COPT DEFENSE PROPERTIES — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that COPT DEFENSE PROPERTIES filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $763.92M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $753.27M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $684.98M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $739.03M | Feb 21, 2025 |
| FY2021 | Dec 31, 2021 | $185.93M | Feb 22, 2022 |
| FY2021 | Sep 30, 2021 | $166.92M | Feb 22, 2022 |
| FY2021 | Jun 30, 2021 | $157.21M | Feb 22, 2022 |
| FY2021 | Mar 31, 2021 | $154.39M | Feb 22, 2022 |
| FY2021 | Dec 31, 2020 | $156.61M | Feb 22, 2022 |
| FY2021 | Sep 30, 2020 | $148.80M | Feb 22, 2022 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $42.07M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $75.55M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $60.18M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $154.63M | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $107.88M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $70.64M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $113.76M | Feb 22, 2022 |
| FY2020 | Dec 31, 2018 | $60.86M | Feb 12, 2021 |
| FY2019 | Dec 31, 2017 | $102.84M | Feb 19, 2020 |
| FY2018 | Dec 31, 2016 | $48.36M | Feb 21, 2019 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2021 | Dec 31, 2021 | $13.71M | Feb 22, 2022 |
| FY2021 | Sep 30, 2021 | $27.10M | Feb 22, 2022 |
| FY2021 | Jun 30, 2021 | $42.40M | Feb 22, 2022 |
| FY2021 | Mar 31, 2021 | ($6.67M) | Feb 22, 2022 |
| FY2021 | Dec 31, 2020 | $81.67M | Feb 22, 2022 |
| FY2021 | Sep 30, 2020 | ($31.85M) | Feb 22, 2022 |
| FY2021 | Jun 30, 2020 | $23.50M | Feb 22, 2022 |
| FY2021 | Mar 31, 2020 | $24.05M | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $191.69M | Feb 12, 2021 |
| FY2018 | Dec 31, 2018 | $17.02M | Feb 21, 2019 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $24.85M | Feb 16, 2018 |
| FY2017 | Sep 30, 2017 | $38.94M | Feb 16, 2018 |
| FY2017 | Jun 30, 2017 | $36.62M | Feb 16, 2018 |
| FY2017 | Mar 31, 2017 | $35.43M | Feb 16, 2018 |
| FY2017 | Dec 31, 2016 | $37.44M | Feb 16, 2018 |
| FY2017 | Sep 30, 2016 | $11.53M | Feb 16, 2018 |
| FY2017 | Jun 30, 2016 | ($27.02M) | Feb 16, 2018 |
| FY2017 | Mar 31, 2016 | $30.46M | Feb 16, 2018 |
| FY2016 | Dec 31, 2015 | $20.06M | Feb 17, 2017 |
| FY2016 | Sep 30, 2015 | $31.99M | Feb 17, 2017 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $47.84M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $47.04M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $42.77M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $38.99M | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $40.77M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $33.00M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $35.40M | Feb 22, 2022 |
| FY2020 | Dec 31, 2018 | $28.90M | Feb 12, 2021 |
| FY2019 | Dec 31, 2017 | $30.84M | Feb 19, 2020 |
| FY2018 | Dec 31, 2016 | $36.55M | Feb 21, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $309.93M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $330.96M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $276.27M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $265.83M | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $249.15M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $238.42M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $228.56M | Feb 22, 2022 |
| FY2020 | Dec 31, 2018 | $180.48M | Feb 12, 2021 |
| FY2019 | Dec 31, 2017 | $230.12M | Feb 19, 2020 |
| FY2018 | Dec 31, 2016 | $234.27M | Feb 21, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.70B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $4.25B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $4.25B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $4.26B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $4.26B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $4.08B | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $3.85B | Feb 12, 2021 |
| FY2019 | Dec 31, 2018 | $3.66B | Feb 19, 2020 |
| FY2018 | Dec 31, 2017 | $3.60B | Feb 21, 2019 |
| FY2017 | Dec 31, 2016 | $3.78B | Feb 16, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.11B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $2.69B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $2.70B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $2.51B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $2.58B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $2.36B | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $2.11B | Feb 12, 2021 |
| FY2019 | Dec 31, 2018 | $2.00B | Feb 19, 2020 |
| FY2018 | Dec 31, 2017 | $2.10B | Feb 21, 2019 |
| FY2017 | Dec 31, 2016 | $2.16B | Feb 16, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.51B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $1.49B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $1.48B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $1.68B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $1.62B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $1.66B | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $1.68B | Feb 12, 2021 |
| FY2019 | Dec 31, 2018 | $1.59B | Feb 19, 2020 |
| FY2018 | Dec 31, 2017 | $1.40B | Feb 21, 2019 |
| FY2017 | Dec 31, 2016 | $1.52B | Feb 16, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $274.99M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $38.28M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $167.82M | Feb 20, 2026 |
| FY2025 | Dec 31, 2022 | $12.34M | Feb 20, 2026 |
| FY2024 | Dec 31, 2021 | $13.26M | Feb 21, 2025 |
| FY2023 | Dec 31, 2020 | $18.37M | Feb 22, 2024 |
| FY2022 | Dec 31, 2019 | $14.73M | Feb 24, 2023 |
| FY2021 | Dec 31, 2018 | $8.07M | Feb 22, 2022 |
| FY2020 | Dec 31, 2017 | $12.26M | Feb 12, 2021 |
| FY2019 | Dec 31, 2016 | $209.86M | Feb 19, 2020 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.77B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $2.39B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $2.42B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $2.23B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $2.27B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $2.09B | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $1.83B | Feb 12, 2021 |
| FY2019 | Dec 31, 2018 | $1.82B | Feb 19, 2020 |
| FY2018 | Dec 31, 2017 | $1.83B | Feb 21, 2019 |
| FY2017 | Dec 31, 2016 | $1.90B | Feb 16, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 1 | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Feb 21, 2025 |
| FY2021 | Dec 31, 2021 | 0 | Feb 22, 2022 |
| FY2021 | Sep 30, 2021 | 0 | Feb 22, 2022 |
| FY2021 | Jun 30, 2021 | 0 | Feb 22, 2022 |
| FY2021 | Mar 31, 2021 | 0 | Feb 22, 2022 |
| FY2021 | Dec 31, 2020 | 0 | Feb 22, 2022 |
| FY2021 | Sep 30, 2020 | 0 | Feb 22, 2022 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 1 | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Feb 21, 2025 |
| FY2021 | Dec 31, 2021 | 0 | Feb 22, 2022 |
| FY2021 | Sep 30, 2021 | 0 | Feb 22, 2022 |
| FY2021 | Jun 30, 2021 | 0 | Feb 22, 2022 |
| FY2021 | Mar 31, 2021 | 0 | Feb 22, 2022 |
| FY2021 | Dec 31, 2020 | 0 | Feb 22, 2022 |
| FY2021 | Sep 30, 2020 | 0 | Feb 22, 2022 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 113.21M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | 112.70M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | 112.56M | Feb 20, 2026 |
| FY2025 | Dec 31, 2022 | 112.42M | Feb 20, 2026 |
| FY2024 | Dec 31, 2021 | 112.33M | Feb 21, 2025 |
| FY2023 | Dec 31, 2020 | 112.18M | Feb 22, 2024 |
| FY2022 | Dec 31, 2019 | 112.07M | Feb 24, 2023 |
| FY2021 | Dec 31, 2018 | 110.24M | Feb 22, 2022 |
| FY2020 | Dec 31, 2017 | 101.29M | Feb 12, 2021 |
| FY2018 | Dec 31, 2016 | 98.50M | Feb 21, 2019 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $136.60M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $131.84M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $127.18M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $123.65M | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $123.53M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $123.37M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $122.66M | Feb 22, 2022 |
| FY2020 | Dec 31, 2018 | $114.29M | Feb 12, 2021 |
| FY2019 | Dec 31, 2017 | $109.17M | Feb 19, 2020 |
| FY2018 | Dec 31, 2016 | $104.14M | Feb 21, 2019 |