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Side-by-side financial comparison of reAlpha Tech Corp. (AIRE) and Hudson Pacific Properties, Inc. (HPP). Click either name above to swap in a different company.

Hudson Pacific Properties, Inc. is the larger business by last-quarter revenue ($256.0M vs $895.3K, roughly 286.0× reAlpha Tech Corp.). Hudson Pacific Properties, Inc. runs the higher net margin — -109.4% vs -541.6%, a 432.2% gap on every dollar of revenue. On growth, reAlpha Tech Corp. posted the faster year-over-year revenue change (70.1% vs 22.1%). Over the past eight quarters, reAlpha Tech Corp.'s revenue compounded faster (562.1% CAGR vs 9.4%).

reAlpha Tech Corp is a proptech firm that leverages artificial intelligence to identify, acquire, and operate high-yield short-term residential rental properties primarily across the United States. It provides tech-powered property management solutions to enhance guest experiences and maximize returns for individual and institutional real estate investors.

Hudson Pacific Properties is a real estate investment trust with 15.8 million square feet of office buildings, 1.5 million square feet of sound stages, and undeveloped rights for 3 million square feet of additional commercial property. Its properties are on the West Coast of the United States and Vancouver. It is organized in Maryland and headquartered in Los Angeles. It is the largest independent operator of sound stages in Los Angeles.

AIRE vs HPP — Head-to-Head

Bigger by revenue
HPP
HPP
286.0× larger
HPP
$256.0M
$895.3K
AIRE
Growing faster (revenue YoY)
AIRE
AIRE
+48.0% gap
AIRE
70.1%
22.1%
HPP
Higher net margin
HPP
HPP
432.2% more per $
HPP
-109.4%
-541.6%
AIRE
Faster 2-yr revenue CAGR
AIRE
AIRE
Annualised
AIRE
562.1%
9.4%
HPP

Income Statement — Q4 2025 vs Q4 2025

Metric
AIRE
AIRE
HPP
HPP
Revenue
$895.3K
$256.0M
Net Profit
$-4.8M
$-280.2M
Gross Margin
62.7%
60.0%
Operating Margin
-507.8%
-109.8%
Net Margin
-541.6%
-109.4%
Revenue YoY
70.1%
22.1%
Net Profit YoY
76.9%
-61.5%
EPS (diluted)
$-0.02
$-11.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIRE
AIRE
HPP
HPP
Q4 25
$895.3K
$256.0M
Q3 25
$1.4M
$186.6M
Q2 25
$1.3M
$190.0M
Q1 25
$925.6K
$198.5M
Q4 24
$526.4K
$209.7M
Q3 24
$339.2K
$200.4M
Q2 24
$62.4K
$218.0M
Q1 24
$20.4K
$214.0M
Net Profit
AIRE
AIRE
HPP
HPP
Q4 25
$-4.8M
$-280.2M
Q3 25
$-5.8M
$-144.1M
Q2 25
$-4.1M
$-87.8M
Q1 25
$-2.8M
$-80.3M
Q4 24
$-21.0M
$-173.5M
Q3 24
$-2.1M
$-107.0M
Q2 24
$-1.5M
$-47.6M
Q1 24
$-1.4M
$-53.4M
Gross Margin
AIRE
AIRE
HPP
HPP
Q4 25
62.7%
60.0%
Q3 25
51.9%
44.3%
Q2 25
49.6%
43.1%
Q1 25
56.0%
42.9%
Q4 24
71.1%
44.7%
Q3 24
66.6%
42.7%
Q2 24
70.7%
48.0%
Q1 24
10.7%
48.6%
Operating Margin
AIRE
AIRE
HPP
HPP
Q4 25
-507.8%
-109.8%
Q3 25
-342.4%
-77.2%
Q2 25
-326.5%
-46.0%
Q1 25
-261.7%
-40.4%
Q4 24
-524.6%
-83.2%
Q3 24
-479.1%
-52.3%
Q2 24
-1939.6%
-21.6%
Q1 24
-6397.0%
-24.9%
Net Margin
AIRE
AIRE
HPP
HPP
Q4 25
-541.6%
-109.4%
Q3 25
-400.1%
-77.2%
Q2 25
-328.3%
-46.2%
Q1 25
-307.9%
-40.5%
Q4 24
-3994.4%
-82.7%
Q3 24
-618.6%
-53.4%
Q2 24
-2370.9%
-21.8%
Q1 24
-6946.9%
-24.9%
EPS (diluted)
AIRE
AIRE
HPP
HPP
Q4 25
$-0.02
$-11.57
Q3 25
$-0.07
$-0.30
Q2 25
$-0.08
$-0.41
Q1 25
$-0.06
$-0.53
Q4 24
$-0.47
$-1.19
Q3 24
$-0.05
$-0.69
Q2 24
$-0.03
$-0.33
Q1 24
$-0.03
$-0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIRE
AIRE
HPP
HPP
Cash + ST InvestmentsLiquidity on hand
$7.8M
$138.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$11.5M
$3.0B
Total Assets
$21.7M
$7.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIRE
AIRE
HPP
HPP
Q4 25
$7.8M
$138.4M
Q3 25
$190.4M
Q2 25
$587.3K
$236.0M
Q1 25
$1.2M
$86.5M
Q4 24
$3.1M
$63.3M
Q3 24
$7.1M
$90.7M
Q2 24
$3.7M
$78.5M
Q1 24
$4.8M
$114.3M
Total Debt
AIRE
AIRE
HPP
HPP
Q4 25
Q3 25
Q2 25
$152.9K
Q1 25
Q4 24
$241.1K
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AIRE
AIRE
HPP
HPP
Q4 25
$11.5M
$3.0B
Q3 25
$10.9M
$3.2B
Q2 25
$-1.1M
$3.4B
Q1 25
$-972.3K
$2.8B
Q4 24
$1.6M
$2.9B
Q3 24
$22.5M
$3.0B
Q2 24
$22.2M
$3.1B
Q1 24
$23.3M
$3.2B
Total Assets
AIRE
AIRE
HPP
HPP
Q4 25
$21.7M
$7.3B
Q3 25
$19.7M
$7.8B
Q2 25
$15.5M
$8.1B
Q1 25
$18.5M
$8.0B
Q4 24
$12.0M
$8.1B
Q3 24
$34.2M
$8.3B
Q2 24
$24.6M
$8.4B
Q1 24
$25.4M
$8.3B
Debt / Equity
AIRE
AIRE
HPP
HPP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.15×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIRE
AIRE
HPP
HPP
Operating Cash FlowLast quarter
$-2.4M
$59.3M
Free Cash FlowOCF − Capex
$-2.4M
FCF MarginFCF / Revenue
-270.9%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-11.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIRE
AIRE
HPP
HPP
Q4 25
$-2.4M
$59.3M
Q3 25
$-4.2M
$33.2M
Q2 25
$-2.3M
$-2.0M
Q1 25
$-2.3M
$30.5M
Q4 24
$-2.2M
$162.0K
Q3 24
$-1.3M
$63.7M
Q2 24
$-1.0M
$35.6M
Q1 24
$-1.5M
$65.1M
Free Cash Flow
AIRE
AIRE
HPP
HPP
Q4 25
$-2.4M
Q3 25
$-4.3M
Q2 25
$-2.3M
Q1 25
$-2.3M
Q4 24
Q3 24
$-1.3M
Q2 24
Q1 24
FCF Margin
AIRE
AIRE
HPP
HPP
Q4 25
-270.9%
Q3 25
-294.1%
Q2 25
-187.5%
Q1 25
-246.4%
Q4 24
Q3 24
-372.2%
Q2 24
Q1 24
Capex Intensity
AIRE
AIRE
HPP
HPP
Q4 25
1.1%
Q3 25
0.4%
Q2 25
1.1%
Q1 25
1.5%
Q4 24
Q3 24
2.2%
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIRE
AIRE

Segment breakdown not available.

HPP
HPP

Core Office$217.1M85%
Studio Segment$21.8M9%
Ancillary Revenue$20.2M8%
Chargebacks$3.3M1%

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