HPP Q3 2021 Earnings — Hudson Pacific Properties, Inc. Revenue & Financial Results | Market Cap Arena

HPPHudson Pacific Properties, Inc.

$335M

Q3 2021 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$228M+16.3% YoY

Gross Profit

$138M60.5% margin

Operating Income

$120M52.5% margin

Net Income

-$9M-3.9% margin

EPS (Diluted)

$-0.42

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$113M

Free Cash Flow

$110M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$8.8B

Total Liabilities

$4.8B

Stockholders' Equity

$3.4B

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$228M	$196M	+16.3%
Gross Profit	$138M	$121M	+14.1%
Operating Income	$120M	$103M	+15.7%
Net Income	-$9M	-$5M	-71.4%

Revenue Segments

Office Segment

$202M89%

Studio Segment

$26M11%