Healthpeak Properties

Healthpeak PropertiesDOCEarnings & Financial Report

NYSE · Real Estate · Health Care REITs

Healthpeak Properties, Inc. is an American real estate investment trust that invests in real estate related to the healthcare industry including senior housing, life science, and medical offices. It was organized in 2007 in Maryland and headquartered in Denver, Colorado with offices in Irvine, Nashville and San Francisco. As of December 31, 2019, the company owned interests in 617 properties.

DOC Q1 FY2026 Key Financial Metrics

Revenue

$702.9M

Gross Profit

N/A

Operating Profit

$5.6M

Net Profit

$363.0M

Gross Margin

N/A

Operating Margin

0.7%

Net Margin

51.6%

YoY Growth

-6.6%

EPS

$0.28

Healthpeak Properties Q1 FY2026 Financial Summary

Healthpeak Properties reported revenue of $702.9M (down 6.6% YoY) for Q1 FY2026, with a net profit of $363.0M (up 28.3% YoY) (51.6% margin).

Key Financial Metrics

Total Revenue$702.9M
Net Profit$363.0M
Gross MarginN/A
Operating Margin0.7%
Report PeriodQ1 FY2026

Revenue Breakdown

Healthpeak Properties Q1 FY2026 revenue of $702.9M breaks down across 5 segments, led by Outpatient Medical at $320.5M (45.6% of total).

SegmentRevenue% of Total
Outpatient Medical$320.5M45.6%
Lab$217.6M31.0%
Senior Housing$148.9M21.2%
Other$14.3M2.0%
Corporate Non-segment$1.5M0.2%

Healthpeak Properties Annual Revenue by Year

Healthpeak Properties annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.8B).

YearAnnual Revenue
2025$2.8Bvs 2024
2024$2.7Bvs 2023
2023$527.4Mvs 2022
2022$494.9M

Healthpeak Properties Quarterly Revenue & Net Profit History

Healthpeak Properties results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$702.9M-6.6%$363.0M51.6%
Q4 FY2025$719.4M+3.1%$114.0M73.2%
Q3 FY2025$705.9M+0.8%$-117.1M-16.6%
Q2 FY2025$694.3M-0.2%$31.7M4.6%
Q1 FY2025$702.9M+15.9%$42.8M6.1%
Q4 FY2024$698.0M+26.1%$4.5M0.7%
Q3 FY2024$700.4M+25.9%$85.9M12.3%
Q2 FY2024$695.5M+27.5%$146.0M21.0%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$695.5M$700.4M$698.0M$702.9M$694.3M$705.9M$719.4M$702.9M
YoY Growth27.5%25.9%26.1%15.9%-0.2%0.8%3.1%-6.6%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$20.18B$19.97B$19.94B$19.82B$19.81B$19.58B$20.34B$21.62B
Liabilities$10.76B$10.75B$10.88B$10.97B$11.22B$11.32B$12.03B$12.56B
Equity$8.76B$8.56B$8.40B$8.19B$7.93B$7.60B$7.50B$7.83B

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$316.2M$318.2M$1.07B$279.4M$363.5M$315.0M$1.25B