Brandywine Realty Trust Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	457.5	469.24	479.85	470.85	451.52
Service and Other Revenue	26.95	36.28	34.8	35.25	35.3
Revenue	484.45	505.52	514.65	506.1	486.82
Revenue Growth (YoY)	-4.17%	-1.77%	1.69%	3.96%	-8.98%
Property Expenses	131.35	129.89	129.89	130.21	121.89
Service and Other Expenses	10.25	9.71	10.09	10.55	12.8
Total Property Expenses	141.59	139.6	139.97	140.76	134.69
Property Taxes	43.6	47.73	49.97	53.65	53.62
Gross Profit	299.26	318.19	324.7	311.7	298.51
Selling, General & Admin	42.03	42.78	34.86	35.01	30.15
Depreciation & Amortization Expenses	176.43	178.17	188.8	177.98	178.11
Other Operating Expenses	63.39	44.66	131.57	4.66	-
Operating Income	17.41	52.58	-30.53	94.05	90.25
Net Gains on Disposal of Properties	9.25	2.3	8.95	25.68	3.05
Interest Income	62.08	195.43	79.59	23.92	34.99
Interest Expense	-140.07	-121.31	-99.83	-71.86	-65.45
Other Non-Operating Income (Expense)	-12.06	57.69	0.32	26.28	2.97
Total Non-Operating Income (Expense)	-80.8	134.11	-10.97	4.03	-24.44
Pretax Income	-63.39	186.7	-41.5	98.08	65.81
Provision for Income Taxes	0.11	0.01	0.07	0.06	0.05
Net Income	-179.48	-197.09	-197.36	53.37	11.87
Minority Interest in Earnings	-0.62	-0.58	-0.61	0.17	0.08
Net Income Attributable to Preferred Dividends	1.23	1.18	0.57	0.46	0.42
Net Income to Common	-179.48	-197.09	-197.36	53.37	11.87
Net Income Growth	-	-	-	349.68%	-96.11%
Shares Outstanding (Basic)	173	173	172	171	171
Shares Outstanding (Diluted)	173	173	172	172	172
Shares Change (YoY)	0.54%	0.33%	-0.21%	0.03%	-0.03%
EPS (Basic)	-1.03	-1.14	-1.15	0.31	0.07
EPS (Diluted)	-1.03	-1.14	-1.15	0.31	0.07
EPS Growth	-	-	-	342.86%	-96.05%
Free Cash Flow	3.31	51.37	13.07	-57.15	55.75
Free Cash Flow Growth	-93.57%	293.12%	-	-	136.18%
Free Cash Flow Per Share	0.02	0.30	0.08	-0.33	0.32
Dividends Per Share	0.460	0.600	0.680	0.760	0.760
Dividend Growth	-23.33%	-11.77%	-10.53%	-	-
Gross Margin	61.77%	62.94%	63.09%	61.59%	61.32%
Operating Margin	3.59%	10.40%	-5.93%	18.58%	18.54%
Profit Margin	-13.11%	36.93%	-8.08%	19.37%	13.51%
FCF Margin	0.68%	10.16%	2.54%	-11.29%	11.45%
EBITDA	198.26	233.33	161.58	269.87	269.24
EBITDA Margin	40.92%	46.16%	31.40%	53.32%	55.31%
EBIT	17.41	52.58	-30.53	94.05	90.25
EBIT Margin	3.59%	10.40%	-5.93%	18.58%	18.54%
Effective Tax Rate	-0.18%	0.01%	-0.17%	0.06%	0.07%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q