Company: HPP
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001482512-25-000126
Chunk: 23

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 2
Chunk 23
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172 50,889 75,061 Total operating expenses163,111 58,200 221,311 164,728 58,584 223,312 Office NOI175,912 1,354 177,266 193,680 9,183 202,863 Studio NOI11,043 (21,159)(10,116)15,440 (9,592)5,848 NOI$186,955 $(19,805)$167,150 $209,120 $(409)$208,711 

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The following table gives further detail on our change in NOI:Six Months Ended June 30, 2025 as compared to Six Months Ended June 30, 2024Same-StoreNon-Same-StoreTotalDollar ChangePercent ChangeDollar ChangePercent ChangeDollar ChangePercent ChangeRevenuesOfficeRental revenues$(22,042)(6.7)%$(13,055)(79.0)%$(35,097)(10.2)%Service and other revenues5,247 77.9 (220)(61.6)5,027 70.9 Total office revenues(16,795)(5.0)(13,275)(78.7)(30,070)(8.6)StudioRental revenues(802)(3.7)302 4.6 (500)(1.8)Service and other revenues(6,185)(34.0)(6,807)(19.6)(12,992)(24.6)Total studio revenues(6,987)(17.6)(6,505)(15.8)(13,492)(16.7)Total revenues(23,782)(6.4)(19,780)(34.0)(43,562)(10.1)Operating expensesOffice operating expenses973 0.7 (5,446)(70.8)(4,473)(3.0)Studio operating expenses(2,590)(10.7)5,062 9.9 2,472 3.3 Total operating expenses(1,617)(1.0)(384)(0.7)(2,001)(0.9)Office NOI(17,768)(9.2)(7,829)(85.3)(25,597)(12.6)Studio NOI(4,397)(28.5)(11,567)120.6 (15,964)(273