Hudson Pacific Properties, Inc. (HPP) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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HPP Revenue Growth
Revenue Breakdown (FY 2025)
HPP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
HPP Revenue Analysis (2014–2025)
As of May 6, 2026, Hudson Pacific Properties, Inc. (HPP) generated trailing twelve-month (TTM) revenue of $831.1 million, reflecting exceptional growth of +22.1% year-over-year. The most recent quarter (Q4 2025) recorded $256.0 million in revenue, up 37.2% sequentially.
Looking at the longer-term picture, HPP's 5-year compound annual growth rate (CAGR) stands at +0.6%, indicating moderate growth over time. The company achieved its highest annual revenue of $1.03 billion in 2022.
Revenue diversification analysis shows HPP's business is primarily driven by Office Segment (84%), and Studio Segment (16%). With over half of revenue concentrated in Office Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Real Estate sector peers including DEI (+1.8% YoY), KRC (-2.0% YoY), and PDM (-25.7% YoY), HPP has outperformed the peer group in terms of revenue growth. Compare HPP vs DEI →
HPP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HPPCurrent | $831M | +22.1% | +0.6% | -5.7% | |
 DEI | $1.0B | +1.8% | +2.5% | 19.0% | |
 KRC | $1.1B | -2.0% | +4.4% | 28.4% | |
 PDM | $565M | -25.7% | +1.1% | 14.1% | |
 HIW | $806M | +0.4% | +1.8% | 26.0% | |
 BXP | $3.5B | +2.2% | +4.7% | 55.7% |
HPP Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $831.1M | -1.3% | $-350,159,000 | -42.1% | $-47,555,000 | -5.7% |
| 2024 | $842.1M | -11.6% | $388.0M | 46.1% | $-45,873,000 | -5.4% |
| 2023 | $952.3M | -7.2% | $501.8M | 52.7% | $29.0M | 3.0% |
| 2022 | $1.03B | +14.4% | $612.4M | 59.7% | $159.7M | 15.6% |
| 2021 | $896.8M | +11.3% | $561.0M | 62.6% | $146.0M | 16.3% |
| 2020 | $805.7M | -1.4% | $505.5M | 62.7% | $427.6M | 53.1% |
| 2019 | $817.4M | +12.2% | $515.2M | 63.0% | $443.3M | 54.2% |
| 2018 | $728.4M | +0.0% | $460.2M | 63.2% | $148.7M | 20.4% |
| 2017 | $728.1M | +13.8% | $474.0M | 65.1% | $136.6M | 18.8% |
| 2016 | $639.6M | +22.8% | $410.5M | 64.2% | $89.4M | 14.0% |
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Start ComparisonHPP — Frequently Asked Questions
Quick answers to the most common questions about buying HPP stock.
Is HPP's revenue growth accelerating or slowing?
HPP revenue is accelerating at +22.1% year-over-year, exceeding the 5-year CAGR of +0.6%. TTM revenue reached $831M. Growth momentum has increased versus prior periods.
What is HPP's long-term revenue growth rate?
Hudson Pacific Properties, Inc.'s 5-year revenue CAGR of +0.6% reflects the sustained expansion pattern. Current YoY growth of +22.1% is above this long-term average.
How is HPP's revenue distributed by segment?
HPP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.