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Side-by-side financial comparison of Hudson Pacific Properties, Inc. (HPP) and Navigator Holdings Ltd. (NVGS). 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 $129.6M, roughly 2.0× Navigator Holdings Ltd.). Navigator Holdings Ltd. runs the higher net margin — 16.5% vs -109.4%, a 126.0% gap on every dollar of revenue. On growth, Hudson Pacific Properties, Inc. posted the faster year-over-year revenue change (22.1% vs -11.6%).
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.
Navigator Holdings Ltd. is a global maritime transport firm specializing in liquefied gas carrier operations. It offers seaborne transport for liquefied petroleum gas, ammonia, ethylene and other specialty liquefied gases, serving clients across the global energy, petrochemical and industrial manufacturing sectors.
HPP vs NVGS — Head-to-Head
Income Statement — Q3 FY2026 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $256.0M | $129.6M |
| Net Profit | $-280.2M | $21.5M |
| Gross Margin | — | — |
| Operating Margin | 18.6% | 15.8% |
| Net Margin | -109.4% | 16.5% |
| Revenue YoY | 22.1% | -11.6% |
| Net Profit YoY | -61.5% | -7.7% |
| EPS (diluted) | — | $0.31 |
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.
| Q3 26 | $256.0M | — | ||
| Q1 26 | $181.9M | — | ||
| Q4 25 | $256.0M | — | ||
| Q3 25 | $186.6M | — | ||
| Q2 25 | $190.0M | $129.6M | ||
| Q1 25 | $198.5M | — | ||
| Q4 24 | $209.7M | — | ||
| Q3 24 | $200.4M | — |
| Q3 26 | $-280.2M | — | ||
| Q1 26 | $-50.9M | — | ||
| Q4 25 | $-280.2M | — | ||
| Q3 25 | $-144.1M | — | ||
| Q2 25 | $-87.8M | $21.5M | ||
| Q1 25 | $-80.3M | — | ||
| Q4 24 | $-173.5M | — | ||
| Q3 24 | $-107.0M | — |
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 60.0% | — | ||
| Q3 25 | 44.3% | — | ||
| Q2 25 | 43.1% | — | ||
| Q1 25 | 42.9% | — | ||
| Q4 24 | 44.7% | — | ||
| Q3 24 | 42.7% | — |
| Q3 26 | 18.6% | — | ||
| Q1 26 | -7.1% | — | ||
| Q4 25 | -109.8% | — | ||
| Q3 25 | -77.2% | — | ||
| Q2 25 | -46.0% | 15.8% | ||
| Q1 25 | -40.4% | — | ||
| Q4 24 | -83.2% | — | ||
| Q3 24 | -52.3% | — |
| Q3 26 | -109.4% | — | ||
| Q1 26 | -28.0% | — | ||
| Q4 25 | -109.4% | — | ||
| Q3 25 | -77.2% | — | ||
| Q2 25 | -46.2% | 16.5% | ||
| Q1 25 | -40.5% | — | ||
| Q4 24 | -82.7% | — | ||
| Q3 24 | -53.4% | — |
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $-11.57 | — | ||
| Q3 25 | $-0.30 | — | ||
| Q2 25 | $-0.41 | $0.31 | ||
| Q1 25 | $-0.53 | — | ||
| Q4 24 | $-1.19 | — | ||
| Q3 24 | $-0.69 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $138.4M | $238.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.2B | $1.2B |
| Total Assets | $7.3B | $2.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 26 | $138.4M | — | ||
| Q1 26 | $138.0M | — | ||
| Q4 25 | $138.4M | — | ||
| Q3 25 | $190.4M | — | ||
| Q2 25 | $236.0M | $238.1M | ||
| Q1 25 | $86.5M | — | ||
| Q4 24 | $63.3M | — | ||
| Q3 24 | $90.7M | — |
| Q3 26 | $3.2B | — | ||
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.0B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $3.4B | $1.2B | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $3.0B | — |
| Q3 26 | $7.3B | — | ||
| Q1 26 | $7.2B | — | ||
| Q4 25 | $7.3B | — | ||
| Q3 25 | $7.8B | — | ||
| Q2 25 | $8.1B | $2.4B | ||
| Q1 25 | $8.0B | — | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $8.3B | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HPP
| Rental revenues | $216.8M | 85% |
| Other | $35.6M | 14% |
| Service and other revenues | $3.7M | 1% |
NVGS
| Time Charters | $91.5M | 71% |
| Voyage Charters | $25.7M | 20% |
| Other | $12.4M | 10% |
