Brandywine Realty Trust revenue
Brandywine Realty Trust's revenue was $484m in fiscal 2025, down 4.2% on the year before. Since fiscal 2016 ($525m) it has grown at a compound -0.9% a year. Over the last twelve months it was $503m.
Revenue history
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 525 | 520 | 544 | 580 | 535 | 487 | 506 | 515 | 506 | 484 | 503 |
| Growth on the year before | — | −0.9% | +4.6% | +6.6% | −7.9% | −9.0% | +4.0% | +1.7% | −1.8% | −4.2% | — |
| Gross profit | 316 | 314 | 326 | 355 | 329 | 299 | 312 | 325 | 318 | 299 | 299 |
| Gross margin | 60.1% | 60.4% | 59.9% | 61.1% | 61.6% | 61.3% | 61.6% | 63.1% | 62.9% | 61.8% | 59.5% |
Where the revenue comes from
| Line of business | Revenue | YoY |
|---|---|---|
| Philadelphia CBD | $232M | ▲ 2.6% |
| Pennsylvania Suburbs | $127M | ▲ 1.4% |
| Austin Texas | $67.3M | ▼ 22.8% |
| Other | $40.1M | ▼ 4.8% |
| All Other Segments | $40.1M | ▼ 4.8% |
These categories overlap or exclude eliminations, so shares aren't shown.
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Rents | $458M | 94.3% | ▼ 2.5% |
| Lease Revenue (part of Rents) | $446M | 97.4% | ▼ 2.7% |
| Daily Parking and Hotel Flexible Stay (part of Rents) | $11M | 2.4% | ▲ 9.4% |
| Third Party Management Revenue | $20.3M | 4.2% | ▼ 14.4% |
| Real Estate Other | $6.6M | 1.4% | ▼ 47.2% |
| Amortization of Deferred Market Rents | $718,000 | 0.1% | ▼ 21.9% |
From Brandywine Realty Trust's 10-K filed February 23, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Brandywine Realty Trust | $503m | 3.5% | -0.7% |
| Piedmont Realty Trust, Inc. | $582m | 2.9% | 0.1% |
| Empire State Realty OP, L.p. | $784m | 2.0% | 2.9% |
| Empire State Realty Trust, Inc. | $784m | 2.0% | 2.9% |
| Copt Defense Properties | $784m | 4.5% | 4.1% |
| Highwoods Properties, Inc. | $852m | 5.4% | 0.5% |
Compare with peers
- Piedmont Realty Trust, Inc. revenue
- Empire State Realty OP, L.p. revenue
- Empire State Realty Trust, Inc. revenue
- Copt Defense Properties revenue
- Highwoods Properties, Inc. revenue
Head to head: BDN vs PDMBDN vs ESBABDN vs ESRT
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