Hudson Pacific Properties (HPP) Gross Margin (2010 - 2026)
Hudson Pacific Properties (HPP) posted Gross Margin of 82.56% for Q1 2026, down 4.87% sequentially from 86.79% in Q4 2025, and up 321.0% YoY from 19.61% in Q1 2025.
Hudson Pacific Properties (HPP) Gross Margin (2010 - 2026) Analysis & Trends
Hudson Pacific Properties has reported Gross Margin for 17 years, with the latest figure at 82.56% in Q1 2026.
- Quarterly Gross Margin rose 321.0% year-over-year to 82.56% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 79.2% (up 780.0% YoY) and the FY2025 annual result came in at 82.71%, up 1900.0% from the prior year.
- Gross Margin eased to 82.56% in Q1 2026 per HPP's latest filing, from 86.79% in the prior quarter.
- Over five years, Gross Margin peaked at 171.03% in Q4 2022 and troughed at 51.53% in Q3 2023.
- A 5-year average of 76.92% and a median of 62.85% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 10943 bps in 2022, then plunged 6078 bps in 2023.
- Over 5 years, Gross Margin stood at 171.03% in 2022, then slumped by 36 bps to 110.25% in 2023, then sank by 43 bps to 62.85% in 2024, then surged by 38 bps to 86.79% in 2025, then fell by 5 bps to 82.56% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 82.56%, 86.79%, and 82.65% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 8.97 Bn | 7.86 Bn | - | - |
| 2 | Cousins Properties | 4.81 Bn | 4.80 Bn | 183.86 Mn | 68.47% |
| 3 | Kilroy Realty | 4.22 Bn | 4.22 Bn | 212.24 Mn | 77.92% |
| 4 | Copt Defense Properties | 4.19 Bn | 4.19 Bn | 191.37 Mn | 96.95% |
| 5 | Sl Green Realty | 4.08 Bn | 4.08 Bn | 263.98 Mn | 99.99% |
| 6 | Highwoods Properties | 3.44 Bn | 3.10 Bn | - | - |
| 7 | Douglas Emmett | 1.97 Bn | 1.61 Bn | 178.95 Mn | 69.75% |
| 8 | Empire State Realty OP | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Piedmont Realty Trust | 1.21 Bn | 1.21 Bn | 88.14 Mn | 61.15% |
| 10 | Hudson Pacific Properties | 927.61 Mn | 927.61 Mn | 112.03 Mn | 61.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 82.56% |
| Dec 31, 2025 | 86.79% |
| Sep 30, 2025 | 82.65% |
| Jun 30, 2025 | 62.37% |
| Mar 31, 2025 | 79.35% |
| Dec 31, 2024 | 62.85% |
| Sep 30, 2024 | 60.33% |
| Jun 30, 2024 | 82.59% |
| Mar 31, 2024 | 82.66% |
| Dec 31, 2023 | 110.25% |
| Sep 30, 2023 | 51.53% |
| Jun 30, 2023 | 54.54% |
| Mar 31, 2023 | 55.88% |
| Dec 31, 2022 | 171.03% |
| Sep 30, 2022 | 59.66% |
| Jun 30, 2022 | 60.53% |
| Mar 31, 2022 | 62.12% |
| Dec 31, 2021 | 61.60% |
| Sep 30, 2021 | 63.14% |
| Jun 30, 2021 | 62.16% |