The financials
Highwoods Properties, Inc. by the numbers
Highwoods Properties, Inc. (HIW) reported revenue of $214M in Q1 2026 (quarter ended Mar 31, 2026), up 6.8% from the same quarter a year earlier. That came with net income of $33M (16% of revenue). For the full year FY2025, revenue was $806M (−2.4% year on year) and net income $163M. Its largest segment in Jun 2026 was Raleigh NC at $53M, 24% of the disclosed total, ahead of Nashville TN at 17%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $214M | $200M | +6.8% |
| Operating income | $143M | $135M | +5.6% |
| Net income | $33M | $100M | −67% |
| Diluted EPS | $0.29 | $0.91 | −68% |
| Operating | Revenue | Share |
|---|---|---|
| Raleigh NC | $53M | 24% |
| Nashville TN | $37M | 17% |
| Atlanta GA | $36M | 17% |
| Charlotte NC | $29M | 14% |
| Tampa FL | $24M | 11% |
| Orlando FL | $15M | 6.8% |
| Corporate And Other | $13M | 5.8% |
| Richmond VA | $6.9M | 3.2% |
| Dallas TX | $3.4M | 1.6% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $216.4M (+1.1%)
Charlotte NC grew +33% year on yearRichmond VA -26% year on year
Segment Latestquarter on quarteryear on year
- Raleigh NC$52.5M$52.5MQoQ +1.8%year on year +17%+1.8%+17%
- Nashville TN$37.0M$37.0MQoQ -3.1%year on year -6.7%-3.1%-6.7%
- Atlanta GA$36.4M$36.4MQoQ -0.30%year on year +0.29%-0.30%+0.29%
- Charlotte NC$29.2M$29.2MQoQ +5.8%year on year +33%+5.8%+33%
- Tampa FL$23.7M$23.7MQoQ +6.1%year on year +12%+6.1%+12%
- Orlando FL$14.7M$14.7MQoQ +0.82%year on year +0.80%+0.82%+0.80%
- Corporate And Other$12.5M$12.5MQoQ -1.6%year on year -2.7%-1.6%-2.7%
- Richmond VA$6.9M$6.9MQoQ -11%year on year -26%-11%-26%
- Dallas TX$3.4M$3.4MQoQ +27%year on year -+27%-