Brandywine Realty Trust (BDN) revenue breakdown
By segment, Philadelphia CBD is the largest at 46% of fiscal 2022 revenue; Other grew fastest, 36% a year over 3 years.
By product, Fixed rent is the largest at 73% of fiscal 2025 revenue, growing -2% a year over 6 years.
Revenue by segment
Fiscal years, as Brandywine Realty Trust reports them in its 10-K filings; fiscal 2022 total $483M.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | Share |
|---|---|---|---|---|---|---|---|---|
| Philadelphia CBD | $200M | $227M | $257M | $264M | $232M | $208M | $221M | 46% |
| Pennsylvania Suburbs | $144M | $140M | $138M | $141M | $142M | $125M | $129M | 27% |
| Austin, Texas | $35M | $34M | $39M | $104M | $103M | $102M | $96M | 20% |
| Other | — | — | — | $15M | $13M | $14M | $37M | 8% |
| Metropolitan Washington, D.C. | $100M | $92M | $90M | $51M | $40M | $20M | — | — |
| Other | $39M | $18M | — | — | — | — | — | — |
| Other | — | — | $17M | — | — | — | — | — |
Revenue by product
Fiscal years, as Brandywine Realty Trust reports them in its 10-K filings; fiscal 2025 total $484M.
| Products | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Fixed rent | — | $412M | $393M | $344M | $353M | $372M | $364M | $354M | 73% |
| Variable rent | — | $114M | $104M | $90M | $100M | $97M | $94M | $92M | 19% |
| Third party management fees, labor reimbursement and leasing | $23M | $20M | $19M | $26M | $24M | $24M | $24M | $20M | 4% |
| Daily parking & hotel flexible stay | — | $20M | $11M | $12M | $15M | $10M | $10M | $11M | 2% |
| Other | $7M | $6M | $3M | $9M | $11M | $10M | $13M | $7M | 1% |
| Amortization of deferred market rents | — | $9M | $5M | $5M | $3M | $1M | $919,000 | $718,000 | 0% |
| Rents | $515M | — | — | — | — | — | — | — | — |
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Where does Brandywine Realty Trust make its money?
In fiscal 2022, by segment: Philadelphia CBD $221M, Pennsylvania Suburbs $129M, Austin, Texas $96M, Other $37M.
From Brandywine Realty Trust's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.