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Other financials

Income statement

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Revenue$144.1M+2.7%
Net income-$11.1M+34.0%
EPS (diluted)-$0.09+35.7%

Balance sheet

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Cash & equivalents$16.8M+406%
Total debt$15.0K-85.0%
Total equity$1.5B-4.7%
Total assets$4.0B+1.7%

Cash flow

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Operating cash flow$64.3M+28.4%

Valuation

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Market cap$1.18B+21.7%
P/S2.1×+0.4×

Profitability

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Operating margin22%
Net margin-14.2%+2.9pp
FCF margin-34.4%

Returns & leverage

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Return on equity-5.3%+1.8pp

Where this comes from

Reported directly by Piedmont Office Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: Piedmont Office Realty Trust’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001042776-26-000063
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
144,123140,292287,417282,978
Expenses:
Property operating costs55,98655,610113,292113,524
Depreciation44,82540,64688,85281,539
Amortization14,48714,78529,75030,206
General and administrative8,2377,96016,14615,523
123,535119,001248,040240,792
Other income (expense):

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS.

FAQ

What is Piedmont Office Realty Trust's D&A?
Piedmont Office Realty Trust (PDM) reported D&A of $44.83M in Q2 2026.
How has Piedmont Office Realty Trust's D&A changed year-over-year?
Piedmont Office Realty Trust's D&A increased by 10.3% year-over-year, from $40.65M to $44.83M.
What is the long-term trend for Piedmont Office Realty Trust's D&A?
Over 4 years (2021 to 2025), Piedmont Office Realty Trust's D&A has grown at a 8.4% compound annual growth rate (CAGR), from $120.62M to $166.53M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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