Brandywine Realty Trust Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	463.73	457.5	469.24	479.85	470.85	451.52
Service and Other Revenue	26.21	26.95	36.28	34.8	35.25	35.3
Revenue	489.94	484.45	505.52	514.65	506.1	486.82
Revenue Growth (YoY)	-2.12%	-4.17%	-1.77%	1.69%	3.96%	-8.98%
Property Expenses	136.35	131.35	129.89	129.89	130.21	121.89
Service and Other Expenses	9.78	10.25	9.71	10.09	10.55	12.8
Total Property Expenses	146.13	141.59	139.6	139.97	140.76	134.69
Property Taxes	43.5	43.6	47.73	49.97	53.65	53.62
Gross Profit	300.32	299.26	318.19	324.7	311.7	298.51
Selling, General & Admin	36.9	42.03	42.78	34.86	35.01	30.15
Depreciation & Amortization Expenses	181.31	176.43	178.17	188.8	177.98	178.11
Other Operating Expenses	75.3	63.39	44.66	131.57	4.66	-
Operating Income	6.82	17.41	52.58	-30.53	94.05	90.25
Net Gains on Disposal of Properties	6.19	9.25	2.3	8.95	25.68	3.05
Interest Income	59.75	62.08	195.43	79.59	23.92	34.99
Interest Expense	-149.28	-140.07	-121.31	-99.83	-71.86	-65.45
Other Non-Operating Income (Expense)	-12.24	-12.06	57.69	0.32	26.28	2.97
Total Non-Operating Income (Expense)	-95.57	-80.8	134.11	-10.97	4.03	-24.44
Pretax Income	-88.76	-63.39	186.7	-41.5	98.08	65.81
Provision for Income Taxes	0.2	0.11	0.01	0.07	0.06	0.05
Net Income	-200.98	-179.48	-197.09	-197.36	53.37	11.87
Minority Interest in Earnings	-0.75	-0.62	-0.58	-0.61	0.17	0.08
Net Income Attributable to Preferred Dividends	1.12	1.23	1.18	0.57	0.46	0.42
Net Income to Common	-200.98	-179.48	-197.09	-197.36	53.37	11.87
Net Income Growth	-	-	-	-	349.68%	-96.11%
Shares Outstanding (Basic)	174	173	173	172	171	171
Shares Outstanding (Diluted)	174	173	173	172	172	172
Shares Change (YoY)	0.25%	0.54%	0.33%	-0.21%	0.03%	-0.03%
EPS (Basic)	-1.15	-1.03	-1.14	-1.15	0.31	0.07
EPS (Diluted)	-1.15	-1.03	-1.14	-1.15	0.31	0.07
EPS Growth	-	-	-	-	342.86%	-96.05%
Shares Outstanding	173.71	173.7	172.67	172.1	171.57	172.3
Free Cash Flow	7.21	3.31	51.37	13.07	-57.15	55.75
Free Cash Flow Growth	118.12%	-93.57%	293.12%	-	-	136.18%
Free Cash Flow Per Share	0.04	0.02	0.30	0.08	-0.33	0.32
Dividends Per Share	0.390	0.460	0.600	0.680	0.760	0.760
Dividend Growth	-15.22%	-23.33%	-11.77%	-10.53%	-	-
Gross Margin	61.30%	61.77%	62.94%	63.09%	61.59%	61.32%
Operating Margin	1.39%	3.59%	10.40%	-5.93%	18.58%	18.54%
Profit Margin	-18.16%	-13.11%	36.93%	-8.08%	19.37%	13.51%
FCF Margin	1.47%	0.68%	10.16%	2.54%	-11.29%	11.45%
EBITDA	192.12	198.26	233.33	161.58	269.87	269.24
EBITDA Margin	39.21%	40.92%	46.16%	31.40%	53.32%	55.31%
EBIT	6.82	17.41	52.58	-30.53	94.05	90.25
EBIT Margin	1.39%	3.59%	10.40%	-5.93%	18.58%	18.54%
Effective Tax Rate	-0.22%	-0.18%	0.01%	-0.17%	0.06%	0.07%

Updated May 1, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q