Easterly Government Properties, Inc. income statement
In fiscal 2025, Easterly Government Properties, Inc. reported revenue of $336m, up 11.3% on the year before and net income of $13.0m, or $0.27 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 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 105 | 131 | 161 | 222 | 245 | 275 | 294 | 287 | 302 | 336 | 365 |
| Cost of revenue | 21 | 25 | 31 | 48 | 48 | 57 | 67 | 72 | 70 | 77 | 83 |
| Gross profit | 84 | 106 | 130 | 173 | 197 | 218 | 227 | 215 | 232 | 259 | 281 |
| Operating income | 14 | 23 | — | — | — | — | — | — | — | — | — |
| Provision for credit losses | — | — | — | — | — | — | — | — | 2 | −0 | −1 |
| Net income | 4 | 4 | 6 | 7 | 12 | 30 | 31 | 19 | 20 | 13 | 15 |
| Diluted EPS | $0.30 | $0.25 | $0.20 | $0.25 | $0.38 | $0.88 | $0.85 | $0.48 | $0.46 | $0.27 | $0.31 |
| Diluted shares (average) | 13m | 17m | 22m | 28m | 32m | 34m | 36m | 38m | 42m | 45m | 47m |
| EBITDA | 60 | 78 | — | — | — | — | — | — | — | — | — |
| 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 | 78 | 79 | 84 | 86 | 87 | 92 | 92 | 94 |
| Cost of revenue | 19 | 18 | 19 | 21 | 20 | 21 | 20 | 23 |
| Gross profit | 60 | 61 | 65 | 65 | 67 | 71 | 72 | 71 |
| Provision for credit losses | 0 | −0 | −1 | 0 | 0 | 0 | −0 | −1 |
| Net income | 5 | 3 | 4 | 1 | 5 | 1 | 3 | 6 |
| Diluted EPS | $0.13 | $0.07 | $0.09 | $0.02 | $0.09 | $0.02 | $0.06 | $0.11 |
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