Brightspire Capital, Inc. income statement
In fiscal 2025, Brightspire Capital, Inc. reported revenue of $331m, down 7.9% on the year before and net income of −$31.1m, or −$0.26 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 158 | 189 | 501 | 589 | 291 | 194 | 365 | 415 | 359 | 331 | 339 |
| General and administrative | 15 | 13 | 27 | 32 | 27 | 50 | — | — | — | — | — |
| Interest expense | 26 | 21 | 47 | 88 | 63 | 55 | 112 | 173 | 27 | 24 | 20 |
| Net interest income | 114 | 119 | 116 | 98 | 102 | — | — | — | — | — | — |
| Provision for credit losses | 3 | 1 | 109 | 221 | 79 | −1 | 71 | 108 | 136 | 24 | 46 |
| Income before tax | 94 | 105 | −164 | −496 | −251 | 33 | 49 | −24 | −134 | −60 | 15 |
| Income tax | 2 | 2 | 37 | 3 | −11 | 6 | 2 | 1 | 1 | −22 | 0 |
| Net income | 76 | 89 | −168 | −415 | −353 | −101 | 46 | −16 | −132 | −31 | 19 |
| Diluted EPS | $1.60 | $1.86 | −$1.41 | −$3.25 | −$2.75 | −$0.79 | $0.34 | −$0.12 | −$1.05 | −$0.26 | $0.15 |
| Diluted shares (average) | 44m | 44m | 121m | 128m | 129m | 128m | 129m | 127m | 127m | 127m | 125m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 83 | 78 | 86 | 84 | 83 | 85 | 84 | 87 |
| Interest expense | −90 | 7 | 7 | 5 | 5 | 5 | 5 | 5 |
| Provision for credit losses | 20 | −0 | 1 | 8 | 15 | 2 | 14 | 15 |
| Income before tax | −21 | 4 | −47 | −1 | −16 | 3 | −20 | 47 |
| Income tax | 0 | 0 | −22 | −0 | 0 | 0 | 0 | −0 |
| Net income | −20 | 5 | −23 | 1 | −14 | 5 | −18 | 47 |
| Diluted EPS | −$0.16 | $0.04 | −$0.19 | $0.00 | −$0.12 | $0.03 | −$0.15 | $0.37 |
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