Company: HPP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001482512-25-000150
Chunk: 125

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 125
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599 11,125 Total office revenues471,946 3,677 475,623 493,223 24,833 518,056 StudioRental revenues31,209 9,899 41,108 31,677 10,084 41,761 Service and other revenues16,352 41,995 58,347 22,705 49,894 72,599 Total studio revenues47,561 51,894 99,455 54,382 59,978 114,360 Total revenues519,507 55,571 575,078 547,605 84,811 632,416 Operating expensesOffice operating expenses213,223 2,132 215,355 215,492 12,261 227,753 Studio operating expenses31,129 78,786 109,915 33,985 76,415 110,400 Total operating expenses244,352 80,918 325,270 249,477 88,676 338,153 Office NOI258,723 1,545 260,268 277,731 12,572 290,303 Studio NOI16,432 (26,892)(10,460)20,397 (16,437)3,960 NOI$275,155 $(25,347)$249,808 $298,128 $(3,865)$294,263 

56

The following table gives further detail on our change in NOI:Nine Months Ended September 30, 2025 as compared to Nine Months Ended September 30, 2024Same-StoreNon-Same-StoreTotalDollar ChangePercent ChangeDollar ChangePercent ChangeDollar ChangePercent ChangeRevenuesOfficeRental revenues$(29,005)(6.0)%$(20,710)(85.5)%$(49,715)(9.8)%Service and other revenues7,728 73.4 (446)(74.5)7,282 65.5 Total office revenues(21,277)(4.3)(21,156)(85.2)(42,433)(8.2)StudioRental revenues(468)(1.5)(185)(1.8)(653)(1.6)Service and other revenues(6,353)(28.0)(7,899)(15.8)(14,252)(19.6)