---
schema_version: "secwatch.filing_event.v1"
accession: "0001482512-26-000033"
form_type: "8-K"
ticker: "HPP"
cik: "0001482512"
company_name: "Hudson Pacific Properties, Inc."
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:32:10.419781+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HPP Q4 net loss $277.9M; FFO ex-items $0.21; provides 2026 FFO outlook $0.96-$1.06

## Summary
- Total revenue $256.0M vs $209.7M YoY, lifted by $81M lease termination fee from Element LA sale.
- Same-store cash NOI fell to $84.8M vs $94.3M due to lower office occupancy; office occupancy 76.3% (up 40bps QoQ).
- Signed 518K sq ft of leases in Q4, 2.2M in 2025; renewal with Weil Gotshal for 59K sq ft through 2038.
- 2026 full-year FFO guidance $0.96-$1.06/dil share; implies improvement from $0.84 annualized Q4 ex-items run rate.
- Liquidity $933.6M; net debt to undepreciated book value 31.9%; no debt maturities until Q3 2026.

## SEC filing metadata
- accession: 0001482512-26-000033
- form_type: 8-K
- ticker: HPP
- cik: 0001482512
- company_name: Hudson Pacific Properties, Inc.
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482512/000148251226000033/0001482512-26-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482512/000148251226000033/hpp-20260226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001482512-26-000033
- JSON: https://secwatch.observer/filing/0001482512-26-000033.json
- Plain text: https://secwatch.observer/filing/0001482512-26-000033.txt

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