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FRANKLIN BSP REALTY TRUST, INC.

CIK: 1562528 SIC: 6798
$265.10M
Revenue
$82.27M
Net Income
-
Gross Margin
-
Op. Margin
$536.24M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 12 of 12 annual reports available (2013 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
+ Total Revenue $265.10M $270.07M $210.45M $263.95M $201.65M $160.81M $117.61M $82.29M $57.20M $56.23M $47.12M $13.27M $742.74K
Revenue Growth % -1.8% 28.3% -20.3% 30.9% 25.4% 36.7% 42.9% 43.8% 1.7% 19.3% 255.1% 1686.6% nan%
Operating Expenses $186.37M $186.37M $86.44M $87.82M $77.51M $142.96M $49.16M $37.40M $29.52M $22.49M $22.19M $7.76M $641.08K
Interest Expense $478.06M $275.82M $324.57M $295.13M $144.19M $51.05M $59.82M $70.00M $32.36M $23.17M $12.27M $2.20M $32.31K
Other Income/Expense $9.24M $4.27M $-30.49M $-34.38M $-110.33M $11.44M $-15.78M - - - - - -
Income Before Tax - - - - - $11.44M $-15.78M $8.02M $6.32M $29.99M $24.93M $5.62M $102.00K
Income Tax Expense $3.88M $3.88M $1.12M $-2.76M $-399.00K $3.60M $-2.06M $79.00K $225.00K - - $209.00K -
+ Net Income $82.27M $82.27M $95.88M $145.22M $14.43M $25.70M $54.75M $52.83M $33.78M $29.99M $24.93M $5.42M $101.67K
Net Margin % 31.0% 30.5% 45.6% 55.0% 7.2% 16.0% 46.5% 64.2% 59.0% 53.3% 52.9% 40.8% 13.7%
Basic EPS 0.64 0.65 0.82 1.42 -0.38 -0.18 0.90 1.44 1.06 0.95 1.03 0.75 0.19
Diluted EPS 0.64 0.64 0.82 1.42 -0.38 -0.18 0.90 1.44 1.06 0.95 1.03 0.75 0.19
Basic Shares Outstanding - 82.0M 81.8M 82.3M 71.6M 43.4M 44.4M 34.3M 31.8M 31.7M 24.3M 7.2M 526K
Diluted Shares Outstanding - 86.2M 81.8M 82.3M 71.6M 43.4M 44.4M 36.8M 31.8M 31.7M 24.3M 7.2M 530K
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
Cash & Cash Equivalents $167.29M $184.44M $337.60M $179.31M $154.93M $82.07M $191.39M $83.71M $118.05M $14.81M $386.00K $178.03K
Goodwill $92.05M - - - - - - - - - - -
Intangible Assets $115.55M $39.83M - - - - - - - - - -
Total Assets $6.06B $6.00B $5.96B $6.20B $9.47B $3.19B $2.61B $1.58B $1.25B $1.28B $514.22M $36.37M
Other Current Liabilities $12.05M $14.11M - - - - - - - - - -
Long-term Debt - - - - - - - - - - - $7.30M
Other Non-current Liabilities $29.66M $11.65M - - - - - - - - - -
Total Liabilities $4.44B $4.39B $4.28B $4.53B $7.67B $2.18B $1.73B $973.32M $614.48M $628.15M $183.71M $10.35M
Common Stock $808.00K $818.00K $820.00K $826.00K $441.00K $446.00K $395.00K $320.00K $319.00K $314.00K $155.00K $13.27K
Retained Earnings $-411.10M $-348.07M $-298.94M $-299.23M $-167.18M $-106.47M $-94.27M $-94.08M $-70.67M $-35.32M $-10.22M $-605.15K
Total Stockholders Equity $1.44B $1.51B $1.56B $1.56B $1.71B $798.44M $733.23M $610.34M $633.65M $654.33M $330.51M $26.02M
Total Liabilities & Equity $6.06B $6.00B $5.96B $6.20B $9.47B $3.19B $2.61B $1.58B $1.25B $1.28B $514.22M $36.37M
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
Net Income $82.27M $82.27M $95.88M $145.22M $14.43M $25.70M $54.75M $52.83M $33.78M $29.99M $24.93M $5.42M $101.67K
Depreciation & Amortization $13.73M $9.59M $5.63M $8.41M $5.33M $2.11M $2.23M - - - - - -
Stock-based Compensation $15.93M $9.12M $8.17M $4.76M $2.52M $211.00K $193.00K $157.00K $97.00K $44.00K $30.00K $27.00K $15.88K
Deferred Income Tax - $3.18M $-331.00K $-2.77M - - - - - - - - -
Operating Cash Flow $536.24M $291.94M $57.23M $197.39M $152.51M $146.50M $115.33M $7.10M $8.35M $35.02M $25.43M $2.69M $776.24K
Investing Cash Flow $1.19B $380.81M $-155.47M $380.81M $3.10B $1.07B $240.69M $-855.81M $-332.76M $139.41M $-749.85M $-471.64M $-35.76M
Stock Issued - - - - - - $10.67M $124.33M - - $385.20M $345.94M $32.21M
Stock Repurchased $14.37M $14.37M $4.87M $12.51M $16.58M $11.42M $10.26M $15.09M $20.55M $18.96M $2.56M $464.00K $35.00K
Dividends Paid $254.49M $145.58M $144.91M $144.35M $139.41M $67.95M $49.79M $36.95M $38.83M $40.25M $26.95M $7.59M $286.00K
Financing Cash Flow $-1.49B $-684.43M $-48.58M $-424.99M $-3.23B $-1.14B $-373.00M $961.43M $290.07M $-71.19M $738.84M $469.16M $35.16M
Net Change in Cash $241.47M $-11.68M $-146.82M $153.20M $22.29M $76.06M $-16.98M $112.71M $-31.36M $102.90M - - -
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $89.55M - $193.92M -
Operating Expenses $73.29M - $133.19M -
Interest Expense - - $201.97M -
Other Income/Expense $-1.54M - $2.59M -
Income Tax Expense $-2.90M - $-2.38M -
Net Income $17.31M $-2.17M $64.57M -
Basic EPS 0.12 - 0.52 -
Diluted EPS 0.12 - 0.51 -
Basic Shares Outstanding $82.21M - $82.15M -
Diluted Shares Outstanding $90.60M - $84.98M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $116.65M $184.44M
Goodwill $90.85M -
Total Assets $6.22B $6.00B
Other Current Liabilities $12.73M $14.11M
Other Non-current Liabilities $34.04M $11.65M
Total Liabilities $4.56B $4.39B
Common Stock $822.00K $818.00K
Retained Earnings $-392.84M $-348.07M
Total Stockholders Equity $1.47B $1.51B
Total Liabilities & Equity $6.22B $6.00B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $17.31M $-2.17M $64.57M -
Depreciation & Amortization $3.43M - $6.19M -
Stock-based Compensation - - $6.80M -
Operating Cash Flow - - $-20.07M -
Investing Cash Flow - - $473.70M -
Stock Repurchased - - - -
Dividends Paid - - $109.13M -
Financing Cash Flow - - $-506.63M -
Net Change in Cash - - $-53.00M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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