Franklin BSP Realty Trust, Inc. (FBRT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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FBRT Revenue Growth
Revenue Breakdown (FY 2025)
FBRT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
FBRT Revenue Analysis (2014–2025)
As of May 8, 2026, Franklin BSP Realty Trust, Inc. (FBRT) generated trailing twelve-month (TTM) revenue of $401.1 million. The most recent quarter (Q1 2026) recorded $0 in revenue, down 100.0% sequentially.
Looking at the longer-term picture, FBRT's historical revenue data shows various trends over time. The company achieved its highest annual revenue of $569.5 million in 2023.
Revenue diversification analysis shows FBRT's business is primarily driven by Real Estate Owned (51%), and Agency Business (49%). With over half of revenue concentrated in Real Estate Owned, the company maintains significant focus in this area while developing other growth vectors.
When compared to Real Estate sector peers including BXMT (-7.0% YoY), RC (+1726.0% YoY), and GPMT (+249.6% YoY). Compare FBRT vs BXMT →
FBRT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FBRTCurrent | $401M | - | - | - | |
 BXMT | $1.5B | -7.0% | +14.4% | 71.6% | |
 RC | $499M | +1726.0% | +5.4% | 24.2% | |
 GPMT | $145M | +249.6% | +6.7% | 43.6% | |
 TRTX | $333M | +307.7% | +32.7% | 73.0% | |
 ARI | $710M | +7.3% | +15.7% | 65.4% |
FBRT Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $0 | -100.0% | $0 | - | $88.0M | - |
| 2024 | $548.9M | -3.6% | $210.5M | 38.3% | $115.4M | 21.0% |
| 2023 | $569.5M | +55.0% | $263.9M | 46.3% | $154.8M | 27.2% |
| 2022 | $367.4M | +65.7% | $201.7M | 54.9% | $52.3M | 14.2% |
| 2021 | $221.6M | +20.3% | $160.8M | 72.6% | $165.0M | 74.4% |
| 2020 | $184.2M | -7.2% | $114.0M | 61.9% | $59.2M | 32.1% |
| 2019 | $198.5M | +30.3% | $105.2M | 53.0% | $22.9M | 11.5% |
| 2018 | $152.3M | +70.0% | $82.3M | 54.0% | $46.9M | 30.8% |
| 2017 | $89.6M | +12.8% | $57.2M | 63.9% | $36.4M | 40.7% |
| 2016 | $79.4M | +33.7% | $56.2M | 70.8% | $35.6M | 44.8% |
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Start ComparisonFBRT — Frequently Asked Questions
Quick answers to the most common questions about buying FBRT stock.
Is FBRT's revenue growth accelerating or slowing?
FBRT TTM revenue: $401M. YoY growth: N/A. 5-year CAGR: N/A.
What is FBRT's long-term revenue growth rate?
Franklin BSP Realty Trust, Inc.'s 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of N/A is near this long-term average.
How is FBRT's revenue distributed by segment?
FBRT 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.