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Highwoods Properties HIW Total Operating Expenses

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Other financials

Income statement

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Revenue$214.0M+6.8%
Net income$33.4M-66.6%
EPS (diluted)$0.29-68.1%

Balance sheet

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Cash & equivalents$52.6M+33.2%
Total debt$27.1M-2.4%
Total equity$2.4B-1.7%
Total assets$6.6B+8.6%

Cash flow

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Operating cash flow$62.8M+35.7%
CapEx-$2.8M-128%
Free cash flow$94.7M+1.9%

Valuation

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Market cap$3.47B+10.6%
P/E36.2×+12.9×
P/S4.2×+0.4×

Profitability

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Net margin11.7%-10.4pp
FCF margin50%+5.0pp

Returns & leverage

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Return on equity4%-3.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Highwoods Properties in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Highwoods Properties’s 10-Q, filed April 28, 2026.

Filed
Apr 28, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000921082-26-000035
Line itemThree Months Ended March 31, 20262025
Rental property and other expenses71,11865,034
Depreciation and amortization77,53771,405
General and administrative13,43412,457
Total operating expenses162,089148,896
Interest expense41,69636,642
Other income3,1681,625
Gains on disposition of property16,96382,215
Equity in earnings of unconsolidated affiliates2,9851,315

Item 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

FAQ

What is Highwoods Properties's total operating expenses?
Highwoods Properties (HIW) reported total operating expenses of $162.09M in Q1 2026.
How has Highwoods Properties's total operating expenses changed year-over-year?
Highwoods Properties's total operating expenses increased by 8.9% year-over-year, from $148.9M to $162.09M.
What is the long-term trend for Highwoods Properties's total operating expenses?
Over 4 years (2021 to 2025), Highwoods Properties's total operating expenses has grown at a 3.1% compound annual growth rate (CAGR), from $536.24M to $605.43M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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