||
| Basic EPS | -12.81 | -2.58 | ||
| Diluted EPS | -12.81 | -2.58 | ||
| Basic Average Shares | 44,682,601 | 141,192,730 | ||
| Diluted Average Shares | 44,682,601 | 141,192,730 | ||
Hudson Pacific Properties, Inc. (HPP)
Hudson Pacific Properties, Inc. (HPP)