AI brief of an SEC Form 8-K · BRANDYWINE REALTY TRUST (BDN)

Brandywine Realty Trust Q3 net loss $22.3 million; 2026 loss outlook widens

Mixed Impact 4 of 5 earnings Written later

Brandywine Realty Trust reported a third-quarter 2026 net loss of $22.3 million, or $0.13 per share, narrower than the $26.2 million loss a year earlier, while Core FFO fell to $24.6 million from $28.0 million. The company widened its 2026 loss-per-share guidance to $(0.64) to $(0.62) from $(0.45) to $(0.41), mainly due to the Philadelphia office sale and debt extinguishment losses, while narrowing its Core FFO range to $0.54 to $0.56 per diluted share.

Key points

  • Q3 2026 net loss of $22.3 million ($0.13 per share), including a $29.1 million impairment and a $15.4 million debt extinguishment loss, partly offset by $55.7 million in net real estate gains
  • Q3 2026 Core FFO of $24.6 million ($0.14 per diluted share), versus $28.0 million ($0.16 per diluted share) in Q3 2025
  • 2026 loss-per-share guidance changed to $(0.64) to $(0.62), from $(0.45) to $(0.41); Core FFO guidance set at $0.54 to $0.56 per diluted share, versus prior FFO guidance of $0.53 to $0.57
  • Quarterly dividend of $0.08 per common share, payable October 22, 2026

The filing

CompanyBRANDYWINE REALTY TRUST (BDN)
Form8-K, current report
Filed with the SECOct 22, 2026, 12:05 PM ET
Accession number0000790816-26-000041

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.