Healthpeak Properties Reports Higher Q4 Profit, Raises 2026 Guidance

Healthpeak Properties, Inc. (PEAK) reported a 12% year-over-year increase in fourth-quarter net income, driven by strong operating performance across its life science and medical office segments. The company posted net income of $285 million, or $0.49 per diluted share, for the quarter ended December 31, 2025, up from $254 million, or $0.44 per share, in Q4 2024. Same-property net operating income rose 4.1% year-over-year, with life science assets contributing 5.3% growth. Healthpeak also raised its full-year 2026 adjusted funds from operations (AFFO) guidance to $1.78–$1.84 per share, citing robust leasing activity and lower-than-expected interest expenses. The REIT declared a quarterly dividend of $0.30 per share, payable on March 31, 2026.