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Highwoods Properties, Inc. income statement

In fiscal 2025, Highwoods Properties, Inc. reported revenue of $806m, down 2.4% on the year before, operating income of $545m (a 67.6% margin) and net income of $157m, or $1.45 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

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue703720736737768829834826806852
General and administrative40404441414243424042
Operating income466478487505532569565554545572
Interest expense6971828186105137147152164
Provision for credit losses21105034———
Income before tax130138————————
Net income183169134345311157146100157185
Diluted EPS$1.78$1.64$1.30$3.32$2.98$1.49$1.39$0.94$1.45$1.65
Diluted shares (average)106m106m106m107m107m108m108m108m111m112m
EBITDA694708742747791857865853840883

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Highwoods Properties, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Highwoods Properties, Inc.