)
Brixmor Property Group (BRX) investor relations material
Brixmor Property Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operates 354 open-air shopping centers totaling 63 million sq. ft., with 82% of ABR from grocery-anchored centers and a focus on value-oriented, non-discretionary retail.
Achieved record leasing results with 1.5 million sq. ft. of new and renewal leases at an 18% blended cash spread in Q3 2025.
Small shop occupancy reached a record 91.4%, with further upside expected from the reinvestment pipeline.
Portfolio transformation since 2015 led to a 45% increase in in-place ABR PSF and improved occupancy rates.
Focuses on maximizing shareholder returns through internal growth, reinvestment, acquisitions, and prudent capital management.
Financial highlights
Q3 2025 revenues were $340.8 million, up from $320.7 million in Q3 2024; Nareit FFO was $172.3 million ($0.56 per share), up from $159.2 million ($0.52 per share) year-over-year.
Same property NOI for Q3 2025 was $229.1 million, up from $220.3 million in Q3 2024, with 4% year-over-year growth.
In-place ABR PSF reached $18.48, with new lease ABR PSF at $25.85 and small shop in-place ABR PSF at $29.16, all record highs as of Q3 2025.
Commenced a record $22 million of new ABR in the quarter; signed but not yet commenced rent pipeline totals $60 million.
Dividend increased by 7% to $0.3075 per share for Q4 2025, with an annualized yield of 4.4%.
Outlook and guidance
Updated 2025 Nareit FFO per diluted share guidance to $2.23–$2.25; affirmed same property NOI growth expectations of 3.9%–4.3%.
79% of signed but not commenced ABR expected to commence by year-end 2026.
Lease settlement income expected to be a headwind for 2026 FFO, but strong tailwinds from 2025 rent commencements and reduced at-risk tenancy.
Management anticipates adequate capital for all anticipated uses over the next 12 months, including debt payments, capital improvements, and dividends.
Base rent growth expected to accelerate into 2026 as billed occupancy rebounds.
Next Brixmor Property Group earnings date
Next Brixmor Property Group earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)