Quarterly ResultJul 28, 2026, 04:08 PM
Highwoods Properties Q2 Net Income $93.47M, EPS $0.85
AI Summary
Highwoods Properties reported a significant increase in net income available for common stockholders to $93.47 million, or $0.85 per basic share, for Q2 2026, up from $18.27 million, or $0.17 per basic share, in Q2 2025. This substantial growth was primarily driven by $79.02 million in gains on disposition of property. Rental and other revenues also saw an increase to $216.38 million. The company combines its quarterly reports with Highwoods Realty Limited Partnership for efficiency and investor clarity.
Key Highlights
- Net income available for common stockholders was $93.47 million for Q2 2026, up from $18.27 million in Q2 2025.
- Basic earnings per common share increased to $0.85 for Q2 2026, compared to $0.17 in Q2 2025.
- Rental and other revenues rose to $216.38 million in Q2 2026, from $200.60 million in Q2 2025.
- Gains on disposition of property totaled $79.02 million for Q2 2026, compared to zero in Q2 2025.
- Net cash provided by operating activities for the six months ended June 30, 2026, was $188.08 million.
- Total Assets stood at $6.47 billion as of June 30, 2026, up from $6.27 billion at year-end 2025.
- Total Liabilities were $3.82 billion as of June 30, 2026, a slight decrease from $3.84 billion at year-end 2025.
- The company had 110,306,211 shares of Common Stock outstanding as of July 21, 2026.
Price Impact
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