Franklin BSP Realty Trust financials
$6.72+0.15%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.5M | $6.9M | $7.3M | $7.2M | $8.3M | $6.8M | $8.7M | $5.4M | $4.1M | $4.7M | — | $140.4M |
| Gross profit | $5.5M | -$58.3M | $224.6M | -$69.3M | $8.3M | -$63.8M | $266.6M | -$84.5M | -$82.7M | $4.7M | — | $140.4M |
| Gross margin | 100.0% | −847.8% | 3085.7% | −959.2% | 100.0% | −938.6% | 3081.0% | −1560.8% | −2030.2% | 100.0% | — | 100.0% |
| Operating income | -$47.6M | -$116.0M | $171.4M | -$142.6M | -$21.2M | -$94.1M | $240.3M | -$106.3M | -$100.4M | -$15.9M | — | $119.1M |
| Net income | $9.3M | $5.7M | $10.9M | $10.6M | $15.9M | $16.8M | $23.8M | $24.9M | -$8.9M | $29.2M | — | $24.7M |
| Net margin | 168.4% | 83.4% | 150.5% | 146.3% | 191.1% | 247.0% | 274.7% | 459.4% | −219.1% | 619.1% | — | 17.6% |
| Diluted EPS | $0.12 | $0.07 | $0.12 | $0.12 | $0.19 | $0.20 | $0.29 | $0.30 | $-0.11 | $0.35 | — | $0.30 |
| EBITDA | -$39.6M | -$106.4M | $181.3M | -$132.8M | -$14.3M | -$85.9M | $248.9M | -$99.7M | -$92.5M | -$6.4M | $0.00 | $122.0M |
| Operating cash flow | $48.3M | -$54.0M | $312.0M | -$148.1M | $11.8M | $116.2M | -$55.1M | $97.4M | $1.9M | $13.0M | $55.9M | $63.1M |
| Free cash flow | $48.1M | -$54.3M | $311.7M | -$148.3M | $11.4M | $115.5M | -$55.4M | $97.4M | $1.9M | $13.0M | $55.7M | $62.8M |
| Diluted shares | 84.8M | 79.9M | 89.9M | 90.6M | 82.2M | 82.1M | 81.8M | 81.8M | 81.8M | 82.0M | 82.0M | 82.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $136.3M | $115.6M | $167.3M | $116.7M | $414.1M | $215.4M |
| Short-term investments | $23.4M | $22.0M | $20.5M | $18.9M | $0.00 | $0.00 |
| Total debt | $4.15B | $4.57B | $4.22B | $4.36B | $3.98B | $3.98B |
| Total assets | $6.38B | $6.30B | $6.06B | $6.22B | $5.63B | $5.65B |
| Total liabilities | $4.83B | $4.73B | $4.44B | $4.56B | $4.04B | $4.06B |
| Shareholders' equity | $1.46B | $1.57B | $1.53B | $1.66B | $1.59B | $1.60B |
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