For the quarter ending 2025-09-30, HPP made $186,617,000 in revenue. -$136,467,000 in net income. Net profit margin of -73.13%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | 186,617,000 | 190,002,000 | 198,459,000 | 211,844,500 |
| Operating expenses-Office Segment | 71,577,000 | 71,501,000 | - | - |
| Total core office expenses | - | - | 113,258,000 | 112,991,000 |
| Operating expenses-Studio Segment | 32,382,000 | 36,552,000 | - | - |
| General and administrative | 13,709,000 | 27,776,000 | 18,483,000 | 19,601,000 |
| Depreciation and amortization | 94,085,000 | 94,751,000 | 93,085,000 | 90,477,500 |
| Total operating expenses | 211,753,000 | 230,580,000 | 224,826,000 | 223,069,500 |
| Loss from unconsolidated real estate entities | -744,000 | -205,000 | -1,254,000 | -804,000 |
| Fee income | 1,082,000 | 1,476,000 | 1,359,000 | 1,230,500 |
| Interest expense | 41,726,000 | 48,137,000 | 43,505,000 | 44,114,500 |
| Interest income | 2,212,000 | 2,123,000 | 435,000 | 673,000 |
| Management services reimbursement incomeunconsolidated real estate entities | 1,084,000 | - | 975,000 | 1,044,000 |
| Management services expenseunconsolidated real estate entities | 1,084,000 | - | 975,000 | 1,044,000 |
| Transaction-related expenses | 139,000 | 451,000 | - | 1,171,500 |
| Unrealized loss on non-real estate investments | -2,098,000 | 212,000 | -449,000 | -916,000 |
| Gain on sale of real estate, net | 0 | -16,000 | 10,023,000 | -613,250 |
| Impairment loss | 0 | 0 | 18,476,000 | 18,240,250 |
| Loss on deconsolidation of real estate entity | 77,907,000 | - | - | - |
| Loss on extinguishment of debt | -207,000 | -1,637,000 | -1,858,000 | - |
| Other income (expense) | 601,000 | -93,000 | 8,000 | 170,500 |
| Total other expenses | -118,926,000 | -46,728,000 | -53,717,000 | -102,719,000 |
| Loss before income tax provision | -144,062,000 | -87,306,000 | -80,084,000 | -113,944,000 |
| Income tax provision | 24,000 | 454,000 | 194,000 | -526,000 |
| Net loss | -144,086,000 | -87,760,000 | -80,278,000 | -113,418,000 |
| Net income attributable to preferred units/share-Series APreferred Stock | 53,000 | 121,000 | - | - |
| Net income attributable to preferred units/share-Series CPreferred Stock | 5,047,000 | 5,047,000 | - | - |
| Net income attributable to participating securities | 0 | 0 | - | 67,333.333 |
| Net income attributable to preferred units/share | - | - | 5,193,000 | 10,247,000 |
| Net loss attributable to non-controlling interest in consolidated real estate entities | -9,966,000 | -6,675,000 | -7,467,000 | -5,264,000 |
| Net loss attributable to redeemable non-controlling interest in consolidated real estate entities | -974,000 | -895,000 | -902,000 | -1,065,000 |
| Net loss attributable to common units in the operating partnership | -1,779,000 | -2,209,000 | -2,394,000 | -2,791,000 |
| Net loss attributable to common stockholders | -136,467,000 | -83,149,000 | -74,708,000 | -109,599,000 |
| Basic earnings per common share (in dollars per share) | -0.3 | -0.41 | -0.53 | -0.78 |
| Diluted earnings per common share (in dollars per share) | -0.3 | -0.41 | -0.53 | -0.78 |
| Weighted average shares of common stock outstandingbasic (in shares) | 451,031,299 | 202,666,003 | 141,386,505 | -70,610,540.5 |
| Weighted average shares of common stock outstandingdiluted (in shares) | 451,031,299 | 202,666,003 | 141,386,505 | -70,610,540.5 |
Hudson Pacific Properties, Inc. (HPP)
Hudson Pacific Properties, Inc. (HPP)