Hudson Pacific Q1 net loss narrows 36.6% to $50.9 million

Hudson Pacific Properties, Inc.

Hudson Pacific Properties, Inc.

HPP

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  • Hudson Pacific Properties posted a net loss of USD 50.9 million for three months ended March 31, 2026, narrowing 36.6%.
  • NOI slipped 5.7% to USD 80.3 million, with same-store NOI down 4.9% to USD 87.3 million.
  • Revenue fell 8.4% to USD 181.9 million, while net cash provided by operating activities rose 45% to USD 44.3 million.
  • Cash and cash equivalents totaled about USD 138 million at March 31, 2026, with USD 795.3 million of remaining capacity on unsecured revolving credit facility.
  • Office portfolio was 77.8% occupied and 78.4% leased at quarter-end, while in-service studio portfolio was 67.7% occupied and leased.


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