Saturday 17 October 2026 Export BRSP’s income statement to Excel — free account

BrightSpire Capital, Inc.

BrightSpire Capital, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $203.3 million, down 0.77% from fiscal 2024. In the quarter to June 2026, revenue fell 9.80%, EPS grew 21.1%, free cash flow grew 150.3% and total debt rose 31.7%, each against the same quarter a year earlier.

3.69 0.10 −2.64%

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Market cap: $479.5M
P/E: 0.0×
Fwd P/E: 25.0×
Dividend yield: 17.3%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 3.13%

Capital & Financial Ratios $m

Market Cap 479.53

Revenue 204.42

Net Income (34.36)

Free Cash Flow 175.20

Net Debt 2,164.36

Current Ratio 0.83

Debt/Equity 2.75

P/E ratio 0.00

Fwd P/E 25.00

P/S ratio 2.29

P/B ratio 0.55

Past 5Y EPS Growth —

This Y EPS Growth (12.95%)

Next Y EPS Growth 16.15%

Next Y revenue growth 34.52%

Next 5Y EPS Growth 0.52%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 4.57%

10-year low 10-year high

P/B against its own 10 years 13.16%

10-year low 10-year high

EV/Sales against its own 10 years 77.98%

10-year low 10-year high

EV/FCF against its own 10 years 42.55%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.64

Annual Dividend Yield 17.34%

	total	individual payouts
2027	Powerpack
2026	0.64	0.16 0.16 0.16
2025	0.64	0.16 0.16 0.16 0.16
2024	0.72	0.20 0.20 0.16 0.16
2023	0.80	0.20 0.20 0.20 0.20
2022	0.79	0.19 0.20 0.20 0.20
2021	0.58	0.10 0.14 0.16 0.18
2020	0.30	0.10 0.10 0.10
2019	1.65	0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.10 0.10
2018	1.60	0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.15

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	362	451	174	170
Receivables	41	39	46	51
Inventory	—	—	—	—
Other	—	—	—	—
	404	489	219	221

	2023	2024	2025	Q'26
Payables	—	—	—	—
ST’ Debt	—	—	—	—
Other	—	—	—	—
	736	702	478	266

Compound Annual Growth %

	10y	5y	3y
Sales	6.08%	(6.15%)	(3.09%)
Cash Flow	1.22%	(5.39%)	(16.47%)
Earnings	0.00%	0.00%	0.00%
Book Value	(1.05%)	(13.87%)	(12.57%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	52	49	—	—	—
’25	45	54	53	51	203
’24	56	53	49	47	205
’23	59	55	59	60	233
’22	54	55	55	59	223
’21	50	52	61	62	224
’20	90	60	67	62	279

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	11	29	—	—	—
’25	11	17	30	15	73
’24	25	23	31	25	103
’23	40	23	38	36	138
’22	32	22	34	36	125
’21	2	(130)	58	50	(21)
’20	57	(28)	15	51	96

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	35	29	—	—	—
’25	13	12	62	49	136
’24	22	23	48	24	117
’23	38	19	38	35	131
’22	31	22	89	35	177
’21	0	203	380	49	301
’20	207	(15)	(166)	503	528

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.03	(0.15)	—	—	—
’25	0.04	(0.19)	0.01	(0.12)	(0.26)
’24	(0.45)	(0.53)	0.09	(0.16)	(1.05)
’23	(0.03)	(0.06)	0.09	(0.13)	(0.12)
’22	0.21	0.26	(0.16)	0.03	0.34
’21	(0.71)	(0.15)	(0.54)	0.63	(0.79)
’20	(0.62)	(1.77)	0.04	(0.41)	(2.75)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	15.56	11.18	2.46	7.05	6.11	5.20	5.07	4.16	Analyst estimates 2026–2028 Powerpack
	High	—	—	23.23	17.99	14.01	10.68	10.42	8.01	7.71	6.32
People
People	Employees	575	—	0	450	—	55	54	55	49	47
	Revenue/emp, $m	0.20	0.00	0.00	0.79	0.00	4.08	4.14	4.23	4.18	4.33
Income, $m
Income, $m	Revenue	116	144	298	354	279	224	223	233	205	203
	Gross margin, %	99.22	94.45	60.74	56.16	66.07	82.23	89.16	88.55	83.46	67.58
	EBT	94	105	(164)	(496)	(251)	33	49	(24)	(134)	(60)
	EBT margin, %	81.32	73.31	(55.14)	(140.24)	(90.01)	14.62	22.03	(10.15)	(65.62)	(29.64)
	Net income	109	128	(177)	(463)	(376)	(105)	47	(16)	(136)	(39)
	Depreciation	(2)	4	88	97	62	42	31	33	42	48
Per share, $
Per share, $	Revenue	2.62	3.24	2.47	2.76	2.17	1.75	1.75	1.83	1.61	1.60
	Earnings	2.46	2.88	(1.41)	(3.25)	(2.75)	(0.79)	0.35	(0.12)	(1.05)	(0.26)
	Cash flow	1.99	2.41	0.83	1.07	0.75	(0.17)	0.98	1.08	0.81	0.58
	Capex	0.00	0.19	(3.44)	0.48	3.36	2.51	0.41	(0.06)	0.11	0.50
	Free cash flow	1.99	2.60	(2.61)	1.54	4.11	2.34	1.39	1.03	0.92	1.07
	Book value	27.83	31.70	23.58	17.15	15.24	11.61	10.91	10.06	8.21	7.32
	Shares, m	44	44	121	128	129	128	127	127	127	127
Valuation, ×
Valuation, ×	P/E	7.08	7.08	0.00	0.00	0.00	0.00	18.56	0.00	0.00	0.00
	P/S	6.30	6.30	6.40	4.77	3.45	5.87	3.60	4.01	3.51	3.49
	P/B	0.64	0.64	0.67	0.77	0.49	0.88	0.58	0.73	0.69	0.77
	EV/Sales	5.17	5.17	7.60	8.00	5.09	15.05	13.04	11.33	10.45	12.75
	EV/FCF	6.38	6.38	(7.20)	14.27	2.69	5.34	16.46	20.19	18.31	19.07
Cash, $m
Cash, $m	Operating cash flow	89	107	101	137	96	(21)	125	138	103	73
	Capex	0	9	(415)	61	431	322	52	(7)	14	63
	Free cash flow	88	116	(314)	198	528	301	177	131	117	136
Balance, $m
Balance, $m	Working capital	1,717	1,321	2,977	1,314	1,600	354	(305)	(332)	(212)	(258)
	Total debt	502	109	1,447	1,932	1,370	2,406	2,508	2,065	1,872	2,055
	Net debt	274	(162)	357	1,141	457	2,059	2,109	1,703	1,422	1,881
	Shareholders’ equity	1,236	1,408	2,845	2,201	1,959	1,491	1,389	1,278	1,046	928
Returns, %
Returns, %	ROA	4.06	4.86	(3.21)	(5.16)	(5.19)	(1.71)	0.88	(0.35)	(3.33)	(0.85)
	ROIC	3.91	5.31	(3.18)	(9.39)	(2.12)	(0.82)	0.26	(0.51)	(3.41)	(1.29)
	ROE	6.71	6.70	(7.92)	(16.43)	(16.99)	(5.86)	3.18	(1.17)	(11.36)	(3.16)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MFA MFA Financial, Inc.	$677.3M	6.5×	10.1×	+4.48% (above 0%: growing)	+59.09% (above 0%: growing)	+162.56% (above 0%: growing)	100.00%	78.90%	Compare
PMT PennyMac Mortgage Investment Trust	$615.7M	4.9×	8.4×	+3.60% (above 0%: growing)	n/m	−45.97% (below 0%: shrinking)	63.63%	34.80%	Compare
IVR INVESCO MORTGAGE CAPITAL INC	$607.1M	3.7×	10.2×	+20.93% (above 0%: growing)	n/m	+3.93% (above 0%: growing)	35.24%	28.86%	Compare
ABR Arbor Realty Trust	$522.4M	38.6×	22.1×	−2.77% (below 0%: shrinking)	n/m	+172.80% (above 0%: growing)	19.79%	(4.57%)	Compare
FBRT Franklin BSP Realty Trust, Inc.	$520.7M	14.1×	9.4×	+32.33% (above 0%: growing)	−36.84% (below 0%: shrinking)	+87.71% (above 0%: growing)	90.86%	18.69%	Compare
BRSP BrightSpire Capital, Inc.	$479.5M	— (loss-making)	25.0×	−9.80% (below 0%: shrinking)	n/m	+150.31% (above 0%: growing)	61.99%	(40.13%)
TRTX TPG RE Finance Trust, Inc.	$454.5M	10.7×	10.5×	−6.05% (below 0%: shrinking)	−42.86% (below 0%: shrinking)	−70.48% (below 0%: shrinking)	100.00%	49.39%	Compare
RWT Redwood Trust, Inc.	$390.7M	— (loss-making)	8.4×	+35.48% (above 0%: growing)	n/m	−77.33% (below 0%: shrinking)	8.33%	(1.59%)	Compare
KREF KKR Real Estate Finance Trust	$352.3M	— (loss-making)	— (loss-making)	−41.60% (below 0%: shrinking)	n/m	−137.85% (below 0%: shrinking)	100.00%	(560.14%)	Compare
Median of peers	$521.5M	8.6×	10.1×	+4.04%	−36.84%	−21.02%	77.25%	23.78%

All 37 Reit Mortgage stocks →

BrightSpire Capital, Inc. (BRSP) key facts

Concern: BrightSpire Capital, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $203.3 million, down 0.77% from fiscal 2024.
BrightSpire Capital, Inc. (BRSP) is a Reit Mortgage company in the Real Estate sector, listed on the New York Stock Exchange.
As of October 16, 2026, BRSP traded at $3.69, a market capitalization of $479.5 million.
BrightSpire Capital, Inc. pays an annual dividend of $0.64 per share, a yield of 17.3%.
Return on equity was −3.16% and debt-to-equity 2.75.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.