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Side-by-side financial comparison of BRANDYWINE REALTY TRUST (BDN) and GDEV Inc. (GDEV). Click either name above to swap in a different company.

BRANDYWINE REALTY TRUST is the larger business by last-quarter revenue ($127.0M vs $119.9M, roughly 1.1× GDEV Inc.). GDEV Inc. runs the higher net margin — 13.9% vs -38.4%, a 52.3% gap on every dollar of revenue. On growth, GDEV Inc. posted the faster year-over-year revenue change (13.3% vs 4.5%).

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.

GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...

BDN vs GDEV — Head-to-Head

Bigger by revenue
BDN
BDN
1.1× larger
BDN
$127.0M
$119.9M
GDEV
Growing faster (revenue YoY)
GDEV
GDEV
+8.8% gap
GDEV
13.3%
4.5%
BDN
Higher net margin
GDEV
GDEV
52.3% more per $
GDEV
13.9%
-38.4%
BDN

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
BDN
BDN
GDEV
GDEV
Revenue
$127.0M
$119.9M
Net Profit
$-48.8M
$16.6M
Gross Margin
Operating Margin
1.2%
15.5%
Net Margin
-38.4%
13.9%
Revenue YoY
4.5%
13.3%
Net Profit YoY
-80.4%
13.0%
EPS (diluted)
$-0.28
$0.90

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.

Revenue
BDN
BDN
GDEV
GDEV
Q1 26
$127.0M
Q4 25
$121.0M
Q3 25
$121.4M
Q2 25
$120.6M
$119.9M
Q1 25
$121.5M
Q4 24
$121.9M
Q3 24
$131.8M
Q2 24
$125.3M
$105.8M
Net Profit
BDN
BDN
GDEV
GDEV
Q1 26
$-48.8M
Q4 25
$-36.7M
Q3 25
$-25.9M
Q2 25
$-88.7M
$16.6M
Q1 25
$-27.0M
Q4 24
$-44.5M
Q3 24
$-165.2M
Q2 24
$30.2M
$14.7M
Gross Margin
BDN
BDN
GDEV
GDEV
Q1 26
Q4 25
61.3%
Q3 25
62.6%
Q2 25
62.4%
Q1 25
60.8%
Q4 24
61.2%
Q3 24
64.9%
Q2 24
63.1%
Operating Margin
BDN
BDN
GDEV
GDEV
Q1 26
1.2%
Q4 25
22.8%
Q3 25
20.8%
Q2 25
-34.3%
15.5%
Q1 25
12.5%
Q4 24
18.0%
Q3 24
-7.2%
Q2 24
15.5%
14.4%
Net Margin
BDN
BDN
GDEV
GDEV
Q1 26
-38.4%
Q4 25
-30.3%
Q3 25
-21.3%
Q2 25
-73.5%
13.9%
Q1 25
-22.2%
Q4 24
-36.5%
Q3 24
-125.4%
Q2 24
24.1%
13.9%
EPS (diluted)
BDN
BDN
GDEV
GDEV
Q1 26
$-0.28
Q4 25
$-0.21
Q3 25
$-0.15
Q2 25
$-0.51
$0.90
Q1 25
$-0.16
Q4 24
$-0.25
Q3 24
$-0.96
Q2 24
$0.17
$0.81

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BDN
BDN
GDEV
GDEV
Cash + ST InvestmentsLiquidity on hand
$36.2M
$41.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$-129.4M
Total Assets
$3.6B
$210.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDN
BDN
GDEV
GDEV
Q1 26
$36.2M
Q4 25
$32.3M
Q3 25
$75.5M
Q2 25
$122.6M
$41.6M
Q1 25
$29.4M
Q4 24
$90.2M
Q3 24
$36.5M
Q2 24
$30.4M
$50.8M
Total Debt
BDN
BDN
GDEV
GDEV
Q1 26
Q4 25
$2.6B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.3B
Q2 24
$2.2B
Stockholders' Equity
BDN
BDN
GDEV
GDEV
Q1 26
Q4 25
$792.7M
Q3 25
$841.5M
Q2 25
$879.8M
$-129.4M
Q1 25
$993.6M
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.3B
$-118.7M
Total Assets
BDN
BDN
GDEV
GDEV
Q1 26
$3.6B
Q4 25
$3.6B
Q3 25
$3.3B
Q2 25
$3.4B
$210.2M
Q1 25
$3.4B
Q4 24
$3.5B
Q3 24
$3.6B
Q2 24
$3.8B
$282.8M
Debt / Equity
BDN
BDN
GDEV
GDEV
Q1 26
Q4 25
3.23×
Q3 25
2.70×
Q2 25
2.63×
Q1 25
2.23×
Q4 24
2.13×
Q3 24
2.06×
Q2 24
1.73×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BDN
BDN

Rents$120.7M95%
Third party management fees, labor reimbursement and leasing$4.7M4%

GDEV
GDEV

Segment breakdown not available.

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