NYSE$HIW
Highwoods Properties Inc · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Reported positive net income and strong leasing activity in the fourth quarter.
Highwoods delivered solid Q4 2025 results with positive net income, strong FFO generation and robust second-generation leasing activity, alongside meaningful GAAP rent growth.
- Generated positive net income and strong FFO in Q4 2025
- Signed significant second-generation leasing volume
- Achieved double-digit GAAP rent growth
- Maintained stable occupancy and leasing momentum
Headline financials
Revenue & EPS history
Highwoods · Revenue · Quarterly
$203M
Forward guidance
Management provided 2026 FFO guidance reflecting expected occupancy gains and embedded NOI growth.
Tailwinds
- Expected return to FFO growth in 2026
- Occupancy expected to increase through the year
- Embedded NOI growth from development pipeline
- Healthy Sun Belt market fundamentals
- Strong leasing momentum entering 2026
Headwinds
- Potential economic and demand uncertainty
- Interest rate sensitivity
- Execution risk on asset dispositions
- Timing impacts from capital rotation
- Exposure to office market conditions
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2025
+0.2%
Avg return
Earnings day
+0.1%
Avg return
5 days after
-0.3%
Avg return
30 days after
54%
37 / 69 earnings
Positive
+8.7%
Q1 2020
Best reaction
-10.2%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.8% | -1.8% | +4.8% | |
| Q4 2025 | -10.2% | -11.0% | -17.5% | |
| Q3 2025 | -3.5% | -3.4% | -5.8% | |
| Q2 2025 | -4.0% | -5.9% | +4.2% | |
| Q1 2025 | +2.6% | +5.3% | +7.1% | |
| Q4 2024 | -2.0% | +0.4% | -3.0% | |
| Q3 2024 | +0.5% | -2.1% | -10.4% | |
| Q2 2024 | +3.7% | +8.8% | +11.0% | |
| Q1 2024 | +4.8% | +3.9% | +2.5% | |
| Q4 2023 | +4.1% | +9.7% | +12.5% | |
| Q3 2023 | -4.0% | -2.6% | -1.0% | |
| Q2 2023 | -0.0% | -1.1% | -10.1% | |
| Q1 2023 | -1.9% | +0.5% | -11.1% | |
| Q4 2022 | -1.0% | -1.0% | -15.9% | |
| Q3 2022 | +6.4% | +8.1% | +10.0% | |
| Q2 2022 | -1.4% | +1.5% | -8.3% | |
| Q1 2022 | -3.4% | -7.1% | -12.3% | |
| Q4 2021 | -1.6% | -1.1% | +4.5% | |
| Q3 2021 | -2.3% | -2.4% | +1.0% | |
| Q2 2021 | +1.1% | +1.4% | -4.2% | |
| Q1 2021 | +2.1% | +2.4% | +4.0% | |
| Q4 2020 | -1.9% | -2.5% | +4.1% | |
| Q3 2020 | -8.6% | -8.4% | +20.4% | |
| Q2 2020 | +6.5% | +3.6% | +2.1% | |
| Q1 2020 | +8.7% | -0.1% | +4.7% | |
| Q4 2019 | +2.5% | +2.6% | -5.1% | |
| Q3 2019 | +0.4% | +3.0% | +4.8% | |
| Q2 2019 | +4.8% | +6.5% | +3.4% | |
| Q1 2019 | +0.2% | +1.0% | -0.7% | |
| Q4 2018 | +1.2% | +3.2% | -1.0% | |
| Q3 2018 | -0.9% | -2.2% | -2.8% | |
| Q2 2018 | -0.6% | -2.5% | -0.7% | |
| Q1 2018 | +2.1% | +5.3% | +9.8% | |
| Q4 2017 | -2.1% | -3.6% | -2.9% | |
| Q3 2017 | -0.6% | -1.2% | -1.4% | |
| Q2 2017 | +2.2% | +2.0% | +1.9% | |
| Q1 2017 | +0.4% | -0.7% | -0.0% | |
| Q4 2016 | -0.5% | +0.4% | -1.6% | |
| Q3 2016 | -1.8% | -2.9% | -5.3% | |
| Q2 2016 | -0.9% | -2.0% | -4.8% | |
| Q1 2016 | +0.9% | — | — | |
| Q4 2015 | -0.1% | — | — | |
| Q3 2015 | +1.2% | — | — | |
| Q2 2015 | -2.0% | — | — | |
| Q1 2015 | -2.4% | — | — | |
| Q4 2014 | +0.1% | — | — | |
| Q3 2014 | +0.3% | — | — | |
| Q2 2014 | +0.7% | — | — | |
| Q1 2014 | +1.9% | — | — | |
| Q4 2013 | +1.1% | — | — | |
| Q3 2013 | -0.1% | — | — | |
| Q2 2013 | +1.2% | — | — | |
| Q1 2013 | -1.7% | — | — | |
| Q4 2012 | +0.2% | — | — | |
| Q3 2012 | +2.1% | — | — | |
| Q2 2012 | +2.7% | — | — | |
| Q1 2012 | +0.6% | — | — | |
| Q4 2011 | -0.1% | — | — | |
| Q3 2011 | +3.6% | — | — | |
| Q2 2011 | +3.8% | — | — | |
| Q1 2011 | -1.3% | — | — | |
| Q1 2010 | -1.3% | — | — | |
| Q4 2010 | +1.1% | — | — | |
| Q4 2008 | +1.1% | — | — | |
| Q3 2009 | -3.0% | — | — | |
| Q3 2010 | -3.0% | — | — | |
| Q2 2010 | +3.4% | — | — | |
| Q2 2009 | +3.4% | — | — | |
| Q4 2009 | +3.4% | — | — |
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