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
DateValue
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