Piedmont Office Realty Trust, Inc. (PDM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | 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 |
|---|
| Revenue | 0 | 142.85M | 139.16M | 140.29M | 142.69M | 143.23M | 139.29M | 143.26M | 144.54M | 145.33M | 146.99M | 143.07M | 142.37M | 147.21M | 144.1M | 136.31M | 136.15M | 138.16M | 131.07M | 130.22M |
| Revenue Growth % | -100% | -0.26% | -0.09% | -2.07% | -1.28% | -1.44% | -5.23% | 0.13% | 1.52% | -1.28% | 2% | 4.96% | 4.57% | 6.55% | 9.94% | 4.68% | 5.33% | 5.04% | -0.47% | -3.28% |
| Property Operating Expenses | 0 | 174.52M | 55.89M | 111.04M | 57.91M | 58.6M | 57.51M | 58.56M | 59.44M | 59.09M | 59.85M | 58.37M | 57.79M | 59.76M | 59.04M | 53.63M | 53.62M | 56.08M | 51.77M | 51.66M |
| Net Operating Income (NOI) | 0 | -31.66M | 83.27M | 29.25M | 84.77M | 84.63M | 81.78M | 84.7M | 85.09M | 86.25M | 87.14M | 84.7M | 84.58M | 87.44M | 85.06M | 82.67M | 82.53M | 82.08M | 79.3M | 78.56M |
| NOI Margin % | - | -22.16% | 59.84% | 20.85% | 59.41% | 59.08% | 58.71% | 59.12% | 58.87% | 59.34% | 59.28% | 59.2% | 59.41% | 59.4% | 59.03% | 60.65% | 60.62% | 59.41% | 60.5% | 60.33% |
| Operating Expenses | 7.91M | -50.57M | 64.92M | 7.96M | 63.88M | 69.22M | 62.88M | 65.26M | 64.6M | 7.18M | 7.04M | 7.28M | 7.69M | 5.67M | 6.59M | 7.03M | 7.59M | 7.83M | 6.96M | 8.21M |
| G&A Expenses | 7.91M | 7.46M | 7.61M | 7.96M | 7.56M | 12.65M | 6.81M | 8.35M | 7.61M | 7.18M | 7.04M | 7.28M | 7.69M | 5.67M | 6.59M | 7.03M | 7.59M | 7.83M | 6.96M | 8.21M |
| EBITDA | 0 | 76.94M | 75.67M | 76.72M | 78.13M | 71.98M | 74.97M | 76.34M | 77.48M | 130.05M | 114.86M | 111.93M | 110.44M | 126.5M | 110.96M | 105.86M | 104.54M | 116.77M | 101.17M | 98.65M |
| EBITDA Margin % | - | 53.86% | 54.37% | 54.69% | 54.76% | 50.25% | 53.82% | 53.29% | 53.61% | 89.48% | 78.14% | 78.24% | 77.57% | 85.94% | 77% | 77.66% | 76.78% | 84.51% | 77.19% | 75.76% |
| Depreciation & Amortization | 0 | 58.03M | 57.31M | 55.43M | 57.24M | 56.57M | 56.07M | 56.91M | 56.99M | 50.98M | 34.76M | 34.51M | 33.55M | 44.73M | 32.49M | 30.21M | 29.61M | 42.52M | 28.82M | 28.3M |
| D&A / Revenue % | - | 40.62% | 41.19% | 39.51% | 40.11% | 39.5% | 40.25% | 39.73% | 39.43% | 35.08% | 23.65% | 24.12% | 23.57% | 30.38% | 22.54% | 22.16% | 21.74% | 30.78% | 21.99% | 21.74% |
| Operating Income | 0 | 18.91M | 18.35M | 21.29M | 20.89M | 15.4M | 18.91M | 19.43M | 20.49M | 79.07M | 80.1M | 77.42M | 76.89M | 81.78M | 78.47M | 75.65M | 74.93M | 74.25M | 72.35M | 70.35M |
| Operating Margin % | - | 13.24% | 13.19% | 15.18% | 14.64% | 10.75% | 13.57% | 13.57% | 14.18% | 54.41% | 54.49% | 54.12% | 54% | 55.55% | 54.46% | 55.5% | 55.04% | 53.74% | 55.2% | 54.02% |
| Interest Expense | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | - | -0.33x | 0.58x | 0.67x | 0.68x | 0.05x | 0.59x | 0.67x | 0.69x | 0.59x | 0.80x | 0.84x | 0.86x | 1.11x | 1.17x | 1.58x | 1.52x | 1.46x | 1.72x | 1.59x |
| Non-Operating Income | 0 | 29.74M | -160K | 0 | -684K | 13.75M | 0 | -328K | 0 | 62.27M | 58.31M | 57.81M | 57.83M | 58.7M | 58.23M | 53.85M | 53.77M | 53.97M | 50.94M | 50.69M |
| Pretax Income | -12.91M | -43.24M | -13.46M | -16.81M | -10.1M | -29.98M | -11.52M | -9.81M | -27.76M | -28.03M | -17M | -1.99M | -1.36M | 75.57M | 3.33M | 7.96M | 59.96M | -32.13M | 11.3M | 9.94M |
| Pretax Margin % | - | -30.27% | -9.67% | -11.98% | -7.08% | -20.93% | -8.27% | -6.85% | -19.21% | -19.28% | -11.57% | -1.39% | -0.96% | 51.34% | 2.31% | 5.84% | 44.04% | -23.26% | 8.62% | 7.64% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -379K | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1.18% | 0% | 0% |
| Net Income | -12.91M | -43.24M | -13.46M | -16.81M | -10.1M | -29.98M | -11.52M | -9.81M | -27.76M | -28.03M | -17M | -1.99M | -1.37M | 75.57M | 3.33M | 7.97M | 59.96M | -31.75M | 11.31M | 9.95M |
| Net Margin % | - | -30.27% | -9.67% | -11.98% | -7.08% | -20.93% | -8.27% | -6.85% | -19.21% | -19.29% | -11.57% | -1.39% | -0.96% | 51.33% | 2.31% | 5.84% | 44.04% | -22.98% | 8.63% | 7.64% |
| Net Income Growth % | -27.82% | -44.24% | -16.87% | -71.33% | 63.61% | -6.95% | 32.25% | -393.41% | -1930.94% | -137.09% | -610.42% | -124.96% | -102.28% | 338.01% | -70.54% | -19.92% | 541.74% | -240.43% | 26.42% | -94.83% |
| Funds From Operations (FFO) | 31.11M | 14.79M | 43.85M | 38.63M | 47.13M | 26.59M | 44.55M | 47.1M | 29.23M | 22.95M | 17.76M | 32.52M | 32.19M | 120.3M | 35.82M | 38.17M | 89.57M | 10.77M | 40.13M | 38.25M |
| FFO Margin % | - | 10.35% | 31.51% | 27.53% | 33.03% | 18.57% | 31.98% | 32.88% | 20.22% | 15.79% | 12.08% | 22.73% | 22.61% | 81.72% | 24.86% | 28% | 65.79% | 7.8% | 30.62% | 29.38% |
| FFO Growth % | -33.99% | -44.39% | -1.56% | -18% | 61.27% | 15.88% | 150.85% | 44.84% | -9.2% | -80.92% | -50.42% | -14.81% | -64.06% | 1016.85% | -10.74% | -0.21% | 151.04% | -82.29% | 48.29% | -85.57% |
| FFO per Share | 0.25 | 0.12 | 0.35 | 0.31 | 0.38 | 0.21 | 0.36 | 0.38 | 0.24 | 0.19 | 0.14 | 0.26 | 0.26 | 0.97 | 0.29 | 0.31 | 0.73 | 0.09 | 0.32 | 0.31 |
| FFO Payout Ratio % | 0.42% | 0.09% | 0.02% | 0.04% | 65.43% | 0.81% | 34.81% | 32.93% | 104.8% | 1.46% | 87.1% | 79.92% | 159.47% | 0.48% | 72.37% | 67.91% | 58% | 0.13% | 64.98% | 68.18% |
| EPS (Diluted) | -0.10 | -0.35 | -0.11 | -0.14 | -0.08 | -0.24 | -0.09 | -0.08 | -0.22 | -0.23 | -0.14 | -0.02 | -0.01 | 0.61 | 0.03 | 0.05 | 0.88 | -0.26 | 0.09 | 0.08 |
| EPS Growth % | -23% | -45.83% | -18.41% | -76.99% | 63.05% | -4.35% | 33.64% | -391.3% | -1881.98% | -137.7% | -566.67% | -133.13% | -101.26% | 334.62% | -66.67% | -39.25% | 1000% | -244.44% | 28.57% | -94.74% |
| EPS (Basic) | -0.10 | -0.35 | -0.11 | -0.14 | -0.08 | -0.24 | -0.09 | -0.08 | -0.22 | -0.23 | -0.14 | -0.02 | -0.01 | 0.61 | 0.03 | 0.05 | 0.88 | -0.26 | 0.09 | 0.08 |
| Diluted Shares Outstanding | 124.81M | 124.52M | 124.5M | 124.46M | 124.26M | 123.94M | 124M | 123.95M | 123.8M | 123.72M | 123.7M | 123.67M | 123.55M | 123.63M | 123.7M | 123.68M | 123.51M | 123.74M | 124.63M | 124.7M |