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

Ribbon Communications Inc. is the larger business by last-quarter revenue ($162.6M vs $127.0M, roughly 1.3× BRANDYWINE REALTY TRUST). Ribbon Communications Inc. runs the higher net margin — 54.8% vs -38.4%, a 93.2% gap on every dollar of revenue. On growth, BRANDYWINE REALTY TRUST posted the faster year-over-year revenue change (4.5% vs -10.3%). Over the past eight quarters, BRANDYWINE REALTY TRUST's revenue compounded faster (0.7% CAGR vs -8.1%).

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.

Ribbon Communications Inc. is a public company that makes software, IP and optical networking solutions for service providers, enterprises and critical infrastructure sectors. The company was formed in 2017, following the merger of Genband and Sonus Networks and is headquartered in Plano, Texas.

BDN vs RBBN — Head-to-Head

Bigger by revenue
RBBN
RBBN
1.3× larger
RBBN
$162.6M
$127.0M
BDN
Growing faster (revenue YoY)
BDN
BDN
+14.8% gap
BDN
4.5%
-10.3%
RBBN
Higher net margin
RBBN
RBBN
93.2% more per $
RBBN
54.8%
-38.4%
BDN
Faster 2-yr revenue CAGR
BDN
BDN
Annualised
BDN
0.7%
-8.1%
RBBN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BDN
BDN
RBBN
RBBN
Revenue
$127.0M
$162.6M
Net Profit
$-48.8M
$89.1M
Gross Margin
42.9%
Operating Margin
1.2%
37.6%
Net Margin
-38.4%
54.8%
Revenue YoY
4.5%
-10.3%
Net Profit YoY
-80.4%
EPS (diluted)
$-0.28
$0.50

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
RBBN
RBBN
Q1 26
$127.0M
$162.6M
Q4 25
$121.0M
$227.3M
Q3 25
$121.4M
$215.4M
Q2 25
$120.6M
$220.6M
Q1 25
$121.5M
$181.3M
Q4 24
$121.9M
$251.4M
Q3 24
$131.8M
$210.2M
Q2 24
$125.3M
$192.6M
Net Profit
BDN
BDN
RBBN
RBBN
Q1 26
$-48.8M
$89.1M
Q4 25
$-36.7M
Q3 25
$-25.9M
$-12.1M
Q2 25
$-88.7M
$-11.1M
Q1 25
$-27.0M
$-26.2M
Q4 24
$-44.5M
Q3 24
$-165.2M
$-13.4M
Q2 24
$30.2M
$-16.8M
Gross Margin
BDN
BDN
RBBN
RBBN
Q1 26
42.9%
Q4 25
61.3%
53.3%
Q3 25
62.6%
50.1%
Q2 25
62.4%
49.6%
Q1 25
60.8%
45.4%
Q4 24
61.2%
55.7%
Q3 24
64.9%
52.1%
Q2 24
63.1%
50.8%
Operating Margin
BDN
BDN
RBBN
RBBN
Q1 26
1.2%
37.6%
Q4 25
22.8%
4.1%
Q3 25
20.8%
1.3%
Q2 25
-34.3%
1.9%
Q1 25
12.5%
-10.8%
Q4 24
18.0%
13.2%
Q3 24
-7.2%
-0.4%
Q2 24
15.5%
-1.0%
Net Margin
BDN
BDN
RBBN
RBBN
Q1 26
-38.4%
54.8%
Q4 25
-30.3%
Q3 25
-21.3%
-5.6%
Q2 25
-73.5%
-5.0%
Q1 25
-22.2%
-14.5%
Q4 24
-36.5%
Q3 24
-125.4%
-6.4%
Q2 24
24.1%
-8.7%
EPS (diluted)
BDN
BDN
RBBN
RBBN
Q1 26
$-0.28
$0.50
Q4 25
$-0.21
$0.50
Q3 25
$-0.15
$-0.07
Q2 25
$-0.51
$-0.06
Q1 25
$-0.16
$-0.15
Q4 24
$-0.25
$0.05
Q3 24
$-0.96
$-0.08
Q2 24
$0.17
$-0.10

Balance Sheet & Financial Strength

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

Metric
BDN
BDN
RBBN
RBBN
Cash + ST InvestmentsLiquidity on hand
$36.2M
$67.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$419.1M
Total Assets
$3.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDN
BDN
RBBN
RBBN
Q1 26
$36.2M
$67.6M
Q4 25
$32.3M
$96.4M
Q3 25
$75.5M
$74.8M
Q2 25
$122.6M
$60.5M
Q1 25
$29.4M
$71.2M
Q4 24
$90.2M
$87.8M
Q3 24
$36.5M
$37.2M
Q2 24
$30.4M
$64.6M
Total Debt
BDN
BDN
RBBN
RBBN
Q1 26
Q4 25
$2.6B
$342.1M
Q3 25
$2.3B
$344.3M
Q2 25
$2.3B
$346.5M
Q1 25
$2.2B
$347.4M
Q4 24
$2.2B
$348.3M
Q3 24
$2.3B
$349.1M
Q2 24
$2.2B
$350.0M
Stockholders' Equity
BDN
BDN
RBBN
RBBN
Q1 26
$419.1M
Q4 25
$792.7M
$449.0M
Q3 25
$841.5M
$360.1M
Q2 25
$879.8M
$370.4M
Q1 25
$993.6M
$381.8M
Q4 24
$1.0B
$404.6M
Q3 24
$1.1B
$395.5M
Q2 24
$1.3B
$405.0M
Total Assets
BDN
BDN
RBBN
RBBN
Q1 26
$3.6B
Q4 25
$3.6B
$1.2B
Q3 25
$3.3B
$1.1B
Q2 25
$3.4B
$1.1B
Q1 25
$3.4B
$1.1B
Q4 24
$3.5B
$1.2B
Q3 24
$3.6B
$1.1B
Q2 24
$3.8B
$1.1B
Debt / Equity
BDN
BDN
RBBN
RBBN
Q1 26
Q4 25
3.23×
0.76×
Q3 25
2.70×
0.96×
Q2 25
2.63×
0.94×
Q1 25
2.23×
0.91×
Q4 24
2.13×
0.86×
Q3 24
2.06×
0.88×
Q2 24
1.73×
0.86×

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%

RBBN
RBBN

Service$94.5M58%
Product$68.1M42%

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