10-Q quarterly report · filed Nov 7, 2025

BRANDYWINE REALTY TRUST (BDN) Q3 2025 10-Q Quarterly Report

Short answer

BRANDYWINE REALTY TRUST (BDN) filed its Q3 2025 10-Q quarterly report on Nov 7, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $121M (down 7.9% year over year) with net income of −$26M.

Q3 2025 key financials · XBRL

Revenue
$121M
−7.9% YoY · +0.7% QoQ
Net income
−$26M
+84.3% YoY · +70.8% QoQ
Operating margin
20.8%
Gross margin
62.6%
EPS (diluted)
−$0.15
+84.4% YoY · +70.6% QoQ

Source: XBRL data from the BRANDYWINE REALTY TRUST (BDN) Q3 2025 10-Q on SEC EDGAR. USD.

BRANDYWINE REALTY TRUST Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $121.4M, down $10.4M or 7.9% YoY
  • Operating income $25.2M vs $(9.5)M, operating margin 20.8% vs (7.2)% YoY
  • Same-store NOI $67.4M, up $1.0M or 1.5%; Austin occupancy 77.2% vs 79.5%
  • Core occupancy 88.8% vs 87.2%; quarterly net absorption 20,816 square feet vs (68,481)
  • Outlook: positive rental-rate increases expected through fiscal 2025 amid inflation, high rates and remote-work headwinds

Risk Factors

  • No risk-factors section provided; filing text contains Items 2–6 and exhibits only
  • Financial capacity: $82.9 million remained available under the share repurchase program at September 30, 2025
  • Debt documentation: Amendment to Second Amended and Restated Credit Agreement dated September 26, 2025
  • Debt financing: 6.125% Guaranteed Notes due 2031 disclosed in Exhibit 4.1

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other BRANDYWINE REALTY TRUST quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.