Filing Flows › Healthcare Realty Trust (HR) › Q1 2025
Healthcare Realty Trust (HR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Healthcare Realty Trust (HR) reported revenue of $299M for the first quarter 2025 (Q1 2025), -9% from a year earlier and -3% from the quarter before. Operating margin was -15.2%, net loss $45.4M (15.2% of revenue).
Healthcare Realty Trust, Q1 2025: revenue $299M (-8% year over year), operating margin -15.2%, net loss $45.4M, operating cash flow $47.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $299M | -3% | -9% |
| Operating profit | −$45.4M | — | — |
| Net earnings | −$45.4M | — | — |
| Operating cash flow | $47.8M | -65% | -37% |
| Free cash flow | $44.4M | -63% | -35% |
What changed
Revenue was $299.0M in Q1 2025, down 9% year over year and down 3% from the previous quarter.
Operating costs exceeded revenue by $45.4M, an operating margin of -15.2%. Total costs fell 46% while revenue fell 9%. The quarter ended with a net loss of $45.4M, narrower than the previous quarter's $108.2M loss. Minority interests bore $516K of it: to shareholders the quarter was a loss of $44.9M.
Operating cash flow was $47.8M (down 37% year over year). Non-cash charges added back $151.0M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $60.8M. Capital expenditures of $3.4M left free cash flow of $44.4M.
Questions
What was Healthcare Realty Trust's revenue in the first quarter 2025?
Healthcare Realty Trust (HR) reported revenue of $299M for the first quarter 2025 (Q1 2025), -9% from a year earlier and -3% from the quarter before.
Was Healthcare Realty Trust profitable in the first quarter 2025?
Operating loss was $45.4M (-15.2% of revenue) and net loss $45.4M.