Hudson Pacific Properties, Inc.
HPPFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
842
Cost of Revenue
454
Gross Profit
388
Gross Margin
46.1%
Operating Income
-46
Operating Margin
-5.4%
Net Income
-343
Net Margin
-40.8%
EPS (Basic)
$-18.06
EPS (Diluted)
$-18.06
EBITDA
152
EBITDA Margin
18.1%
2023
12/31/2023
Revenue
952
Cost of Revenue
450
Gross Profit
502
Gross Margin
52.7%
Operating Income
29
Operating Margin
3.0%
Net Income
-174
Net Margin
-18.3%
EPS (Basic)
$-9.52
EPS (Diluted)
$-9.52
EBITDA
448
EBITDA Margin
47.1%
2022
12/31/2022
Revenue
1,026
Cost of Revenue
414
Gross Profit
612
Gross Margin
59.7%
Operating Income
160
Operating Margin
15.6%
Net Income
-35
Net Margin
-3.4%
EPS (Basic)
$-2.73
EPS (Diluted)
$-2.73
EBITDA
507
EBITDA Margin
49.4%
2021
12/31/2021
Revenue
897
Cost of Revenue
336
Gross Profit
561
Gross Margin
62.6%
Operating Income
146
Operating Margin
16.3%
Net Income
10
Net Margin
1.1%
EPS (Basic)
$0.28
EPS (Diluted)
$0.28
EBITDA
495
EBITDA Margin
55.1%
2020
12/31/2020
Revenue
806
Cost of Revenue
300
Gross Profit
505
Gross Margin
62.7%
Operating Income
428
Operating Margin
53.1%
Net Income
2
Net Margin
0.3%
EPS (Basic)
$0.02
EPS (Diluted)
$0.02
EBITDA
379
EBITDA Margin
47.0%