Brixmor Property Group Inc.
Brixmor Property Group Inc. (BRX) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Brixmor Property Group Inc. (BRX), covering cash flow, earnings, and balance sheets.
Brixmor Property Group Inc. (BRX) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Brixmor Property Group Inc. BRX financial performance.
Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
---|---|---|---|---|
Revenue | $337.51M | $328.44M | $320.68M | $315.69M |
Cost of Revenue | $44.89M | $85.94M | $79.34M | $165.29M |
Gross Profit | $292.62M | $242.50M | $241.34M | $150.40M |
Gross Profit Ratio | $0.87 | $0.74 | $0.75 | $0.48 |
R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
SG&A Expenses | $28.17M | $27.93M | $30.25M | $29.69M |
Operating Expenses | $172.98M | $131.26M | $125.08M | $121.71M |
Total Costs & Expenses | $217.87M | $217.20M | $204.42M | $194.97M |
Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
Interest Expense | $54.08M | $55.44M | $55.41M | $53.66M |
Depreciation & Amortization | $105.60M | $103.33M | $94.83M | $92.02M |
EBITDA | $229.42M | $242.18M | $247.08M | $212.73M |
EBITDA Ratio | $0.68 | $0.74 | $0.77 | $0.67 |
Operating Income | $119.64M | $111.24M | $116.26M | $120.71M |
Operating Income Ratio | $0.35 | $0.34 | $0.36 | $0.38 |
Other Income/Expenses (Net) | -$49.90M | -$27.83M | -$19.42M | -$50.59M |
Income Before Tax | $69.74M | $83.41M | $96.84M | $70.13M |
Income Before Tax Ratio | $0.21 | $0.25 | $0.30 | $0.22 |
Income Tax Expense | -$6.56M | $0.00 | $0.00 | $184000.00 |
Net Income | $69.73M | $83.40M | $96.84M | $70.13M |
Net Income Ratio | $0.21 | $0.25 | $0.30 | $0.22 |
EPS | $0.23 | $0.27 | $0.32 | $0.23 |
Diluted EPS | $0.23 | $0.27 | $0.32 | $0.23 |
Weighted Avg Shares Outstanding | $306.77M | $303.13M | $302.68M | $302.20M |
Weighted Avg Shares Outstanding (Diluted) | $307.25M | $304.04M | $303.61M | $302.90M |
The company's financials show resilient growth, with revenue advancing from $315.69M in Q2 2024 to $337.51M in Q1 2025. Gross profit remained healthy with margins at 87% in Q1 2025 compared to 48% in Q2 2024. Operating income hit $119.64M last quarter, sustaining a consistent 35% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $229.42M. Net income dropped to $69.73M, while earnings per share reached $0.23. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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