Brandywine Earnings Reports

Brandywine Realty Trust reported Q3 2025 revenue of $120.8 million and net income of $8.1 million ($0.05 per diluted share). Funds From Operations (FFO) was $46.1 million, or $0.26 per share. The company maintained stable occupancy and leasing levels across its core portfolio, achieved positive cash rent mark-to-market, and reaffirmed its full-year FFO guidance.

Brandywine Realty Trust reported a net loss attributable to common shareholders of ($27.4) million, or ($0.16) per share, for the first quarter of 2025. Funds from Operations (FFO) available to common shareholders totaled $24.7 million, or $0.14 per diluted share. The company achieved 92% of its speculative revenue target and narrowed its 2025 FFO guidance.

Brandywine Realty Trust reported a net loss available to common shareholders of $(43.3) million, or $(0.25) per share, for the fourth quarter of 2024. FFO available to common shareholders was $29.9 million, or $0.17 per diluted share. Key transactions included the sale of One and Two Barton Skyway in Austin and a 50% interest in an unconsolidated joint venture owning 4040 Wilson in Arlington.

Brandywine Realty Trust reported a net loss of $(165.5) million, or $(0.96) per share, for the third quarter of 2024. Despite this, the company made strong progress on its 2024 business plan, exceeding many targets and raising both the speculative revenue target and the annual tenant retention rate.

Brandywine Realty Trust reported a net income of $29.9 million, or $0.17 per diluted share, for the second quarter of 2024. The results include a one-time, non-cash income of $53.8 million related to the recapitalization of a joint venture. The company is narrowing its 2024 FFO guidance from $0.90 - $0.97 to $0.91 - $0.96 per diluted share.

Brandywine Realty Trust reported a net loss of $16.7 million, or ($0.10) per share, and FFO of $41.2 million, or $0.24 per diluted share. The company narrowed its FFO guidance for 2024 to $0.90 - $0.97 per diluted share.

Brandywine Realty Trust reported a net loss of $(157.4) million, or $(0.91) per share, and FFO available to common shareholders of $47.2 million, or $0.27 per diluted share for the fourth quarter of 2023. The results include a non-cash impairment charge of $(152.6) million, or $(0.89) per share, related to four wholly-owned operating properties located in the metropolitan D.C. area and unconsolidated joint ventures. Same store results increased 1.2% on an accrual basis and 8.3% on a cash basis.

Brandywine Realty Trust reported a net loss of $(21.7) million, or $(0.13) per share, for the third quarter of 2023. FFO was $50.6 million, or $0.29 per diluted share. The company narrowed its 2023 FFO guidance to $1.15 to $1.17 per diluted share.

Brandywine Realty Trust reported a net loss of $12.9 million, or ($0.08) per share, and FFO of $49.6 million, or $0.29 per diluted share. The company narrowed its 2023 FFO guidance to $1.14 - $1.18 per diluted share and achieved 89% of its speculative revenue target based on the midpoint of its guidance.

Brandywine Realty Trust reported a net loss of $5.3 million, or ($0.03) per share. Funds from Operations (FFO) was $50.8 million, or $0.29 per diluted share. The company highlighted progress on its 2023 business plan, achieving 71% of its speculative revenue target based on the midpoint of its guidance.

Brandywine Realty Trust reported a net income of $29.5 million, or $0.17 per diluted share, and FFO of $55.7 million, or $0.32 per diluted share for the fourth quarter of 2022. The company sold one office property and its ownership interest in a mixed-use property for $113.6 million, generating a gain of $35.4 million. They also completed an offering of $350 million of guaranteed notes due 2028 and redeemed all outstanding 2023 notes.

Brandywine Realty Trust reported excellent progress on its 2022 business plan, achieving 100% of its speculative revenue target based on the midpoint of its guidance. The company experienced positive mark-to-market rent increases and net absorption, and announced a new fully leased build-to-suit development project.

Brandywine Realty Trust reported a net income of $4.5 million, or $0.03 per share, and FFO of $60.5 million, or $0.35 per share. The company has narrowed its 2022 FFO guidance from $1.37-$1.45 per share to $1.36-$1.40 per share due to rising interest rates.

Brandywine Realty Trust reported a net income of $5.9 million, or $0.03 per diluted share, and FFO of $60.3 million, or $0.35 per diluted share. The company experienced increased physical occupancy and traffic, achieving 84% of its speculative revenue target at the midpoint of its range. Rental rate mark-to-market increased 20.4% and 12.9% on an accrual and cash basis, respectively.

Brandywine Realty Trust announced its Q4 and full-year 2021 results, exceeding its business plan revenue target and reaching pre-pandemic forward-leasing pipeline levels. The company's core portfolio experienced net absorption of 116,000 square feet during the quarter, and it initiated its 2022 FFO guidance range of $1.37 to $1.45 per diluted share.

Brandywine Realty Trust reported its Q3 2021 financial results, with net income available to common shareholders at $0.9 million, or $0.01 per diluted share, and Funds from Operations (FFO) at $61.1 million, or $0.35 per diluted share. The company narrowed its full-year 2021 FFO guidance to $1.35 to $1.39 per share.

Brandywine Realty Trust reported a net loss to common shareholders of ($0.3) million, or less than ($0.01) per share, and FFO of $55.9 million, or $0.32 per share. The company narrowed its speculative revenue guidance range, increasing the midpoint by $0.5 million and achieving 98% of the revised midpoint. Positive mark-to-market rents increased 22% and 14% on an accrual and cash basis.

Brandywine Realty Trust reported first quarter results with a net income of $6.8 million, or $0.04 per diluted share, and FFO of $60.2 million, or $0.35 per diluted share. The company narrowed its 2021 FFO guidance to $1.33 to $1.41 per share.

Brandywine Realty Trust reported a net income of $18.9 million, or $0.11 per diluted share, and FFO of $61.4 million, or $0.36 per diluted share, for the fourth quarter of 2020. The company exceeded its 2020 speculative revenue target and achieved strong quarterly mark-to-market rents. Several successful capital markets transactions were executed.

Brandywine Realty Trust announced third quarter results, which included a $271.9 million net gain on disposition of real estate from its Commerce Square joint venture. The company narrowed its 2020 FFO guidance from $1.38 to $1.44 per diluted share to $1.40 to $1.42 per diluted share.

Brandywine Realty Trust announced the closing of a joint venture on One and Two Commerce Square in Philadelphia, PA, and reported its financial and operating results for the three and six-month periods ended June 30, 2020. The company's operating and financial platform remains strong and secure with excellent liquidity.

Brandywine Realty Trust announced first quarter results with net income of $7.9 million, or $0.04 per diluted share, and FFO of $61.4 million, or $0.35 per diluted share. The company revised its 2020 FFO guidance from $1.41 - $1.51 to $1.37-$1.45 per diluted share due to the uncertainty surrounding the healthcare crisis.

Brandywine Realty Trust reported a net income of $16.7 million, or $0.09 per diluted share, and FFO of $67.0 million, or $0.38 per diluted share, for the fourth quarter of 2019. The company's core portfolio was 93.0% occupied and 95.5% leased. They signed new and renewal leases for 567,000 square feet.