Hudson Pacific Properties (HPP) Operating Leases (2010 - 2026)
Hudson Pacific Properties (HPP) posted Operating Leases of $16.8 million for Q1 2026, down 95.12% sequentially from $343.9 million in Q4 2025, and down 95.46% YoY from $369.5 million in Q1 2025.
Hudson Pacific Properties (HPP) Operating Leases (2010 - 2026) Analysis & Trends
Hudson Pacific Properties has reported Operating Leases for 17 years, with the latest figure at $16.8 million in Q1 2026.
- Quarterly Operating Leases fell 95.46% year-over-year to $16.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $16.8 million (down 95.46% YoY) and the FY2025 annual result came in at $343.9 million, down 9.5% from the prior year.
- Operating Leases eased to $16.8 million in Q1 2026 per HPP's latest filing, from $343.9 million in the prior quarter.
- Over five years, Operating Leases peaked at $399.8 million in Q4 2022 and troughed at $6.9 million in Q2 2022.
- A 5-year average of $210.5 million and a median of $343.9 million in 2025 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2023 and 2026: Operating Leases jumped 5627.54% in 2023, then plunged 95.46% in 2026.
- Over 5 years, Operating Leases stood at $399.8 million in 2022, then plunged by 93.06% to $27.8 million in 2023, then soared by 1269.33% to $380.0 million in 2024, then declined by 9.5% to $343.9 million in 2025, then slumped by 95.12% to $16.8 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $16.8 million, $343.9 million, and $350.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.19 Bn | 8.08 Bn | - |
| 2 | Cousins Properties | 4.83 Bn | 4.82 Bn | 183.86 Mn |
| 3 | Kilroy Realty | 4.23 Bn | 4.23 Bn | 212.24 Mn |
| 4 | Copt Defense Properties | 4.21 Bn | 4.21 Bn | 191.37 Mn |
| 5 | Sl Green Realty | 4.09 Bn | 4.09 Bn | 263.98 Mn |
| 6 | Highwoods Properties | 3.46 Bn | 3.12 Bn | - |
| 7 | Douglas Emmett | 1.97 Bn | 1.62 Bn | 178.95 Mn |
| 8 | Empire State Realty OP | 1.26 Bn | 1.26 Bn | - |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn |
| 10 | Hudson Pacific Properties | 941.15 Mn | 941.15 Mn | 112.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.77 Mn |
| Dec 31, 2025 | 343.89 Mn |
| Sep 30, 2025 | 350.70 Mn |
| Jun 30, 2025 | 19.79 Mn |
| Mar 31, 2025 | 369.50 Mn |
| Dec 31, 2024 | 380.00 Mn |
| Sep 30, 2024 | 23.55 Mn |
| Jun 30, 2024 | 25.00 Mn |
| Mar 31, 2024 | 383.99 Mn |
| Dec 31, 2023 | 27.75 Mn |
| Sep 30, 2023 | 393.80 Mn |
| Jun 30, 2023 | 395.20 Mn |
| Mar 31, 2023 | 399.08 Mn |
| Dec 31, 2022 | 399.80 Mn |
| Sep 30, 2022 | 35.76 Mn |
| Jun 30, 2022 | 6.90 Mn |
| Mar 31, 2022 | 7.30 Mn |
| Dec 31, 2021 | 293.60 Mn |
| Sep 30, 2021 | 7.50 Mn |
| Jun 30, 2021 | 6.10 Mn |