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Piedmont Office Realty Trust PDM New York — 2026 impairment charges

Other segment segments

Atlanta
$0
Boston
$0
Dallas
$0
Minneapolis
$0
Orlando
$0

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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$1.16B+24.3%
P/S+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:GoodwillImpairmentLoss.

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
Balance as of December 31, 2025:AtlantaDallasOrlandoNorthern Virginia/Washington, D.C.MinneapolisNew YorkBostonTotal
Goodwill$18,563$18,525$10,818$15,981$10,957$10,585$13,489$98,918
Accumulated impairment charges(15,981)(10,957)(5,000)(13,489)(45,427)
$18,563$18,525$10,818$5,585$53,491
2026 impairment charges
Balance as of June 30, 2026:
Goodwill$18,563$18,525$10,818$15,981$10,957$10,585$13,489$98,918
Accumulated impairment charges(15,981)(10,957)(5,000)(13,489)(45,427)
$18,563$18,525$10,818$5,585$53,491

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS.

FAQ

What is Piedmont Office Realty Trust's new york — 2026 impairment charges?
Piedmont Office Realty Trust (PDM) reported new york — 2026 impairment charges of $0 in Q2 2026.
What does new york — 2026 impairment charges mean?
The specific non-cash expense recognized during the period to write down the carrying value of assets within the New York segment. This charge reflects a management determination that the fair value of regional assets has fallen below their book value. It serves as a critical indicator of regional economic headwinds or underperforming property portfolios.

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