Brandywine Realty Trust has reported its latest financial figures, surpassing analysts’ expectations for both revenue and net loss in its most recent quarter. The release of these results post-market on Tuesday saw the company’s stock surge nearly 12% the following day.
The real estate investment trust (REIT), which has primarily focused on office properties, is in the process of diversifying its portfolio. For the fourth quarter of 2025, Brandywine recorded revenues just shy of $121 million, representing a slight decrease from the same quarter in 2024.
Despite the dip in revenue, the company managed to narrow its net loss under generally accepted accounting principles (GAAP) to $36.9 million, or $0.21 per share, compared to a much larger loss of $44.8 million in the previous year. Additionally, funds from operations (FFO), a metric that provides better insight into a REIT’s performance, fell to $14.6 million or $0.08 per share, down from $29.9 million in the fourth quarter of 2024. Notably, both of these figures exceeded consensus analyst estimates, which had anticipated revenue of $116.6 million and a non-GAAP adjusted net loss of $0.23 per share.
On the trading front, Brandywine’s stock displayed strong performance metrics, currently priced at $3.15 with a market cap of $490 million. The day’s trading range was noted between $2.88 and $3.23, while the stock has fluctuated between $2.74 and $5.13 over the past year. The company’s gross margin stands at 25.84%, and it boasts an enticing dividend yield of 16.31%.
In terms of future expectations, Brandywine highlighted several accomplishments in its earnings release, particularly in improving tenant retention in an office sector that has faced significant challenges. The company provided guidance for FFO between $0.51 and $0.59 per share for the full year, signaling management’s optimistic outlook for performance improvements over the upcoming quarters. This positive forward guidance positions Brandywine as a potential REIT to monitor in the market moving forward.
