CDP COPT DEFENSE PROPERTIES - 10-Q - (2025-11-04)

COPT Defense Properties (CDP) Q3 2025 TL;DR

CDP reported strong operating results for Q3 and the nine months ending September 30, 2025, driven by core real estate segment performance, though service revenue contracted significantly. Total consolidated assets reached $4.35B, with portfolio occupancy high at 93.9%.

Financial Performance (9 Months YTD): Net Income increased to \(120.1M (vs. \)107.5M YoY), resulting in Diluted EPS of \(1.01 (vs. \)0.92 YoY). Total Revenues were flat (\(566.6M) as falling Construction/Service revenue (\)31.2M vs. $63.5M) was offset by solid Lease Revenue growth

...

Join thousands of investors who never miss important market updates

Join