Hudson Pacific Properties, Inc. balance sheet
At the end of fiscal 2025, Hudson Pacific Properties, Inc. had total assets of $7.27bn, total liabilities of $4.06bn and shareholders' equity of $2.97bn. It held $138m in cash against $0 of debt: net cash of $138m.
Balance sheet
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 19 | 30 | 18 | 83 | 79 | 54 | 46 | 114 | 97 | 256 | 100 | 63 | 138 | 81 |
| Inventory | — | — | — | — | — | — | — | 0 | 2 | 5 | — | — | — | — |
| Goodwill | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 109 | 264 | 264 | 157 | 9 | 9 |
| Total assets | 1,560 | 2,131 | 2,335 | 6,679 | 6,622 | 7,071 | 7,467 | 8,350 | 8,990 | 9,319 | 8,282 | 8,132 | 7,268 | 7,170 |
| Long-term debt | 582 | 888 | 961 | 2,473 | 2,421 | 2,624 | — | — | — | — | — | — | — | — |
| Total debt | 582 | 888 | 961 | 2,708 | 2,439 | 2,640 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 650 | 1,018 | 1,050 | 2,966 | 2,701 | 3,118 | 3,622 | 4,245 | 4,654 | 5,434 | 4,721 | 4,955 | 4,063 | 4,132 |
| Shareholders' equity | 840 | 1,003 | 1,179 | 3,103 | 3,638 | 3,544 | 3,417 | 3,463 | 3,742 | 3,305 | 3,078 | 2,855 | 2,972 | 2,814 |
| Non-controlling interests and other (assets − liabilities − equity) | 69 | 110 | 106 | 610 | 283 | 410 | 428 | 643 | 594 | 580 | 483 | 322 | 233 | 224 |
| Net debt (negative = net cash) | 563 | 858 | 943 | 2,625 | 2,360 | 2,587 | −46 | −114 | −97 | −256 | −100 | −63 | −138 | −81 |
| Shares outstanding | — | — | — | — | — | — | — | — | — | — | — | 20m | 54m | 54m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 264 | 157 | 157 | 157 | 157 | 9 | 9 | 9 |
| Total assets | 8,317 | 8,132 | 7,998 | 8,126 | 7,796 | 7,268 | 7,230 | 7,170 |
| Total liabilities | 4,971 | 4,955 | 4,903 | 4,441 | 4,310 | 4,063 | 4,083 | 4,132 |
| Shareholders' equity | 3,027 | 2,855 | 2,782 | 3,366 | 3,248 | 2,972 | 2,917 | 2,814 |
| Non-controlling interests and other (assets − liabilities − equity) | 319 | 322 | 313 | 319 | 237 | 233 | 230 | 224 |
| Shares outstanding | 141m | 20m | 141m | 379m | 379m | 54m | 54m | 54m |
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