Cousins Properties Inc income statement
In fiscal 2025, Cousins Properties Inc reported revenue of $994m, up 16.0% on the year before, operating income of $673m (a 67.8% margin) and net income of $40.5m, or $0.24 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 203 | 154 | 118 | 137 | 211 | 178 | 204 | 259 | 466 | 475 | 658 | 740 | 755 | 762 | 803 | 857 | 994 | 1,046 |
| Cost of revenue | — | — | — | — | — | — | — | 97 | 164 | 165 | 222 | 251 | 259 | 258 | 266 | 281 | 314 | 330 |
| Gross profit | — | — | — | — | — | — | — | 162 | 302 | 311 | 435 | 489 | 496 | 504 | 536 | 576 | 679 | 716 |
| Operating income | — | — | — | — | 138 | 216 | 241 | 260 | 313 | 326 | 432 | 486 | 494 | 502 | 531 | 570 | 673 | 715 |
| Interest expense | 40 | 37 | 27 | 24 | 22 | 21 | 23 | 27 | 34 | 39 | 54 | 61 | 67 | 73 | 105 | 122 | 159 | 180 |
| Income before tax | −82 | −45 | −117 | −16 | −17 | −11 | 6 | −27 | 40 | 63 | — | — | — | — | — | — | — | — |
| Income tax | 4 | −1 | −0 | 0 | −0 | −0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Net income | 27 | −15 | −128 | 46 | 122 | 52 | 126 | 79 | 216 | 79 | 150 | 237 | 279 | 167 | 83 | 46 | 41 | 15 |
| Diluted EPS | $0.62 | −$0.76 | −$1.36 | $0.32 | $0.76 | $0.22 | $0.58 | $1.24 | $2.08 | $0.75 | $1.17 | $1.60 | $1.87 | $1.11 | $0.55 | $0.30 | $0.24 | $0.09 |
| Diluted shares (average) | 23m | 36m | 37m | 37m | 51m | 51m | 54m | 64m | 106m | 107m | 130m | 149m | 149m | 150m | 152m | 154m | 169m | 167m |
| EBITDA | — | — | — | — | 214 | 278 | 313 | 358 | 510 | 507 | 689 | 775 | 782 | 798 | 846 | 935 | 1,089 | 1,138 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 225 | 250 | 240 | 248 | 255 | 263 | 269 | 259 |
| Cost of revenue | 73 | 77 | 74 | 80 | 83 | 83 | 85 | 80 |
| Gross profit | 152 | 173 | 166 | 168 | 172 | 181 | 184 | 179 |
| Operating income | 148 | 165 | 167 | 169 | 172 | 180 | 182 | 180 |
| Interest expense | 33 | 37 | 39 | 41 | 42 | 45 | 47 | 46 |
| Net income | 14 | 21 | 14 | 9 | −3 | −25 | 26 | 17 |
| Diluted EPS | $0.09 | $0.12 | $0.09 | $0.05 | −$0.02 | −$0.15 | $0.16 | $0.10 |
| EBITDA | 242 | 267 | 268 | 274 | 279 | 288 | 287 | 283 |
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