Franklin BSP Realty Trust, Inc. (FBRT) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Franklin BSP Realty Trust reported revenue of $270.1M, up 28.3% from $210.5M the year before. Net income was $82.3M (a 30.5% net margin), or $0.64 per diluted share. Operating activities generated $291.9M of cash. At fiscal year end, Franklin BSP Realty Trust held $6.06B in total assets against $4.44B in total liabilities, including $167.3M of cash and equivalents.
Open the full interactive Franklin BSP Realty Trust financials → Quarterly statements, key ratios, valuation history and price charts.
Franklin BSP Realty Trust Key Stats
| Share Price | $6.17 |
|---|---|
| Market Cap | $522.9M |
| P/E Ratio | 9.6 |
| Dividend Yield | 24.95% |
| Revenue YoY Growth | +28.3% |
| 52-Week Range | $6.12 – $9.78 |
| Shares Outstanding | 76.4 million (basic, 2026 Q2) |
Franklin BSP Realty Trust Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $117.6M | $160.8M | $201.7M | $263.9M | $210.5M | $270.1M |
| Pre-Tax Income | -$15.8M | $11.4M | $14.0M | $142.5M | $97.0M | $86.2M |
| Income Tax | -$2.1M | $3.6M | -$399,000 | -$2.8M | $1.1M | $3.9M |
| Net Income | $54.7M | $25.7M | $14.4M | $145.2M | $95.9M | $82.3M |
| Diluted EPS | $0.90 | -$0.18 | -$0.38 | $1.42 | $0.82 | $0.64 |
Franklin BSP Realty Trust Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $89.5M | $81.1M | $74.4M | $65.3M |
| Net Income | $17.3M | $17.7M | $12.0M | $15.6M |
| Diluted EPS | $0.12 | $0.21 | $0.07 | $0.12 |
Franklin BSP Realty Trust Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $82.1M | $154.9M | $179.3M | $337.6M | $184.4M | $167.3M |
| Total Assets | $3.19B | $9.47B | $6.20B | $5.96B | $6.00B | $6.06B |
| Total Long-Term Debt | $1.93B | $3.35B | $3.93B | $3.67B | $3.73B | $2.95B |
| Total Liabilities | $2.18B | $7.67B | $4.53B | $4.28B | $4.39B | $4.44B |
| Shareholders' Equity | $798.4M | $1.71B | $1.56B | $1.56B | $1.51B | $1.44B |
Franklin BSP Realty Trust Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $115.3M | $146.5M | $152.5M | $197.4M | $57.2M | $291.9M |
| Cash From Investing | $240.7M | $1.07B | $3.10B | $380.8M | -$155.5M | $380.8M |
| Cash From Financing | -$373.0M | -$1.14B | -$3.23B | -$425.0M | -$48.6M | -$684.4M |
| Dividends Paid | $49.8M | $68.0M | $139.4M | $144.3M | $144.9M | $145.6M |
Figures from Franklin BSP Realty Trust's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Franklin BSP Realty Trust financials page for every line item.
Franklin BSP Realty Trust Company Profile
| Ticker | FBRT |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | New York, New York |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001562528 |
Frequently Asked Questions
What was Franklin BSP Realty Trust's revenue in fiscal 2025?
Franklin BSP Realty Trust (FBRT) reported revenue of $270.1M for fiscal 2025.
What is Franklin BSP Realty Trust's annual revenue history?
Franklin BSP Realty Trust's annual revenue by fiscal year: 2020: $117.6M; 2021: $160.8M; 2022: $201.7M; 2023: $263.9M; 2024: $210.5M; 2025: $270.1M.
What was Franklin BSP Realty Trust's net income in fiscal 2025?
Franklin BSP Realty Trust reported net income of $82.3M for fiscal 2025.
What was Franklin BSP Realty Trust's earnings per share (EPS) in fiscal 2025?
Franklin BSP Realty Trust's diluted EPS was $0.64 for fiscal 2025 (adjusted for any later stock splits).
What was Franklin BSP Realty Trust's revenue last quarter?
In its most recent reported quarter (2026 Q2), Franklin BSP Realty Trust reported revenue of $65.3M.
How much debt does Franklin BSP Realty Trust have?
Franklin BSP Realty Trust reported $2.95B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Franklin BSP Realty Trust are outstanding?
Franklin BSP Realty Trust reported a weighted average of 76.4 million basic shares outstanding in 2026 Q2.
What is Franklin BSP Realty Trust's market cap?
Based on its latest closing price, Franklin BSP Realty Trust (FBRT) has a market capitalization of about $522.9M.
When does Franklin BSP Realty Trust's fiscal year end?
Franklin BSP Realty Trust's fiscal year end, as registered with the SEC, is December 31.
Where is Franklin BSP Realty Trust headquartered?
Franklin BSP Realty Trust lists its business address in New York, New York in its SEC filings.