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Income Statement - HIGHWOODS PROPERTIES, INC. (HIW)

$(Billion, Million)
Dec-25 Dec-24 Dec-23 Dec-22 Dec-21 Dec-20 Dec-19 Dec-18 Dec-17 Dec-16 Dec-15 Dec-14 Dec-13 Dec-12 Dec-11 Dec-10 Dec-09 Dec-08 Dec-07 Dec-06
Total revenue 806.11 825.86 834.00 828.93 768.01 736.90 735.98 720.04 702.74 665.63 604.67 608.47 556.81 516.10 482.85 463.32 454.03 461.00 437.06 416.80
Cost of revenue 261.37 272.17 268.78 259.81 236.44 231.83 248.51 242.42 236.89 231.09 215.94 225.50 203.34 187.43 176.15 164.39 164.26 165.73 157.26 153.59
Gross profit 544.74 553.69 565.22 569.12 531.57 505.08 487.47 477.62 465.85 434.55 388.73 382.96 353.47 328.67 306.70 298.93 289.77 295.27 279.80 263.21
Total operating expenses + 335.26 340.95 342.27 329.88 299.81 282.62 298.57 269.96 267.48 258.29 239.56 232.25 214.15 193.70 178.75 168.74 167.73 164.81 321.80 308.44
Operating income 209.48 212.74 222.95 239.25 231.76 222.46 188.90 207.66 198.37 176.26 149.17 150.72 53.21 46.21 39.35 130.19 35.17 130.46 115.26 108.36
Non-operating income (net) -46.83 -108.49 -71.62 -75.29 91.55 135.46 -47.21 -30.03 -6.71 -53.71 -63.65 -35.13 9.51 4.51 5.16 -130.68 -35.18 -98.47 -24.52 -54.62
Income before tax 162.65 104.25 151.33 163.96 323.31 357.91 141.68 177.63 191.66 122.55 85.52 115.59 62.72 50.72 44.50 -0.49 -0.01 31.99 90.75 53.74
Income tax expense 144.87 105.39 101.13 96.31 87.68 41.39 83.98 -317.31 79.57 92.30 32.23 72.27 100.25 61.69 83.21 98.47 72.50 65.78
Net income 159.61 102.25 148.72 159.06 313.28 347.40 136.92 171.84 185.37 524.29 97.08 110.96 125.46 79.60 45.13 68.50 58.49 31.99 90.75 53.74
Show Quarterly Income Statement

Income Statement - HIGHWOODS PROPERTIES, INC. (HIW)

$(Billion, Million)
Mar-26 Dec-25 Sep-25 Jun-25 Mar-25 Dec-24 Sep-24 Jun-24 Mar-24 Dec-23 Sep-23 Jun-23 Mar-23 Dec-22 Sep-22 Jun-22 Mar-22 Dec-21 Sep-21 Jun-21 Mar-21 Dec-20 Sep-20 Jun-20 Mar-20 Dec-19 Sep-19 Jun-19 Mar-19 Dec-18 Sep-18 Jun-18 Mar-18 Dec-17 Sep-17 Jun-17 Mar-17 Dec-16 Sep-16 Jun-16 Mar-16 Dec-15 Sep-15 Jun-15 Mar-15 Dec-14 Sep-14 Jun-14 Mar-14 Dec-13 Sep-13 Jun-13 Mar-13 Dec-12 Sep-12 Jun-12 Mar-12 Dec-11 Sep-11 Jun-11 Mar-11 Dec-10 Sep-10 Jun-10 Mar-10 Dec-09 Sep-09 Jun-09 Mar-09 Dec-08 Sep-08 Jun-08 Mar-08 Dec-07 Sep-07 Jun-07 Mar-07 Dec-06 Sep-06 Jun-06 Mar-06
Total revenue 214.03 203.36 201.77 200.60 200.38 206.79 204.32 204.74 211.28 206.86 207.10 207.29 212.75 212.17 207.00 203.84 206.38 203.54 195.50 185.50 183.81 180.94 181.04 183.15 192.80 192.98 187.48 184.07 172.36 181.39 179.42 178.79 180.44 175.86 180.19 177.28 169.41 167.65 166.27 166.86 164.86 122.49 163.74 161.14 157.31 154.66 152.63 152.72 148.45 140.85 147.29 138.52 137.03 133.98 128.21 130.74 129.94 128.73 122.09 117.06 115.59 117.87 116.06 114.34 115.82 113.52 114.23 113.31 115.97 114.85 116.21 115.85 114.78 111.68 110.17 108.46 108.74 102.87 106.29 105.80 90.67
Cost of revenue 71.12 66.76 65.92 63.66 65.03 71.47 65.71 64.56 70.44 69.55 67.19 66.31 65.73 69.68 66.33 62.37 61.42 63.45 60.57 56.23 56.19 57.61 56.89 55.12 62.20 63.27 64.14 60.56 60.55 62.17 61.15 59.66 59.43 59.40 61.23 58.85 57.40 57.37 58.62 57.52 57.58 41.39 59.76 57.28 57.51 56.46 57.38 55.28 56.39 51.54 55.37 49.63 48.94 49.30 47.23 47.09 46.12 47.79 46.02 41.14 41.38 40.84 43.51 38.32 42.10 41.14 42.94 39.46 41.80 43.14 42.17 41.57 39.13 38.25 39.96 38.25 38.28 81.24 40.09 37.94 17.81
Gross profit 142.92 136.60 135.85 136.95 135.35 135.32 138.62 140.18 140.84 137.31 139.90 140.98 147.02 142.48 140.66 141.47 144.96 140.08 134.93 129.28 127.62 123.33 124.15 128.03 130.60 129.71 123.34 123.51 111.81 119.22 118.26 119.13 121.01 116.46 118.95 118.43 112.01 110.28 107.65 109.35 107.28 81.10 103.98 103.86 99.80 98.21 95.25 97.45 92.06 89.31 91.93 88.88 88.09 84.68 80.98 83.65 83.82 80.94 76.07 75.91 74.21 77.02 72.56 76.02 73.72 72.38 71.29 73.85 74.17 71.71 74.04 74.28 75.65 111.68 70.21 70.20 70.47 102.87 66.21 67.87 72.86
Total operating expenses + 90.97 83.51 82.89 85.00 83.86 10.15 89.01 83.10 86.17 91.18 83.64 84.40 83.05 9.53 82.64 79.33 83.22 10.14 76.90 72.06 70.88 10.86 69.46 69.55 72.08 10.41 72.57 69.02 81.59 67.17 67.21 66.23 69.35 68.76 66.22 64.87 67.64 67.23 62.79 63.64 64.63 53.85 63.83 60.13 61.75 58.38 55.81 59.18 58.88 55.81 57.09 50.79 52.73 49.64 48.38 49.18 48.04 47.30 48.53 41.41 41.61 44.01 43.16 40.33 41.42 42.00 42.12 42.42 41.74 41.09 40.99 42.13 79.88 79.77 82.12 80.61 79.79 78.38 80.29 76.13 65.56
Operating income 51.95 53.09 52.96 51.95 51.49 125.17 49.60 57.08 54.67 46.12 56.26 56.59 63.97 132.95 58.02 62.14 61.73 129.94 58.03 57.22 56.74 112.47 54.69 58.49 58.52 119.30 50.77 54.49 30.23 52.05 51.05 52.90 51.66 47.70 52.73 37.97 44.38 43.04 44.86 45.70 42.65 27.25 40.14 22.92 17.87 39.83 39.43 38.27 13.22 33.50 34.84 16.42 13.28 35.04 10.91 11.71 13.21 33.65 4.65 12.50 10.94 33.01 29.40 35.68 10.89 30.38 11.16 31.44 11.46 30.62 33.05 32.15 34.90 31.90 28.04 27.85 28.96 24.48 26.00 29.68 25.11
Non-operating income (net) -18.58 -23.37 -39.25 -32.73 48.51 -128.37 -34.13 7.69 -27.46 -6.79 -33.09 -12.72 -19.02 -103.81 -17.91 -9.54 -19.63 -0.92 17.56 4.62 0.12 -27.18 -12.36 -19.53 132.82 -56.96 -21.22 -13.10 -21.84 3.33 -16.04 0.10 -17.41 11.38 6.82 1.58 -10.89 -16.01 -11.02 -12.17 -14.51 -21.07 -8.53 3.97 2.97 -16.25 14.87 -13.76 -0.03 -16.18 -17.81 -0.19 -26.41 -19.43 1.40 -11.94 -0.10 -20.80 0.75 -12.68 1.51 39.29 -29.25 -35.90 -11.10 31.32 -11.18 -31.55 -11.48 1.37 -18.34 -17.17 -19.26 58.84 -14.60 -18.56 23.60 29.26 -17.09 -23.40 -17.05
Income before tax 33.37 29.72 13.71 19.22 100.00 -3.20 15.47 64.77 27.21 39.34 23.17 43.87 44.95 29.14 40.11 52.60 42.10 129.02 75.59 61.84 56.86 85.29 42.33 38.96 191.34 62.35 29.56 41.39 8.39 55.38 35.01 53.00 34.25 59.08 59.55 39.55 33.49 27.04 33.84 33.53 28.14 6.18 31.62 26.89 20.84 23.59 54.30 24.51 13.19 17.32 17.03 16.23 -13.14 15.61 12.31 -0.22 13.12 12.85 5.40 -0.18 12.44 72.30 0.15 -0.22 -0.21 61.69 -0.02 -0.12 -0.02 31.99 14.71 14.98 15.64 90.75 13.44 9.29 52.56 53.74 8.91 6.27 8.06
Income tax expense -1.11 0.15 1.15 36.58 35.85 36.99 -11.73 29.57 26.39 25.03 24.39 25.10 26.15 22.42 23.20 -7.96 19.39 23.54 28.20 -2.89 23.35 23.61 16.15 -4.09 19.76 20.56 20.60 -4.42 24.45 18.59 20.02 402.78 23.04 22.94 -383.28 -3.24 23.53 24.89 24.19 -3.58 24.56 23.06 21.77 48.71 -16.45 12.28 -24.46 39.47 3.27 22.39 20.43 15.23 23.28 22.23 25.64 57.80 21.86 -2.22 21.75 59.35 17.89 -3.47 19.94 45.34 21.33 17.17 22.94 75.29 14.60 19.24 -4.68 29.33 20.00 23.40 55.46
Net income 31.94 29.23 13.45 18.86 98.07 -3.11 15.18 63.49 26.69 38.62 22.72 42.92 44.46 28.17 38.87 51.13 40.88 125.54 72.73 59.93 55.08 82.73 40.93 37.65 186.10 60.47 28.52 40.04 7.88 53.67 33.78 51.31 33.07 57.19 57.66 38.21 32.30 26.00 32.60 32.28 433.42 20.98 30.38 25.78 19.94 22.54 52.34 23.33 12.76 30.36 53.98 28.15 12.98 14.70 33.98 13.59 17.32 12.05 7.63 13.63 11.81 10.69 8.56 37.90 11.35 -0.86 11.96 34.90 12.49 -13.35 14.71 14.98 15.64 15.46 13.44 9.29 52.56 24.42 8.91 6.27 7.00
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