BrightSpire Capital, Inc. (BRSP) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 85.14M | 83.16M | 81.42M | 84.33M | 77.56M | 83.47M | 85.64M | 88.5M | 92.67M | 102.76M | 99.88M | 96.07M | 98.17M | 100.31M | 95.53M | 84.58M | 78.11M | 121.56M | 84.26M | 74.11M |
| Revenue Growth % | 9.77% | -0.37% | -4.92% | -4.71% | -16.3% | -18.77% | -14.26% | -7.88% | -5.6% | 2.45% | 4.55% | 13.57% | 25.67% | -17.48% | 13.37% | 14.13% | -2.1% | 18.16% | -14.48% | -28.58% |
| Property Operating Expenses | 53.47M | 41.46M | 51.04M | 48.59M | 32.21M | 29.39M | 47.29M | 45.97M | 48.78M | 39.85M | 51.04M | 49.54M | 48.51M | 51.14M | 47.73M | 35.31M | 31.28M | 1.52M | 31.74M | 29.86M |
| Net Operating Income (NOI) | 31.67M | 41.7M | 30.39M | 35.75M | 45.35M | 54.08M | 38.34M | 42.53M | 43.89M | 62.91M | 48.84M | 46.53M | 49.65M | 49.17M | 47.8M | 49.28M | 46.83M | 120.03M | 52.53M | 44.25M |
| NOI Margin % | 37.2% | 50.15% | 37.32% | 42.39% | 58.47% | 64.79% | 44.78% | 48.06% | 47.36% | 61.22% | 48.9% | 48.43% | 50.58% | 49.02% | 50.03% | 58.26% | 59.95% | 98.75% | 62.34% | 59.71% |
| Operating Expenses | 28.45M | 18.75M | 26.34M | 22.36M | 41.12M | 10.79M | 22.26M | 61.44M | 96.77M | 12.47M | 31.78M | 49.55M | 59.89M | 33.6M | 61.24M | 31.2M | 20.3M | 11.55M | 21.43M | 27.59M |
| G&A Expenses | 12.98M | -29.91M | 8.08M | 8.19M | 13.64M | 0 | 8.19M | 9.58M | 8.77M | 0 | 11.97M | 9.37M | 8.8M | 8.56M | 8.37M | 8.27M | 8.22M | 0 | 12.9M | 12.39M |
| EBITDA | 11.85M | 30.94M | 11.24M | 23.99M | 14.78M | 53.55M | 26.17M | -9.95M | -42.39M | 58.57M | 25.94M | 4.93M | -2.19M | 23.41M | -4.74M | 26.93M | 35.22M | 115.75M | 40.27M | 26.68M |
| EBITDA Margin % | 13.92% | 37.2% | 13.8% | 28.45% | 19.06% | 64.16% | 30.56% | -11.25% | -45.74% | 57% | 25.97% | 5.14% | -2.23% | 23.34% | -4.96% | 31.84% | 45.09% | 95.22% | 47.8% | 36% |
| Depreciation & Amortization | 8.63M | 7.99M | 7.19M | 10.61M | 10.55M | 10.26M | 10.09M | 8.96M | 10.49M | 8.13M | 8.88M | 7.95M | 8.05M | 7.85M | 8.71M | 8.86M | 8.69M | 7.27M | 9.18M | 10.02M |
| D&A / Revenue % | 10.13% | 9.61% | 8.83% | 12.58% | 13.6% | 12.3% | 11.78% | 10.12% | 11.32% | 7.92% | 8.89% | 8.28% | 8.2% | 7.82% | 9.11% | 10.47% | 11.13% | 5.98% | 10.89% | 13.52% |
| Operating Income | 3.22M | 22.95M | 4.05M | 13.39M | 4.23M | 43.29M | 16.09M | -18.91M | -52.88M | 50.43M | 17.06M | -3.02M | -10.23M | 15.56M | -13.44M | 18.08M | 26.53M | 108.48M | 31.1M | 16.66M |
| Operating Margin % | 3.78% | 27.59% | 4.97% | 15.87% | 5.45% | 51.86% | 18.78% | -21.37% | -57.07% | 49.08% | 17.08% | -3.14% | -10.43% | 15.52% | -14.07% | 21.37% | 33.96% | 89.24% | 36.9% | 22.48% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.10x | 0.31x | 0.12x | -5.92x | 0.19x | 4.71x | 2.73x | -9.15x | -7.38x | 6.06x | 2.84x | -0.06x | -1.34x | 1.79x | -1.81x | 5.93x | 4.76x | 12.22x | 6.37x | 2.29x |
| Non-Operating Income | 0 | 5.53M | 312K | 53.46M | -1.75M | 11.48M | -2.33M | 42.83M | -2.81M | 9.25M | -2.32M | -2.6M | -2.88M | 3.04M | -654K | -24.14M | -9.44M | 11.91M | -19.67M | -1.15M |
| Pretax Income | 3.22M | -14.34M | -1.43M | -46.84M | 3.99M | -20.78M | 11.66M | -68.49M | -56.85M | -16.11M | 12.55M | -7.19M | -3.81M | 5.53M | -19.84M | 35.1M | 28.41M | 91.42M | -69.68M | -23.75M |
| Pretax Margin % | 3.78% | -17.25% | -1.76% | -55.54% | 5.14% | -24.89% | 13.62% | -77.39% | -61.35% | -15.67% | 12.57% | -7.48% | -3.88% | 5.52% | -20.76% | 41.49% | 36.38% | 75.21% | -82.69% | -32.05% |
| Income Tax | 94K | 10K | -129K | -21.66M | 282K | 369K | 244K | 194K | 252K | 203K | 158K | 310K | 390K | 1.3M | 633K | 465K | 36K | 6.15M | 2.06M | -134K |
| Effective Tax Rate % | 2.92% | -0.07% | 9% | 46.26% | 7.07% | -1.78% | 2.09% | -0.28% | -0.44% | -1.26% | 1.26% | -4.31% | -10.23% | 23.59% | -3.19% | 1.32% | 0.13% | 6.72% | -2.96% | 0.56% |
| Net Income | 4.84M | -14.35M | 984K | -23.12M | 5.34M | -19.74M | 12.73M | -67.86M | -57.1M | -16.32M | 12.39M | -7.49M | -4.13M | 4.24M | -20.46M | 34.29M | 27.72M | 81.05M | -70.06M | -19.72M |
| Net Margin % | 5.69% | -17.26% | 1.21% | -27.41% | 6.89% | -23.65% | 14.86% | -76.68% | -61.62% | -15.89% | 12.4% | -7.79% | -4.2% | 4.23% | -21.42% | 40.54% | 35.49% | 66.67% | -83.14% | -26.61% |
| Net Income Growth % | -9.3% | 27.3% | -92.27% | 65.93% | 109.36% | -20.94% | 2.74% | -806.49% | -1283.64% | -484.91% | 160.54% | -121.83% | -114.89% | -94.77% | 70.79% | 273.87% | 130.03% | 254.44% | -1499.18% | 91.31% |
| Funds From Operations (FFO) | 13.47M | -6.36M | 8.17M | -12.51M | 15.89M | -9.48M | 22.82M | -58.9M | -46.61M | -8.19M | 21.27M | 468K | 3.92M | 12.09M | -11.76M | 43.14M | 36.42M | 88.32M | -60.88M | -9.7M |
| FFO Margin % | 15.82% | -7.65% | 10.04% | -14.84% | 20.49% | -11.36% | 26.64% | -66.56% | -50.3% | -7.97% | 21.3% | 0.49% | 4% | 12.05% | -12.31% | 51% | 46.62% | 72.65% | -72.25% | -13.09% |
| FFO Growth % | -15.23% | 32.87% | -64.18% | 78.76% | 134.09% | -15.75% | 7.26% | -12685.47% | -1288.48% | -167.75% | 280.92% | -98.92% | -89.23% | -86.31% | 80.69% | 544.76% | 144% | 323.79% | -407.83% | 95.45% |
| FFO per Share | 0.10 | -0.05 | 0.06 | -0.10 | 0.12 | -0.07 | 0.18 | -0.46 | -0.37 | -0.06 | 0.16 | 0.00 | 0.03 | 0.09 | -0.09 | 0.33 | 0.28 | 0.69 | -0.47 | -0.08 |
| FFO Payout Ratio % | 0% | -323.56% | 255.29% | -166.27% | 130.56% | -219.39% | 114.98% | -44.2% | -55.77% | -317.5% | 122.23% | 5552.99% | 661.98% | 213.4% | -217.42% | 55.86% | 65.72% | 23.51% | -30.04% | -132.62% |
| EPS (Diluted) | 0.03 | -0.12 | 0.01 | -0.19 | 0.04 | -0.16 | 0.09 | -0.53 | -0.45 | -0.13 | 0.09 | -0.06 | -0.03 | 0.03 | -0.16 | 0.26 | 0.21 | 0.65 | -0.54 | -0.15 |
| EPS Growth % | -20% | 25% | -91.95% | 64.15% | 108.33% | -23.08% | 1.18% | -799.83% | -1280.37% | -543.69% | 158.31% | -122.65% | -115.52% | -95.49% | 70.37% | 273.33% | 129.58% | 258.54% | -1450% | 91.53% |
| EPS (Basic) | 0.03 | -0.12 | 0.01 | -0.19 | 0.04 | -0.16 | 0.10 | -0.53 | -0.45 | -0.13 | 0.10 | -0.06 | -0.03 | 0.03 | -0.16 | 0.26 | 0.21 | 0.65 | -0.54 | -0.15 |
| Diluted Shares Outstanding | 128.92M | 126.88M | 129.84M | 127.25M | 129.86M | 126.94M | 130.14M | 127.99M | 127.33M | 129.99M | 129.99M | 127.17M | 126.67M | 128.91M | 126.56M | 129.59M | 129.75M | 128.69M | 128.69M | 128.3M |