Hudson Pacific Properties (HPP) Cost of Revenue (2010 - 2026)
Hudson Pacific Properties (HPP) posted Cost of Revenue of $31.7 million for Q1 2026, down 6.22% sequentially from $33.8 million in Q4 2025, and down 22.63% YoY from $41.0 million in Q1 2025.
Hudson Pacific Properties (HPP) Cost of Revenue (2010 - 2026) Analysis & Trends
Hudson Pacific Properties has reported Cost of Revenue for 17 years, with the latest figure at $31.7 million in Q1 2026.
- Quarterly Cost of Revenue fell 22.63% year-over-year to $31.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $169.4 million (down 28.32% YoY) and the FY2025 annual result came in at $143.7 million, down 52.98% from the prior year.
- Cost of Revenue slipped to $31.7 million in Q1 2026 per HPP's latest filing, from $33.8 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $112.2 million in Q3 2023 and troughed at -$191.7 million in Q4 2022.
- A 5-year average of $50.6 million and a median of $71.5 million in 2025 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue slumped 307.63% in 2022, then surged 440.13% in 2024.
- Over 5 years, Cost of Revenue stood at -$191.7 million in 2022, then soared by 88.06% to -$22.9 million in 2023, then soared by 440.13% to $77.9 million in 2024, then slumped by 56.59% to $33.8 million in 2025, then decreased by 6.22% to $31.7 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $31.7 million, $33.8 million, and $32.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.12 Bn | 8.01 Bn | - | - |
| 2 | Cousins Properties | 4.87 Bn | 4.87 Bn | 183.86 Mn | 84.67 Mn |
| 3 | Kilroy Realty | 4.25 Bn | 4.25 Bn | 212.24 Mn | 60.13 Mn |
| 4 | Copt Defense Properties | 4.20 Bn | 4.20 Bn | 191.37 Mn | 6.02 Mn |
| 5 | Sl Green Realty | 4.07 Bn | 4.07 Bn | 263.98 Mn | 17,000.00 |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.98 Bn | 1.62 Bn | 178.95 Mn | 77.60 Mn |
| 8 | Empire State Realty OP | 1.26 Bn | 1.26 Bn | - | - |
| 9 | Piedmont Realty Trust | 1.21 Bn | 1.21 Bn | 88.14 Mn | 55.99 Mn |
| 10 | Hudson Pacific Properties | 935.02 Mn | 935.02 Mn | 112.03 Mn | 69.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.71 Mn |
| Mar 31, 2026 | 31.71 Mn |
| Dec 31, 2025 | 33.81 Mn |
| Dec 31, 2025 | 33.81 Mn |
| Sep 30, 2025 | 32.38 Mn |
| Sep 30, 2025 | 32.38 Mn |
| Jun 30, 2025 | 71.50 Mn |
| Jun 30, 2025 | 71.50 Mn |
| Mar 31, 2025 | 40.98 Mn |
| Mar 31, 2025 | 40.98 Mn |
| Dec 31, 2024 | 77.90 Mn |
| Dec 31, 2024 | 77.90 Mn |
| Sep 30, 2024 | 79.50 Mn |
| Sep 30, 2024 | 79.50 Mn |
| Jun 30, 2024 | 37.95 Mn |
| Jun 30, 2024 | 37.95 Mn |
| Mar 31, 2024 | 37.11 Mn |
| Mar 31, 2024 | 37.11 Mn |
| Dec 31, 2023 | -22.90 Mn |
| Dec 31, 2023 | -22.90 Mn |