BrightSpire Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	127.65	102.44	93.4	90.19	102.63
Service and Other Revenue	75.66	102.45	139.31	133.16	121.84
Revenue	203.31	204.9	232.72	223.35	224.48
Revenue Growth (YoY)	-0.77%	-11.96%	4.19%	-0.50%	-19.60%
Property Expenses	65.92	33.89	26.64	24.22	30.29
Service and Other Expenses	2.7	1.64	2.5	3.43	4.56
Total Property Expenses	68.61	35.53	29.14	27.66	34.84
Gross Profit	134.7	169.37	203.58	195.7	189.64
Selling, General & Admin	47.05	46.51	52.65	47.67	59.61
Depreciation & Amortization Expenses	36.34	40.51	33.5	34.1	36.4
Other Operating Expenses	85.62	190.01	115.74	70.64	107.89
Operating Income	-34.31	-107.66	1.68	43.29	-14.26
Interest Income	194.89	244.77	307.76	268.37	89.34
Interest Expense	103.57	126.88	147.4	112.52	68.67
Other Non-Operating Income (Expense)	-2.25	0.23	0.61	34.63	79.35
Total Non-Operating Income (Expense)	296.2	371.89	455.77	415.52	237.35
Pretax Income	-60.27	-134.46	-23.61	49.2	32.81
Provision for Income Taxes	-21.5	1.06	1.06	2.44	6.28
Net Income	-31.15	-131.98	-15.55	45.79	-101.05
Net Income to Common	-31.15	-131.98	-15.55	45.79	-101.05
Shares Outstanding (Basic)	127	127	127	127	128
Shares Outstanding (Diluted)	127	127	127	129	128
Shares Change (YoY)	-0.44%	0.30%	-1.73%	0.63%	-0.04%
EPS (Basic)	-0.26	-1.05	-0.12	0.35	-0.79
EPS (Diluted)	-0.26	-1.05	-0.12	0.34	-0.79
Free Cash Flow	55.08	97.31	130.57	121.31	-31.19
Free Cash Flow Growth	-43.40%	-25.47%	7.63%	-	-
Free Cash Flow Per Share	0.43	0.76	1.03	0.94	-0.24
Dividends Per Share	0.640	0.720	0.800	0.790	0.580
Dividend Growth	-11.11%	-10.00%	1.27%	36.21%	93.33%
Gross Margin	66.25%	82.66%	87.48%	87.62%	84.48%
Operating Margin	-16.88%	-52.54%	0.72%	19.38%	-6.35%
Profit Margin	-19.07%	-66.14%	-6.71%	20.95%	-46.59%
FCF Margin	27.09%	47.49%	56.11%	54.31%	-13.90%
EBITDA	2.03	-67.15	35.19	77.39	22.14
EBITDA Margin	1.00%	-32.77%	15.12%	34.65%	9.86%
EBIT	-34.31	-107.66	1.68	43.29	-14.26
EBIT Margin	-16.88%	-52.54%	0.72%	19.38%	-6.35%
Effective Tax Rate	35.68%	-0.79%	-4.50%	4.96%	19.13%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q