Filing Flows › Piedmont Realty Trust (PDM) › Q4 2025
Piedmont Realty Trust (PDM) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 17, 2026
Piedmont Realty Trust (PDM) reported revenue of $143M for the fourth quarter 2025 (Q4 2025), -0.3% from a year earlier and +3% from the quarter before. Operating margin was 13.2%, net loss $43.2M (30.3% of revenue).
Piedmont Realty Trust, Q4 2025: revenue $143M (-0.3% year over year), operating margin 13.2%, net loss $43.2M, operating cash flow $50.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $143M | +3% | -0.3% |
| Operating profit | $18.9M | +3% | — |
| Net earnings | −$43.2M | — | — |
| Operating cash flow | $50.9M | +42% | -22% |
What changed
Revenue was $142.9M in Q4 2025, roughly flat year over year and up 3% from the previous quarter.
Operating profit was $18.9M, a 13.2% margin (up 13.2 points year over year). Total costs fell 13% while revenue was flat. The quarter ended with a net loss of $43.2M, wider than the previous quarter's $13.5M loss. Net interest and other expense of $62.1M was the main reason.
Operating cash flow was $50.9M (down 22% year over year). Non-cash charges added back $57.8M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items added $34.0M.
Questions
What was Piedmont Realty Trust's revenue in the fourth quarter 2025?
Piedmont Realty Trust (PDM) reported revenue of $143M for the fourth quarter 2025 (Q4 2025), -0.3% from a year earlier and +3% from the quarter before.
Was Piedmont Realty Trust profitable in the fourth quarter 2025?
Operating profit was $18.9M (13.2% of revenue) and net loss $43.2M.