Piedmont Realty Trust (PDM) Financial Statements & Analysis

Piedmont Realty Trust (PDM) Income Statement

Piedmont Realty Trust reported revenue of $564.99M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 0.9% from $570.32M a year earlier. Piedmont Realty Trust posted a net loss of $83.62M, compared with a net loss of $79.07M a year earlier. Gross margin was 59.7% and operating margin 14.1%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $144.12M, up 2.7% from the same quarter a year earlier.

Piedmont Realty Trust Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Piedmont Realty Trust, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	564.99	570.32	577.76	563.77	528.71	535.02	533.18	525.97	574.17
Cost of Revenue	682.05	234.12	235.09	226.06	210.93	214.93	211.38	209.34	220.63
Gross Profit	337.12	336.20	342.67	337.71	317.78	320.09	321.80	316.63	353.54
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-
Selling, General & Administrative	30.59	35.42	29.19	29.13	30.25	27.46	34.72	29.71	31.13
Operating Expenses	-196.50	261.96	265.40	253.68	236.86	231.33	34.72	200.96	225.79
Operating Income	79.45	40.41	47.82	84.03	80.92	88.76	287.08	115.67	81.30
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	128.01	122.98	101.26	65.66	51.29	54.99	61.59	61.02	68.12
Other Income/Expense	-163.05	-119.47	-96.19	62.80	-30.79	143.93	-57.66	14.63	59.84
Income
Income Before Tax	-83.60	-79.06	-48.42	146.83	-1.17	232.69	229.42	54.60	17.68
Income Tax Expense	0.00	0.00	-0.04	0.00	-0.38	0.00	0.16	-0.04	-43.26
Net Income	-83.62	-79.07	-48.39	146.83	-1.15	232.69	229.26	130.30	133.56
Net Income - Continuous Operations	-83.60	-79.06	-48.38	146.83	-1.17	232.69	229.26	130.30	133.56
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	261.71	247.15	231.07	437.04	256.73	292.63	216.41	288.55	396.33
EBIT	79.45	79.07	77.26	212.49	50.13	-	-	-	-
Depreciation & Amortization	182.27	168.08	153.80	224.55	206.61	203.87	112.01	410.30	446.42
Earnings Per Share
Basic EPS	-1.00	-1.00	-	1.00	-	2.00	1.00	1.00	1.00
Diluted EPS	-1.00	-1.00	-	1.00	-	2.00	1.00	1.00	1.00
Basic Shares Outstanding	124.44	123.94	123.66	123.35	123.08	125.73	125.71	126.22	142.36
Diluted Shares Outstanding	124.44	123.94	123.66	123.52	123.98	126.10	126.18	130.64	145.38

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Piedmont Realty Trust Financial Statements

What was Piedmont Realty Trust's revenue in fiscal 2025?

Piedmont Realty Trust reported revenue of $564.99M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 0.9% from $570.32M a year earlier.

Is Piedmont Realty Trust profitable?

No. Piedmont Realty Trust reported a net loss of $83.62M in fiscal 2025. In fiscal 2024 it lost $79.07M.

What is Piedmont Realty Trust's operating margin?

Piedmont Realty Trust's operating income was $79.44M on revenue of $564.99M in fiscal 2025, an operating margin of 14.1%, compared with 7.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition