NASDAQ:OPI · Office Properties Income Trust - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $108.87M | - | $120.62M | $123.69M | $139.44M | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $4.30M | - | $4.96M | $4.82M | $5.06M | - | $4.93M | $5.29M | $5.64M | - |
| Total Operating Expenses | $100.84M | - | $122.81M | $104.05M | $101.90M | - | $144.97M | $235.05M | $107.41M | - |
| D&A | $44.08M | - | $42.83M | $43.84M | $43.73M | - | $46.05M | $50.39M | $50.34M | - |
| Operating Income | ($93.28M) | - | ($66.48M) | ($40.96M) | ($45.48M) | - | ($58.02M) | $76.24M | ($4.90M) | - |
| Interest Expense | $42.21M | - | $53.26M | $52.51M | $53.38M | - | $42.58M | $38.35M | $35.48M | - |
| Income Tax | ($146.0K) | - | ($261.0K) | $94.0K | $137.0K | - | $230.0K | ($107.0K) | $56.0K | - |
| Net Income | ($93.02M) | - | ($66.34M) | ($41.19M) | ($45.87M) | - | ($58.41M) | $76.17M | ($5.18M) | - |
| EPS - Basic | ($1.26) | - | ($0.90) | ($0.58) | ($0.66) | - | ($1.14) | $1.56 | ($0.11) | - |
| EPS - Diluted | ($1.26) | - | ($0.90) | ($0.58) | ($0.66) | - | ($1.14) | $1.56 | ($0.11) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $26.31M | $29.49M | $44.61M | $78.18M | $63.74M | $261.32M | $22.36M | $13.50M | $23.51M | $12.31M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $3.47B | $3.49B | $3.50B | $3.56B | $3.57B | $3.82B | $3.73B | $3.80B | $3.96B | $3.99B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | $2.41B | - | - | - | $2.53B | - | - | - | $2.57B |
| Total Liabilities | $2.68B | $2.61B | $2.50B | $2.50B | $2.46B | $2.67B | $2.45B | $2.47B | $2.71B | $2.73B |
| Stockholders' Equity | $788.13M | $880.99M | $999.80M | $1.07B | $1.11B | $1.15B | $1.28B | $1.33B | $1.25B | $1.26B |
| Retained Earnings | ($401.33M) | ($308.31M) | ($189.32M) | ($122.99M) | ($81.80M) | ($35.93M) | $112.75M | $171.16M | $94.99M | $100.17M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($52.94M) | - | - | - | ($28.59M) | - | - | - | $26.63M | - |
| Investing Cash Flow | ($15.03M) | - | - | - | $15.03M | - | - | - | ($4.36M) | - |
| Financing Cash Flow | $75.00M | - | - | - | ($184.96M) | - | - | - | ($4.88M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -85.7% | - | -55.1% | -33.1% | -32.6% | - | - | - | - | - |
| EBITDA margin | -45.2% | - | -19.6% | 2.3% | -1.3% | - | - | - | - | - |
| Net margin | -85.4% | - | -55.0% | -33.3% | -32.9% | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 3.9% | - | 4.1% | 3.9% | 3.6% | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | -0.1% | - | - |
| Return on assets | -2.7% | - | -1.9% | -1.2% | -1.3% | - | -1.6% | 2.0% | -0.1% | - |
| Return on equity | -11.8% | - | -6.6% | -3.9% | -4.1% | - | -4.6% | 5.7% | -0.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | 2.73 | - | - | - | 2.20 | - | - | - | 2.05 |
| Debt / Assets | - | 0.69 | - | - | - | 0.66 | - | - | - | 0.64 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -2.2x | - | -1.2x | -0.8x | -0.9x | - | -1.4x | 2.0x | -0.1x | - |
| Equity multiplier | 4.40 | 3.96 | 3.50 | 3.34 | 3.23 | 3.32 | 2.91 | 2.86 | 3.17 | 3.18 |
| Liabilities / Assets | 0.77 | 0.75 | 0.71 | 0.70 | 0.69 | 0.70 | 0.66 | 0.65 | 0.68 | 0.69 |
| Efficiency | ||||||||||
| Asset turnover | 0.03 | - | 0.03 | 0.03 | 0.04 | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -21.9% | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -105.1% | - | -14.6% | - | -828.5% | - | -209.7% | - | - | - |
| Net income growth (YoY) | -102.8% | - | -13.6% | - | -784.8% | - | -198.1% | - | -1062.3% | - |
| EPS growth (YoY) | -90.9% | - | 21.1% | - | -500.0% | - | -178.0% | - | -1000.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -28.8% | -23.6% | -21.8% | -19.8% | -11.5% | -8.2% | -2.0% | -0.5% | -8.0% | -9.4% |
Peer comparison
Same SIC group: Real Estate
Comparing OFFICE PROPERTIES INCOME TRUST against the 5 most active filers in the same SIC group.