HPP Q1 2021 Earnings — Hudson Pacific Properties, Inc. Revenue & Financial Results | Market Cap Arena

HPPHudson Pacific Properties, Inc.

$360M

Q1 2021 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$214M+3.8% YoY

Gross Profit

$136M63.5% margin

Operating Income

$117M54.9% margin

Net Income

$5M2.5% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$115M

Free Cash Flow

$115M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$8.4B

Total Liabilities

$4.3B

Stockholders' Equity

$3.4B

Cash & Equivalents

$134M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$214M	$206M	+3.8%
Gross Profit	$136M	$131M	+3.3%
Operating Income	$117M	$113M	+4.0%
Net Income	$5M	$11M	-50.6%

Revenue Segments

Office Segment

$192M90%

Studio Segment

$21M10%