Piedmont Realty Trust (PDM) Cost of Revenue (2018 - 2026)
Piedmont Realty Trust's (PDM) quarterly Cost of Revenue came in at $56.0 million in Q2 2026, up 0.68% YoY from $55.6 million in Q2 2025, and down 2.3% on a QoQ basis from $57.3 million in Q1 2026.
Piedmont Realty Trust (PDM) Cost of Revenue (2018 - 2026) Analysis & Trends
Piedmont Realty Trust (PDM) has 9 years of Cost of Revenue data on file, last reported at $56.0 million in Q2 2026.
- Quarterly Cost of Revenue rose 0.68% year-over-year to $56.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $227.6 million (down 0.87% YoY) and the FY2025 annual result came in at $227.9 million, down 2.67% from the prior year.
- Cost of Revenue slipped to $56.0 million in Q2 2026, from $57.3 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $59.8 million in Q3 2023 to a low of $53.6 million in Q1 2022.
- A 5-year average of $57.6 million and a median of $58.1 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue increased 14.05% — and 2025, when it fell 5.05%.
- Tracing PDM's Cost of Revenue over 5 years: 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 retreated by 4.23% to $56.0 million in 2026.
- The last three Cost of Revenue figures came in at $56.0 million (Q2 2026), $57.3 million (Q1 2026), and $58.5 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.12 Bn | 8.01 Bn | - | - |
| 2 | Cousins Properties | 4.87 Bn | 4.87 Bn | 183.86 Mn | 84.67 Mn |
| 3 | Kilroy Realty | 4.25 Bn | 4.25 Bn | 212.24 Mn | 60.13 Mn |
| 4 | Copt Defense Properties | 4.20 Bn | 4.20 Bn | 191.37 Mn | 6.02 Mn |
| 5 | Sl Green Realty | 4.07 Bn | 4.07 Bn | 263.98 Mn | 17,000.00 |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.98 Bn | 1.62 Bn | 178.95 Mn | 77.60 Mn |
| 8 | Empire State Realty OP | 1.26 Bn | 1.26 Bn | - | - |
| 9 | Piedmont Realty Trust | 1.21 Bn | 1.21 Bn | 88.14 Mn | 55.99 Mn |
| 10 | Easterly Government Properties | 1.14 Bn | 1.14 Bn | 72.41 Mn | 20.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 55.99 Mn |
| Jun 30, 2026 | 55.99 Mn |
| 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 |