Highwoods Properties Quarterly Income Statement
NYSE: HIWReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Highwoods Properties revenue and earnings
In the quarter ended Mar 31, 2026, Highwoods Properties generated $214.0 million in revenue, up 6.8% from the same quarter a year earlier. Net income was $33.4 million (-66.6% year over year), for a net margin of 15.6% versus a median of 9.6% in the prior 5 quarters. Operating margin was 66.8%.
Diluted earnings per share came in at $0.29, down from $0.91.
Summary generated from market data by MetaCap's automated system. Methodology
Highwoods Properties income statement (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 214.03M | 203.36M | 201.77M | 200.60M | 200.38M | 205.53M | 204.32M | 204.74M | 211.28M | 206.86M | 207.09M | 207.29M |
| Revenue growth (YoY) | +6.81% | -1.06% | -1.25% | -2.02% | -5.16% | -0.64% | -1.34% | -1.23% | -0.69% | -2.29% | +0.05% | +1.69% |
| Operating Expenses | 162.09M | 150.27M | 157.62M | 148.65M | 148.90M | 178.74M | 154.72M | 147.66M | 156.60M | 160.74M | 150.83M | 150.71M |
| Operating Income | 142.92M | 136.59M | 135.85M | 136.94M | 135.35M | 134.05M | 138.62M | 140.18M | 140.84M | 137.31M | 139.90M | 140.98M |
| Interest Expense | 41.70M | 39.65M | 38.48M | 37.66M | 36.64M | 37.27M | 37.47M | 35.90M | 36.55M | 35.30M | 34.25M | 34.06M |
| Other Income (Expense) | 3.17M | 1.58M | 1.75M | 4.63M | 1.63M | 1.78M | 1.87M | 7.46M | 1.23M | 1.35M | 754.00K | 1.18M |
| Net Income | 33.37M | 29.72M | 13.71M | 19.22M | 100.00M | -3.20M | 15.47M | 64.77M | 27.21M | 39.34M | 23.17M | 43.87M |
| Net Income growth (YoY) | -66.64% | — | -11.39% | -70.32% | +267.47% | -108.13% | -33.24% | +47.64% | -39.46% | +34.97% | -42.23% | -16.60% |
| EPS (Basic) | 0.29 | 0.25 | 0.12 | 0.17 | 0.91 | -0.04 | 0.14 | 0.59 | 0.25 | 0.36 | 0.21 | 0.40 |
| EPS (Diluted) | 0.29 | 0.25 | 0.12 | 0.17 | 0.91 | -0.04 | 0.14 | 0.59 | 0.25 | 0.36 | 0.21 | 0.40 |
| Shares Outstanding (Basic) | 110.04M | — | 108.40M | 107.83M | 107.68M | — | 106.01M | 106.00M | 105.80M | — | 105.67M | 105.46M |
| Shares Outstanding (Diluted) | 112.06M | — | 110.52M | 109.98M | 109.83M | — | 108.16M | 108.15M | 107.96M | — | 107.83M | 107.81M |
| EBITDA | 220.45M | 211.57M | 209.75M | 211.62M | 206.75M | 206.57M | 217.73M | 213.92M | 214.51M | 216.30M | 214.67M | 216.00M |
| Operating Margin | 66.77% | 67.17% | 67.33% | 68.27% | 67.55% | 65.22% | 67.84% | 68.47% | 66.66% | 66.38% | 67.55% | 68.01% |
| Net Margin | 15.59% | 14.62% | 6.79% | 9.58% | 49.90% | -1.56% | 7.57% | 31.64% | 12.88% | 19.02% | 11.19% | 21.16% |
This table shows 12 quarterly periods of Highwoods Properties's income statement, from Q1 2026 back to Q2 2023, across 14 line items including revenue, operating expenses, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow HIW's reporting calendar. What is a income statement?