Hudson Pacific Properties (HPP) Revenue & Revenue Breakdown
Hudson Pacific Properties Revenue Highlights
Latest Revenue (Y)
$952.30M
Latest Revenue (Q)
$218.00M
Main Segment (Y)
Ancillary Revenue
Hudson Pacific Properties Revenue by Period
Hudson Pacific Properties Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $952.30M | -7.20% |
| 2022-12-31 | $1.03B | 14.43% |
| 2021-12-31 | $896.84M | 11.41% |
| 2020-12-31 | $804.97M | -1.62% |
| 2019-12-31 | $818.18M | 12.32% |
| 2018-12-31 | $728.42M | 0.04% |
| 2017-12-31 | $728.14M | 13.84% |
| 2016-12-31 | $639.64M | 22.81% |
| 2015-12-31 | $520.85M | 105.53% |
| 2014-12-31 | $253.41M | 23.28% |
| 2013-12-31 | $205.56M | 23.71% |
| 2012-12-31 | $166.16M | 16.86% |
| 2011-12-31 | $142.19M | 134.48% |
| 2010-12-31 | $60.64M | 54.16% |
| 2009-12-31 | $39.34M | 10.53% |
| 2008-12-31 | $35.59M | 411.10% |
| 2007-12-31 | $6.96M | - |
Hudson Pacific Properties generated $952.30M in revenue during NA 2023, up -7.20% compared to the previous quarter, and up 130.73% compared to the same period a year ago.
Hudson Pacific Properties Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $218.00M | 2.17% |
| 2024-03-31 | $213.36M | -4.50% |
| 2023-12-31 | $223.42M | -3.47% |
| 2023-09-30 | $231.44M | -5.60% |
| 2023-06-30 | $245.17M | -2.81% |
| 2023-03-31 | $252.26M | -6.54% |
| 2022-12-31 | $269.93M | 3.68% |
| 2022-09-30 | $260.35M | 3.55% |
| 2022-06-30 | $251.43M | 2.83% |
| 2022-03-31 | $244.51M | 1.68% |
| 2021-12-31 | $240.48M | 5.65% |
| 2021-09-30 | $227.63M | 5.58% |
| 2021-06-30 | $215.60M | 1.17% |
| 2021-03-31 | $213.12M | 4.55% |
| 2020-12-31 | $203.84M | 3.85% |
| 2020-09-30 | $196.28M | -1.17% |
| 2020-06-30 | $198.61M | -3.69% |
| 2020-03-31 | $206.23M | -4.90% |
| 2019-12-31 | $216.85M | 4.15% |
| 2019-09-30 | $208.22M | 5.88% |
| 2019-06-30 | $196.66M | -0.37% |
| 2019-03-31 | $197.39M | -0.53% |
| 2018-12-31 | $198.43M | 9.81% |
| 2018-09-30 | $180.70M | 3.16% |
| 2018-06-30 | $175.17M | 0.60% |
| 2018-03-31 | $174.12M | -8.04% |
| 2017-12-31 | $189.33M | -0.36% |
| 2017-09-30 | $190.02M | 5.27% |
| 2017-06-30 | $180.50M | 7.26% |
| 2017-03-31 | $168.28M | 0.65% |
| 2016-12-31 | $167.20M | 1.59% |
| 2016-09-30 | $164.58M | 6.65% |
| 2016-06-30 | $154.32M | 0.51% |
| 2016-03-31 | $153.54M | -0.72% |
| 2015-12-31 | $154.65M | 2.04% |
| 2015-09-30 | $151.56M | -0.17% |
| 2015-06-30 | $151.82M | 141.66% |
| 2015-03-31 | $62.82M | -6.98% |
| 2014-12-31 | $67.53M | -0.91% |
| 2014-09-30 | $68.16M | 9.70% |
| 2014-06-30 | $62.13M | 11.75% |
| 2014-03-31 | $55.60M | -3.17% |
| 2013-12-31 | $57.42M | 7.63% |
| 2013-09-30 | $53.35M | 12.57% |
| 2013-06-30 | $47.39M | -4.03% |
| 2013-03-31 | $49.38M | 9.14% |
| 2012-12-31 | $45.24M | 7.55% |
| 2012-09-30 | $42.07M | 3.57% |
| 2012-06-30 | $40.62M | 6.24% |
| 2012-03-31 | $38.23M | 3.16% |
| 2011-12-31 | $37.06M | 0.39% |
| 2011-09-30 | $36.92M | 10.51% |
| 2011-06-30 | $33.41M | -4.01% |
| 2011-03-31 | $34.80M | 65.03% |
| 2010-12-31 | $21.09M | 20.48% |
| 2010-09-30 | $17.50M | 57.89% |
| 2010-06-30 | $11.09M | 9.32% |
| 2010-03-31 | $10.14M | 7.03% |
| 2009-12-31 | $9.48M | -18.00% |
| 2009-09-30 | $11.56M | 6.72% |
| 2009-06-30 | $10.83M | 9.46% |
| 2009-03-31 | $9.89M | -9.17% |
| 2008-12-31 | $10.89M | - |
Hudson Pacific Properties generated $218.00M in revenue during Q2 2024, up 2.17% compared to the previous quarter, and up 86.42% compared to the same period a year ago.
Hudson Pacific Properties Revenue Breakdown
Hudson Pacific Properties Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Other Revenues | $17.65M | $23.12M | $15.17M | $16.58M | $28.07M |
| Ancillary Revenue | $76.10M | $107.08M | $46.98M | $16.78M | $27.95M |
| Studio Related Tenant Recoveries | $2.18M | $1.95M | $1.96M | $1.56M | $2.26M |
Hudson Pacific Properties's latest annual revenue breakdown by segment (product or service), as of Dec 23: Ancillary Revenue (79.33%), Other Revenues (18.40%), and Studio Related Tenant Recoveries (2.27%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Revenues | $4.35M | $4.01M | $4.30M | $3.82M | $5.52M | $5.99M | $5.92M | $5.28M | $5.93M | $3.92M | $4.28M | $3.92M | $3.04M | $3.96M | $2.83M | $3.84M | $5.96M | $6.67M | $9.69M | - |
| Ancillary Revenue | $24.20M | $14.45M | $13.34M | $21.02M | $27.29M | $38.26M | $29.85M | $20.48M | $18.49M | $20.13M | $12.22M | $7.09M | $7.54M | $6.24M | $3.13M | $1.61M | $5.80M | $8.48M | $7.50M | $3.88M |
| Studio Related Tenant Recoveries | $442.00K | $482.00K | $689.00K | $465.00K | $541.00K | $544.00K | $491.00K | $403.00K | $513.00K | $538.00K | $418.00K | $483.00K | $523.00K | $394.00K | $343.00K | $378.00K | $445.00K | $522.00K | $744.00K | $720.00K |
| Guest Parking Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.27M |
Hudson Pacific Properties's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Ancillary Revenue (83.46%), Other Revenues (15.02%), and Studio Related Tenant Recoveries (1.52%).
Hudson Pacific Properties Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| KRC | Kilroy Realty | $1.13B | $289.94M |
| DEI | Douglas Emmett | $1.02B | $245.78M |
| HPP | Hudson Pacific Properties | $952.30M | $218.00M |
| HIW | Highwoods Properties | $834.00M | $204.32M |
| CUZ | Cousins Properties | $801.50M | $208.72M |
| PDM | Piedmont Office Realty Trust | $678.66M | $5.57M |
| OPI | Office Properties Income Trust | $533.55M | $120.62M |
| BDN | Brandywine Realty Trust | $514.65M | $125.35M |
| CIO | City Office REIT | $179.10M | $42.37M |
HPP Revenue FAQ
What is Hudson Pacific Properties’s yearly revenue?
Hudson Pacific Properties's yearly revenue for 2023 was $952.3M, representing a decrease of -7.20% compared to 2022. The company's yearly revenue for 2022 was $1.03B, representing an increase of 14.43% compared to 2021. HPP's yearly revenue for 2021 was $896.84M, representing an increase of 11.41% compared to 2020.
What is Hudson Pacific Properties’s quarterly revenue?
Hudson Pacific Properties's quarterly revenue for Q2 2024 was $218M, a 2.17% increase from the previous quarter (Q1 2024), and a -11.08% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $213.36M, a -4.50% decrease from the previous quarter (Q4 2023), and a -15.42% decrease year-over-year (Q1 2023). HPP's quarterly revenue for Q4 2023 was $223.42M, a -3.47% decrease from the previous quarter (Q3 2023), and a -17.23% decrease year-over-year (Q4 2022).
What is Hudson Pacific Properties’s revenue growth rate?
Hudson Pacific Properties's revenue growth rate for the last 3 years (2021-2023) was 6.18%, and for the last 5 years (2019-2023) was 16.39%.
What are Hudson Pacific Properties’s revenue streams?
Hudson Pacific Properties's revenue streams in c 23 are Other Revenues, Ancillary Revenue, and Studio Related Tenant Recoveries. Other Revenues generated $17.65M in revenue, accounting 18.40% of the company's total revenue, down -23.65% year-over-year. Ancillary Revenue generated $76.1M in revenue, accounting 79.33% of the company's total revenue, down -28.93% year-over-year. Studio Related Tenant Recoveries generated $2.18M in revenue, accounting 2.27% of the company's total revenue, up 11.58% year-over-year.
What is Hudson Pacific Properties’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Hudson Pacific Properties was Ancillary Revenue. This segment made a revenue of $76.1M, representing 79.33% of the company's total revenue.