For the year ending 2025-12-31, BDN made $484,454K in revenue. -$179,478K in net income. Net profit margin of -37.05%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenue | 484,454 | 505,517 | ||
| Property operating expenses | 131,347 | 129,890 | ||
| Real estate taxes | 43,602 | 47,726 | ||
| Third party management expenses | 10,245 | 9,714 | ||
| Depreciation and amortization | 176,428 | 178,168 | ||
| General and administrative expenses | 42,031 | 42,781 | ||
| Provision for impairment | 63,392 | 44,655 | ||
| Total operating expenses | 467,045 | 452,934 | ||
| Net gain on disposition of real estate | 9,396 | 2,297 | ||
| Net gain (loss) on sale of undepreciated real estate | -146 | - | ||
| Total gain on sale of real estate | 9,250 | 2,297 | ||
| Operating income (loss) | 26,659 | 54,880 | ||
| Interest and investment income-Subsidiaries | 4,402 | - | ||
| Interest expense | 134,955 | 116,306 | ||
| Interest expense - amortization of deferred financing costs | 5,119 | 5,000 | ||
| Equity in loss of unconsolidated real estate ventures | -57,681 | -191,585 | ||
| Interest and investment income | - | 3,847 | ||
| Net gain on real estate venture transactions | 183 | 56,750 | ||
| Gain (loss) on early extinguishment of debt | -12,244 | 941 | ||
| Net loss before income taxes | -178,755 | -196,473 | ||
| Income tax provision | 112 | 14 | ||
| Net loss | -178,867 | -196,487 | ||
| Net loss attributable to noncontrolling interests | -620 | -580 | ||
| Net loss attributable to brandywine realty trust | -178,247 | -195,907 | ||
| Nonforfeitable dividends allocated to unvested restricted shareholders | 1,231 | 1,178 | ||
| Net loss attributable to common shareholders of brandywine realty trust | -179,478 | -197,085 | ||
| Basic EPS | -1.03 | -1.14 | ||
| Diluted EPS | -1.03 | -1.14 | ||
| Basic Average Shares | 173,464,402 | 172,526,996 | ||
| Diluted Average Shares | 173,464,402 | 172,526,996 | ||
BRANDYWINE REALTY TRUST (BDN)
BRANDYWINE REALTY TRUST (BDN)