Hudson Pacific Properties delivered a quarter of strong operational execution, with over 500,000 square feet of office leasing and positive office absorption. The company significantly strengthened its balance sheet with $1 billion of liquidity and no debt maturities until the second half of 2026. Studio NOI approached breakeven due to cost-savings initiatives.

Hudson Pacific Properties delivered a mixed second quarter 2025, with total revenue decreasing year-over-year primarily due to asset sales and lower office occupancy. However, the company achieved substantial leasing activity, securing 1.2 million square feet in 1H25, including 558,000 square feet in Q2. Liquidity significantly improved to $1.0 billion, and recurring G&A expenses saw a 35% improvement. The company is optimistic about future growth driven by AI investments and a ramping media industry.

Hudson Pacific Properties reported a decrease in total revenue and a wider net loss in the first quarter of 2025 compared to the previous year, primarily due to asset sales and lower office occupancy. Despite this, the company saw its best office leasing quarter in nearly three years and increased its leasing pipeline.

Hudson Pacific Properties concluded 2024 with a significant increase in office leasing, exceeding 2.0 million square feet for the year, and reported a net loss of $167.0 million for Q4 2024. The company is focused on driving leasing, executing asset sales, and strengthening its balance sheet in 2025.

Hudson Pacific Properties reported a total revenue of $200.4 million and a net loss attributable to common stockholders of $97.9 million, or $0.69 per diluted share, for the third quarter of 2024. The company signed 539,000 sq ft of office leases in 3Q and 1.6 million sq ft year to date.

Hudson Pacific Properties reported a total revenue of $218.0 million and a net loss attributable to common stockholders of $47.0 million, or $0.33 per diluted share, for the second quarter of 2024. They signed 540,000 square feet of office leases. The company is providing a third quarter FFO outlook of $0.08 to $0.12 per diluted share and updating key assumptions related to its full year FFO outlook.

Hudson Pacific Properties reported a challenging first quarter in 2024, marked by a decrease in total revenue to $214.0 million compared to $252.3 million in the same period last year. The company experienced a net loss attributable to common stockholders of $52.2 million, or $0.37 per diluted share, which is a significant increase from the net loss of $20.4 million, or $0.14 per diluted share, in the first quarter of 2023. Despite these financial headwinds, the company saw strong office leasing activity, signing over 500,000 square feet of leases.

Hudson Pacific Properties reported a total revenue of $223.4 million and a net loss attributable to common stockholders of $98.0 million, or $0.70 per diluted share, for Q4 2023. The company leased 431,980 square feet and completed $889 million of dispositions.

Hudson Pacific Properties reported a decrease in total revenue to $231.4 million compared to $260.4 million year-over-year, primarily due to asset sales and tenant move-outs. The company experienced a net loss attributable to common stockholders of $37.6 million, or $0.27 per diluted share, compared to a net loss of $17.3 million, or $0.12 per diluted share in the same quarter of the previous year. Leasing activity saw acceleration, and the company is focusing on expense control and balance sheet management.

Hudson Pacific Properties reported a decrease in total revenue to $245.2 million compared to $251.4 million in the same quarter of the previous year. The company experienced a net loss attributable to common stockholders of $36.2 million, or $0.26 per diluted share, compared to a net loss of $7.4 million, or $0.05 per diluted share, in the second quarter of 2022.

Hudson Pacific Properties reported a mixed first quarter of 2023, with revenue increasing by 3.2% year-over-year to $252.3 million, primarily due to the acquisition of Quixote. However, the company experienced a net loss attributable to common stockholders of $20.4 million, or $0.14 per diluted share, compared to a net loss of $19.8 million, or $0.13 per diluted share in the same period last year. The company is also working to minimize the impact of the national writers strike as it relates to its studio business.

Hudson Pacific Properties reported Q4 2022 financial results, with total revenue up 12.2% compared to Q4 2021. The company executed over 500,000 square feet of leases and provided a full-year 2023 FFO outlook.

Hudson Pacific Properties reported a 14.4% increase in total revenue, reaching $260.4 million. Leasing activity was strong with over 380,000 square feet completed. The company narrowed its 2022 full-year FFO guidance to a range of $2.01 to $2.05 per diluted share, excluding specified items.

Hudson Pacific Properties reported an increase in total revenue and same-store property cash NOI. The company signed over 700,000 square feet of leases and saw increases in GAAP and cash rents. However, they experienced a net loss attributable to common stockholders.

Hudson Pacific Properties reported strong first quarter results driven by their focus on serving the tech and media industries. They signed over 500,000 square feet of leases and are progressing on over 2.3 million square feet of under construction and near-term planned state-of-the-art office and studio value creation opportunities.

Hudson Pacific Properties reported strong fourth-quarter results, achieving the high end of its FFO guidance range. The company signed over 448,000 square feet of office leases and saw growth in both GAAP and cash office rents. They also purchased an office tower and commenced construction on a studio facility.

Hudson Pacific Properties reported financial results for the third quarter of 2021, featuring a net loss of $0.06 per diluted share, but a FFO of $0.50 per diluted share (excluding specified items). The company also saw significant growth in same-store office and studio cash NOI, increasing by 10.8% and 45.5%, respectively.

Hudson Pacific Properties reported strong second-quarter results with increased office leasing and studio production activity, leading to revenue growth and solid same-store NOI performance. The company reinstated its full-year guidance, reflecting confidence in continued momentum.

Hudson Pacific Properties reported a net income of $0.03 per diluted share and FFO of $0.48 per diluted share (excluding specified items) for Q1 2021. Same-store office and studio cash NOI increased by 2.6% and 6.4%, respectively. The company executed over 524,000 square feet of office leases with GAAP and cash rent growth of 12.2% and 2.4%, respectively.

Hudson Pacific Properties reported a net loss of $0.05 per diluted share for the fourth quarter of 2020. The company signed over 279,000 square feet of office leases and maintained an in-service office portfolio at 93.5% leased. Total revenue decreased by 6.0% to $203.8 million, while same-store office cash NOI grew by 4.2%.

Hudson Pacific Properties reported a net loss of $0.04 per diluted share for Q3 2020. However, the company saw positive momentum with the easing of restrictions for non-essential businesses and schools. Rent collections remained strong, and leasing activity accelerated, including a noteworthy new lease and expansion with Google in San Francisco. The company also achieved several major milestones within its development pipeline.

Hudson Pacific Properties reported a slight increase in total revenue, with office revenue increasing and studio revenue decreasing. Net income attributable to common stockholders was $3.7 million, or $0.02 per diluted share. The company formed a joint venture with Blackstone to expand its studio platform and maintains a strong liquidity position.

Hudson Pacific Properties reported positive first-quarter results, including an increase in total revenue and net income. The company experienced growth in same-store office and studio cash NOI. However, due to the uncertainty surrounding the COVID-19 pandemic, they withdrew their full-year 2020 FFO guidance.

Hudson Pacific Properties reported fourth-quarter results with net income of $0.09 per diluted share and FFO of $0.55 per diluted share (excluding specified items). Total revenue increased by 9.3% to $216.9 million. The company signed 435,000 square feet of office leases and achieved GAAP and cash office rent growth of 41.4% and 23.9%, respectively.