Company overview
What does BRANDYWINE REALTY TRUST do?
BRANDYWINE REALTY TRUST (BDN) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 6798 (Real Estate Investment Trusts).
What does BRANDYWINE REALTY TRUST do?
BRANDYWINE REALTY TRUST (BDN) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 6798 (Real Estate Investment Trusts).
What industry is BRANDYWINE REALTY TRUST in?
Financial Services · Real Estate Investment Trusts
What was BRANDYWINE REALTY TRUST's latest reported revenue?
$127M for Q1 2026, from 10-Q filed May 1, 2026.
What changed in the latest comparable period?
Revenue increased +4.5% ($121.5M to $127.0M; Q1 2025 vs Q1 2026).
Business model (from the public record)
Belvedere describes the business using the issuer’s SEC classification and the company description extracted from public filings. Segment mix, customer identity, and recurring-versus-transactional revenue are shown only when those facts are identified in the filing extract—not inferred.
Financial Services · Real Estate Investment Trusts · United States
Financial profile
- Revenue
- $127M 10-Q · Q1 2026 · Filed May 1, 2026
- Revenue growth YoY
- +4.5% Belvedere calculation · 10-Q · Q1 2026 · Filed May 1, 2026
- Gross margin
- +59.0% Belvedere calculation · 10-Q · Q1 2026 · Filed May 1, 2026
- Operating margin
- +1.2% Belvedere calculation · 10-Q · Q1 2026 · Filed May 1, 2026
- Net income
- -$48.6M 10-Q · Q1 2026 · Filed May 1, 2026
- Operating cash flow
- $10.2M 10-Q · Q1 2026 · Filed May 1, 2026
- Capex
- — Not identified in latest matched XBRL period
- Belvedere FCF
- — Not identified in latest matched XBRL period
- FCF margin
- — Not identified in latest matched XBRL period
- Cash
- $36.2M 10-Q · Mar 31, 2026 · Filed May 1, 2026
- Debt
- $2.6B Belvedere calculation · 10-Q · Mar 31, 2026 · Filed May 1, 2026
- Net debt
- $2.6B Belvedere calculation · 10-Q · Mar 31, 2026 · Filed May 1, 2026
- Shares
- 173,711,845 10-Q · Mar 31, 2026 · Filed May 1, 2026
Balance sheet snapshot
Cash $36.2M. Identified debt $2.6B. Net debt $2.6B. Missing debt tags are not treated as a zero-debt capital structure.
Financial information is derived from public filings and other identified sources. Belvedere calculations may differ from company-defined non-GAAP measures. See methodology and source notes. Valuation multiples are omitted because a licensed market-data provider is not configured.
Latest filings
| Form | Filed | Period | Accession | Source |
|---|---|---|---|---|
| 8-K | Sep 17, 2026 | Sep 15, 2026 | 0000790816-26-000035 | SEC |
| 8-K | Sep 3, 2026 | Aug 31, 2026 | 0000790816-26-000033 | SEC |
| 8-K | Aug 17, 2026 | Aug 17, 2026 | 0001193125-26-353237 | SEC |
| 10-Q | Jul 28, 2026 | Jun 30, 2026 | 0000790816-26-000029 | SEC |
| 8-K | Jul 23, 2026 | Jul 22, 2026 | 0000790816-26-000025 | SEC |
| 8-K | Jul 10, 2026 | Jul 9, 2026 | 0000790816-26-000022 | SEC |
| 8-K | Jun 1, 2026 | May 28, 2026 | 0000790816-26-000019 | SEC |
| 10-Q | May 1, 2026 | Mar 31, 2026 | 0000790816-26-000017 | SEC |
| 8-K | Apr 23, 2026 | Apr 22, 2026 | 0000790816-26-000014 | SEC |
| DEF 14A | Apr 7, 2026 | May 28, 2026 | 0001193125-26-145566 | SEC |
| 8-K/A | Mar 13, 2026 | Dec 10, 2025 | 0001193125-26-106324 | SEC |
What changed
Each line is an arithmetic comparison of sourced facts. It is not a thesis.
Research view
Belvedere has not published an initiation or update on BRANDYWINE REALTY TRUST. Universe inclusion is not a rating, a forecast, or coverage in the sell-side sense.
Research Radar
| Kind | Change | Explanation | Source | Date |
|---|---|---|---|---|
| Revenue | +4.5% | Revenue increased +4.5% ($121.5M to $127.0M; Q1 2025 vs Q1 2026). | 10-Q · Revenues | May 1, 2026 |
| Margin change | $0.59 | Reported gross margin was +59.0% in the latest comparable period. | 10-Q · BelvedereGrossMargin | May 1, 2026 |
| Cash generation | $10.2M | Net cash provided by operating activities was $10.2M. | 10-Q · NetCashProvidedByUsedInOperatingActivities | May 1, 2026 |
| Cash | $36.2M | Cash and cash equivalents were $36.2M as of the latest reported balance-sheet date. | 10-Q · CashAndCashEquivalentsAtCarryingValue | May 1, 2026 |
| Share count | $173.7M | Shares outstanding were 173,711,845 as of the latest reported date. | 10-Q · CommonStockSharesOutstanding | May 1, 2026 |
Rankings
BRANDYWINE REALTY TRUST does not currently meet the published eligibility rules of a live Belvedere ranking.
Industry context
BRANDYWINE REALTY TRUST is mapped to Financial Services (Real Estate Investment Trusts) from SIC metadata on the SEC submission. Mapping is a classification convenience, not a claim that every peer is economically comparable.
Belvedere Research Profile
This measures researchable information characteristics. It is not investment advice, a credit rating, or a buy/sell/hold recommendation.
Presence of core income-statement, cash-flow and balance-sheet concepts in SEC XBRL.
Comparable-period revenue history and operating-result availability.
Availability of margin, cash-flow and per-share concepts used in screening.
SEC periodic reports, current reports, proxy statement and website identified in submissions.
Distinct filing years in the current archive window plus comparable prior-period revenue.
Risks
Belvedere does not manufacture generic risk language. Material risks are those the issuer discloses in its periodic reports, particularly Item 1A of the latest Form 10-K.
A Form 10-K was not present in the current filing window.
Sources
- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Q1 2026
- Filed
- May 1, 2026
- Accession
- 0000790816-26-000017
- Concept
- Revenues
- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Q1 2026
- Filed
- May 1, 2026
- Accession
- 0000790816-26-000017
- Concept
- BelvedereRevenueGrowthYoY
(Revenues 2026-03-31 / Revenues 2025-03-31) - 1
View filing- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Mar 31, 2026
- Filed
- May 1, 2026
- Accession
- 0000790816-26-000017
- Concept
- CashAndCashEquivalentsAtCarryingValue
Disclosure
Belvedere Research publishes informational analysis. Nothing on this site is investment advice, an offer, or a solicitation to buy or sell any security.
This page is a company intelligence / data profile. It is not a research report unless a dated note is attached above. Rankings appearing here are independent of any issuer compensation.
Frequently asked questions
- What does BRANDYWINE REALTY TRUST do?
- BRANDYWINE REALTY TRUST (BDN) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 6798 (Real Estate Investment Trusts).
- What industry is BRANDYWINE REALTY TRUST in?
- BRANDYWINE REALTY TRUST is classified in Financial Services (Real Estate Investment Trusts).
- When did BRANDYWINE REALTY TRUST last file a periodic report?
- BRANDYWINE REALTY TRUST last filed a 10-Q on Jul 28, 2026 (accession 0000790816-26-000029).
- What was BRANDYWINE REALTY TRUST's latest revenue?
- $127M for Q1 2026, sourced from 10-Q filed May 1, 2026.
- Does Belvedere cover BRANDYWINE REALTY TRUST?
- BRANDYWINE REALTY TRUST is in the Belvedere universe. Presence in the universe is not the same as active initiation coverage.