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Hudson Pacific Reports $188.3 Million Q2 Revenue and Raises 2026 Outlook

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Hudson Pacific Properties (HPP) reported second-quarter 2026 total revenue of $188.3 million, compared with $190.0 million a year earlier. The company reported a net loss of $104.7 million and a basic and diluted net loss of $1.62 per share.

Hudson Pacific said it executed 1.3 million square feet of office leases, increased in-service office occupancy to 82.5%, ended the quarter with $876.1 million of total liquidity and raised its full-year 2026 Core FFO outlook to $1.12 to $1.20 per diluted share.

  • Total revenue was $188.3 million for the second quarter, compared with $190.0 million in the prior-year period.
  • Net loss was $104.7 million, compared with a net loss of $87.8 million a year earlier.
  • Basic and diluted net loss attributable to common stockholders was $1.62 per share.
  • Core FFO was $23.1 million, or $0.35 per diluted share, compared with $8.0 million, or $0.27 per diluted share, a year earlier.
  • Same-store cash NOI was $90.2 million, up 7.5% from $83.9 million.
  • Total liquidity was $876.1 million as of June 30, 2026.
  • The company raised full-year 2026 Core FFO guidance to $1.12 to $1.20 per diluted share.

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