HPP FY 2023 Earnings — Hudson Pacific Properties, Inc. Revenue & Financial Results | Market Cap Arena

HPPHudson Pacific Properties, Inc.

$360M

FY 2023 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$952M-7.2% YoY

Gross Profit

$502M52.7% margin

Operating Income

$29M3.0% margin

Net Income

-$174M-18.3% margin

EPS (Diluted)

$-9.52

Cash Flow

Operating Cash Flow

$232M

Free Cash Flow

$227M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$8.3B

Total Liabilities

$4.7B

Stockholders' Equity

$3.1B

Cash & Equivalents

$100M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$952M	$1.0B	-7.2%
Gross Profit	$502M	$612M	-18.1%
Operating Income	$29M	$160M	-81.8%
Net Income	-$174M	-$35M	-397.2%