HPP · XBRL financial data
Hudson Pacific Properties financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (HPP's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 805 | 897 | 1,026 | 952 | 842 | 831 |
| Gross profit | 505 | 561 | 612 | 502 | 388 | 403 |
| General and administrative | 78 | 71 | 80 | 75 | 79 | 73 |
| Total operating expenses | 677 | 751 | 867 | 923 | 888 | 876 |
| Interest income | 4 | 4 | 2 | 2 | 2 | 6 |
| Interest expense | 116 | 122 | 150 | 214 | 177 | 172 |
| Other income (expense) | 1 | (3) | 9 | (0) | 2 | (2) |
| Income tax expense (benefit) | 0 | 0 | (8) | 7 | 2 | (0) |
| Earnings per share, basic‡ USD per share | 0.00 | 0.28 | (2.73) | (9.52) | (18.06) | (12.81) |
| Earnings per share, diluted‡ USD per share | 0.00 | 0.28 | (2.73) | (9.52) | (18.06) | (12.81) |
| Weighted average shares, basic‡ millions of shares | 22 | 22 | 21 | 20 | 20 | 45 |
| Weighted average shares, diluted‡ millions of shares | 22 | 22 | 21 | 20 | 20 | 45 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-6.999860002799944 stock split (December 2025); filings made before it reported them unadjusted.
Balance sheet
CSVFiscal years (HPP's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 114 | 97 | 256 | 100 | 63 | 138 |
| Inventory | 0 | 2 | 5 | — | — | — |
| Property and equipment, net | 8 | 58 | 130 | 119 | 127 | 72 |
| Right-of-use asset | 265 | 287 | 401 | 376 | 371 | 333 |
| Goodwill | 9 | 109 | 264 | 264 | 157 | 9 |
| Total assets | 8,350 | 8,990 | 9,319 | 8,282 | 8,132 | 7,268 |
| Total liabilities | 4,245 | 4,654 | 5,434 | 4,721 | 4,955 | 4,063 |
| Total stockholders' equity | 3,463 | 3,742 | 3,305 | 3,078 | 2,855 | 2,972 |
| Total liabilities and equity | 8,350 | 8,990 | 9,319 | 8,282 | 8,132 | 7,268 |
| Common shares outstanding (cover page)‡ millions of shares | 22 | 22 | 20 | 20 | 20 | 54 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-6.999860002799944 stock split (December 2025); filings made before it reported them unadjusted.
Cash flows
CSVFiscal years (HPP's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Stock-based compensation | 23 | 21 | 24 | 24 | 26 | 30 |
| Depreciation and amortization | 300 | 344 | 373 | 398 | 354 | 375 |
| Net cash from operating activities | 302 | 315 | 370 | 232 | 165 | 121 |
| Net cash from investing activities | (1,007) | (754) | (378) | 468 | (251) | 43 |
| Proceeds from issuing common stock | 0 | 45 | 0 | 0 | 0 | 523 |
| Share repurchases | 80 | 46 | 37 | 1 | 0 | 0 |
| Dividends paid | 155 | 155 | 145 | 55 | 15 | 0 |
| Net cash from financing activities | 796 | 487 | 97 | (867) | 66 | (101) |
| Net change in cash | 91 | 47 | 89 | (167) | — | — |
Compare with peers
SIC 6500 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6500 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Hudson Pacific Properties | 81 | 188 | not reported | 54.3M | — | 10-QJun 30, 2026 |
| Kennedy-Wilson Holdings | 185 | 117 | (88) | 139.3M | 2.1 quarters | 10-QMar 31, 2026 |
| Ellington Financial | 247 | not reported | (19)* | 128.9M | 12.9 quarters | 10-QJun 30, 2026 |
| Getty Realty | 8.8 | 63 | 31* | 67.1M | — | 10-QSep 30, 2026 |
| Innovative Industrial Properties | 142 | 65 | 49* | 27.6M | — | 10-QSep 30, 2026 |
| AH Realty Trust | 27 | 52 | not reported | 73.8M | — | 10-QSep 30, 2026 |
| Cushman & Wakefield | 489 | 2,808 | not reported | 234.8M | — | 10-QSep 30, 2026 |
| Tejon Ranch | 3.9 | 14 | 1.3* | 27.0M | — | 10-QJun 30, 2026 |
| Curbline Properties | 123 | 71 | 42* | 121.4M | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
