Piedmont Realty Trust (PDM) Operating Income (2010 - 2026)

Piedmont Realty Trust (PDM) reported Operating Income of -$38.5 million for Q1 2026, down 4.05% on a YoY basis from -$40.1 million in Q1 2025, and up 2.62% quarter-over-quarter from -$39.6 million in Q4 2025.

Piedmont Realty Trust (PDM) Operating Income (2010 - 2026) Analysis & Trends

Piedmont Realty Trust has reported Operating Income for 17 years, with the latest figure at -$38.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 4.05% year-over-year to -$38.5 million; the trailing twelve-month figure through Mar 2026 stood at -$149.9 million (up 13.51% YoY), and the FY2025 full-year result was -$148.4 million, up 23.38% from the prior year.
  • Operating Income for Q1 2026 stood at -$38.5 million, up from -$39.6 million in the prior quarter.
  • The five-year high for Operating Income was -$31.8 million in Q2 2022, with the low at -$64.9 million in Q4 2022.
  • Historically, Operating Income has averaged -$43.3 million across 5 years, with a median of -$38.8 million in 2023.
  • Annual changes were most pronounced in 2024 — Operating Income sank 48.15% — and 2025, when it soared 35.49%.
  • Piedmont Realty Trust's Operating Income stood at -$64.9 million in 2022, then grew by 6.38% to -$60.8 million in 2023, then advanced by 3.57% to -$58.6 million in 2024, then jumped by 32.51% to -$39.6 million in 2025, then climbed by 2.62% to -$38.5 million in 2026.
  • The last three Operating Income figures came in at -$38.5 million (Q1 2026), -$39.6 million (Q4 2025), and -$37.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Alexandria Real Estate Equities 9.03 Bn 9.03 Bn - -
2 Cousins Properties 4.85 Bn 4.87 Bn 180.52 Mn -104.57 Mn
3 Kilroy Realty 4.57 Bn 4.57 Bn -59.85 Mn -268.77 Mn
4 Sl Green Realty 3.90 Bn 4.01 Bn 252.80 Mn 191.34 Mn
5 Copt Defense Properties 3.85 Bn 3.90 Bn 195.09 Mn 52.76 Mn
6 Highwoods Properties 3.25 Bn 3.27 Bn - -
7 Douglas Emmett 2.11 Bn 3.29 Bn 176.48 Mn -25.54 Mn
8 Empire State Realty OP 1.49 Bn 1.49 Bn - 29.46 Mn
9 Piedmont Realty Trust 1.15 Bn 1.15 Bn 85.99 Mn -38.52 Mn
10 Easterly Government Properties 1.12 Bn 1.17 Bn 71.01 Mn -620,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 -38.52 Mn
Dec 31, 2025 -39.55 Mn
Sep 30, 2025 -37.54 Mn
Jun 30, 2025 -34.32 Mn
Mar 31, 2025 -37.02 Mn
Dec 31, 2024 -58.60 Mn
Sep 30, 2024 -38.60 Mn
Jun 30, 2024 -39.13 Mn
Mar 31, 2024 -57.38 Mn
Dec 31, 2023 -60.77 Mn
Sep 30, 2023 -49.02 Mn
Jun 30, 2023 -38.75 Mn
Mar 31, 2023 -38.73 Mn
Dec 31, 2022 -64.92 Mn
Sep 30, 2022 -38.80 Mn
Jun 30, 2022 -31.84 Mn
Mar 31, 2022 -32.46 Mn
Dec 31, 2021 -76.80 Mn
Sep 30, 2021 -30.35 Mn
Jun 30, 2021 -32.00 Mn