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| Date | Value |
|---|---|
| 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 |