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Side-by-side financial comparison of BRANDYWINE REALTY TRUST (BDN) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.

BRANDYWINE REALTY TRUST is the larger business by last-quarter revenue ($127.0M vs $76.2M, roughly 1.7× VIEMED HEALTHCARE, INC.). VIEMED HEALTHCARE, INC. runs the higher net margin — 7.4% vs -38.4%, a 45.8% gap on every dollar of revenue. On growth, VIEMED HEALTHCARE, INC. posted the faster year-over-year revenue change (25.5% vs 4.5%). Over the past eight quarters, VIEMED HEALTHCARE, INC.'s revenue compounded faster (22.7% 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.

Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.

BDN vs VMD — Head-to-Head

Bigger by revenue
BDN
BDN
1.7× larger
BDN
$127.0M
$76.2M
VMD
Growing faster (revenue YoY)
VMD
VMD
+21.0% gap
VMD
25.5%
4.5%
BDN
Higher net margin
VMD
VMD
45.8% more per $
VMD
7.4%
-38.4%
BDN
Faster 2-yr revenue CAGR
VMD
VMD
Annualised
VMD
22.7%
0.7%
BDN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BDN
BDN
VMD
VMD
Revenue
$127.0M
$76.2M
Net Profit
$-48.8M
$5.6M
Gross Margin
57.9%
Operating Margin
1.2%
11.0%
Net Margin
-38.4%
7.4%
Revenue YoY
4.5%
25.5%
Net Profit YoY
-80.4%
30.7%
EPS (diluted)
$-0.28
$0.14

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
VMD
VMD
Q1 26
$127.0M
Q4 25
$121.0M
$76.2M
Q3 25
$121.4M
$71.9M
Q2 25
$120.6M
$63.1M
Q1 25
$121.5M
$59.1M
Q4 24
$121.9M
$60.7M
Q3 24
$131.8M
$58.0M
Q2 24
$125.3M
$55.0M
Net Profit
BDN
BDN
VMD
VMD
Q1 26
$-48.8M
Q4 25
$-36.7M
$5.6M
Q3 25
$-25.9M
$3.5M
Q2 25
$-88.7M
$3.2M
Q1 25
$-27.0M
$2.6M
Q4 24
$-44.5M
$4.3M
Q3 24
$-165.2M
$3.9M
Q2 24
$30.2M
$1.5M
Gross Margin
BDN
BDN
VMD
VMD
Q1 26
Q4 25
61.3%
57.9%
Q3 25
62.6%
57.5%
Q2 25
62.4%
58.3%
Q1 25
60.8%
56.3%
Q4 24
61.2%
59.5%
Q3 24
64.9%
59.3%
Q2 24
63.1%
59.8%
Operating Margin
BDN
BDN
VMD
VMD
Q1 26
1.2%
Q4 25
22.8%
11.0%
Q3 25
20.8%
7.8%
Q2 25
-34.3%
8.1%
Q1 25
12.5%
6.5%
Q4 24
18.0%
10.6%
Q3 24
-7.2%
9.7%
Q2 24
15.5%
6.6%
Net Margin
BDN
BDN
VMD
VMD
Q1 26
-38.4%
Q4 25
-30.3%
7.4%
Q3 25
-21.3%
4.9%
Q2 25
-73.5%
5.0%
Q1 25
-22.2%
4.4%
Q4 24
-36.5%
7.1%
Q3 24
-125.4%
6.7%
Q2 24
24.1%
2.7%
EPS (diluted)
BDN
BDN
VMD
VMD
Q1 26
$-0.28
Q4 25
$-0.21
$0.14
Q3 25
$-0.15
$0.09
Q2 25
$-0.51
$0.08
Q1 25
$-0.16
$0.06
Q4 24
$-0.25
$0.10
Q3 24
$-0.96
$0.10
Q2 24
$0.17
$0.04

Balance Sheet & Financial Strength

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

Metric
BDN
BDN
VMD
VMD
Cash + ST InvestmentsLiquidity on hand
$36.2M
$13.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$141.5M
Total Assets
$3.6B
$199.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDN
BDN
VMD
VMD
Q1 26
$36.2M
Q4 25
$32.3M
$13.5M
Q3 25
$75.5M
$11.1M
Q2 25
$122.6M
$20.0M
Q1 25
$29.4M
$10.2M
Q4 24
$90.2M
$17.5M
Q3 24
$36.5M
$11.3M
Q2 24
$30.4M
$8.8M
Total Debt
BDN
BDN
VMD
VMD
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
VMD
VMD
Q1 26
Q4 25
$792.7M
$141.5M
Q3 25
$841.5M
$133.6M
Q2 25
$879.8M
$139.7M
Q1 25
$993.6M
$134.8M
Q4 24
$1.0B
$131.4M
Q3 24
$1.1B
$125.0M
Q2 24
$1.3B
$119.4M
Total Assets
BDN
BDN
VMD
VMD
Q1 26
$3.6B
Q4 25
$3.6B
$199.2M
Q3 25
$3.3B
$202.4M
Q2 25
$3.4B
$184.6M
Q1 25
$3.4B
$178.1M
Q4 24
$3.5B
$177.1M
Q3 24
$3.6B
$169.5M
Q2 24
$3.8B
$163.9M
Debt / Equity
BDN
BDN
VMD
VMD
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×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BDN
BDN
VMD
VMD
Operating Cash FlowLast quarter
$18.4M
Free Cash FlowOCF − Capex
$9.7M
FCF MarginFCF / Revenue
12.7%
Capex IntensityCapex / Revenue
11.5%
Cash ConversionOCF / Net Profit
3.27×
TTM Free Cash FlowTrailing 4 quarters
$11.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDN
BDN
VMD
VMD
Q1 26
Q4 25
$116.7M
$18.4M
Q3 25
$47.5M
$18.4M
Q2 25
$34.4M
$12.3M
Q1 25
$6.3M
$2.9M
Q4 24
$181.1M
$15.0M
Q3 24
$52.2M
$12.7M
Q2 24
$48.2M
$10.2M
Free Cash Flow
BDN
BDN
VMD
VMD
Q1 26
Q4 25
$9.7M
Q3 25
$10.7M
Q2 25
$4.1M
Q1 25
$-12.6M
Q4 24
$3.2M
Q3 24
$1.7M
Q2 24
$1.2M
FCF Margin
BDN
BDN
VMD
VMD
Q1 26
Q4 25
12.7%
Q3 25
14.9%
Q2 25
6.5%
Q1 25
-21.4%
Q4 24
5.2%
Q3 24
3.0%
Q2 24
2.3%
Capex Intensity
BDN
BDN
VMD
VMD
Q1 26
Q4 25
11.5%
Q3 25
10.6%
Q2 25
12.9%
Q1 25
26.2%
Q4 24
19.5%
Q3 24
19.0%
Q2 24
16.3%
Cash Conversion
BDN
BDN
VMD
VMD
Q1 26
Q4 25
3.27×
Q3 25
5.23×
Q2 25
3.88×
Q1 25
1.09×
Q4 24
3.47×
Q3 24
3.29×
Q2 24
1.60×
6.94×

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%

VMD
VMD

Segment breakdown not available.

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