vs
Side-by-side financial comparison of BRANDYWINE REALTY TRUST (BDN) and PagerDuty, Inc. (PD). Click either name above to swap in a different company.
BRANDYWINE REALTY TRUST is the larger business by last-quarter revenue ($127.0M vs $124.5M, roughly 1.0× PagerDuty, Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs -38.4%, a 168.2% gap on every dollar of revenue. On growth, PagerDuty, Inc. posted the faster year-over-year revenue change (4.7% vs 4.5%). Over the past eight quarters, PagerDuty, Inc.'s revenue compounded faster (5.9% CAGR vs 0.7%).
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.
PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.
BDN vs PD — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $127.0M | $124.5M |
| Net Profit | $-48.8M | $161.6M |
| Gross Margin | — | 85.3% |
| Operating Margin | 1.2% | 6.5% |
| Net Margin | -38.4% | 129.7% |
| Revenue YoY | 4.5% | 4.7% |
| Net Profit YoY | -80.4% | 2827.7% |
| EPS (diluted) | $-0.28 | $1.69 |
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 | $124.5M | ||
| Q3 25 | $121.4M | $123.4M | ||
| Q2 25 | $120.6M | $119.8M | ||
| Q1 25 | $121.5M | $121.4M | ||
| Q4 24 | $121.9M | $118.9M | ||
| Q3 24 | $131.8M | $115.9M | ||
| Q2 24 | $125.3M | $111.2M |
| Q1 26 | $-48.8M | — | ||
| Q4 25 | $-36.7M | $161.6M | ||
| Q3 25 | $-25.9M | $9.6M | ||
| Q2 25 | $-88.7M | $-7.2M | ||
| Q1 25 | $-27.0M | $-8.8M | ||
| Q4 24 | $-44.5M | $-5.9M | ||
| Q3 24 | $-165.2M | $-10.9M | ||
| Q2 24 | $30.2M | $-17.1M |
| Q1 26 | — | — | ||
| Q4 25 | 61.3% | 85.3% | ||
| Q3 25 | 62.6% | 84.6% | ||
| Q2 25 | 62.4% | 84.0% | ||
| Q1 25 | 60.8% | 83.6% | ||
| Q4 24 | 61.2% | 83.0% | ||
| Q3 24 | 64.9% | 82.7% | ||
| Q2 24 | 63.1% | 82.6% |
| Q1 26 | 1.2% | — | ||
| Q4 25 | 22.8% | 6.5% | ||
| Q3 25 | 20.8% | 2.9% | ||
| Q2 25 | -34.3% | -8.6% | ||
| Q1 25 | 12.5% | -9.6% | ||
| Q4 24 | 18.0% | -8.7% | ||
| Q3 24 | -7.2% | -13.8% | ||
| Q2 24 | 15.5% | -19.5% |
| Q1 26 | -38.4% | — | ||
| Q4 25 | -30.3% | 129.7% | ||
| Q3 25 | -21.3% | 7.8% | ||
| Q2 25 | -73.5% | -6.0% | ||
| Q1 25 | -22.2% | -7.2% | ||
| Q4 24 | -36.5% | -5.0% | ||
| Q3 24 | -125.4% | -9.4% | ||
| Q2 24 | 24.1% | -15.4% |
| Q1 26 | $-0.28 | — | ||
| Q4 25 | $-0.21 | $1.69 | ||
| Q3 25 | $-0.15 | $0.10 | ||
| Q2 25 | $-0.51 | $-0.07 | ||
| Q1 25 | $-0.16 | $-0.12 | ||
| Q4 24 | $-0.25 | $-0.07 | ||
| Q3 24 | $-0.96 | $-0.14 | ||
| Q2 24 | $0.17 | $-0.26 |
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 | $547.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $320.5M |
| Total Assets | $3.6B | $1.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $36.2M | — | ||
| Q4 25 | $32.3M | $547.8M | ||
| Q3 25 | $75.5M | $567.9M | ||
| Q2 25 | $122.6M | $597.1M | ||
| Q1 25 | $29.4M | $570.8M | ||
| Q4 24 | $90.2M | $542.2M | ||
| Q3 24 | $36.5M | $599.3M | ||
| Q2 24 | $30.4M | $592.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.2B | $484.5M | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.2B | — |
| Q1 26 | — | — | ||
| Q4 25 | $792.7M | $320.5M | ||
| Q3 25 | $841.5M | $180.7M | ||
| Q2 25 | $879.8M | $145.7M | ||
| Q1 25 | $993.6M | $129.8M | ||
| Q4 24 | $1.0B | $111.6M | ||
| Q3 24 | $1.1B | $164.7M | ||
| Q2 24 | $1.3B | $174.0M |
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | $1.0B | ||
| Q3 25 | $3.3B | $891.5M | ||
| Q2 25 | $3.4B | $926.8M | ||
| Q1 25 | $3.4B | $927.3M | ||
| Q4 24 | $3.5B | $866.8M | ||
| Q3 24 | $3.6B | $916.0M | ||
| Q2 24 | $3.8B | $924.0M |
| Q1 26 | — | — | ||
| Q4 25 | 3.23× | — | ||
| Q3 25 | 2.70× | — | ||
| Q2 25 | 2.63× | — | ||
| Q1 25 | 2.23× | 3.73× | ||
| Q4 24 | 2.13× | — | ||
| 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 | — | $24.8M |
| Free Cash FlowOCF − Capex | — | $24.1M |
| FCF MarginFCF / Revenue | — | 19.3% |
| Capex IntensityCapex / Revenue | — | 0.6% |
| Cash ConversionOCF / Net Profit | — | 0.15× |
| TTM Free Cash FlowTrailing 4 quarters | — | $117.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $116.7M | $24.8M | ||
| Q3 25 | $47.5M | $34.0M | ||
| Q2 25 | $34.4M | $30.7M | ||
| Q1 25 | $6.3M | $31.4M | ||
| Q4 24 | $181.1M | $22.1M | ||
| Q3 24 | $52.2M | $35.8M | ||
| Q2 24 | $48.2M | $28.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $24.1M | ||
| Q3 25 | — | $33.1M | ||
| Q2 25 | — | $30.2M | ||
| Q1 25 | — | $30.3M | ||
| Q4 24 | — | $21.5M | ||
| Q3 24 | — | $35.1M | ||
| Q2 24 | — | $28.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.3% | ||
| Q3 25 | — | 26.8% | ||
| Q2 25 | — | 25.2% | ||
| Q1 25 | — | 24.9% | ||
| Q4 24 | — | 18.1% | ||
| Q3 24 | — | 30.3% | ||
| Q2 24 | — | 25.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 3.55× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.60× | — |
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% |
PD
| US | $88.8M | 71% |
| Non Us | $35.7M | 29% |
