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