8-K Announcements
6Apr 28, 2026·SEC
Apr 1, 2026·SEC
Mar 18, 2026·SEC
BrightSpire Capital, Inc. (BRSP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BrightSpire Capital, Inc. (BRSP) stock price & volume — 10-year historical chart
BrightSpire Capital, Inc. (BRSP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
BrightSpire Capital, Inc. (BRSP) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $0.14vs $0.15-6.7% | $85Mvs $63M+34.9% |
| Q1 2026 | Feb 17, 2026 | $0.15vs $0.16-6.3% | $67Mvs $62M+7.8% |
| Q4 2025 | Oct 28, 2025 | $0.16vs $0.16+0.0% | $81Mvs $67M+22.2% |
| Q3 2025 | Jul 29, 2025 | $0.18vs $0.16+12.5% | $84Mvs $76M+10.9% |
BrightSpire Capital, Inc. (BRSP) competitors in Commercial Mortgage and Credit REITs — business model, growth, and fundamentals comparison
BrightSpire Capital, Inc. (BRSP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BrightSpire Capital, Inc. (BRSP) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 163.96M | 473.36M | 549.33M | 424.35M | 323.09M | 358.54M | 392.11M | 347.22M | 331.6M | 334.06M |
| Revenue Growth % | 15.74% | 188.7% | 16.05% | -22.75% | -23.86% | 10.97% | 9.36% | -11.45% | -4.5% | -0.33% |
| Property Operating Expenses | 29M | 253.1M | 310.5M | 211.98M | 131.23M | 165.46M | 199.95M | 187.8M | 167M | 194.56M |
| Net Operating Income (NOI) | 134.97M▲ 0% | 220.26M▲ 63.2% | 238.83M▲ 8.4% | 212.37M▼ 11.1% | 191.86M▼ 9.7% | 193.07M▲ 0.6% | 192.16M▼ 0.5% | 159.42M▼ 17.0% | 164.6M▲ 3.3% | 139.5M▲ 0% |
| NOI Margin % | 82.31% | 46.53% | 43.48% | 50.05% | 59.38% | 53.85% | 49.01% | 45.91% | 49.64% | 41.76% |
| Operating Expenses | 3.08M | 271.07M | 395.79M | 192.78M | 92.24M | 146.35M | 180.38M | 211.23M | 33.72M | 95.9M |
| G&A Expenses | 12.67M | 69.82M | 74.33M | 56.29M | 41.74M | 33.03M | 39.5M | 34.64M | 0 | -659K |
| EBITDA | 141.02M | 40.18M | -53.63M | 79.44M | 136.12M | 80.82M | 45.38M | -11.3M | 168.22M | 78.02M |
| EBITDA Margin % | 86.01% | 8.49% | -9.76% | 18.72% | 42.13% | 22.54% | 11.57% | -3.25% | 50.73% | 23.35% |
| Depreciation & Amortization | 9.14M | 90.99M | 103.32M | 59.85M | 36.5M | 34.1M | 33.61M | 40.51M | 37.34M | 34.41M |
| D&A / Revenue % | 5.57% | 19.22% | 18.81% | 14.1% | 11.3% | 9.51% | 8.57% | 11.67% | 11.26% | 10.3% |
| Operating Income | 131.88M▲ 0% | -50.81M▼ 138.5% | -156.95M▼ 208.9% | 19.59M▲ 112.5% | 99.62M▲ 408.6% | 46.73M▼ 53.1% | 11.77M▼ 74.8% | -51.81M▼ 540.0% | 130.88M▲ 352.6% | 43.6M▲ 0% |
| Operating Margin % | 80.43% | -10.73% | -28.57% | 4.62% | 30.83% | 13.03% | 3% | -14.92% | 39.47% | 13.05% |
| Interest Expense | 5.09M | 43.44M | 55.41M | 48.86M | 32.28M | 28.72M | 25.91M | 27.03M | 127.28M | 4M |
| Interest Coverage | 21.68x | -2.78x | -7.96x | -4.14x | 2.02x | 2.71x | 0.09x | -3.98x | 0.59x | - |
| Non-Operating Income | 21.41M | 69.82M | 284.05M | 222.03M | 34.53M | -31.2M | 9.48M | 55.62M | 56.25M | 59.3M |
| Pretax Income | 130.09M▲ 0% | -140.29M▼ 207.8% | -496.42M▼ 253.8% | -386.48M▲ 22.1% | -98.31M▲ 74.6% | 49.23M▲ 150.1% | -14.56M▼ 129.6% | -134.46M▼ 823.7% | -52.65M▲ 60.8% | -59.4M▲ 0% |
| Pretax Margin % | 79.34% | -29.64% | -90.37% | -91.08% | -30.43% | 13.73% | -3.71% | -38.72% | -15.88% | -17.78% |
| Income Tax | 2.21M | 37.06M | 3.17M | -10.9M | 6.28M | 2.44M | 1.06M | 1.06M | -21.5M | -21.69M |
| Effective Tax Rate % | 1.7% | -26.42% | -0.64% | 2.82% | -6.38% | 4.96% | -7.3% | -0.79% | 40.84% | 36.52% |
| Net Income | 88.5M▲ 0% | -168.5M▼ 290.4% | -414.51M▼ 146.0% | -353.3M▲ 14.8% | -101.05M▲ 71.4% | 45.79M▲ 145.3% | -15.55M▼ 134.0% | -131.98M▼ 748.8% | -31.15M▲ 76.4% | -31.64M▲ 0% |
| Net Margin % | 53.98% | -35.6% | -75.46% | -83.26% | -31.28% | 12.77% | -3.97% | -38.01% | -9.39% | -9.47% |
| Net Income Growth % | 16.37% | -290.38% | -146% | 14.77% | 71.4% | 145.31% | -133.96% | -748.79% | 76.4% | 54.49% |
| Funds From Operations (FFO) | 97.64M▲ 0% | -77.51M▼ 179.4% | -311.19M▼ 301.5% | -293.45M▲ 5.7% | -64.54M▲ 78.0% | 79.89M▲ 223.8% | 18.06M▼ 77.4% | -91.47M▼ 606.4% | 6.19M▲ 106.8% | 2.77M▲ 0% |
| FFO Margin % | 59.55% | -16.37% | -56.65% | -69.15% | -19.98% | 22.28% | 4.61% | -26.34% | 1.87% | 0.83% |
| FFO Growth % | 28.14% | -179.38% | -301.47% | 5.7% | 78.01% | 223.77% | -77.39% | -606.44% | 106.77% | 32.22% |
| FFO per Share | 0.86 | -0.64 | -2.42 | -2.28 | -0.50 | 0.62 | 0.14 | -0.72 | 0.05 | 0.02 |
| FFO Payout Ratio % | 306.55% | -239.05% | -69.96% | -17.62% | -80.44% | 124.41% | 575.52% | -108.29% | 1340.44% | 2247.36% |
| EPS (Diluted) | 0.78▲ 0% | -1.41▼ 280.8% | -3.25▼ 130.5% | -2.75▲ 15.4% | -0.79▲ 71.3% | 0.34▲ 143.0% | -0.12▼ 135.3% | -1.05▼ 775.0% | -0.26▲ 75.2% | -0.25▲ 0% |
| EPS Growth % | 32.2% | -280.77% | -130.5% | 15.38% | 71.27% | 143.04% | -135.29% | -775% | 75.24% | 51.19% |
| EPS (Basic) | 0.78 | -1.41 | -3.89 | -2.75 | -0.79 | 0.35 | -0.12 | -1.05 | -0.26 | - |
| Diluted Shares Outstanding | 113.27M | 120.68M | 128.39M | 128.55M | 128.5M | 129.3M | 127.06M | 127.44M | 126.88M | 128.92M |
BrightSpire Capital, Inc. (BRSP) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 1.84B | 8.66B | 7.41B | 6.21B | 5.64B | 4.75B | 4.2B | 3.72B | 3.56B | 3.65B |
| Asset Growth % | 2.06% | 370.84% | -14.39% | -16.22% | -9.23% | -15.75% | -11.62% | -11.31% | -4.26% | -25.18% |
| Real Estate & Other Assets | 477K | 1.99B | 1.5B | 851.81M | 793.91M | 740.75M | 814.69M | 786.94M | 692.65M | 0 |
| PP&E (Net) | 219.74M | 0 | 25.48M | 22.06M | 24.97M | 25.24M | 22.09M | 23.24M | 19.83M | 0 |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Total Current Assets | 1.4B | 2.2B | 5.18B | 4.89B | 4.73B | 3.93B | 3.3B | 2.86B | 2.82B | 147.07M |
| Cash & Equivalents | 25.2M | 77.32M | 69.62M | 474.82M | 259.72M | 306.32M | 257.51M | 302.17M | 66.79M | 96.56M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 1.34B | 2.07B | 2.18B | 2.15B | 939.43M | 3.56B | 3B | 153.69M | 107.05M | 0 |
| Intangible Assets | 11.01M | 134.07M | 112.76M | 75.7M | 64.98M | 41.18M | 46.54M | 47.17M | 27.65M | 28.14M |
| Total Liabilities | 431.83M | 5.82B | 5.21B | 4.25B | 4.15B | 3.36B | 2.92B | 2.68B | 2.64B | 2.74B |
| Total Debt | 389.66M | 5.59B | 6.08B | 4.66B | 4.87B | 3.19B | 3.66B | 2.52B | 2.49B | 412.81M |
| Net Debt | 364.46M | 5.52B | 6.01B | 4.19B | 4.61B | 2.88B | 3.4B | 2.21B | 2.42B | 316.25M |
| Long-Term Debt | 389.66M | 5.59B | 4.95B | 4.1B | 3.94B | 3.16B | 2.72B | 2.49B | 2.47B | 0 |
| Short-Term Borrowings | 0 | 193.17M | 1.1B | 535.22M | 905.12M | 424K | 913.54M | 0 | 0 | 412.81M |
| Capital Lease Obligations | 0 | 0 | 25.5M | 22.19M | 25.2M | 25.96M | 26.43M | 24.12M | 20.7M | 43.14M |
| Total Current Liabilities | 42.02M | 1.17B | 191.76M | 119.06M | 170.78M | 79.17M | 174.9M | 157.8M | 144.56M | 412.81M |
| Accounts Payable | 3.53M | 29.15M | 28.28M | 15.08M | 20.17M | 15.09M | 17.57M | 17.83M | 25.57M | 0 |
| Deferred Revenue | 481K | 0 | 16.74M | 9.08M | 7.67M | 0 | 7.22M | 7.85M | 9.66M | 0 |
| Other Liabilities | 37.59M | 38.88M | -3.97M | -32.62M | -27.74M | -20.73M | 6.4M | 4.25M | 1.25M | 2.33B |
| Total Equity | 1.41B▲ 0% | 2.85B▲ 102.1% | 2.2B▼ 22.6% | 1.96B▼ 11.0% | 1.49B▼ 23.9% | 1.39B▼ 6.9% | 1.28B▼ 8.0% | 1.05B▼ 18.2% | 928.4M▼ 11.2% | 906.17M▲ 0% |
| Equity Growth % | 13.92% | 102.14% | -22.63% | -11.02% | -23.86% | -6.86% | -7.96% | -18.2% | -11.23% | -44.31% |
| Shareholders Equity | 1.08B | 2.71B | 2.12B | 1.67B | 1.46B | 1.39B | 1.28B | 1.05B | 938.43M | 917.92M |
| Minority Interest | 327.76M | 138.3M | 82.33M | 293M | 36.03M | 1.26M | 1.13M | -2.41M | -10.03M | -11.75M |
| Common Stock | 0 | 1.28M | 1.28M | 1.29M | 1.3M | 1.29M | 1.3M | 1.3M | 1.29M | 0 |
| Additional Paid-in Capital | 821.03M | 2.9B | 2.91B | 2.84B | 2.86B | 2.85B | 2.86B | 2.87B | 2.86B | 0 |
| Retained Earnings | 258.78M | -193.33M | -819.74M | -1.23B | -1.41B | -1.47B | -1.59B | -1.81B | -1.93B | -1.94B |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | 4.86% | -3.21% | -5.16% | -5.19% | -1.71% | 0.88% | -0.35% | -3.33% | -0.85% | -0.91% |
| Return on Equity (ROE) | 6.7% | -7.92% | -16.43% | -16.99% | -5.86% | 3.18% | -1.17% | -11.36% | -3.16% | -3.34% |
| Debt / Assets | 21.18% | 64.59% | 81.95% | 75.02% | 86.45% | 67.16% | 87.07% | 67.56% | 69.87% | 11.32% |
| Debt / Equity | 0.28x | 1.97x | 2.76x | 2.38x | 3.27x | 2.30x | 2.86x | 2.41x | 2.68x | 2.68x |
| Net Debt / EBITDA | 2.58x | 137.31x | - | 52.69x | 33.90x | 35.68x | 74.87x | - | 14.41x | 14.41x |
| Book Value per Share | 12.43 | 23.58 | 17.15 | 15.24 | 11.61 | 10.74 | 10.06 | 8.21 | 7.32 | 7.03 |
BrightSpire Capital, Inc. (BRSP) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 106.98M | 100.72M | 137.18M | 96.36M | -21.27M | 125.28M | 137.62M | 103.41M | 73.03M | 73.03M |
| Operating CF Growth % | 20.87% | -5.85% | 36.19% | -29.76% | -122.07% | 688.98% | 9.86% | -24.86% | -29.38% | -62.52% |
| Operating CF / Revenue % | 65.25% | 21.28% | 24.97% | 22.71% | -6.58% | 34.94% | 35.1% | 29.78% | 22.02% | 21.86% |
| Net Income | 127.88M | -177.35M | -462.65M | -375.58M | -104.58M | 46.79M | -15.62M | -135.52M | -38.77M | -31.64M |
| Depreciation & Amortization | 9.14M | 90.99M | 103.32M | 59.85M | 36.5M | 34.6M | 33.61M | 33.57M | 39.18M | 37.61M |
| Stock-Based Compensation | 0 | 7.11M | 10.81M | 4.37M | 14.02M | 7.89M | 14.06M | 11.65M | 12.84M | 11.54M |
| Other Non-Cash Items | -23.34M | 147.9M | 513.76M | 404.76M | 52.77M | 40.78M | 108.06M | 194.13M | 92.19M | 78.51M |
| Working Capital Changes | -8.44M | 3.72M | -23.42M | 3.13M | -19.89M | -2.73M | -1.45M | 701K | -10.11M | 8.93M |
| Cash from Investing | 439.27M | -467.7M | -416.02M | 1B | -555.79M | 89.34M | 384.16M | 313.08M | -419.93M | -523.04M |
| Acquisitions (Net) | 6.2M | 0 | 67.36M | 0 | 0 | 38.1M | 0 | 0 | 0 | 0 |
| Purchase of Investments | 0 | -114.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale of Investments | 0 | 0 | 68.74M | 108.37M | 227.01M | 36.15M | 2.16M | 0 | 0 | 0 |
| Other Investing | 433.38M | -353.5M | -552.12M | 894.38M | -782.8M | 15.08M | 382M | 313.08M | -419.93M | -523.04M |
| Cash from Financing | -551.66M | 487.52M | 286.78M | -754.06M | 384.36M | -161.45M | -558.6M | -327.95M | 68.93M | 346.35M |
| Dividends Paid | -299.32M | -185.29M | -217.72M | -51.71M | -51.92M | -99.39M | -103.95M | -99.06M | -83M | -62.25M |
| Common Dividends | -299.32M | -185.29M | -217.72M | -51.71M | -51.92M | -99.39M | -103.95M | -99.06M | -83M | -62.25M |
| Debt Issuance (Net) | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | 1000K | 1000K |
| Share Repurchases | 0 | -659K | -1.6M | -1.74M | -2.61M | -44.96M | -2.88M | -11.19M | -14.81M | -10.93M |
| Other Financing | 19.09M | -39.88M | -23.96M | 161.58M | -262.75M | -1.34M | -6.09M | -13.01M | -8.56M | 246.45M |
| Net Change in Cash | -5.41M▲ 0% | 120.36M▲ 2326.0% | 8.22M▼ 93.2% | 344.35M▲ 4088.6% | -193.47M▼ 156.2% | 52.27M▲ 127.0% | -36.74M▼ 170.3% | 88.61M▲ 341.2% | -276.86M▼ 412.5% | -102.53M▲ 0% |
| Exchange Rate Effect | 0 | -176K | 287K | -690K | -764K | -898K | 77K | 69K | 1.12M | 709K |
| Cash at Beginning | 72.51M | 67.11M | 187.46M | 195.68M | 540.03M | 346.56M | 398.83M | 362.09M | 450.7M | 173.84M |
| Cash at End | 67.11M | 187.46M | 195.68M | 540.03M | 346.56M | 398.83M | 362.09M | 450.7M | 173.84M | 189.28M |
| Free Cash Flow | 106.98M▲ 0% | 100.72M▼ 5.9% | 137.18M▲ 36.2% | 96.36M▼ 29.8% | -21.27M▼ 122.1% | 125.28M▲ 689.0% | 137.62M▲ 9.9% | 103.41M▼ 24.9% | 73.03M▼ 29.4% | 73.45M▲ 0% |
| FCF Growth % | 20.87% | -5.85% | 36.19% | -29.76% | -122.07% | 688.98% | 9.86% | -24.86% | -29.38% | -17.77% |
| FCF / Revenue % | 65.25% | 21.28% | 24.97% | 22.71% | -6.58% | 34.94% | 35.1% | 29.78% | 22.02% | 21.99% |
BrightSpire Capital, Inc. (BRSP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 0.86 | -0.64 | -2.42 | -2.28 | -0.5 | 0.62 | 0.14 | -0.72 | 0.05 | 0.02 |
| FFO Payout Ratio | 306.55% | -239.05% | -69.96% | -17.62% | -80.44% | 124.41% | 575.52% | -108.29% | 1340.44% | 2247.36% |
| NOI Margin | 82.31% | 46.53% | 43.48% | 50.05% | 59.38% | 53.85% | 49.01% | 45.91% | 49.64% | 41.76% |
| Net Debt / EBITDA | 2.58x | 137.31x | - | 52.69x | 33.90x | 35.68x | 74.87x | - | 14.41x | 14.41x |
| Debt / Assets | 21.18% | 64.59% | 81.95% | 75.02% | 86.45% | 67.16% | 87.07% | 67.56% | 69.87% | 11.32% |
| Interest Coverage | 21.68x | -2.78x | -7.96x | -4.14x | 2.02x | 2.71x | 0.09x | -3.98x | 0.59x | - |
| Book Value / Share | 12.43 | 23.58 | 17.15 | 15.24 | 11.61 | 10.74 | 10.06 | 8.21 | 7.32 | 7.03 |
| Revenue Growth | 15.74% | 188.7% | 16.05% | -22.75% | -23.86% | 10.97% | 9.36% | -11.45% | -4.5% | -0.33% |
BrightSpire Capital, Inc. (BRSP) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 28, 2026·SEC
Apr 1, 2026·SEC
Mar 18, 2026·SEC
BrightSpire Capital, Inc. (BRSP) stock FAQ — growth, dividends, profitability & financials explained
BrightSpire Capital, Inc. (BRSP) reported $334.1M in revenue for fiscal year 2025. This represents a 136% increase from $141.7M in 2016.
BrightSpire Capital, Inc. (BRSP) saw revenue decline by 4.5% over the past year.
BrightSpire Capital, Inc. (BRSP) reported a net loss of $31.6M for fiscal year 2025.
Yes, BrightSpire Capital, Inc. (BRSP) pays a dividend with a yield of 10.99%. This makes it attractive for income-focused investors.
BrightSpire Capital, Inc. (BRSP) has a return on equity (ROE) of -3.2%. Negative ROE indicates the company is unprofitable.
BrightSpire Capital, Inc. (BRSP) generated Funds From Operations (FFO) of $2.8M in the trailing twelve months. FFO is the primary profitability metric for REITs.
BrightSpire Capital, Inc. (BRSP) offers a 10.99% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
BrightSpire Capital, Inc. (BRSP) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates