Hudson Pacific Properties, Inc. (HPP) Operating Expenses (2010 - 2026)
Hudson Pacific Properties' Operating Expenses came in at $194.83 million for Q1 2026, down 13.3% from $224.83 million a year earlier and down 6.6% from the prior quarter.
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Analysis
Hudson Pacific Properties, Inc. (HPP) Operating Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Hudson Pacific Properties reported Operating Expenses of $845.66 million, down 5.1% year-over-year; for FY2025, it was $875.66 million, down 1.4% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $887.96 million in FY2024 (-3.8%), $923.27 million in FY2023 (+6.5%), $866.54 million in FY2022 (+15.4%) and $750.81 million in FY2021 (+10.8%).
- The Q1 2026 figure represents the lowest quarterly Operating Expenses since Q3 2021.
- Year-over-year, Operating Expenses has declined for three consecutive quarters, with an average decline of 3.9% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2022 (growth of 16.6%), and the weakest in Q1 2026 (a decline of 13.3%).
- Business Quant data shows HPP's Operating Expenses at $208.5 million (Q4 2025), $211.75 million (Q3 2025) and $230.58 million (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 194.83 Mn |
| Dec 31, 2025 | 208.50 Mn |
| Sep 30, 2025 | 211.75 Mn |
| Jun 30, 2025 | 230.58 Mn |
| Mar 31, 2025 | 224.83 Mn |
| Dec 31, 2024 | 224.52 Mn |
| Sep 30, 2024 | 221.06 Mn |
| Jun 30, 2024 | 220.76 Mn |
| Mar 31, 2024 | 221.62 Mn |
| Dec 31, 2023 | 238.52 Mn |
| Sep 30, 2023 | 228.27 Mn |
| Jun 30, 2023 | 229.32 Mn |
| Mar 31, 2023 | 227.16 Mn |
| Dec 31, 2022 | 230.77 Mn |
| Sep 30, 2022 | 217.89 Mn |
| Jun 30, 2022 | 212.55 Mn |
| Mar 31, 2022 | 205.32 Mn |
| Dec 31, 2021 | 197.95 Mn |
| Sep 30, 2021 | 190.77 Mn |
| Jun 30, 2021 | 182.86 Mn |
API Access
Hudson Pacific Properties, Inc. Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=HPP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HPP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HPP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();