Franklin BSP Realty Trust (FBRT-PE) Operating Income (2018 - 2026)

Franklin BSP Realty Trust (FBRT-PE) recorded quarterly Operating Income of $5.5 million in Q1 2026, down 56.56% quarter-over-quarter from $12.6 million in Q4 2025, and down 62.89% on a YoY basis from $14.8 million in Q1 2025.

Franklin BSP Realty Trust (FBRT-PE) Operating Income (2018 - 2026) Analysis & Trends

Franklin BSP Realty Trust's Operating Income history runs 9 years deep, the most recent figure standing at $5.5 million for Q1 2026.

  • In Q1 2026, Operating Income fell 62.89% year-over-year to $5.5 million; the TTM figure through Mar 2026 stood at -$12.5 million (down 127.83% YoY), while the FY2025 annual figure was $37.8 million, down 67.27% from the prior year.
  • Operating Income was $5.5 million for Q1 2026 at Franklin BSP Realty Trust, down from $12.6 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $179.7 million in Q4 2022 to a low of -$32.8 million in Q2 2025.
  • Historically, Operating Income has averaged $21.4 million across 5 years, with a median of $16.4 million in 2022.
  • Biggest YoY gain for Operating Income was 295.66% in 2023; the steepest drop was 227.89% in 2023.
  • A 5-year view of Operating Income shows it stood at $179.7 million in 2022, then plunged by 79.49% to $36.9 million in 2023, then sank by 44.45% to $20.5 million in 2024, then plunged by 38.45% to $12.6 million in 2025, then slumped by 56.56% to $5.5 million in 2026.
  • The last three Operating Income figures came in at $5.5 million (Q1 2026), $12.6 million (Q4 2025), and $2.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -
2 AGNC Investment 11.42 Bn 10.75 Bn - -
3 Starwood Property Trust 6.25 Bn 6.25 Bn - -
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - -
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -
10 Franklin BSP Realty Trust - - 63.17 Mn 5.48 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.48 Mn
Dec 31, 2025 12.61 Mn
Sep 30, 2025 2.21 Mn
Jun 30, 2025 -32.79 Mn
Mar 31, 2025 14.76 Mn
Dec 31, 2024 20.48 Mn
Sep 30, 2024 26.54 Mn
Jun 30, 2024 -16.85 Mn
Mar 31, 2024 30.96 Mn
Dec 31, 2023 36.87 Mn
Sep 30, 2023 37.96 Mn
Jun 30, 2023 -20.96 Mn
Mar 31, 2023 38.31 Mn
Dec 31, 2022 179.71 Mn
Sep 30, 2022 31.61 Mn
Jun 30, 2022 16.39 Mn
Mar 31, 2022 -19.58 Mn
Dec 31, 2021 58.64 Mn
Sep 30, 2021 20.93 Mn
Jun 30, 2021 22.81 Mn