balance equationreview2025-12-31
Difference 89748000 exceeds tolerance 6057250.000. Presentation or filing-vintage differences need review.
Revenue
$270.07M
Fiscal year ended 2025-12-31Operating income
Unavailable
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31Franklin BSP Realty Trust, Inc. (FBRT) reported revenue of $270.07M and net income of $82.27M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Franklin BSP Realty Trust, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Real Estate Investment Trusts.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $270.07M | $223.37M | $268.72M | $206.83M | $165.46M | $117.62M | $108.05M | $82.29M | $57.20M | $56.24M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $82.27M | $95.88M | $145.22M | $14.43M | $25.70M | $54.75M | $83.92M | $52.82M | $33.78M | $29.99M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 86.19M | shares 81.85M | shares 82.31M | shares 71.63M | shares 43.43M | shares 44.40M | shares 41.87M | shares 36.78M | shares 31.78M | shares 31.67M |
| Pretax income | Unavailable | Unavailable | Unavailable | Unavailable | $11.44M | -$15.78M | $32.56M | $8.02M | $6.32M | -$3.76M |
| Income tax expense | $3.88M | $1.12M | -$2.76M | -$399.00K | $3.60M | -$2.06M | $4.48M | $79.00K | $225.00K | $0 |
| Diluted EPS | $0.64 | $0.82 | $1.42 | $-0.38 | $-0.18 | $0.90 | $1.60 | $1.44 | $1.06 | $0.95 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $13.35M | $9.71M | $14.44M | $12.93M | $7.66M | $13.12M | $16.36M | $13.45M | $6.76M | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $167.29M | $184.44M | $337.60M | $179.31M | $154.93M | $82.07M | $87.25M | $191.39M | $83.71M | $118.05M |
| Total assets | $6.06B | $6.00B | $5.96B | $6.20B | $9.47B | $3.19B | $3.54B | $2.61B | $1.58B | $1.25B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $4.44B | $4.39B | $4.28B | $4.53B | $7.67B | $2.18B | $2.51B | $1.73B | $973.32M | $614.48M |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $1.53B | $1.52B | $1.59B | $1.58B | $1.71B | $798.44M | $816.80M | $733.23M | $610.34M | $633.65M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $92.05M | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $291.94M | $57.23M | $197.39M | $152.52M | $146.50M | $115.33M | $45.37M | $7.10M | $8.35M | $35.02M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | $380.81M | -$155.48M | $380.81M | $3.10B | $1.07B | $240.69M | -$969.24M | -$855.81M | -$332.76M | $139.41M |
| Financing cash flow | -$684.43M | -$48.58M | -$424.99M | -$3.23B | -$1.14B | -$373.00M | $828.58M | $961.43M | $293.04M | -$71.54M |
| Net change in cash | -$11.68M | -$146.82M | $153.20M | $22.29M | $76.06M | -$16.98M | -$95.30M | $112.71M | -$31.36M | $102.90M |
| Stock-based compensation | $9.12M | $8.17M | $4.76M | $2.52M | $211.00K | $193.00K | $156.00K | $157.00K | $97.00K | $44.00K |
| Common dividends paid | $145.58M | $144.91M | $144.35M | $139.42M | $67.96M | $49.79M | $60.61M | $36.95M | $38.83M | $40.25M |
| Common share repurchases | $14.37M | $4.87M | $12.50M | $16.58M | $11.42M | $10.26M | $13.81M | $15.08M | $20.55M | $18.96M |
| Depreciation & amortization | $9.59M | $5.63M | $8.41M | $5.33M | $2.11M | $2.23M | $0 | $0 | $0 | Unavailable |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 3.4% | 3.7% | 1.8% | 1.2% | 0.1% | 0.2% | 0.1% | 0.2% | 0.2% | 0.1% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 20.9% | -16.9% | 29.9% | 25.0% | 40.7% | 8.9% | 31.3% | 43.8% | 1.7% | Unavailable |
| Net margin | 30.5% | 42.9% | 54.0% | 7.0% | 15.5% | 46.5% | 77.7% | 64.2% | 59.0% | 53.3% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 13.8% | 1.0% | 3.6% | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FBRT in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-29View SEC filing
10-Q · Filed 2026-04-29View SEC filing
10-K · Filed 2026-02-25View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-07-30View SEC filing
10-Q · Filed 2025-04-28View SEC filing
Reconciliation checks needing review
8 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
balance equationreview2024-12-31
Difference 89748000 exceeds tolerance 6002386.000. Presentation or filing-vintage differences need review.
balance equationreview2023-12-31
Difference 89748000 exceeds tolerance 5955180.000. Presentation or filing-vintage differences need review.
balance equationreview2022-12-31
Difference 94748000 exceeds tolerance 6203601.000. Presentation or filing-vintage differences need review.
balance equationreview2021-12-31
Difference 96655000 exceeds tolerance 9474701.000. Presentation or filing-vintage differences need review.
balance equationreview2020-12-31
Difference 209254000 exceeds tolerance 3189761.000. Presentation or filing-vintage differences need review.
balance equationreview2019-12-31
Difference 209110000 exceeds tolerance 3540620.000. Presentation or filing-vintage differences need review.
balance equationreview2018-12-31
Difference 145786000 exceeds tolerance 2606078.000. Presentation or filing-vintage differences need review.