Hudson Pacific Properties (HPP) Operating Leases (2010 - 2025)

Hudson Pacific Properties' (HPP) quarterly Operating Leases came in at $343.9 million in Q4 2025, down 9.5% year-on-year from $380.0 million in Q4 2024, and down 1.95% quarter-over-quarter from $350.7 million in Q3 2025.

Hudson Pacific Properties (HPP) Operating Leases (2010 - 2025) Analysis & Trends

Hudson Pacific Properties has disclosed Operating Leases across 16 years of filings, most recently posting $343.9 million for Q4 2025.

  • Operating Leases for Q4 2025 came in at $343.9 million, down 9.5% year-over-year; the trailing twelve-month figure through Dec 2025 was $343.9 million (down 9.5% YoY), and the FY2025 annual result was $343.9 million, down 9.5% from the prior year.
  • Operating Leases came in at $343.9 million for Q4 2025 at Hudson Pacific Properties, down from $350.7 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $399.1 million in Q1 2023 to a low of $6.1 million in Q2 2021.
  • The 5-year median for Operating Leases is $34.9 million (2022), against an average of $169.6 million.
  • Across the five-year window, Operating Leases sank 97.75% in 2021 and surged 5366.86% in 2023, its largest moves.
  • Hudson Pacific Properties' Operating Leases stood at $293.6 million in 2021, then sank by 88.39% to $34.1 million in 2022, then dropped by 18.6% to $27.8 million in 2023, then jumped by 1269.33% to $380.0 million in 2024, then slipped by 9.5% to $343.9 million in 2025.
  • The last three Operating Leases figures came in at $343.9 million (Q4 2025), $350.7 million (Q3 2025), and $19.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alexandria Real Estate Equities 9.03 Bn 9.03 Bn -
2 Cousins Properties 4.85 Bn 4.87 Bn 180.52 Mn
3 Kilroy Realty 4.57 Bn 4.57 Bn -59.85 Mn
4 Sl Green Realty 3.90 Bn 4.01 Bn 252.80 Mn
5 Copt Defense Properties 3.85 Bn 3.90 Bn 195.09 Mn
6 Highwoods Properties 3.25 Bn 3.27 Bn -
7 Douglas Emmett 2.11 Bn 3.29 Bn 176.48 Mn
8 Empire State Realty OP 1.49 Bn 1.49 Bn -
9 Piedmont Realty Trust 1.15 Bn 1.15 Bn 85.99 Mn
10 Hudson Pacific Properties 694.81 Mn 559.25 Mn 177.23 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 343.89 Mn
Sep 30, 2025 350.74 Mn
Jun 30, 2025 19.79 Mn
Mar 31, 2025 20.81 Mn
Dec 31, 2024 380.00 Mn
Sep 30, 2024 366.60 Mn
Jun 30, 2024 378.80 Mn
Mar 31, 2024 384.00 Mn
Dec 31, 2023 27.75 Mn
Sep 30, 2023 29.25 Mn
Jun 30, 2023 30.80 Mn
Mar 31, 2023 399.08 Mn
Dec 31, 2022 34.09 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
Mar 31, 2021 269.19 Mn