Hudson Pacific Q3 net loss $136.5M, FFO $0.04/share, leases 515K sq ft

Hudson Pacific Properties, Inc.

2025-Q3 EPS reported -$1.11 revenue$575,078,000

Revenue $186.6M vs $200.4M; net loss $136.5M ($0.30 diluted EPS). FFO ex items $16.7M ($0.04/share).
Leased 515,450 sq ft in Q3 (1.7M YTD), including 106K sq ft new AI tenant lease at Page Mill Center.
Office occupancy 75.9% (up 80bps QoQ), positive absorption; studio occupancy 64.6%.
Liquidity $1.0B; no debt maturities until H2 2026; refinanced 1918 Eighth with $285M loan.
Q4 FFO outlook $0.01-$0.05/share; full-year same-store NOI expected -11.5% to -12.5%.

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