Franklin BSP Realty Trust, Inc. (FBRT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 0 | 144.97M | 136.62M | 119.51M | 0 | 135.42M | 139.55M | 132.78M | 141.17M | 135.99M | 140.36M | 159.33M | 133.85M | 120.82M | 96.44M | 72.53M | 77.57M | 80.23M | 48.76M | 49.7M |
| Revenue Growth % | - | 7.05% | -2.1% | -10% | -100% | -0.42% | -0.57% | -16.66% | 5.47% | 12.55% | 45.54% | 119.69% | 72.55% | 50.59% | 97.78% | 45.92% | 80.59% | 77.55% | 7.33% | 12.78% |
| Property Operating Expenses | 0 | 14.07M | 76.49M | 70.21M | 0 | 226.73M | 89.88M | 7.67M | 9.28M | 81.23M | 4.11M | 75.3M | 71.08M | 64.26M | 46.16M | 32.81M | 22.48M | 24.84M | 11.99M | 12.64M |
| Net Operating Income (NOI) | 0 | 130.89M | 60.13M | 49.29M | 0 | -91.31M | 49.67M | 125.11M | 131.88M | 54.76M | 136.25M | 84.03M | 62.77M | 56.56M | 50.29M | 39.72M | 55.09M | 55.39M | 36.77M | 37.06M |
| NOI Margin % | - | 90.29% | 44.01% | 41.25% | - | -67.42% | 35.59% | 94.22% | 93.42% | 40.27% | 97.07% | 52.74% | 46.9% | 46.81% | 52.14% | 54.76% | 71.02% | 69.04% | 75.42% | 74.57% |
| Operating Expenses | -13.22M | 30.95M | 58.41M | 16.33M | -24.36M | -86.44M | 15.55M | 40.25M | 11.03M | 19.39M | 4.15M | 40.14M | 24.11M | 21.52M | 14.87M | 52.21M | 17.1M | 12.5M | 12.12M | 10.75M |
| G&A Expenses | 42.9M | 38.36M | 55.54M | 16.43M | 18.73M | 14.4M | 14.43M | 12.91M | 16.61M | -3.95M | 4.15M | 16.32M | 17.95M | 14.85M | 14.17M | 18.39M | 16.76M | 10.94M | 13.73M | 11.86M |
| EBITDA | 16.64M | 103.34M | 5.15M | 34.35M | 25.74M | 137.63M | 35.51M | 116.45M | 122.28M | 135.31M | -6.75M | -2.29M | 40.46M | 155.15M | 36.71M | -11.2M | 39.29M | 132.16M | 24.67M | 26.72M |
| EBITDA Margin % | - | 71.29% | 3.77% | 28.74% | - | 101.63% | 25.44% | 87.7% | 86.62% | 99.5% | -4.81% | -1.44% | 30.23% | 128.41% | 38.06% | -15.44% | 50.65% | 164.73% | 50.58% | 53.75% |
| Depreciation & Amortization | 3.42M | 3.4M | 3.43M | 1.38M | 1.38M | 1.41M | 1.39M | 1.42M | 1.42M | 2.9M | 1.51M | 2.2M | 1.8M | 126.09M | 1.29M | 1.3M | 1.29M | 40.79M | 12K | 406K |
| D&A / Revenue % | - | 2.35% | 2.51% | 1.16% | - | 1.04% | 0.99% | 1.07% | 1% | 2.13% | 1.08% | 1.38% | 1.35% | 104.36% | 1.34% | 1.79% | 1.67% | 50.84% | 0.02% | 0.82% |
| Operating Income | 13.22M | 99.94M | 1.72M | 32.97M | 24.36M | 136.22M | 34.12M | 115.04M | 120.86M | 132.41M | -8.27M | -4.49M | 38.66M | 29.06M | 35.42M | -12.49M | 37.99M | 91.38M | 24.65M | 26.31M |
| Operating Margin % | - | 68.94% | 1.26% | 27.58% | - | 100.59% | 24.45% | 86.64% | 85.61% | 97.37% | -5.89% | -2.81% | 28.88% | 24.05% | 36.72% | -17.23% | 48.98% | 113.89% | 50.56% | 52.94% |
| Interest Expense | 0 | 1000K | 1000K | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | - | 1.35x | 0.02x | - | - | 4.48x | 0.38x | 0.05x | 0.41x | -0.26x | 1.43x | 0.58x | - | 0.72x | 0.77x | -0.38x | 1.23x | 1.91x | 2.06x | 2.08x |
| Non-Operating Income | 17.89M | 4.26M | 0 | 0 | -7.43M | -23.31M | 0 | 0 | -2.45M | 125.42M | -76.05M | -4.56M | 0 | -30.12M | 0 | 0 | 0 | 148.73M | 0 | 0 |
| Pretax Income | 13.22M | 24.65M | 14.72M | 24.25M | 24.36M | 30.36M | 30.38M | -3.88M | 36.66M | 29.68M | 29.2M | 39.7M | 43.18M | 26.49M | 35.68M | -25.82M | -22.53M | -72.77M | 39.64M | 30.31M |
| Pretax Margin % | - | 17% | 10.77% | 20.29% | - | 22.42% | 21.77% | -2.92% | 25.97% | 21.83% | 20.8% | 24.91% | 32.26% | 21.93% | 36.99% | -35.61% | -29.05% | -90.7% | 81.3% | 60.98% |
| Income Tax | 929K | 6.27M | -2.9M | -138K | 654K | 193K | 209K | -117K | 835K | -3.95M | -1.8M | 53K | -662K | -680K | 419K | -114K | -24K | 181K | 1.15M | 300K |
| Effective Tax Rate % | 7.03% | 25.43% | -19.7% | -0.57% | 2.68% | 0.64% | 0.69% | 3.01% | 2.28% | -13.3% | -6.16% | 0.13% | -1.53% | -2.57% | 1.17% | 0.44% | 0.11% | -0.25% | 2.9% | 0.99% |
| Net Income | 11.98M | 19.25M | 17.31M | 23.2M | 24.06M | 3.98M | 31.61M | -2.63M | 35.92M | 37.05M | 24.73M | 39.6M | 43.83M | 41.24M | 35.26M | -25.71M | -22.51M | -50.19M | 38.49M | 30.01M |
| Net Margin % | - | 13.28% | 12.67% | 19.41% | - | 2.94% | 22.65% | -1.98% | 25.45% | 27.24% | 17.62% | 24.86% | 32.75% | 34.14% | 36.56% | -35.45% | -29.02% | -62.56% | 78.94% | 60.38% |
| Net Income Growth % | -50.2% | 384.26% | -45.23% | 983.85% | -33.02% | -89.27% | 27.83% | -106.63% | -18.05% | -10.17% | -29.85% | 254.04% | 294.74% | 182.17% | -8.41% | -185.67% | -174.66% | -233.52% | 79.07% | 284.05% |
| Funds From Operations (FFO) | 15.4M | 22.65M | 20.75M | 24.58M | 25.44M | 5.38M | 33M | -1.21M | 37.34M | 39.95M | 26.25M | 41.8M | 45.63M | 167.33M | 36.55M | -24.41M | -21.21M | -9.41M | 38.51M | 30.42M |
| FFO Margin % | - | 15.63% | 15.19% | 20.57% | - | 3.98% | 23.65% | -0.91% | 26.45% | 29.38% | 18.7% | 26.23% | 34.09% | 138.5% | 37.9% | -33.66% | -27.35% | -11.72% | 78.97% | 61.2% |
| FFO Growth % | -39.46% | 320.69% | -37.14% | 2134.93% | -31.87% | -86.52% | 25.74% | -102.89% | -18.18% | -76.13% | -28.2% | 271.22% | 315.14% | 1878.81% | -5.07% | -180.26% | -169.43% | -109.47% | 74.33% | 262.1% |
| FFO per Share | 0.19 | 0.15 | 0.23 | 0.30 | 0.31 | 0.07 | 0.40 | -0.01 | 0.46 | 0.49 | 0.32 | 0.51 | 0.55 | 2.34 | 0.44 | -0.32 | -0.24 | -0.11 | 0.44 | 0.34 |
| FFO Payout Ratio % | 0% | 160.87% | 175.73% | 148.25% | 142.44% | 673% | 109.78% | -3006.04% | 96.75% | 90.65% | 138% | 85.16% | 79.58% | 21.8% | 98.2% | -150.7% | -142.63% | -275.23% | 41.81% | 38.89% |
| EPS (Diluted) | 0.07 | 0.13 | 0.12 | 0.19 | 0.20 | 0.28 | 0.30 | -0.11 | 0.35 | 0.29 | 0.30 | 0.39 | 0.44 | 0.70 | 0.34 | -0.43 | -0.99 | -1.90 | 0.67 | 0.52 |
| EPS Growth % | -65% | -53.57% | -60% | 272.73% | -42.86% | -3.45% | 0% | -128.21% | -20.45% | -58.57% | -11.76% | 190.7% | 144.44% | 136.84% | -49.25% | -182.69% | -286.79% | -374.57% | 76.32% | 430.61% |
| EPS (Basic) | 0.07 | 0.14 | 0.12 | 0.19 | 0.20 | 0.28 | 0.30 | -0.11 | 0.35 | 0.29 | 0.30 | 0.39 | 0.44 | 0.70 | 0.34 | -0.43 | -0.99 | -1.90 | 0.67 | 0.52 |
| Diluted Shares Outstanding | 79.93M | 150.54M | 90.6M | 82.18M | 82.05M | 81.85M | 81.79M | 81.82M | 81.99M | 82.31M | 82.21M | 82.25M | 82.77M | 71.63M | 83.67M | 75.84M | 87.91M | 86.87M | 88.4M | 88.56M |