Quarterly ResultOct 29, 2026, 03:26 PM
Brandywine Realty Trust Reports Q3 Net Loss of $22.03M
AI Summary
Brandywine Realty Trust (BDN) filed its 10-Q report for the period ended September 30, 2026. The company reported a net loss of $22.03 million for the third quarter, an improvement from the $25.92 million net loss in the same period last year. Total revenue increased to $125.64 million from $121.42 million year-over-year. However, the net loss attributable to common shareholders was $22.26 million, or $0.13 per share. The filing also detailed a significant increase in cash and cash equivalents to $312.74 million, alongside a decrease in total assets and liabilities.
Key Highlights
- Brandywine Realty Trust reported a net loss of $22.03 million for the three months ended September 30, 2026, compared to a net loss of $25.92 million in the prior year.
- Total revenue for the three months ended September 30, 2026, was $125.64 million, an increase from $121.42 million in the same period last year.
- Net loss attributable to Common Shareholders was $22.26 million, or $0.13 per share, for the three months ended September 30, 2026.
- For the nine months ended September 30, 2026, the company reported a net loss of $102.04 million.
- Total assets decreased to $3.28 billion as of September 30, 2026, from $3.59 billion as of December 31, 2025.
- Total liabilities decreased to $2.63 billion as of September 30, 2026, from $2.79 billion as of December 31, 2025.
- Cash and cash equivalents increased significantly to $312.74 million as of September 30, 2026, from $32.28 million as of December 31, 2025.
Price Impact
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