# Highwoods Properties, Inc.: overview

HIW · NYSE · CIK 921082 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/hiw.md) · [Financials](/companies/hiw/financials.md) · [Filings](/companies/hiw/filings.md) · [Insiders](/companies/hiw/insiders.md)

Latest reported revenue: [$214.0m](/filings/0000921082-26-000035.md) for Q1 FY2026, three months to 2026-03-31, from the 10-Q filed Apr 28, 2026 (XBRL us-gaap:Revenues, accession 0000921082-26-000035).

## Last eight quarters

| Line item | Unit | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [205](/filings/0000921082-25-000037.md) | [204](/filings/0000921082-25-000044.md) | [206 d](/filings/0000921082-26-000005.md) | [200](/filings/0000921082-26-000035.md) | [201](/filings/0000921082-25-000037.md) | [202](/filings/0000921082-25-000044.md) | [203 d](/filings/0000921082-26-000005.md) | [214](/filings/0000921082-26-000035.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [68.5%](/filings/0000921082-25-000037.md) | [67.8%](/filings/0000921082-25-000044.md) | [65.2% d](/filings/0000921082-26-000005.md) | [67.5%](/filings/0000921082-26-000035.md) | [68.3%](/filings/0000921082-25-000037.md) | [67.3%](/filings/0000921082-25-000044.md) | [67.2% d](/filings/0000921082-26-000005.md) | [66.8%](/filings/0000921082-26-000035.md) |
| Net margin | % | [31.6%](/filings/0000921082-25-000037.md) | [7.6%](/filings/0000921082-25-000044.md) | [(1.6%) d](/filings/0000921082-26-000005.md) | [49.9%](/filings/0000921082-26-000035.md) | [9.6%](/filings/0000921082-25-000037.md) | [6.8%](/filings/0000921082-25-000044.md) | [14.6% d](/filings/0000921082-26-000005.md) | [15.6%](/filings/0000921082-26-000035.md) |
| Diluted EPS | $ per share | [0.59](/filings/0000921082-25-000037.md) | [0.14](/filings/0000921082-25-000044.md) | not reported | [0.91](/filings/0000921082-26-000035.md) | [0.17](/filings/0000921082-25-000037.md) | [0.12](/filings/0000921082-25-000044.md) | not reported | [0.29](/filings/0000921082-26-000035.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [768](/filings/0000921082-24-000006.md) | [829](/filings/0000921082-25-000004.md) | [834](/filings/0000921082-26-000005.md) | [826](/filings/0000921082-26-000005.md) | [806](/filings/0000921082-26-000005.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [69.2%](/filings/0000921082-24-000006.md) | [68.7%](/filings/0000921082-25-000004.md) | [67.8%](/filings/0000921082-26-000005.md) | [67.0%](/filings/0000921082-26-000005.md) | [67.6%](/filings/0000921082-26-000005.md) |
| Net margin | % | [42.1%](/filings/0000921082-24-000006.md) | [19.8%](/filings/0000921082-25-000004.md) | [18.1%](/filings/0000921082-26-000005.md) | [12.6%](/filings/0000921082-26-000005.md) | [20.2%](/filings/0000921082-26-000005.md) |
| Diluted EPS | $ per share | [2.98](/filings/0000921082-24-000006.md) | [1.49](/filings/0000921082-25-000004.md) | [1.39](/filings/0000921082-26-000005.md) | [0.94](/filings/0000921082-26-000005.md) | [1.45](/filings/0000921082-26-000005.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/hiw/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $633.7m | 21,011,850 |  | Added +3,452,685 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $363.0m | 12,035,994 |  | Added +301,909 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $229.0m | 7,592,955 |  | Added +773,322 |
| [MASSACHUSETTS FINANCIAL SERVICES CO /MA/](/funds/912938.md) | 2026-06-30 | $187.5m | 5,856,593 |  | Added +211,377 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $149.5m | 4,957,271 |  | Added +81,880 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $97.2m | 3,222,880 |  | Added +975,880 |
| [Quantinno Capital Management LP](/funds/1759654.md) | 2026-06-30 | $93.5m | 3,099,543 |  | Added +1,291,439 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $75.5m | 2,501,704 |  | Added +321,255 |
| [AEW CAPITAL MANAGEMENT L P](/funds/1046187.md) | 2026-06-30 | $72.4m | 2,399,904 |  | Added +171,665 |
| [Gotham Asset Management, LLC](/funds/1510387.md) | 2026-06-30 | $71.8m | 2,382,143 |  | Added +2,254,613 |

## Recent filings

[All 860 filings](/companies/hiw/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-27 | 16:05 ET | [10-Q](/filings/0000921082-26-000049.md) | Quarterly report, period 2026-09-30 | 0000921082-26-000049 |
| 2026-07-28 | 16:05 ET | [10-Q](/filings/0000921082-26-000045.md) | Quarterly report, period 2026-06-30 | 0000921082-26-000045 |
| 2026-06-04 | 16:04 ET | [8-K](/filings/0000921082-26-000041.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0000921082-26-000041 |
| 2026-05-12 | 16:05 ET | [8-K](/filings/0000921082-26-000038.md) | 5.07 Shareholder vote results | 0000921082-26-000038 |
| 2026-04-28 | 16:06 ET | [10-Q](/filings/0000921082-26-000035.md) | Quarterly report, period 2026-03-31 | 0000921082-26-000035 |
| 2026-03-27 | 16:06 ET | [DEF 14A](/filings/0000921082-26-000030.md) | Proxy statement, period 2026-05-12 | 0000921082-26-000030 |
| 2026-02-11 | 08:04 ET | [8-K](/filings/0000921082-26-000017.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0000921082-26-000017 |
| 2026-02-10 | 16:11 ET | [10-K](/filings/0000921082-26-000005.md) | Annual report, period 2025-12-31 | 0000921082-26-000005 |
| 2025-11-14 | 16:07 ET | [8-K](/filings/0000921082-25-000048.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0000921082-25-000048 |
| 2025-11-05 | 08:52 ET | [8-K](/filings/0000921082-25-000046.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0000921082-25-000046 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000921082-26-000005.md), filed Feb 10, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 921082
- Tickers: HIW
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 17:21 ET. No prices; not investment advice.