vs
Side-by-side financial comparison of BRANDYWINE REALTY TRUST (BDN) and Civeo Corp (CVEO). Click either name above to swap in a different company.
Civeo Corp is the larger business by last-quarter revenue ($161.6M vs $127.0M, roughly 1.3× BRANDYWINE REALTY TRUST). Civeo Corp runs the higher net margin — -4.0% vs -38.4%, a 34.4% gap on every dollar of revenue. On growth, Civeo Corp posted the faster year-over-year revenue change (7.1% vs 4.5%). Over the past eight quarters, BRANDYWINE REALTY TRUST's revenue compounded faster (0.7% CAGR vs -1.4%).
Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.
The Civeo Corporation is an American accommodation services multinational corporation. It is a spin-off of Oil States International. It is a public company listed on the New York Stock Exchange.
BDN vs CVEO — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $127.0M | $161.6M |
| Net Profit | $-48.8M | $-6.5M |
| Gross Margin | — | 22.7% |
| Operating Margin | 1.2% | -0.1% |
| Net Margin | -38.4% | -4.0% |
| Revenue YoY | 4.5% | 7.1% |
| Net Profit YoY | -80.4% | 58.1% |
| EPS (diluted) | $-0.28 | $-0.58 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $127.0M | — | ||
| Q4 25 | $121.0M | $161.6M | ||
| Q3 25 | $121.4M | $170.5M | ||
| Q2 25 | $120.6M | $162.7M | ||
| Q1 25 | $121.5M | $144.0M | ||
| Q4 24 | $121.9M | $151.0M | ||
| Q3 24 | $131.8M | $176.3M | ||
| Q2 24 | $125.3M | $188.7M |
| Q1 26 | $-48.8M | — | ||
| Q4 25 | $-36.7M | $-6.5M | ||
| Q3 25 | $-25.9M | $-455.0K | ||
| Q2 25 | $-88.7M | $-3.3M | ||
| Q1 25 | $-27.0M | $-9.8M | ||
| Q4 24 | $-44.5M | $-15.4M | ||
| Q3 24 | $-165.2M | $-5.1M | ||
| Q2 24 | $30.2M | $8.2M |
| Q1 26 | — | — | ||
| Q4 25 | 61.3% | 22.7% | ||
| Q3 25 | 62.6% | 25.7% | ||
| Q2 25 | 62.4% | 25.3% | ||
| Q1 25 | 60.8% | 20.4% | ||
| Q4 24 | 61.2% | 18.6% | ||
| Q3 24 | 64.9% | 21.4% | ||
| Q2 24 | 63.1% | 25.4% |
| Q1 26 | 1.2% | — | ||
| Q4 25 | 22.8% | -0.1% | ||
| Q3 25 | 20.8% | 4.1% | ||
| Q2 25 | -34.3% | 1.7% | ||
| Q1 25 | 12.5% | -3.8% | ||
| Q4 24 | 18.0% | -6.7% | ||
| Q3 24 | -7.2% | 0.0% | ||
| Q2 24 | 15.5% | 6.9% |
| Q1 26 | -38.4% | — | ||
| Q4 25 | -30.3% | -4.0% | ||
| Q3 25 | -21.3% | -0.3% | ||
| Q2 25 | -73.5% | -2.0% | ||
| Q1 25 | -22.2% | -6.8% | ||
| Q4 24 | -36.5% | -10.2% | ||
| Q3 24 | -125.4% | -2.9% | ||
| Q2 24 | 24.1% | 4.4% |
| Q1 26 | $-0.28 | — | ||
| Q4 25 | $-0.21 | $-0.58 | ||
| Q3 25 | $-0.15 | $-0.04 | ||
| Q2 25 | $-0.51 | $-0.25 | ||
| Q1 25 | $-0.16 | $-0.72 | ||
| Q4 24 | $-0.25 | $-1.04 | ||
| Q3 24 | $-0.96 | $-0.36 | ||
| Q2 24 | $0.17 | $0.56 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.2M | $14.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $174.4M |
| Total Assets | $3.6B | $477.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $36.2M | — | ||
| Q4 25 | $32.3M | $14.4M | ||
| Q3 25 | $75.5M | $12.0M | ||
| Q2 25 | $122.6M | $14.6M | ||
| Q1 25 | $29.4M | $28.4M | ||
| Q4 24 | $90.2M | $5.2M | ||
| Q3 24 | $36.5M | $17.9M | ||
| Q2 24 | $30.4M | $7.4M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | $43.3M | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.2B | — |
| Q1 26 | — | — | ||
| Q4 25 | $792.7M | $174.4M | ||
| Q3 25 | $841.5M | $182.5M | ||
| Q2 25 | $879.8M | $209.4M | ||
| Q1 25 | $993.6M | $220.7M | ||
| Q4 24 | $1.0B | $236.4M | ||
| Q3 24 | $1.1B | $282.2M | ||
| Q2 24 | $1.3B | $297.4M |
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | $477.4M | ||
| Q3 25 | $3.3B | $491.1M | ||
| Q2 25 | $3.4B | $508.8M | ||
| Q1 25 | $3.4B | $423.8M | ||
| Q4 24 | $3.5B | $405.1M | ||
| Q3 24 | $3.6B | $477.6M | ||
| Q2 24 | $3.8B | $483.2M |
| Q1 26 | — | — | ||
| Q4 25 | 3.23× | — | ||
| Q3 25 | 2.70× | — | ||
| Q2 25 | 2.63× | — | ||
| Q1 25 | 2.23× | — | ||
| Q4 24 | 2.13× | 0.18× | ||
| Q3 24 | 2.06× | — | ||
| Q2 24 | 1.73× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $19.3M |
| Free Cash FlowOCF − Capex | — | $14.5M |
| FCF MarginFCF / Revenue | — | 8.9% |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $116.7M | $19.3M | ||
| Q3 25 | $47.5M | $13.8M | ||
| Q2 25 | $34.4M | $-2.3M | ||
| Q1 25 | $6.3M | $-8.4M | ||
| Q4 24 | $181.1M | $9.5M | ||
| Q3 24 | $52.2M | $35.7M | ||
| Q2 24 | $48.2M | $32.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $14.5M | ||
| Q3 25 | — | $8.2M | ||
| Q2 25 | — | $-6.8M | ||
| Q1 25 | — | $-13.7M | ||
| Q4 24 | — | $1.8M | ||
| Q3 24 | — | $28.2M | ||
| Q2 24 | — | $27.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 8.9% | ||
| Q3 25 | — | 4.8% | ||
| Q2 25 | — | -4.2% | ||
| Q1 25 | — | -9.5% | ||
| Q4 24 | — | 1.2% | ||
| Q3 24 | — | 16.0% | ||
| Q2 24 | — | 14.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 3.3% | ||
| Q2 25 | — | 2.8% | ||
| Q1 25 | — | 3.7% | ||
| Q4 24 | — | 5.1% | ||
| Q3 24 | — | 4.2% | ||
| Q2 24 | — | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.60× | 3.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDN
| Rents | $120.7M | 95% |
| Third party management fees, labor reimbursement and leasing | $4.7M | 4% |
CVEO
Segment breakdown not available.
