Brandywine Realty Trust (BDN) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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BDN Revenue Growth
Revenue Breakdown (FY 2025)
BDN's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
BDN Revenue Analysis (2014–2025)
As of May 8, 2026, Brandywine Realty Trust (BDN) generated trailing twelve-month (TTM) revenue of $489.9 million, reflecting modest growth of +4.5% year-over-year. The most recent quarter (Q1 2026) recorded $127.0 million in revenue, up 5.0% sequentially.
Looking at the longer-term picture, BDN's 5-year compound annual growth rate (CAGR) stands at -2.0%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $602.6 million in 2015.
Revenue diversification analysis shows BDN's business is primarily driven by Rents (49%), Lease Revenue (48%), and Third Party Management Revenue (2%).
When compared to Real Estate sector peers including PDM (-25.7% YoY), HIW (+0.4% YoY), and DEA (+11.9% YoY), BDN has underperformed the peer group in terms of revenue growth. Compare BDN vs PDM →
BDN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BDNCurrent | $490M | +4.5% | -2.0% | 16.7% | |
 PDM | $565M | -25.7% | +1.1% | 14.1% | |
 HIW | $806M | +0.4% | +1.8% | 26.0% | |
 DEA | $336M | +11.9% | +6.5% | 24.9% | |
 PGRE | $757M | -5.3% | -0.3% | 19.6% | |
 BXP | $3.5B | +2.2% | +4.7% | 55.7% |
BDN Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $484.5M | -4.2% | $-53,596,000 | -11.1% | $80.8M | 16.7% |
| 2024 | $505.5M | -1.8% | $318.2M | 62.9% | $54.9M | 10.9% |
| 2023 | $514.7M | +1.7% | $324.7M | 63.1% | $-21,581,000 | -4.2% |
| 2022 | $506.1M | +4.0% | $311.7M | 61.6% | $119.7M | 23.7% |
| 2021 | $486.8M | -9.0% | $298.5M | 61.3% | $93.3M | 19.2% |
| 2020 | $534.9M | -7.9% | $329.4M | 61.6% | $400.5M | 74.9% |
| 2019 | $580.4M | +6.6% | $354.6M | 61.1% | $114.8M | 19.8% |
| 2018 | $544.3M | +4.6% | $326.3M | 59.9% | $56.7M | 10.4% |
| 2017 | $520.5M | -0.9% | $314.5M | 60.4% | $135.5M | 26.0% |
| 2016 | $525.5M | -12.8% | $316.0M | 60.1% | $59.2M | 11.3% |
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Start ComparisonBDN — Frequently Asked Questions
Quick answers to the most common questions about buying BDN stock.
Is BDN's revenue growth accelerating or slowing?
BDN revenue growth slowed to +4.5%, below the 5-year CAGR of -2.0%. TTM revenue is $490M. The deceleration marks a shift from historical growth rates.
What is BDN's long-term revenue growth rate?
Brandywine Realty Trust's 5-year revenue CAGR of -2.0% reflects the variable expansion pattern. Current YoY growth of +4.5% is near this long-term average.
How is BDN's revenue distributed by segment?
BDN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.