Piedmont Realty Trust (PDM) Cost of Revenue (2018 - 2026)
Piedmont Realty Trust (PDM) reported Cost of Revenue of $57.3 million for Q1 2026, down 1.05% on a YoY basis from $57.9 million in Q1 2025, and down 1.97% quarter-over-quarter from $58.5 million in Q4 2025.
Piedmont Realty Trust (PDM) Cost of Revenue (2018 - 2026) Analysis & Trends
Piedmont Realty Trust has reported Cost of Revenue for 9 years, with the latest figure at $57.3 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 1.05% year-over-year to $57.3 million; the trailing twelve-month figure through Mar 2026 stood at $227.3 million (down 2.29% YoY), and the FY2025 full-year result was $227.9 million, down 2.67% from the prior year.
- Cost of Revenue for Q1 2026 stood at $57.3 million, down from $58.5 million in the prior quarter.
- The five-year high for Cost of Revenue was $59.8 million in Q3 2023, with the low at $53.6 million in Q1 2022.
- Historically, Cost of Revenue has averaged $57.7 million across 5 years, with a median of $58.4 million in 2023.
- Annual changes were most pronounced in 2022 — Cost of Revenue increased 14.05% — and 2025, when it fell 5.05%.
- Piedmont Realty Trust's Cost of Revenue stood at $59.8 million in 2022, then dropped by 1.13% to $59.1 million in 2023, then fell by 0.81% to $58.6 million in 2024, then slipped by 0.25% to $58.5 million in 2025, then fell by 1.97% to $57.3 million in 2026.
- The last three Cost of Revenue figures came in at $57.3 million (Q1 2026), $58.5 million (Q4 2025), and $55.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 8.94 Bn | 8.94 Bn | - | - |
| 2 | Cousins Properties | 4.83 Bn | 4.85 Bn | 180.52 Mn | 82.59 Mn |
| 3 | Kilroy Realty | 4.55 Bn | 4.56 Bn | -59.85 Mn | 64.67 Mn |
| 4 | Copt Defense Properties | 3.86 Bn | 3.92 Bn | 195.09 Mn | 5.55 Mn |
| 5 | Sl Green Realty | 3.86 Bn | 3.98 Bn | 252.80 Mn | 284,000.00 |
| 6 | Highwoods Properties | 3.27 Bn | 3.30 Bn | - | - |
| 7 | Douglas Emmett | 2.08 Bn | 3.26 Bn | 176.48 Mn | 74.48 Mn |
| 8 | Empire State Realty OP | 1.50 Bn | 1.50 Bn | - | - |
| 9 | Piedmont Realty Trust | 1.14 Bn | 1.14 Bn | 85.99 Mn | 57.31 Mn |
| 10 | Easterly Government Properties | 1.11 Bn | 1.15 Bn | 71.01 Mn | 20.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 57.31 Mn |
| Mar 31, 2026 | 57.31 Mn |
| Dec 31, 2025 | 58.46 Mn |
| Dec 31, 2025 | 58.46 Mn |
| Sep 30, 2025 | 55.89 Mn |
| Sep 30, 2025 | 55.89 Mn |
| Jun 30, 2025 | 55.61 Mn |
| Jun 30, 2025 | 55.61 Mn |
| Mar 31, 2025 | 57.91 Mn |
| Mar 31, 2025 | 57.91 Mn |
| Dec 31, 2024 | 58.61 Mn |
| Dec 31, 2024 | 58.61 Mn |
| Sep 30, 2024 | 57.51 Mn |
| Sep 30, 2024 | 57.51 Mn |
| Jun 30, 2024 | 58.57 Mn |
| Jun 30, 2024 | 58.57 Mn |
| Mar 31, 2024 | 59.44 Mn |
| Mar 31, 2024 | 59.44 Mn |
| Dec 31, 2023 | 59.09 Mn |
| Dec 31, 2023 | 59.09 Mn |