COPT Defense Properties posted GAAP diluted EPS of $0.40, up 17.65% from $0.34 a year earlier.
GAAP net income rose 20.9% to $48.56 million, while total revenue increased 3.94% to $197.39 million.
Diluted FFO per share (non-GAAP, as adjusted for comparability) climbed 4.41% to $0.71.
The portfolio was 94.1% occupied and 95.6% leased at June 30, 2026; same-property cash NOI increased 7.4% year over year.
The company raised 2026 diluted FFOPS (non-GAAP, as adjusted) guidance to $2.76-$2.80 and increased its same-property cash NOI growth midpoint to 4.0%.
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