Hudson Pacific Properties Inc
NYSE:HPP
Income Statement
Earnings Waterfall
Hudson Pacific Properties Inc
Revenue
|
952.3m
USD
|
Cost of Revenue
|
-450.5m
USD
|
Gross Profit
|
501.8m
USD
|
Operating Expenses
|
-472.8m
USD
|
Operating Income
|
29m
USD
|
Other Expenses
|
-221.2m
USD
|
Net Income
|
-192.2m
USD
|
Income Statement
Hudson Pacific Properties Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
206
N/A
|
214
+4%
|
228
+7%
|
243
+7%
|
253
+4%
|
261
+3%
|
350
+34%
|
434
+24%
|
521
+20%
|
612
+17%
|
614
+0%
|
627
+2%
|
640
+2%
|
654
+2%
|
681
+4%
|
706
+4%
|
728
+3%
|
734
+1%
|
729
-1%
|
719
-1%
|
728
+1%
|
752
+3%
|
773
+3%
|
801
+4%
|
818
+2%
|
827
+1%
|
829
+0%
|
817
-1%
|
805
-1%
|
812
+1%
|
829
+2%
|
860
+4%
|
897
+4%
|
928
+4%
|
964
+4%
|
997
+3%
|
1 026
+3%
|
1 034
+1%
|
1 028
-1%
|
999
-3%
|
952
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(88)
|
(91)
|
(95)
|
(103)
|
(104)
|
(106)
|
(133)
|
(159)
|
(190)
|
(220)
|
(224)
|
(227)
|
(229)
|
(230)
|
(237)
|
(247)
|
(254)
|
(261)
|
(261)
|
(259)
|
(268)
|
(277)
|
(285)
|
(295)
|
(302)
|
(304)
|
(306)
|
(303)
|
(300)
|
(303)
|
(312)
|
(321)
|
(336)
|
(350)
|
(368)
|
(389)
|
(414)
|
(432)
|
(445)
|
(452)
|
(450)
|
|
Gross Profit |
118
N/A
|
123
+4%
|
134
+9%
|
140
+5%
|
149
+6%
|
155
+4%
|
218
+40%
|
275
+26%
|
331
+21%
|
391
+18%
|
390
0%
|
400
+3%
|
411
+3%
|
424
+3%
|
443
+5%
|
459
+4%
|
475
+3%
|
473
0%
|
467
-1%
|
460
-2%
|
461
+0%
|
475
+3%
|
489
+3%
|
505
+3%
|
517
+2%
|
523
+1%
|
523
0%
|
514
-2%
|
505
-2%
|
509
+1%
|
517
+2%
|
539
+4%
|
561
+4%
|
578
+3%
|
596
+3%
|
608
+2%
|
612
+1%
|
602
-2%
|
583
-3%
|
547
-6%
|
502
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(90)
|
(89)
|
(94)
|
(93)
|
(100)
|
(104)
|
(164)
|
(229)
|
(284)
|
(338)
|
(333)
|
(324)
|
(322)
|
(325)
|
(336)
|
(340)
|
(338)
|
(330)
|
(317)
|
(309)
|
(312)
|
(323)
|
(334)
|
(345)
|
(354)
|
(360)
|
(363)
|
(368)
|
(378)
|
(389)
|
(399)
|
(411)
|
(415)
|
(427)
|
(439)
|
(445)
|
(453)
|
(456)
|
(461)
|
(464)
|
(473)
|
|
Selling, General & Administrative |
(20)
|
(21)
|
(22)
|
(24)
|
(28)
|
(32)
|
(36)
|
(38)
|
(39)
|
(42)
|
(45)
|
(48)
|
(52)
|
(54)
|
(55)
|
(55)
|
(55)
|
(56)
|
(58)
|
(59)
|
(61)
|
(64)
|
(66)
|
(69)
|
(72)
|
(72)
|
(72)
|
(72)
|
(78)
|
(78)
|
(77)
|
(78)
|
(71)
|
(73)
|
(78)
|
(80)
|
(80)
|
(78)
|
(75)
|
(72)
|
(75)
|
|
Depreciation & Amortization |
(70)
|
(68)
|
(72)
|
(69)
|
(72)
|
(73)
|
(128)
|
(191)
|
(245)
|
(296)
|
(289)
|
(276)
|
(269)
|
(272)
|
(281)
|
(285)
|
(284)
|
(273)
|
(259)
|
(250)
|
(251)
|
(259)
|
(268)
|
(275)
|
(282)
|
(287)
|
(291)
|
(297)
|
(300)
|
(309)
|
(320)
|
(333)
|
(344)
|
(353)
|
(360)
|
(365)
|
(373)
|
(378)
|
(386)
|
(391)
|
(398)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
28
N/A
|
34
+22%
|
40
+17%
|
47
+19%
|
49
+3%
|
51
+4%
|
54
+6%
|
45
-16%
|
47
+5%
|
53
+12%
|
57
+7%
|
76
+34%
|
89
+17%
|
99
+11%
|
107
+8%
|
120
+12%
|
137
+14%
|
143
+5%
|
151
+5%
|
151
+0%
|
149
-2%
|
153
+3%
|
155
+2%
|
161
+4%
|
163
+1%
|
163
+0%
|
159
-2%
|
146
-9%
|
128
-12%
|
120
-6%
|
118
-2%
|
129
+9%
|
146
+14%
|
151
+4%
|
158
+4%
|
163
+4%
|
160
-2%
|
146
-9%
|
123
-16%
|
83
-32%
|
29
-65%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(25)
|
(26)
|
(27)
|
(26)
|
(26)
|
(25)
|
(32)
|
(40)
|
(51)
|
(65)
|
(68)
|
(73)
|
(77)
|
(80)
|
(84)
|
(87)
|
(90)
|
(89)
|
(85)
|
(82)
|
(81)
|
(83)
|
(91)
|
(97)
|
(103)
|
(105)
|
(108)
|
(114)
|
(112)
|
(108)
|
(104)
|
(101)
|
(100)
|
(105)
|
(113)
|
(123)
|
(148)
|
(173)
|
(197)
|
(214)
|
(219)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(52)
|
(52)
|
(52)
|
(52)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
(12)
|
(9)
|
(30)
|
(33)
|
(29)
|
(29)
|
(8)
|
5
|
10
|
(84)
|
|
Gain/Loss on Disposition of Assets |
(2)
|
(2)
|
(1)
|
5
|
1
|
18
|
(21)
|
(17)
|
(13)
|
(23)
|
17
|
8
|
30
|
41
|
39
|
38
|
45
|
66
|
68
|
72
|
43
|
5
|
3
|
46
|
46
|
47
|
46
|
(1)
|
(0)
|
(0)
|
(1)
|
(7)
|
(9)
|
(9)
|
(9)
|
(12)
|
(17)
|
(10)
|
(7)
|
19
|
104
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
1
|
2
|
2
|
3
|
4
|
3
|
3
|
2
|
1
|
1
|
0
|
0
|
(0)
|
2
|
3
|
4
|
5
|
3
|
3
|
1
|
1
|
1
|
2
|
5
|
7
|
17
|
23
|
23
|
20
|
6
|
|
Pre-Tax Income |
1
N/A
|
6
+357%
|
12
+88%
|
26
+118%
|
24
-9%
|
44
+84%
|
1
-98%
|
(12)
N/A
|
(16)
-30%
|
(35)
-115%
|
6
N/A
|
13
+127%
|
44
+250%
|
62
+41%
|
65
+5%
|
74
+14%
|
95
+27%
|
123
+30%
|
136
+10%
|
142
+4%
|
112
-21%
|
22
-80%
|
16
-31%
|
58
+275%
|
56
-4%
|
107
+91%
|
101
-5%
|
37
-64%
|
16
-55%
|
14
-16%
|
14
N/A
|
9
-35%
|
29
+222%
|
10
-66%
|
7
-35%
|
6
-9%
|
(17)
N/A
|
(24)
-44%
|
(53)
-121%
|
(82)
-56%
|
(164)
-100%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(6)
|
(7)
|
|
Income from Continuing Operations |
1
|
6
|
12
|
26
|
24
|
44
|
1
|
(12)
|
(16)
|
(35)
|
6
|
13
|
44
|
62
|
65
|
74
|
95
|
123
|
136
|
142
|
112
|
22
|
16
|
58
|
56
|
107
|
101
|
37
|
16
|
14
|
14
|
9
|
29
|
10
|
7
|
6
|
(17)
|
(24)
|
(59)
|
(88)
|
(171)
|
|
Income to Minority Interest |
0
|
0
|
0
|
(0)
|
(0)
|
(2)
|
(4)
|
(5)
|
(4)
|
(4)
|
(5)
|
(6)
|
(9)
|
(10)
|
(11)
|
(11)
|
(25)
|
(25)
|
(26)
|
(25)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(14)
|
(17)
|
(19)
|
(18)
|
(19)
|
(20)
|
(21)
|
(23)
|
(19)
|
(12)
|
(6)
|
2
|
(3)
|
|
Net Income (Common) |
(15)
N/A
|
(11)
+28%
|
(1)
+90%
|
12
N/A
|
10
-18%
|
28
+179%
|
(1)
N/A
|
(12)
-1 438%
|
(16)
-33%
|
(33)
-104%
|
(7)
+78%
|
(2)
+78%
|
27
N/A
|
45
+67%
|
48
+6%
|
58
+19%
|
68
+18%
|
96
+42%
|
108
+13%
|
115
+6%
|
98
-14%
|
10
-90%
|
4
-57%
|
46
+963%
|
43
-7%
|
93
+118%
|
86
-7%
|
22
-75%
|
0
-98%
|
(5)
N/A
|
(7)
-22%
|
(11)
-59%
|
6
N/A
|
(19)
N/A
|
(28)
-52%
|
(36)
-28%
|
(57)
-55%
|
(57)
-1%
|
(86)
-50%
|
(106)
-24%
|
(192)
-81%
|
|
EPS (Diluted) |
-0.26
N/A
|
-0.16
+38%
|
-0.03
+81%
|
0.19
N/A
|
0.15
-21%
|
0.36
+140%
|
0
N/A
|
-0.14
N/A
|
-0.19
-36%
|
-0.37
-95%
|
-0.07
+81%
|
-0.01
+86%
|
0.25
N/A
|
0.3
+20%
|
0.3
N/A
|
0.36
+20%
|
0.44
+22%
|
0.61
+39%
|
0.69
+13%
|
0.73
+6%
|
0.63
-14%
|
0.05
-92%
|
0.02
-60%
|
0.29
+1 350%
|
0.27
-7%
|
0.6
+122%
|
0.55
-8%
|
0.13
-76%
|
0
N/A
|
-0.05
N/A
|
-0.05
N/A
|
-0.07
-40%
|
0.04
N/A
|
-0.12
N/A
|
-0.19
-58%
|
-0.25
-32%
|
-0.39
-56%
|
-0.4
-3%
|
-0.61
-53%
|
-0.76
-25%
|
-1.36
-79%
|