NYSE$CIO

City Office REIT Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

City Office REIT reported Q2 2025 revenue of $42.3M, a net loss of $105.3M.

For Q2 2025, City Office REIT reported Revenue was $42.3M, net loss was $105.3M. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $42.3M for Q2 2025.
  • Net loss $105.3M.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$42.3M

Previous: $42.3M+0.0%
EPS (adj)

$0.28

Previous: $0.28+0.0%
Same Store Cash NOI Growth

1.8%

No prior period
In-Place Occupancy

82.5%

Previous: 83.0%-0.6%
Core FFO

$11.8M

No prior period
AFFO

$2.97M

No prior period
Total Leasing Activity

355.0K

No prior period
Common Stock Dividend

$0.10

No prior period
Preferred Stock Dividend

$0.41

No prior period
Total Portfolio Net Rentable SF

5.4M

No prior period
New Leasing Square Feet

163.0K

No prior period
Renewal Leasing Square Feet

192.0K

No prior period
New Lease Avg. Term

8.4

No prior period
New Lease Avg. Annual Rent

$31.45

No prior period
New Lease Avg. Cost

$8.30

No prior period
Renewal Lease Avg. Term

4

No prior period
Renewal Lease Avg. Annual Rent

$33.02

No prior period
Renewal Lease Avg. Cost

$3.91

No prior period
Total Principal Debt

$649M

No prior period
Fixed-Rate Debt %

81.9%

No prior period
Weighted Avg. Debt Maturity

1.4

No prior period
Weighted Avg. Interest Rate

5.2%

No prior period
Net Income

-$105M

Previous: -$3.63M-2803.5%
Operating Income

-$96.6M

Previous: $6.31M-1631.5%

Revenue & EPS history

City Office · Revenue · Quarterly

$42.3M

Q2 2025+0%vs Q2 2024
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Outlook emphasizes liquidity, cost discipline, and path to profitability or stable distributions.

Tailwinds

  • Strategic initiatives and balance-sheet actions.
  • Portfolio repositioning or development milestones.

Headwinds

  • Operating losses or impairment risk.
  • Financing costs and macro sensitivity.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-1.4%

Avg return

Earnings day

-3.9%

Avg return

5 days after

+0.4%

Avg return

30 days after

35%

15 / 43 earnings

Positive

+12.0%

Q1 2020

Best reaction

-13.1%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q3 2025+0.0%+0.3%+0.4%
Q2 2025+0.1%+0.7%+0.1%
Q1 2025-5.3%-6.7%-6.7%
Q4 2025+1.4%-2.2%-0.6%
Q3 2024-5.8%-2.2%+6.5%
Q2 2024-9.8%-10.6%-3.5%
Q1 2024+2.3%+0.6%+3.4%
Q4 2023-4.5%-11.6%+3.4%
Q3 2023+5.1%
Q2 2023-1.5%
Q1 2023-13.1%
Q4 2022-2.3%
Q3 2022-9.1%
Q2 2022-6.2%
Q1 2022-7.0%
Q4 2021-0.6%
Q3 2021-4.3%
Q2 2021+4.7%
Q1 2021-2.8%
Q4 2020-8.2%
Q3 2020-0.5%
Q2 2020+6.5%
Q1 2020+12.0%
Q4 2019-8.5%
Q3 2019-0.7%
Q2 2019+2.2%
Q1 2019+4.0%
Q4 2018-9.4%
Q3 2018-3.3%
Q2 2018-0.3%
Q1 2018+1.1%
Q4 2017+6.8%
Q3 2017-2.0%
Q2 2017-0.2%
Q1 2017+1.8%
Q4 2016-2.9%
Q3 2016+4.2%
Q2 2016-0.4%
Q1 2016+2.0%
Q4 2015-1.2%
Q3 2015-4.8%
Q2 2015+0.0%
Q1 2014+0.1%
Q3 2013
Q2 2013
Q1 2013
Q4 2012

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