Operating Expenses

G&A

Franklin BSP Realty Trust G&A decreased by 12.2% to $2.33M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 30.3%, from $3.35M to $2.33M. Over 3 years (FY 2022 to FY 2025), G&A shows relatively stable performance with a 1.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026Apr 29, 2026

How to read this metric

Rising G&A as a percentage of revenue may indicate organizational bloat, while stability suggests effective cost management.

Detailed definition

General and administrative expenses cover the overhead costs of running the business, including executive salaries, lega...

Peer comparison

Standard operating expense category; used to assess administrative leverage.

Metric ID: general_and_administrative

Historical Data

19 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.08M$2.98M$3.35M$3.05M$3.00M$3.53M$4.03M$3.40M$3.57M$3.45M$2.86M$704.00K$3.80M$2.34M$3.35M$3.88M$3.46M$2.66M$2.33M
QoQ Change-3.2%+12.5%-9.1%-1.5%+17.5%+14.3%-15.7%+4.9%-3.3%-17.0%-75.4%+439.9%-38.4%+43.0%+16.0%-11.0%-23.0%-12.2%
YoY Change-1.0%+0.7%+20.2%+11.5%+18.8%-2.2%-29.0%-79.3%+6.6%-32.1%+17.1%+451.7%-9.1%+13.5%-30.3%
Range$704.00K$4.03M
CAGR-6.0%
Avg YoY Growth+23.8%
Median YoY Growth+0.7%
Current Streak3 quarters decline

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Real Estate Debt and Other Real Estate Investments-$351.00K$2.37M$1.07M$2.12M$2.94M$2.33M$1.17M$1.37M
Conduit$1.06M$1.43M$1.27M$1.23M$949.00K$878.00K$905.00K
Agency Business$247.00K$57.00K
Real Estate Owned$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Total$704.00K$3.80M$2.34M$3.35M$3.88M$3.46M$2.66M$2.33M

Frequently Asked Questions

What is Franklin BSP Realty Trust's g&a?
Franklin BSP Realty Trust (FBRT) reported g&a of $2.33M in Q1 2026.
How has Franklin BSP Realty Trust's g&a changed year-over-year?
Franklin BSP Realty Trust's g&a decreased by 30.3% year-over-year, from $3.35M to $2.33M.
What is the long-term trend for Franklin BSP Realty Trust's g&a?
Over 3 years (2022 to 2025), Franklin BSP Realty Trust's g&a has grown at a 1.1% compound annual growth rate (CAGR), from $12.93M to $13.35M.
What does g&a mean?
The overhead costs required to manage and support the company's operations.