Douglas Emmett, Inc. — Third Quarter 2026 Earnings Summary

Douglas Emmett's portfolio in Los Angeles and Honolulu comprises 18.2 million square feet of Class A office space and 4,410 in-service apartment units, with an additional 1,035 units under active development. In the third quarter of 2026, the company reported $261 million in revenues and a net loss of $9 million, while achieving positive office absorption of nearly one million square feet and growing occupancy to 76.7%. Despite interest rates rising to an average cost of 5%, the company successfully refinanced $1.2 billion in loans over the last nine months and maintains $311 million in cash equivalents. Management projects 2026 net loss per diluted share to range between $(0.20) and $(0.16), with funds from operations per share expected between $1.39 and $1.43.