Hudson Pacific Properties (HPP) Gross Margin (2010 - 2025)
Hudson Pacific Properties' (HPP) quarterly Gross Margin came in at 69.22% in Q4 2025, up 6235.0% year-on-year from 1.09% in Q4 2024, and down 16.24% quarter-over-quarter from 82.65% in Q3 2025.
Hudson Pacific Properties (HPP) Gross Margin (2010 - 2025) Analysis & Trends
Hudson Pacific Properties has disclosed Gross Margin across 16 years of filings, most recently posting 69.22% for Q4 2025.
- Gross Margin for Q4 2025 came in at 69.22%, up 6235.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 73.89% (up 1932.0% YoY), and the FY2025 annual result was 65.83%, up 212.0% from the prior year.
- Gross Margin came in at 69.22% for Q4 2025 at Hudson Pacific Properties, down from 82.65% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 116.49% in Q4 2023 to a low of 6.88% in Q4 2024.
- The 5-year median for Gross Margin is 62.65% (2021), against an average of 66.08%.
- Across the five-year window, Gross Margin plunged 10962 bps in 2024 and surged 6235 bps in 2025, its largest moves.
- Hudson Pacific Properties' Gross Margin stood at 61.6% in 2021, then jumped by 55 bps to 95.64% in 2022, then increased by 22 bps to 116.49% in 2023, then sank by 94 bps to 6.88% in 2024, then surged by 907 bps to 69.22% in 2025.
- The last three Gross Margin figures came in at 69.22% (Q4 2025), 82.65% (Q3 2025), and 80.76% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.03 Bn | 9.03 Bn | - | - |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn | 68.61% |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn | -1,240.65% |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn | 99.89% |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn | 97.23% |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - | - |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn | 70.32% |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - | - |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn | 60.01% |
| 10 | Hudson Pacific Properties | 694.81 Mn | 559.25 Mn | 177.23 Mn | 69.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 69.22% |
| Sep 30, 2025 | 82.65% |
| Jun 30, 2025 | 80.76% |
| Mar 31, 2025 | 65.11% |
| Dec 31, 2024 | 6.88% |
| Sep 30, 2024 | 60.33% |
| Jun 30, 2024 | 82.59% |
| Mar 31, 2024 | 67.37% |
| Dec 31, 2023 | 116.49% |
| Sep 30, 2023 | 51.53% |
| Jun 30, 2023 | 54.54% |
| Mar 31, 2023 | 55.88% |
| Dec 31, 2022 | 95.64% |
| 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% |
| Mar 31, 2021 | 63.39% |