HPP Q1 2022 Earnings — Hudson Pacific Properties, Inc. Revenue & Financial Results | Market Cap Arena

HPPHudson Pacific Properties, Inc.

$360M

Q1 2022 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$245M+14.4% YoY

Gross Profit

$151M61.7% margin

Operating Income

$38M15.6% margin

Net Income

-$14M-5.7% margin

EPS (Diluted)

$-0.91

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$95M

Free Cash Flow

$92M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$9.0B

Total Liabilities

$4.9B

Stockholders' Equity

$3.5B

Cash & Equivalents

$138M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$245M	$214M	+14.4%
Gross Profit	$151M	$136M	+11.1%
Operating Income	$38M	$117M	-67.5%
Net Income	-$14M	$5M	-359.7%

Revenue Segments

Office Segment

$211M86%

Studio Segment

$33M14%