City Office REIT, Inc. (CIO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Revenue | 37.27M | 42.34M | 42.26M | 41.92M | 42.37M | 42.34M | 44.49M | 44.32M | 44.21M | 44.6M | 45.96M | 44.61M | 45.52M | 45.5M | 44.85M | 39.67M | 44.89M | 39.96M | 39.52M | 39.84M |
| Revenue Growth % | -12.03% | 0% | -5.02% | -5.42% | -4.17% | -5.07% | -3.19% | -0.65% | -2.87% | -1.96% | 2.46% | 12.45% | 1.41% | 13.85% | 13.5% | -0.42% | 8.79% | 0.88% | -1.51% | 1.99% |
| Property Operating Expenses | 15.62M | 16.31M | 16.27M | 16.44M | 17.78M | 17.49M | 17.74M | 17.39M | 17.64M | 17.25M | 17.72M | 17M | 17.41M | 16.84M | 16.49M | 14.53M | 15.18M | 14.18M | 14.12M | 14.65M |
| Net Operating Income (NOI) | 21.66M | 26.03M | 25.99M | 25.48M | 24.59M | 24.85M | 26.75M | 26.93M | 26.57M | 27.36M | 28.24M | 27.61M | 28.11M | 28.66M | 28.36M | 25.14M | 29.71M | 25.79M | 25.4M | 25.19M |
| NOI Margin % | 58.11% | 61.47% | 61.49% | 60.78% | 58.03% | 58.69% | 60.12% | 60.77% | 60.09% | 61.34% | 61.44% | 61.89% | 61.75% | 63% | 63.24% | 63.38% | 66.18% | 64.52% | 64.27% | 63.24% |
| Operating Expenses | 17.45M | 122.62M | 18.85M | 27.22M | 18.43M | 18.54M | 18.79M | 21.07M | 18.25M | 19.44M | 17.72M | 18.63M | 19.06M | 19.32M | 19.27M | 15.02M | 22.55M | 18.02M | 17.22M | 17.81M |
| G&A Expenses | 3.78M | 4.33M | 3.73M | 3.88M | 3.79M | 3.82M | 3.71M | 3.88M | 3.53M | 3.67M | 3.77M | 3.21M | 3.51M | 3.61M | 3.46M | 1.72M | 7.9M | 3.07M | 2.8M | 2.67M |
| EBITDA | 14.79M | -80.5M | 22.26M | 13.14M | 20.86M | 20.97M | 23.04M | 23.06M | 23.04M | 23.69M | 24.47M | 24.1M | 24.6M | 25.05M | 24.91M | 452.08M | 21.81M | 22.72M | 22.6M | 22.53M |
| EBITDA Margin % | 39.67% | -190.1% | 52.67% | 31.34% | 49.24% | 49.52% | 51.78% | 52.02% | 52.11% | 53.11% | 53.25% | 54.02% | 54.05% | 55.05% | 55.53% | 1139.55% | 48.58% | 56.84% | 57.18% | 56.55% |
| Depreciation & Amortization | 10.57M | 16.09M | 15.13M | 14.88M | 14.71M | 14.66M | 15.07M | 17.19M | 14.72M | 15.77M | 15.3M | 15.42M | 15.55M | 15.7M | 15.81M | 13.3M | 14.65M | 14.95M | 14.41M | 15.14M |
| D&A / Revenue % | 28.36% | 38.01% | 35.79% | 35.5% | 34.71% | 34.62% | 33.88% | 38.79% | 33.3% | 35.35% | 33.3% | 34.57% | 34.17% | 34.51% | 35.26% | 33.52% | 32.63% | 37.42% | 36.48% | 38.01% |
| Operating Income | 4.21M | -96.59M | 7.13M | -1.75M | 6.16M | 6.31M | 7.96M | 5.86M | 8.32M | 7.92M | 9.17M | 8.68M | 9.05M | 9.35M | 9.09M | 438.79M | 7.16M | 7.76M | 8.18M | 7.38M |
| Operating Margin % | 11.31% | -228.11% | 16.88% | -4.16% | 14.53% | 14.9% | 17.9% | 13.23% | 18.81% | 17.76% | 19.95% | 19.45% | 19.88% | 20.54% | 20.27% | 1106.03% | 15.95% | 19.42% | 20.71% | 18.53% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Coverage | 0.17x | -11.63x | 0.82x | -0.25x | 0.70x | 0.55x | 0.94x | - | 1.02x | 0.94x | 1.11x | 1.20x | 1.33x | - | - | - | - | - | - | - |
| Non-Operating Income | 3.05M | 380K | 354K | 354K | 369K | 1.8M | 319K | 317K | 333K | 457K | 323K | -301K | 303K | 302K | -21.35M | -425.29M | 267K | 272K | -47.07M | 333K |
| Pretax Income | -3.78M | -105.31M | -1.5M | -10.56M | -2.49M | -3.63M | -454K | -2.52M | 130K | -516K | -1.15M | -12.24M | 2.16M | 3.06M | 24.69M | 433.18M | 1.24M | 1.85M | 49.01M | 461K |
| Pretax Margin % | -10.13% | -248.7% | -3.55% | -25.18% | -5.87% | -8.57% | -1.02% | -5.69% | 0.29% | -1.16% | -2.5% | -27.43% | 4.75% | 6.73% | 55.05% | 1091.89% | 2.77% | 4.63% | 124.02% | 1.16% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -1589.14% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -3.81M | -105.37M | -1.67M | -10.7M | -2.64M | -3.75M | -589K | -2.66M | -43K | -680K | -19.44M | -11.9M | 1.99M | 1.04M | 46.18M | 431.19M | 866K | 1.66M | 46.96M | 373K |
| Net Margin % | -10.23% | -248.84% | -3.95% | -25.53% | -6.23% | -8.86% | -1.32% | -6.01% | -0.1% | -1.52% | -42.3% | -26.68% | 4.37% | 2.29% | 102.96% | 1086.9% | 1.93% | 4.16% | 118.84% | 0.94% |
| Net Income Growth % | -44.52% | -2708.26% | -183.53% | -301.8% | -6037.21% | -451.76% | 96.97% | 77.63% | -102.16% | -165.13% | -142.1% | -102.76% | 129.68% | -37.18% | -1.67% | 115501.88% | -69.99% | 274.32% | 5599.27% | -86.88% |
| Funds From Operations (FFO) | 6.76M | -89.27M | 13.46M | 4.18M | 12.07M | 10.91M | 14.49M | 14.53M | 14.68M | 15.09M | -4.14M | 3.52M | 17.54M | 16.75M | 61.99M | 444.49M | 15.51M | 16.62M | 61.38M | 15.52M |
| FFO Margin % | 18.13% | -210.83% | 31.84% | 9.97% | 28.48% | 25.76% | 32.56% | 32.78% | 33.2% | 33.83% | -9% | 7.89% | 38.54% | 36.8% | 138.22% | 1120.42% | 34.56% | 41.58% | 155.32% | 38.95% |
| FFO Growth % | -43.99% | -918.48% | -7.12% | -71.22% | -17.8% | -27.71% | 450.07% | 312.76% | -16.32% | -9.9% | -106.67% | -99.21% | 13.08% | 0.78% | 1% | 2764.38% | -13.84% | 7.04% | 289.03% | -13.52% |
| FFO per Share | 0.17 | -2.21 | 0.34 | 0.10 | 0.30 | 0.27 | 0.36 | 0.36 | 0.37 | 0.38 | -0.10 | 0.09 | 0.42 | 0.38 | 1.40 | 10.07 | 0.36 | 0.38 | 1.39 | 0.36 |
| FFO Payout Ratio % | 87.16% | -6.6% | 43.63% | 140.4% | 48.65% | 53.82% | 40.38% | 40.26% | 39.84% | 65.23% | -236.81% | 278.35% | 59.48% | 63.1% | 17.04% | 1.89% | 54.07% | 50.34% | 13.63% | 53.9% |
| EPS (Diluted) | -0.14 | -2.66 | -0.04 | -0.31 | -0.11 | -0.14 | -0.06 | -0.07 | -0.00 | -0.02 | -0.49 | -0.30 | 0.05 | 0.02 | 1.04 | 9.68 | 0.02 | 0.04 | 1.07 | 0.01 |
| EPS Growth % | -27.27% | -1800% | 30.67% | -364.77% | - | -723.53% | 87.76% | 77.77% | -102.33% | -185% | -147.12% | -103.1% | 137.19% | -47.64% | -2.8% | - | -69.66% | - | 6986.09% | -83.52% |
| EPS (Basic) | -0.14 | -2.66 | -0.04 | -0.31 | -0.11 | -0.14 | -0.06 | -0.07 | -0.00 | -0.02 | -0.49 | -0.30 | 0.05 | 0.02 | 1.06 | 9.81 | 0.02 | 0.04 | 1.08 | 0.01 |
| Diluted Shares Outstanding | 40.36M | 40.36M | 40.15M | 40.15M | 40.15M | 40.15M | 40.1M | 39.94M | 39.94M | 39.94M | 39.87M | 39.72M | 42.13M | 44.48M | 44.41M | 44.16M | 43.55M | 43.48M | 44.04M | 43.59M |