---
schema_version: "secwatch.filing_event.v1"
accession: "0001456772-22-000030"
form_type: "8-K"
ticker: "OPIRQ"
cik: "0001456772"
company_name: "OFFICE PROPERTIES INCOME TRUST"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:58:43.659102+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# OPI Q3 2022: Net income $17M, Normalized FFO $1.11/sh, occupancy 90.7%

## Summary
- Net income of $17.0M ($0.35 diluted EPS) vs $3.7M ($0.08) in prior year; includes $16.9M net gain on sale.
- Normalized FFO per share $1.11, down from $1.24 in Q3 2021; CAD $0.58 vs $0.64.
- Leased 606k sq ft with 21.6% rent roll-up and 7.2-year weighted average lease term.
- Sold 10 properties for $118.2M at ~6.8% cap rate; expects ~92% occupancy by year-end.
- Prepaid $22.9M mortgage at $22.2M discount; $615M available on revolver.

## SEC filing metadata
- accession: 0001456772-22-000030
- form_type: 8-K
- ticker: OPIRQ
- cik: 0001456772
- company_name: OFFICE PROPERTIES INCOME TRUST
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1456772/000145677222000030/0001456772-22-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1456772/000145677222000030/opi-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001456772-22-000030
- JSON: https://secwatch.observer/filing/0001456772-22-000030.json
- Plain text: https://secwatch.observer/filing/0001456772-22-000030.txt

## Key facts
- Earnings Releases
  OFFICE PROPERTIES INCOME TRUST reported the quarter ended September 30, 2022 results: net income $16,964 thousand or $0.35 per diluted share, EPS $0.35 per diluted share.
  - Period: the quarter ended September 30, 2022
  - Net income: $16,964 thousand or $0.35 per diluted share
  - EPS: $0.35 per diluted share
  - Result: reported results
  source text: Net income for the quarter ended September 30, 2022 was $17.0 million, or $0.35 per diluted share, compared to net income of $3.7 million, or $0.08 per diluted share, for the quarter ended September 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1456772/000145677222000030/0001456772-22-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.