OPI Earnings Reports

Office Properties Income Trust (OPI) reported its financial results for the first quarter of 2025, highlighting its focus on owning and leasing office properties to high credit quality tenants. The company's revenues from investment grade rated tenants were approximately 60% as of March 31, 2025, and it owned 125 properties totaling 17.3 million square feet across 29 states and Washington, D.C.

Office Properties Income Trust (OPI) announced its financial results for the fourth quarter ended December 31, 2024. The company reported that approximately 58% of its revenues were from investment grade rated tenants and owned 128 properties totaling 17.8 million square feet.

Office Properties Income Trust announced its financial results for the quarter ended September 30, 2024. As of September 30, 2024, approximately 59% of OPI's revenues were from investment grade rated tenants. OPI owned 145 properties as of September 30, 2024, with approximately 19.5 million square feet located in 30 states and Washington, D.C.

Office Properties Income Trust reported their financial results for the quarter ended June 30, 2024.

Office Properties Income Trust reported their financial results for the quarter ended March 31, 2024. As of March 31, 2024, approximately 62% of OPI's revenues were from investment grade rated tenants. OPI owned 151 properties as of March 31, 2024, with approximately 20.3 million square feet located in 30 states and Washington, D.C.

Office Properties Income Trust announced its financial results for the quarter ended December 31, 2023. As of December 31, 2023, OPI owned 152 properties with approximately 20.5 million square feet located in 30 states and Washington, D.C.

Office Properties Income Trust announced its financial results for the quarter ended September 30, 2023.

Office Properties Income Trust announced its financial results for the quarter ended June 30, 2023. As of June 30, 2023, approximately 63% of OPI's revenues were from investment grade rated tenants. OPI owned and leased 155 properties as of June 30, 2023, with approximately 20.8 million square feet located in 30 states and Washington, D.C.

Office Properties Income Trust (OPI) announced its first quarter 2023 financial results, revealing their performance for the period ending March 31, 2023.

Office Properties Income Trust reported a net income of $6.4 million, or $0.13 per share, and Normalized FFO of $1.13 per share, exceeding the high end of their guidance range. The company leased 705,000 square feet, marking their highest quarterly leasing activity in three years. They also completed 2.6 million square feet of leasing activity for the year with a roll up in rent of 5.6%.

Office Properties Income Trust (OPI) announced its Q3 2022 financial results, reporting a net income of $17.0 million, or $0.35 per share, and normalized FFO of $53.8 million, or $1.11 per share. The company leased 606,000 square feet with a 21.6% roll-up in rents and a 7.2 year weighted average lease term. OPI sold 10 properties for approximately $118 million at a weighted average cap rate of approximately 6.8%.

Office Properties Income Trust (OPI) announced solid financial growth and strong leasing momentum in the second quarter of 2022. Normalized FFO and same property cash basis NOI exceeded prior year results and the high end of guidance. The company completed significant new and renewal leasing, and same property occupancy increased due to leasing activity and asset dispositions.

Office Properties Income Trust reported a net loss of $13.4 million, or $0.28 per share, for the first quarter of 2022. Normalized FFO was $62.7 million, or $1.30 per share, and CAD was $51.0 million, or $1.06 per share. The company leased 572,000 square feet with a 5.1% roll-up in rents and a 10.7 year weighted average term.

Office Properties Income Trust announced Q4 2021 results with a net income of $16.9 million, or $0.35 per share. Normalized FFO was $1.20 per share and same store cash basis NOI was relatively unchanged year over year. The company completed 702,000 square feet of new and renewal leasing with a weighted average roll up in rent of 4.0%.

Office Properties Income Trust announced financial results for Q3 2021, featuring a net income of $3.7 million, or $0.08 per share, and Normalized FFO of $59.6 million, or $1.24 per share. The company experienced a 1.0% increase in Same Property Cash Basis NOI and leased 659,000 square feet for a weighted average term of 10.9 years.

Office Properties Income Trust reported a net loss of $66.7 million, or $1.38 per share, for the second quarter of 2021. Normalized FFO was $55.4 million, or $1.15 per share, and CAD was $33.8 million, or $0.70 per share. The company acquired two Class A urban core office properties for $550.0 million and leased 548,000 square feet with a 17.1% roll-up in rents.

Office Properties Income Trust reported a strong first quarter in 2021, marked by increased liquidity and positive leasing results. Rent collections remained high, averaging above 99%. The company completed significant leasing activity and maintained a robust leasing pipeline.

Office Properties Income Trust reported a net loss of $1.7 million, or $0.03 per share, for the fourth quarter of 2020. Normalized FFO was $61.8 million, or $1.28 per share, and CAD increased 6.5% year over year to $42.3 million, or $0.88 per share. Same Property Cash Basis NOI increased 5.1% year over year, and the company completed 2.0 million square feet of leasing in 2020 with a 6.9% roll-up in rents.

Office Properties Income Trust (OPI) reported strong financial and operating results for Q3 2020, with Normalized FFO beating guidance and CAD increasing by more than 15% year over year. The company entered 595,000 square feet of new and renewal leases, resulting in a 31% roll up in rents. OPI also improved its liquidity by raising more than $250 million from a senior note offering and repaid all amounts outstanding on its $750 million credit facility.

Office Properties Income Trust announced its financial results for the quarter ended June 30, 2020, reporting a net income of $1.3 million, or $0.03 per diluted share. Normalized FFO was $67.2 million, or $1.40 per diluted share, and CAD was $45.5 million, or $0.95 per diluted share. Same property cash basis NOI increased 2.5%.

Office Properties Income Trust (OPI) reported a net income of $10.8 million, or $0.23 per diluted share, and Normalized FFO of $67.6 million, or $1.40 per diluted share, for the quarter ended March 31, 2020. The company completed 589,000 square feet of leasing and sold six properties for $85.4 million. OPI believes the near term impact to the company will not be material due to the strength of its tenant base and liquidity.

Office Properties Income Trust (OPI) reported a net income of $65.0 million, or $1.35 per share, for the fourth quarter of 2019. Normalized FFO was $66.4 million, or $1.38 per share. The company exceeded its asset sales goals, generating approximately $1.0 billion in proceeds since January 1, 2019. OPI also continued its strong leasing momentum, with 779,000 square feet of leasing completed during the quarter.