HPP Q4 2022 Earnings — Hudson Pacific Properties, Inc. Revenue & Financial Results | Market Cap Arena

HPPHudson Pacific Properties, Inc.

$360M

Q4 2022 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$270M+12.2% YoY

Gross Profit

$152M56.3% margin

Operating Income

$38M14.1% margin

Net Income

-$6M-2.4% margin

EPS (Diluted)

$-0.63

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$41M

Free Cash Flow

$34M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$9.3B

Total Liabilities

$5.4B

Stockholders' Equity

$3.3B

Cash & Equivalents

$256M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$270M	$241M	+12.2%
Gross Profit	$152M	$153M	-0.4%
Operating Income	$38M	$135M	-71.7%
Net Income	-$6M	$11M	-160.3%

Revenue Segments

Office Segment

$212M78%

Studio Segment

$58M22%