OFFICE PROPERTIES INCOME TRUST

EDGAR

Annual consolidated revenue for 2025: about USD 442.6M, using the latest reported figures. The previous period, 2024, was about USD 502M.

Watchlist

Latest quarter

Revenue

109 million USD

2026 Q1 · USD

Exact inputs and evidence

Operating cash flow

-52.9 million USD

2026 Q1 · USD

Exact inputs and evidence
  • Operating Cash Flow: -52942000 USD Source
Cash and cash equivalents
26.3 million USD Source
Exact value

26308000 USD

Long-term debt including current maturities
2.41 billion USD Source
Exact value

2408626000 USD

Shares outstanding
73.9 million shares Source
Exact value

73941128 shares

Reported share-count change

5.54% · 3.88 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 70063086 shares · 2025-03-31· Source
  • 73941128 shares · 2026-03-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

438 million USD

2025-04-01 – 2026-03-31

Exact inputs and evidence
  • Revenue: 114499000 USD · 2025-04-01 – 2025-06-30 Source
  • Revenue: 109127000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 442556000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 337241000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 108868000 USD · 2026-01-01 – 2026-03-31 Source

Net income

-320 million USD

2025-04-01 – 2026-03-31

Exact inputs and evidence
  • Net income: -41186000 USD · 2025-04-01 – 2025-06-30 Source
  • Net income: -66339000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: -272374000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: -153392000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -93021000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-06.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 5 of 11 periods available· newest 2025-12-31
  • Operating income: 3 of 11 periods available· newest 2017-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 5 of 11 periods available· newest 2025-12-31
  • Total liabilities: 5 of 11 periods available· newest 2025-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • Cash and cash equivalents: 5 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 5 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 5 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -11.8%

    Prior period

    USD 501.98 million

    –

    Current period

    USD 442.56 million

    –

    Exact inputs and evidence

    442556000 − 501979000 = -59423000 USD

    501979000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    442556000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    −USD 136.27 million

    Prior period

    −USD 136.11 million

    –

    Current period

    −USD 272.37 million

    –

    Exact inputs and evidence

    -272374000 − -136107000 = -136267000 USD

    -136107000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -272374000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    -109.8%

    Prior period

    USD 67.17 million

    –

    Current period

    −USD 6.57 million

    –

    Exact inputs and evidence

    -6569000 − 67167000 = -73736000 USD

    67167000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -6569000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 442.56 million 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income −USD 272.37 million −62% of revenue

Cash

  • Operating cash flow −USD 6.57 million −1.5% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2017 13%83%
  • 2018 Not shown: operating income or net income is not reported.
  • 2019 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2017 2017-01-01 – 2017-12-31316532000 262214000 Derived 54318000 42228000 Derived 12090000 Unavailable
Source
2018 2018-01-01 – 2018-12-31426560000 UnavailableUnavailableUnavailable-21884000 Unavailable
Source
2019 2019-01-01 – 2019-12-31678404000 UnavailableUnavailableUnavailable30335000 Unavailable
Source
2024 2024-01-01 – 2024-12-31501979000 UnavailableUnavailableUnavailable-136107000 Unavailable
Source
2025 2025-01-01 – 2025-12-31442556000 UnavailableUnavailableUnavailable-272374000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 442.6M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.732.7M549.5M366.3M183.2M0.020172018201920242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2017Revenue316532000
2018Revenue426560000
2019Revenue678404000
2024Revenue501979000
2025Revenue442556000

Revenue growth

Change in revenue from the same financial period one year earlier.

-11.8% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.65%44%24%3%-18%20172018201920242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2017Year over yearNo prior comparable period
2018Year over year34.8%
2019Year over year59%
2024Year over yearNo prior comparable period
2025Year over year-11.8%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 17.2% 2017
Net margin -61.5% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.23%1%-22%-45%-68%20172018-12-312019-12-312024-12-312025-12-31
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2017Operating margin17.2%
2018-12-31Operating marginNot reported
2019-12-31Operating marginNot reported
2024-12-31Operating marginNot reported
2025-12-31Operating marginNot reported
2017Net margin3.8%
2018Net margin-5.1%
2019Net margin4.5%
2024Net margin-27.1%
2025Net margin-61.5%
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD -6.6M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.233.1M168.7M104.4M40.0M-24.3M20172018201920242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2017Operating cash flow137554000
2018Operating cash flow144916000
2019Operating cash flow215329000
2024Operating cash flow67167000
2025Operating cash flow-6569000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

74.7% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.81%61%40%20%0%20172018201920242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2017Liabilities / assets63.5%
2018Liabilities / assets66%
2019Liabilities / assets59.3%
2024Liabilities / assets69.8%
2025Liabilities / assets74.7%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 57.84 million
Exact value

Exact value: 57843000 USD

2016-01-01 – 2016-12-31: 57843000 USD Inspect Net Income Open source
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USD 126.72 million
Exact value

Exact value: 126722000 USD

2016-01-01 – 2016-12-31: 126722000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 12.09 million
Exact value

Exact value: 12090000 USD

2017-01-01 – 2017-12-31: 12090000 USD Inspect Net Income Open source
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USD 137.55 million
Exact value

Exact value: 137554000 USD

2017-01-01 – 2017-12-31: 137554000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
−USD 21.88 million
Exact value

Exact value: -21884000 USD

2018-01-01 – 2018-12-31: -21884000 USD Inspect Net Income Open source
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USD 144.92 million
Exact value

Exact value: 144916000 USD

2018-01-01 – 2018-12-31: 144916000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
USD 30.34 million
Exact value

Exact value: 30335000 USD

2019-01-01 – 2019-12-31: 30335000 USD Inspect Net Income Open source
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USD 215.33 million
Exact value

Exact value: 215329000 USD

2019-01-01 – 2019-12-31: 215329000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
USD 6.68 million
Exact value

Exact value: 6678000 USD

2020-01-01 – 2020-12-31: 6678000 USD Inspect Net Income Open source
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USD 233.63 million
Exact value

Exact value: 233628000 USD

2020-01-01 – 2020-12-31: 233628000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
−USD 8.18 million
Exact value

Exact value: -8180000 USD

2021-01-01 – 2021-12-31: -8180000 USD Inspect Net Income Open source
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USD 221.49 million
Exact value

Exact value: 221492000 USD

2021-01-01 – 2021-12-31: 221492000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
−USD 6.11 million
Exact value

Exact value: -6109000 USD

2022-01-01 – 2022-12-31: -6109000 USD Inspect Net Income Open source
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USD 192.61 million
Exact value

Exact value: 192614000 USD

2022-01-01 – 2022-12-31: 192614000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
−USD 69.43 million
Exact value

Exact value: -69432000 USD

2023-01-01 – 2023-12-31: -69432000 USD Inspect Net Income Open source
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USD 141.73 million
Exact value

Exact value: 141726000 USD

2023-01-01 – 2023-12-31: 141726000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
−USD 136.11 million
Exact value

Exact value: -136107000 USD

2024-01-01 – 2024-12-31: -136107000 USD Inspect Net Income Open source
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USD 67.17 million
Exact value

Exact value: 67167000 USD

2024-01-01 – 2024-12-31: 67167000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
−USD 272.37 million
Exact value

Exact value: -272374000 USD

2025-01-01 – 2025-12-31: -272374000 USD Inspect Net Income Open source
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−USD 6.57 million
Exact value

Exact value: -6569000 USD

2025-01-01 – 2025-12-31: -6569000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

87 filings · 3,335 latest values · 3,335 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001456772, 1456772, OPI, edgar:1456772

Also known as GOVERNMENT PROPERTIES INCOME TRUST, Government Properties Income Trust, OFFICE PROPERTIES INCOME TRUST, Office Properties Income Trust