For Q1 FY2026 ended March 31, 2026, Piedmont Realty Trust reported revenue of $143.3 million, up 42.6% year-over-year. Net loss was $12.9 million, widening 27.9% from the prior year. Diluted EPS was -$0.10, compared to -$0.08 a year ago. Operating income was $31.7 million (based on data from September 2018, not current quarter).
•Revenue increased 42.6% YoY to $143.3 million.
•Net loss widened to $12.9 million from $10.1 million.
•Diluted EPS was -$0.10, down from -$0.08.
•Cash and equivalents were $2.3 million; long-term debt was $2.25 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Piedmont Realty Trust is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. As an owner, manager, developer and operator of approximately 16 MM SF of Class A properties across major U.S. Sunbelt markets, Piedmont Realty Trust is known for its hospitality-driven approach and commitment to transforming buildings into premier piedmont places that enhance each client's workplace experience. Piedmont Realty Trust, Inc. was incorporated in 1997 and is based in Atlanta, United States.
Piedmont Realty Trust, Inc. is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. The company operates as an owner, manager, developer, and operator of approximately 16 million square feet of Class A office properties across major U.S. Sunbelt markets. Known for its hospitality-driven approach, Piedmont Realty Trust is committed to transforming buildings into premier 'piedmont places' that enhance each client's workplace experience. The company's primary business involves leasing and managing high-quality office spaces, providing services that go beyond traditional property management to create a superior tenant experience.
Where is Piedmont Realty Trust (PDM) listed and in which currency?
Piedmont Realty Trust, Inc. is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol PDM. The company's financials and share prices are denominated in United States Dollars (USD). As a U.S.-based real estate investment trust (REIT), its stock is listed on a major American exchange, providing liquidity and access to investors globally. The NYSE listing and USD denomination are standard for U.S. real estate companies, allowing investors to trade shares in the primary currency of the U.S. market.
What sector and industry does Piedmont Realty Trust (PDM) operate in?
Piedmont Realty Trust operates in the Real Estate sector, specifically within the REIT - Office industry. As a real estate investment trust (REIT), the company is required to distribute at least 90% of its taxable income to shareholders in the form of dividends, which is a common structure for real estate companies. The office REIT industry focuses on owning, managing, and leasing office properties to generate rental income. Piedmont Realty Trust's portfolio consists of Class A office properties, which are high-quality buildings in prime locations, catering to tenants seeking premium office environments.
Where is Piedmont Realty Trust headquartered and what markets does it serve?
Piedmont Realty Trust, Inc. is headquartered in Atlanta, Georgia, United States. The company was incorporated in 1997 and has since focused on major Sunbelt markets across the U.S., including cities such as Atlanta, Dallas, and other high-growth regions in the southern and southwestern United States. The Sunbelt is known for its favorable business climate, population growth, and strong demand for office space. By concentrating on these markets, Piedmont Realty Trust leverages economic expansion and demographic trends to maintain high occupancy rates and drive rental income from its Class A office properties.
How does Piedmont Realty Trust (PDM) generate revenue and what is its business model?
Piedmont Realty Trust generates revenue primarily through leasing its portfolio of approximately 16 million square feet of Class A office properties to a diverse base of tenants. As a fully integrated, self-managed REIT, the company handles all aspects of property ownership, management, development, and operations internally, which allows for greater control over costs and tenant relationships. The business model focuses on a hospitality-driven approach, aiming to create 'piedmont places' that enhance the workplace experience, thereby attracting and retaining high-quality tenants. Revenue is derived from base rents, escalations, and reimbursements for operating expenses, with additional income from parking and other services. The company's strategy emphasizes properties in Sunbelt markets, where economic growth supports stable occupancy and rent growth.