HPP Q2 2022 Earnings — Hudson Pacific Properties, Inc. Revenue & Financial Results | Market Cap Arena

HPPHudson Pacific Properties, Inc.

$360M

Q2 2022 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$251M+16.6% YoY

Gross Profit

$61M24.4% margin

Operating Income

$38M15.0% margin

Net Income

-$2M-0.8% margin

EPS (Diluted)

$-0.36

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$95M

Free Cash Flow

$4M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$9.1B

Total Liabilities

$5.1B

Stockholders' Equity

$3.4B

Cash & Equivalents

$267M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$251M	$216M	+16.6%
Gross Profit	$61M	$133M	-53.8%
Operating Income	$38M	$32M	+17.7%
Net Income	-$2M	$2M	-183.6%

Revenue Segments

Office Segment

$216M86%

Studio Segment

$35M14%