HPP.PRC Income Statement - TTM - Hudson Pacific Properties, Inc. - Preferred Stock

Income Statement (TTM)

Hudson Pacific Properties, Inc. - Preferred Stock Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	818	806	813	831	863	899	930	967	999	1,027	1,034	1,025	996	948	910	881	848	835	819	793
Change (%)		-1.46	0.96	2.10	3.86	4.19	3.46	3.99	3.29	2.85	0.65	-0.85	-2.86	-4.76	-4.03	-3.18	-3.80	-1.53	-1.93	-3.14
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	304	300	304	314	328	345	354	372	396	428	439	448	445	449	449	453	456	457	458	446
Change (%)		-1.11	1.13	3.27	4.76	4.96	2.63	5.01	6.50	8.21	2.55	1.95	-0.49	0.87	-0.06	0.94	0.65	0.08	0.23	-2.43
% of Revenue	37.13	37.26	37.32	37.75	38.08	38.36	38.06	38.43	39.62	41.68	42.47	43.67	44.73	47.38	49.34	51.44	53.82	54.69	55.90	56.31

Gross Operating Profit	514	505	510	517	534	554	576	595	603	599	595	577	550	499	461	428	392	378	361	346
Change (%)		-1.67	0.86	1.40	3.31	3.71	3.97	3.37	1.29	-0.66	-0.70	-2.91	-4.70	-9.31	-7.61	-7.19	-8.52	-3.40	-4.53	-4.04
% of Revenue	62.87	62.74	62.68	62.25	61.92	61.64	61.94	61.57	60.38	58.32	57.53	56.33	55.27	52.62	50.66	48.56	46.18	45.31	44.10	43.69

SG&A	72	78	78	77	78	71	73	78	80	80	78	75	72	75	76	78	80	79	78	85
Change (%)		8.48	-0.22	-1.01	1.12	-8.28	2.89	6.49	1.93	-0.22	-2.25	-3.77	-3.05	3.39	1.32	2.32	2.61	-0.36	-1.54	9.04
% of Revenue	8.78	9.67	9.55	9.26	9.02	7.94	7.90	8.09	7.98	7.74	7.52	7.30	7.28	7.90	8.34	8.82	9.41	9.52	9.55	10.76

R&D
Change (%)
% of Revenue

OpEx	672	678	690	710	739	760	780	810	840	881	895	908	909	922	918	911	904	890	892	895
Change (%)		0.88	1.80	2.87	4.13	2.79	2.70	3.81	3.72	4.85	1.60	1.47	0.11	1.43	-0.50	-0.67	-0.76	-1.55	0.12	0.44
% of Revenue	82.18	84.12	84.82	85.47	85.69	84.54	83.93	83.78	84.13	85.76	86.56	88.58	91.30	97.23	100.81	103.42	106.69	106.67	108.89	112.92

Operating Income	146	128	123	121	123	139	149	157	158	146	139	117	87	26	-7	-30	-57	-56	-73	-102
Change (%)		-12.23	-3.49	-2.22	2.26	12.57	7.57	4.94	1.05	-7.70	-5.04	-15.74	-25.94	-69.68	-128.11	308.57	88.05	-1.87	30.77	40.66
% of Revenue	17.82	15.88	15.18	14.53	14.31	15.46	16.07	16.22	15.87	14.24	13.44	11.42	8.70	2.77	-0.81	-3.42	-6.69	-6.67	-8.89	-12.92

Interest Expense	-113	-114	-118	-120	-121	-122	-122	-126	-132	-150	-173	-194	-210	-214	-205	-194	-186	-177	-177	-181
Change (%)		1.14	3.40	2.34	0.82	0.41	0.45	2.47	5.13	13.60	15.32	12.11	8.42	2.04	-4.53	-5.12	-4.42	-4.44	-0.33	2.25
% of Revenue	-13.76	-14.13	-14.47	-14.50	-14.08	-13.57	-13.17	-12.98	-13.21	-14.59	-16.72	-18.91	-21.10	-22.61	-22.49	-22.04	-21.90	-21.25	-21.60	-22.80

Net Income	23	2	-4	-5	-8	10	-9	-14	-17	-34	-35	-64	-84	-171	-203	-214	-274	-343	-366	-402
Change (%)		-91.26	-272.40	31.62	79.91	-220.87	-193.78	49.67	20.71	101.28	1.80	82.38	32.40	102.48	18.84	5.40	28.24	25.19	6.62	9.94
% of Revenue	2.85	0.25	-0.43	-0.56	-0.96	1.12	-1.01	-1.46	-1.70	-3.34	-3.37	-6.21	-8.46	-17.98	-22.27	-24.24	-32.31	-41.08	-44.66	-50.70

Source: Capital IQ

Hudson Pacific Properties, Inc. - Preferred Stock - Income Statement (TTM)

Income Statement (TTM)