Brixmor Property Group
Logotype for Brixmor Property Group Inc

Brixmor Property Group (BRX) investor relations material

Brixmor Property Group Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Brixmor Property Group Inc
Q4 2025 earnings summary10 Feb, 2026

Executive summary

  • Leadership transition completed with Brian T. Finnegan appointed CEO effective January 1, 2026, and expanded executive roles, maintaining strategic continuity and operational excellence.

  • Achieved record annual operating results for 2025, including highest-ever small shop occupancy and $70 million in new lease ABR.

  • Executed 6.0 million sq. ft. of new and renewal leases for the year, with strong rent spreads and sequential occupancy gains.

  • Portfolio transformation and disciplined execution have positioned the company for accelerated growth, leveraging favorable fundamentals in open-air, grocery-anchored retail.

  • Record leasing activity, robust tenant demand, and high occupancy gains highlight operational strength.

Financial highlights

  • Q4 2025 net income attributable to shareholders was $137.1 million ($0.44 per diluted share), up from $83.4 million ($0.27) in Q4 2024.

  • Full-year 2025 net income was $386.2 million ($1.25 per diluted share), up from $339.3 million ($1.11) in 2024.

  • NAREIT FFO reached $2.25 per share for the year, up 5.6% year-over-year, and $0.58 per share in Q4.

  • Same property NOI grew 4.2% for the year, with Q4 up 6% year-over-year.

  • Record $70 million of new rent executed, with small shop occupancy at a new high of 92.2% and overall occupancy up 100 bps to 95.1%.

Outlook and guidance

  • 2026 guidance: Same property NOI growth of 4.5%-5.5%, driven by over 450 bps of expected base rent contribution.

  • NAREIT FFO guidance for 2026 is $2.33-$2.37 per share, representing 4.4% growth at the midpoint.

  • Revenues deemed uncollectible expected at 75-100 bps of total revenues, reflecting improved tenant quality.

Reinvestment pipeline yield by project type
New vs renewal lease rent spread comparison
Strategic rationale for recent dispositions
Impact of multi-unit small shop growth on risk?
Capital allocation priority: acquisitions vs. redev?
How does AI enhance tenant health analysis?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Brixmor Property Group earnings date

Logotype for Brixmor Property Group Inc
Q1 202628 Apr, 2026
Brixmor Property Group
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Brixmor Property Group earnings date

Logotype for Brixmor Property Group Inc
Q1 202628 Apr, 2026

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.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

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.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
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.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
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.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
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.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
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.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
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.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Brixmor is a real estate investment trust that owns and operates a high-quality, national portfolio of open-air shopping centers. Our portfolio spans five retail sectors: grocery anchored, service-oriented, value retail, power centers, and lifestyle. Each sector comprises nearly one quarter of our portfolio. This diverse mix provides a reliable platform for delivering consistent shareholder returns through both economic cycles and geographic concentrations.

Quartr provides global coverage of all investor relation material from public companies.

  • 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.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage