Douglas Emmett Q3 net loss of $11 million; FFO per share falls to $0.34
Douglas Emmett reported third-quarter 2025 results on November 4, 2025, with revenues flat at $251 million and a net loss attributable to common stockholders of $11 million, compared with net income of $5 million a year earlier. FFO per fully diluted share fell to $0.34 from $0.43, and AFFO dropped to $52 million from $69 million, and the company said third-quarter leasing was well below its expectations. The company also narrowed its 2025 FFO guidance to $1.43 to $1.47 per share and expects 2025 diluted net income per share of $0.07 to $0.11.
Key points
- Third-quarter revenues were $251 million, flat with the prior year, while net loss attributable to common stockholders was $11 million versus net income of $5 million in Q3 2024.
- FFO per fully diluted share was $0.34 versus $0.43 a year earlier; AFFO was $52 million versus $69 million.
- In-Service Portfolio office leasing totaled 840,000 square feet, which the company called well below its expectations.
- 2025 guidance: diluted net income per share of $0.07 to $0.11 and FFO per fully diluted share of $1.43 to $1.47, with the FFO range narrowed.
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.