Quarterly ResultMay 8, 2026, 03:46 PM
Hudson Pacific Q1 Net Loss Narrows to $53.1M; EPS $(0.82)
AI Summary
Hudson Pacific Properties reported a net loss attributable to common stockholders of $53.1 million, or $(0.82) per share, for Q1 2026, an improvement from a $74.7 million loss, or $(3.70) per share, in Q1 2025. Total revenues decreased to $181.9 million from $198.5 million year-over-year. The company also saw an increase in net cash provided by operating activities to $44.3 million. These results reflect the impact of a one-for-seven reverse stock split effected in December 2025.
Key Highlights
- Net loss attributable to common stockholders narrowed to $(53.1) million.
- Basic and diluted net loss per share improved to $(0.82).
- Total revenues decreased to $181.9 million from $198.5 million YoY.
- Office rental revenues were $145.2 million, down from $158.4 million.
- Studio rental revenues slightly increased to $13.8 million.
- Net cash provided by operating activities rose to $44.3 million.
- A one-for-seven reverse stock split was effective December 1, 2025.
Price Impact
More from HPP