Brandywine Realty Trust financials
$2.82−1.40%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $484.5M | $505.5M | $514.7M | $506.1M | $486.8M | $534.9M | $580.4M | $1.20B | $1.11B | $991.9M |
| Gross profit | $484.5M | $505.5M | $514.7M | $506.1M | $486.8M | $534.9M | $580.4M | $904.9M | $833.0M | $741.9M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 75.6% | 75.4% | 74.8% |
| Operating income | $17.4M | $52.6M | -$30.5M | $94.0M | $90.3M | $110.8M | $112.4M | $588.9M | $541.6M | $449.8M |
| Net income | -$179.5M | -$197.1M | -$197.4M | $53.4M | $11.9M | $305.1M | $33.9M | $415.3M | $479.0M | $366.1M |
| Net margin | −37.0% | −39.0% | −38.3% | 10.5% | 2.4% | 57.0% | 5.8% | 34.7% | 43.3% | 36.9% |
| Diluted EPS | $-1.03 | $-1.14 | $-1.15 | $0.31 | $0.07 | $1.77 | $0.19 | $3.27 | $3.76 | $2.91 |
| EBITDA | $257.2M | $275.4M | $289.8M | $274.1M | $263.0M | $294.2M | $313.6M | $797.9M | $734.9M | $632.4M |
| Operating cash flow | $116.7M | $181.1M | $177.3M | $209.3M | $240.9M | $225.8M | $234.2M | $703.0M | $954.4M | $582.0M |
| Free cash flow | $3.3M | $51.4M | $20.8M | -$53.7M | $105.8M | $88.7M | $88.7M | $638.0M | $914.8M | $553.8M |
| Diluted shares | 173.5M | 172.5M | 172.0M | 172.3M | 172.3M | 172.3M | 176.7M | 133.2M | 134.2M | 125.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $32.3M | $90.2M | $58.3M | $17.6M | $27.5M | $46.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $2.56B | $2.21B | $2.14B | $1.97B | $1.85B | $1.83B |
| Total assets | $3.59B | $3.49B | $3.73B | $3.87B | $3.85B | $3.90B |
| Total liabilities | $2.79B | $2.45B | $2.41B | $2.24B | $2.14B | $2.10B |
| Shareholders' equity | $797.9M | $1.04B | $1.32B | $1.63B | $1.70B | $1.80B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology