​

Hudson Pacific Properties (HPP) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Hudson Pacific Properties Revenue Highlights

Latest Revenue (Y)

$952.30M

Latest Revenue (Q)

$166.94M

Main Segment (Y)

Ancillary Revenue

Hudson Pacific Properties Revenue by Period

Hudson Pacific Properties Revenue by Year

DateRevenueChange
2023-12-31$952.30M-7.20%
2022-12-31$1.03B14.43%
2021-12-31$896.84M11.41%
2020-12-31$804.97M-1.62%
2019-12-31$818.18M12.32%
2018-12-31$728.42M0.04%
2017-12-31$728.14M13.84%
2016-12-31$639.64M22.81%
2015-12-31$520.85M105.53%
2014-12-31$253.41M23.28%
2013-12-31$205.56M23.71%
2012-12-31$166.16M16.86%
2011-12-31$142.19M134.48%
2010-12-31$60.64M54.16%
2009-12-31$39.34M10.53%
2008-12-31$35.59M411.10%
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

DateRevenueChange
2024-09-30$166.94M-23.19%
2024-06-30$217.34M1.86%
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$269.93M3.68%
2022-09-30$260.35M3.55%
2022-06-30$251.43M2.83%
2022-03-31$244.51M1.68%
2021-12-31$240.48M5.65%
2021-09-30$227.63M5.58%
2021-06-30$215.60M1.17%
2021-03-31$213.12M4.55%
2020-12-31$203.84M3.85%
2020-09-30$196.28M-1.17%
2020-06-30$198.61M-3.69%
2020-03-31$206.23M-4.90%
2019-12-31$216.85M4.15%
2019-09-30$208.22M5.88%
2019-06-30$196.66M-0.37%
2019-03-31$197.39M-0.53%
2018-12-31$198.43M9.81%
2018-09-30$180.70M3.16%
2018-06-30$175.17M0.60%
2018-03-31$174.12M-8.04%
2017-12-31$189.33M-0.36%
2017-09-30$190.02M5.27%
2017-06-30$180.50M7.26%
2017-03-31$168.28M0.65%
2016-12-31$167.20M1.59%
2016-09-30$164.58M6.65%
2016-06-30$154.32M0.51%
2016-03-31$153.54M-0.72%
2015-12-31$154.65M2.04%
2015-09-30$151.56M-0.17%
2015-06-30$151.82M141.66%
2015-03-31$62.82M-6.98%
2014-12-31$67.53M-0.91%
2014-09-30$68.16M9.70%
2014-06-30$62.13M11.75%
2014-03-31$55.60M-3.17%
2013-12-31$57.42M7.63%
2013-09-30$53.35M12.57%
2013-06-30$47.39M-4.03%
2013-03-31$49.38M9.14%
2012-12-31$45.24M7.55%
2012-09-30$42.07M3.57%
2012-06-30$40.62M6.24%
2012-03-31$38.23M3.16%
2011-12-31$37.06M0.39%
2011-09-30$36.92M10.51%
2011-06-30$33.41M-4.01%
2011-03-31$34.80M65.03%
2010-12-31$21.09M20.48%
2010-09-30$17.50M57.89%
2010-06-30$11.09M9.32%
2010-03-31$10.14M7.03%
2009-12-31$9.48M-18.00%
2009-09-30$11.56M6.72%
2009-06-30$10.83M9.46%
2009-03-31$9.89M-9.17%
2008-12-31$10.89M-

Hudson Pacific Properties generated $166.94M in revenue during Q3 2024, up -23.19% compared to the previous quarter, and up 68.09% 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/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Studio Related Tenant Recoveries$2.18M$1.95M$1.96M$1.56M$2.26M
Ancillary Revenue$76.10M$107.08M$46.98M$16.78M$27.95M
Other Revenues$17.65M$23.12M$15.17M$16.58M$28.07M

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/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Other Revenues$4.57M$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
Studio Related Tenant Recoveries$760.00K$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
Ancillary Revenue$18.43M$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

Hudson Pacific Properties's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Ancillary Revenue (77.57%), Other Revenues (19.23%), and Studio Related Tenant Recoveries (3.20%).

Hudson Pacific Properties Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
KRCKilroy Realty$1.13B$289.94M
DEIDouglas Emmett$1.02B$109.09M
HPPHudson Pacific Properties$952.30M$166.94M
HIWHighwoods Properties$834.00M$204.32M
CUZCousins Properties$801.50M$208.72M
PDMPiedmont Office Realty Trust$678.66M$5.57M
OPIOffice Properties Income Trust$533.55M$120.62M
BDNBrandywine Realty Trust$514.65M$131.78M
CIOCity 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 Q3 2024 was $166.94M, a -23.19% decrease from the previous quarter (Q2 2024), and a -27.87% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $217.34M, a 1.86% increase from the previous quarter (Q1 2024), and a -11.35% decrease year-over-year (Q2 2023). HPP'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).

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 Studio Related Tenant Recoveries, Ancillary Revenue, and Other Revenues. Studio Related Tenant Recoveries generated $2.18M in revenue, accounting 2.27% of the company's total revenue, up 11.58% 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. Other Revenues generated $17.65M in revenue, accounting 18.40% of the company's total revenue, down -23.65% 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.