Piedmont Realty Trust (PDM)
Owns and operates Class A office properties across major U.S. Sunbelt markets.
$9.37
After hours−0.02 (−0.16%)
At close$9.39(+0.59%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 147 | 145 | 145 | 143 | 139 | 143 | 143 | 140 | 139 | 143 | 143 | 144 |
| Cost of revenue | 60 | 59 | 59 | 59 | 58 | 59 | 58 | 111 | 56 | 175 | 176 | 0 |
| Gross profit | 87 | 86 | 85 | 85 | 82 | 85 | 85 | 29 | 83 | −32 | −33 | 144 |
| 7 | 7 | 65 | 65 | 63 | 69 | 64 | 8 | 65 | −51 | −51 | 68 | |
| 7 | 7 | 8 | 8 | 7 | 13 | 8 | 8 | 8 | 7 | 8 | 8 | |
| General & administrative | 7 | 7 | 8 | 8 | 7 | 13 | 8 | 8 | 8 | 7 | 8 | 8 |
| Other expenses | 0 | 0 | 57 | 57 | 56 | 57 | 56 | 0 | 57 | −58 | −59 | 59 |
| Operating income | 80 | 79 | 20 | 19 | 19 | 15 | 21 | 21 | 18 | 19 | 19 | 77 |
| −97 | −107 | −48 | −29 | −30 | −45 | −31 | −38 | −32 | −62 | −32 | −32 | |
| Interest expense | 27 | 28 | 30 | 30 | 32 | 32 | 32 | 32 | 32 | 32 | 31 | 32 |
| Other non-operating income | 58 | 62 | 19 | 0 | −2 | 14 | −1 | 6 | 0 | 30 | 0 | 0 |
| Income before tax | −17 | −28 | −28 | −10 | −12 | −30 | −10 | −17 | −13 | −43 | −13 | 45 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56 |
| Net income from continuing operations | −17 | −28 | −28 | −10 | −12 | −30 | −10 | −17 | −13 | −43 | −13 | −11 |
| Other adjustments | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −17 | −28 | −28 | −10 | −12 | −30 | −10 | −17 | −13 | −43 | −13 | −11 |
| EPS, basic | −$0.14 | −$0.23 | −$0.22 | −$0.08 | −$0.09 | −$0.24 | −$0.08 | −$0.14 | −$0.11 | −$0.35 | −$0.10 | −$0.09 |
| EPS, diluted | −$0.14 | −$0.23 | −$0.22 | −$0.08 | −$0.09 | −$0.24 | −$0.08 | −$0.14 | −$0.11 | −$0.35 | −$0.10 | −$0.09 |
| Weighted average shares, basic | 124 | 124 | 124 | 124 | 124 | 124 | 124 | 124 | 125 | 125 | 125 | 125 |
| Weighted average shares, diluted | 124 | 124 | 124 | 124 | 124 | 124 | 124 | 124 | 125 | 125 | 125 | 125 |
| EBITDA | 57 | 68 | 59 | 76 | 77 | 58 | 79 | 71 | 76 | 47 | 78 | 122 |
| Depreciation & amortization | 35 | 51 | 57 | 57 | 56 | 57 | 57 | 55 | 57 | 58 | 59 | 45 |
| EBIT | 22 | 17 | 2 | 20 | 21 | 2 | 22 | 15 | 19 | −11 | 18 | 77 |
