COPT Defense Properties is a real estate investment trust that owns, operates, and develops mission-critical office and specialty facilities serving U.S. defense installations and defense contractors. Its portfolio is concentrated near government and national-security demand rather than generic commercial office markets. Tenants are typically federal agencies and contractors that need secure, location-specific workspace for defense and IT missions.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q4 2024 | 183.4 | — | 35.5 | 3.5% |
| Q1 2025 | 187.9 | — | 34.6 | 0.7% |
| Q2 2025 | 189.9 | — | 38.4 | -67.6% |
| Q4 2025 | 197.4 | 7.6% | 38 | 7% |
| Q1 2026 | 200.6 | 6.8% | 38.4 | 11% |
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