Filing Flows › Franklin BSP Realty Trust (FBRT) › Q3 2026 › vs Q3 2025
Franklin BSP Realty Trust (FBRT) Q3 2026 vs Q3 2025 (year over year)
Franklin BSP Realty Trust's revenue fell $14.6M (-16%) from $89.5M in Q3 2025 to $74.9M in Q3 2026.
Franklin BSP Realty Trust, Q3 2026: revenue $74.9M (-16% year over year), operating margin -46.8%, net loss $27.0M, operating cash flow −$89.7M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $74.9M | $89.5M | −$14.6M | -16% |
| Income tax benefit | $8.0M | $2.9M | $5.1M | +177% |
| Net loss | $27.0M | −$17.6M | $44.7M | — |
| Costs & expenses | $110M | $92.4M | $17.6M | +19% |
| Operating costs | $110M | $74.8M | $35.2M | +47% |
| General & admin | $2.9M | $3.5M | −$543K | -16% |
| Other operating costs | $107M | $71.4M | $35.7M | +50% |
| Operating cash sources | $93.2M | $154M | −$60.6M | -39% |
| Depreciation & amortization | $2.2M | $3.4M | −$1.2M | -35% |
| Share-based compensation | $1.2M | $2.2M | −$1.0M | -46% |
| Cash used in operations | $89.7M | $148M | −$58.4M | -39% |
| Net loss absorbed | $27.0M | −$17.6M | $44.7M | — |
| Working capital & other | $66.1M | $171M | −$105M | -61% |
Questions
How much did Franklin BSP Realty Trust's revenue grow year over year in Q3 2026?
Franklin BSP Realty Trust's revenue fell $14.6M (-16%) from $89.5M in Q3 2025 to $74.9M in Q3 2026.