DOC Healthpeak Properties

Q2 2025 10-Q
Filed: Jul 25, 2025Period ending Jun 30, 2025
Financials
Real Estate Investment TrustsSEC EDGAR

Healthpeak Properties (DOC) 10-Q quarterly report for Q2 2025, filed with SEC EDGAR on Jul 25, 2025 for the fiscal period ending Jun 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q2 2025 10-Q

Management Discussion & Analysis

  • Net cash from operating activities $642.9M, up $174.15M vs $468.8M in 1H 2024, driven by merger synergies and property gains
  • Net cash used in investing activities $441.0M vs net cash provided $89.7M in 1H 2024, $530.7M increase due to lower sales proceeds and higher development spend
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Risk Factors

  • New risk: Increased loan loss reserves due to new and extended loans in 2024-2025 impacting credit loss model
  • Most material update: Debt increased $325M to $9B as of June 30, 2025, driven by $500M senior unsecured notes issuance and $625M commercial paper growth
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Quarterly Financial Summary
XBRL

Revenue

$149M

+5.7% YoY -0.0% QoQ

Net Income

$32M

-78.3% YoY -26.0% QoQ

Net Margin

21.3%

-8238bp YoY -748bp QoQ

EPS (Diluted)

$0.05

-77.3% YoY -16.7% QoQ

Operating Cash Flow

$363M

+15.0% YoY +30.1% QoQ

Source: XBRL data from Healthpeak Properties Q2 2025 10-Q filing on SEC EDGAR. All figures in USD.

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