COUSINS PROPERTIES INC

For the period ended Sep 30, 2025. Filed Oct 30, 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.

Sep 30, 2025 · Filed Oct 30, 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 · Nine Months Ended
	September 30,		September 30,
	2025	2024	2025	2024
Revenues:
Rental property revenues	$246,461	$207,260	$727,203	$627,552
Fee income	526	495	1,516	1,280
Other	1,339	1,457	10,063	2,599
	248,326	209,212	738,782	631,431
Expenses:
Rental property operating expenses	80,023	66,005	231,358	207,714
Reimbursed expenses	124	188	420	479
General and administrative expenses	9,510	9,204	29,957	27,325
Interest expense	41,497	30,773	116,785	89,424
Depreciation and amortization	105,272	89,784	308,276	271,429
Other	440	327	1,305	1,602
	236,866	196,281	688,101	597,973
Loss from unconsolidated joint ventures	(2,682)	(1,575)	(6,152)	(788)
Gain on investment property transactions	—	—	—	98
Net income	8,778	11,356	44,529	32,768
Net income attributable to noncontrolling interests	(188)	(158)	(559)	(442)
Net income available to common stockholders	$8,590	$11,198	$43,970	$32,326
Net income per common share — basic and diluted	$0.05	$0.07	$0.26	$0.21
Weighted average common shares — basic	167,967	152,140	167,902	152,060
Weighted average common shares — diluted	168,738	152,812	168,698	152,604
See accompanying notes.

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