Highwoods Properties financials
$28.64−2.62%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $216.4M | $214.0M | $203.4M | $201.8M | $200.6M | $200.4M | $205.5M | $204.3M | $204.7M | $211.3M | $206.9M | $207.1M |
| Gross profit | $216.4M | $214.0M | $203.4M | $201.8M | $200.6M | $200.4M | $205.5M | $204.3M | $204.7M | $140.8M | $206.9M | $207.1M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 66.7% | 100.0% | 100.0% |
| Operating income | $57.3M | $51.9M | $53.1M | $44.2M | $51.9M | $51.5M | $26.8M | $49.6M | $57.1M | $54.7M | $34.3M | $56.3M |
| Net income | $93.5M | $31.4M | $28.7M | $12.9M | $18.3M | $97.4M | -$3.7M | $14.6M | $62.9M | $26.1M | $38.0M | $22.1M |
| Net margin | 43.2% | 14.7% | 14.1% | 6.4% | 9.1% | 48.6% | −1.8% | 7.1% | 30.7% | 12.3% | 18.4% | 10.7% |
| Diluted EPS | $0.85 | $0.29 | $0.26 | $0.12 | $0.17 | $0.91 | $-0.03 | $0.14 | $0.59 | $0.25 | $0.35 | $0.21 |
| EBITDA | $136.4M | $129.4M | $126.3M | $128.6M | $126.7M | $122.8M | $123.0M | $129.6M | $130.9M | $128.3M | $46.1M | $131.7M |
| Operating cash flow | $125.2M | $62.8M | $99.7M | $96.7M | $116.5M | $46.3M | $103.7M | $97.5M | $130.0M | $72.4M | $112.7M | $103.1M |
| Free cash flow | $25.8M | $49.1M | $6.6M | -$24.0M | $43.5M | $35.3M | $14.1M | -$16.5M | $111.8M | $69.9M | $52.2M | -$28.3M |
| Diluted shares | 112.3M | 112.1M | 111.9M | 110.5M | 110.0M | 109.8M | 109.0M | 108.2M | 108.1M | 108.0M | 107.9M | 107.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $145.4M | $32.4M | $27.4M | $26.3M | $21.2M | $20.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $3.52B | $3.70B | $3.55B | $3.40B | $3.33B | $3.34B |
| Total assets | $6.47B | $6.60B | $6.27B | $6.14B | $6.06B | $6.08B |
| Total liabilities | $3.82B | $3.98B | $3.84B | $3.69B | $3.62B | $3.60B |
| Shareholders' equity | $2.59B | $2.57B | $2.38B | $2.39B | $2.38B | $2.42B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology