Healthpeak PropertiesDOCEarnings & Financial Report
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.
Revenue
$705.9M
Gross Profit
$414.0M
Operating Profit
$65.2M
Net Profit
$-117.1M
Gross Margin
58.6%
Operating Margin
9.2%
Net Margin
-16.6%
YoY Growth
0.8%
EPS
$-0.17
Healthpeak Properties Q3 FY2025 Financial Summary
Healthpeak Properties reported revenue of $705.9M (up 0.8% YoY) for Q3 FY2025, with a net profit of $-117.1M (down 236.4% YoY) (-16.6% margin). Cost of goods sold was $291.9M, operating expenses totaled $348.7M.
Key Financial Metrics
| Total Revenue | $705.9M |
|---|---|
| Net Profit | $-117.1M |
| Gross Margin | 58.6% |
| Operating Margin | 9.2% |
| Report Period | Q3 FY2025 |
Healthpeak Properties Annual Revenue by Year
Healthpeak Properties annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.8B |
| 2024 | $2.7B |
| 2023 | $527.4M |
| 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.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $719.4M | +3.1% | $114.0M | 73.2% |
| Q3 FY2025 | $705.9M | +0.8% | $-117.1M | -16.6% |
| Q2 FY2025 | $694.3M | -0.2% | $31.7M | 4.6% |
| Q1 FY2025 | $702.9M | +15.9% | $42.8M | 6.1% |
| Q4 FY2024 | $698.0M | +26.1% | $4.5M | 0.7% |
| Q3 FY2024 | $700.4M | +25.9% | $85.9M | 12.3% |
| Q2 FY2024 | $695.5M | +27.5% | $146.0M | 21.0% |
| Q1 FY2024 | $606.6M | +15.4% | $6.7M | 1.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $606.6M | $695.5M | $700.4M | $698.0M | $702.9M | $694.3M | $705.9M | $719.4M |
| YoY Growth | 15.4% | 27.5% | 25.9% | 26.1% | 15.9% | -0.2% | 0.8% | 3.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $20.54B | $20.18B | $19.97B | $19.94B | $19.82B | $19.81B | $19.58B | $20.34B |
| Liabilities | $10.94B | $10.76B | $10.75B | $10.88B | $10.97B | $11.22B | $11.32B | $12.03B |
| Equity | $8.88B | $8.76B | $8.56B | $8.40B | $8.19B | $7.93B | $7.60B | $7.50B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $152.6M | $316.2M | $318.2M | $1.07B | $279.4M | $363.5M | $315.0M | $1.25B |