BRT Apartments Corp. (BRT) Income Statement
BRT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBRT revenue and net income
Where BRT's revenue goes
2025Each bar shows an amount and its share of revenue. BRT kept −12.3% of revenue as net income.
BRT profit margins
BRT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.5% | +11.2% | +28.1% | +1.8% |
| Gross profit | −99.7% | −84.3% | −60.4% | −42.4% |
| Operating income | +7.1% | +179.8% | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BRT quarterly EPS vs estimates
BRT Apartments beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.35).
BRT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $97.0M | $95.6M | $93.6M | $70.5M | $32.1M | $28.1M | $27.8M | $119.6M | $105.8M | $98.5M |
| Cost of revenue | $96.9M | $43.6M | $41.8M | $30.6M | $14.2M | $12.4M | $12.3M | $57.7M | $51.3M | $47.5M |
| Gross profit | $154,000 | $52.1M | $51.8M | $40.0M | $17.9M | $15.7M | $15.4M | $62.0M | $54.5M | $51.0M |
| Research & development | — | — | $0 | $1 | $1 | $1 | $0 | $1 | $0 | $0 |
| Sales, general & admin | $15.5M | $15.8M | $16.2M | $14.7M | $12.6M | $11.7M | $10.1M | $9.2M | $9.4M | $9.2M |
| Total operating expenses | −$10.9M | $41.8M | $43.9M | $39.5M | $20.6M | $18.4M | $16.0M | $47.7M | $68.1M | $60.1M |
| Operating income | $11.0M | $10.3M | $7.9M | $503,000 | −$2.8M | −$2.7M | −$578,000 | $14.3M | −$13.6M | −$9.1M |
| Interest income | $174,000 | $1.6M | $17.0M | $66.4M | $33.4M | $6.0M | $1.1M | $125,000 | $384,000 | $386,000 |
| Interest expense | $23.5M | $22.6M | $22.2M | $15.5M | $6.8M | $7.1M | $7.8M | $34.4M | $28.2M | $23.9M |
| Income before taxes | −$11.6M | −$9.9M | $4.1M | $50.9M | $29.5M | −$19.5M | $2.0M | $48.1M | $37.2M | $33.2M |
| Income taxes | $174,000 | −$226,000 | $54,000 | $821,000 | $206,000 | $248,000 | $270,000 | $50,000 | $1.6M | $700,000 |
| Net income | −$11.9M | −$9.8M | $3.9M | $50.0M | $29.1M | −$19.9M | $856,000 | $23.8M | $13.6M | $31.3M |
| EBITDA | $38.3M | $38.7M | $54.7M | $91.2M | $44.2M | −$5.6M | $15.7M | $120.9M | $95.8M | $80.2M |
| EPS (diluted) | −$0.13 | −$0.05 | $0.14 | $2.21 | −$0.84 | −$0.95 | −$0.50 | $1.73 | $0.34 | $3.50 |
| Gross margin | 0.2% | 54.5% | 55.3% | 56.7% | 55.7% | 56.0% | 55.6% | 51.8% | 51.5% | 51.8% |
| Operating margin | 11.4% | 10.8% | 8.4% | 0.7% | −8.7% | −9.7% | −2.1% | 11.9% | −12.8% | −9.3% |
| Net margin | −12.3% | −10.2% | 4.1% | 70.8% | 90.8% | −70.7% | 3.1% | 19.9% | 12.9% | 31.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.5M | $24.6M | $25.6M | $24.0M | $23.7M | $23.6M | $24.4M | $24.2M | $23.8M | $23.3M | $23.5M | $23.5M |
| Cost of revenue | $24.8M | $23.9M | $11.1M | $11.3M | $11.1M | $10.6M | $10.9M | $11.2M | $10.8M | $10.6M | $10.3M | $10.6M |
| Gross profit | −$324,000 | $750,000 | $14.6M | $12.7M | $12.6M | $13.1M | $13.4M | $13.0M | $12.9M | $12.7M | $13.3M | $12.9M |
| Sales, general & admin | $3.5M | $3.9M | $3.8M | $3.9M | $3.7M | $4.1M | $3.8M | $3.8M | $3.8M | $4.2M | $3.5M | $4.0M |
| Total operating expenses | −$3.2M | −$2.8M | $10.4M | $10.6M | $10.3M | $10.6M | $10.6M | $10.3M | $10.3M | $10.6M | $9.9M | $10.6M |
| Operating income | $2.9M | $3.6M | $4.1M | $2.1M | $2.3M | $2.5M | $2.8M | $2.7M | $2.7M | $2.1M | $3.4M | $2.4M |
| Interest income | $433,000 | $435,000 | $811,000 | $403,000 | $468,000 | $487,000 | $658,000 | $219,000 | $84,000 | $105,000 | — | $426,000 |
| Interest expense | $6.0M | $6.0M | $6.2M | $5.9M | $5.7M | $5.7M | $5.8M | $5.7M | $5.5M | $5.5M | $5.6M | $5.6M |
| Income before taxes | −$3.1M | −$2.6M | −$4.2M | −$2.7M | −$2.5M | −$2.2M | −$2.0M | −$2.5M | −$2.4M | −$3.1M | −$1.7M | −$1.6M |
| Income taxes | $37,000 | $76,000 | $54,000 | $2,000 | $60,000 | $58,000 | $71,000 | −$310,000 | −$65,000 | $78,000 | $49,000 | −$122,000 |
| Net income | −$3.2M | −$2.7M | −$4.3M | −$2.7M | −$2.6M | −$2.4M | −$2.1M | −$2.2M | −$2.3M | −$3.2M | −$1.7M | −$1.5M |
| EBITDA | $9.5M | $10.0M | $8.7M | $9.8M | $9.8M | $10.0M | $10.4M | $9.8M | $9.6M | $8.9M | $10.3M | $10.5M |
| EPS (diluted) | $0.36 | −$0.14 | −$0.23 | −$0.14 | $0.36 | −$0.12 | $0.37 | −$0.12 | −$0.13 | −$0.17 | −$0.11 | −$0.08 |
| Gross margin | −1.3% | 3.0% | 56.8% | 52.8% | 53.2% | 55.3% | 55.1% | 53.7% | 54.4% | 54.6% | 56.4% | 55.0% |
| Operating margin | 11.6% | 14.5% | 16.1% | 8.9% | 9.6% | 10.4% | 11.6% | 11.1% | 11.2% | 9.2% | 14.3% | 10.1% |
| Net margin | −13.2% | −10.9% | −16.8% | −11.3% | −10.8% | −10.0% | −8.5% | −9.1% | −9.9% | −13.6% | −7.4% | −6.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BRT's financial statements (latest annual report filed March 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BRT financial results
In fiscal year 2025 (ended December 31, 2025), BRT Apartments reported revenue of $97.0 million, up 1.5% from the year before. It had a net loss of $11.9 million, a net profit margin of −12.3%. Diluted earnings per share came to −$0.13. Over five years revenue grew at an average rate of 28.1% a year.
See the BRT stock overview for the latest quote and news, or the BRT chart for price history and technical indicators.
BRT income statement FAQ
What is BRT Apartments's annual revenue?
BRT Apartments reported total revenue of $97.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 1.5% from $95.6 million the previous year.
Is BRT Apartments profitable?
No. BRT Apartments reported a net loss of $11.9 million in fiscal 2025, a net profit margin of −12.3%; its operating margin was 11.4%.
What is BRT Apartments's gross margin?
BRT Apartments's gross margin was 0.2% in fiscal 2025: for every $100 of revenue, BRT Apartments kept $0 after the direct cost of its products and services.
How fast is BRT Apartments growing?
Revenue grew 28.1% a year on average over the last five fiscal years, from $28.1 million to $97.0 million.
What are BRT Apartments's earnings per share?
BRT Apartments earned $-0.13 per diluted share in fiscal 2025, compared with $-0.05 a year earlier.
When will BRT Apartments report its next earnings?
BRT Apartments is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does BRT Apartments's fiscal year end?
BRT Apartments's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 13, 2026.