COUSINS PROPERTIES INC

For the period ended Jun 30, 2025. Filed Jul 31, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Jul 31, 2025

CUZ$30.12+1.8%Stored close · as of Nov 9, 2026

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Contents

CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited; in thousands, except per share amounts)

Three Months Ended · Six Months Ended
	June 30,		June 30,
	2025	2024	2025	2024
Revenues:
Rental property revenues	$237,715	$211,474	$480,742	$420,292
Fee income	494	406	990	785
Other	1,919	1,098	8,724	1,142
	240,128	212,978	490,456	422,219
Expenses:
Rental property operating expenses	74,179	70,634	151,335	141,709
Reimbursed expenses	119	151	296	291
General and administrative expenses	9,738	8,907	20,447	18,121
Interest expense	38,514	29,743	75,288	58,651
Depreciation and amortization	100,890	95,415	203,004	181,645
Other	443	603	865	1,275
	223,883	205,453	451,235	401,692
Income (loss) from unconsolidated joint ventures	(1,587)	439	(3,470)	787
Gain (loss) on investment property transactions	—	(3)	—	98
Net income	14,658	7,961	35,751	21,412
Net income attributable to noncontrolling interests	(175)	(121)	(371)	(284)
Net income available to common stockholders	$14,483	$7,840	$35,380	$21,128
Net income per common share — basic and diluted	$0.09	$0.05	$0.21	$0.14
Weighted average common shares — basic	167,930	152,095	167,870	152,020
Weighted average common shares — diluted	168,765	152,614	168,679	152,500
See accompanying notes.

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