BrightSpire Capital (BRSP) Accumulated Expenses (2017 - 2026)
BrightSpire Capital's Accumulated Expenses was $54.53 million in Q2 2026, down 20.3% from $68.45 million a year earlier and down 10.1% from the prior quarter.
BrightSpire Capital (BRSP) Accumulated Expenses (2017 - 2026) Analysis & Trends
At the end of FY2025, Accumulated Expenses at BrightSpire Capital came in at $64.1 million, down 22.4% from FY2024.
- Accumulated Expenses has now declined for four consecutive years, with a five-year compound annual growth rate of -7.9% (FY2020 to FY2025).
- In earlier years, Accumulated Expenses was $82.63 million in FY2024 (-3.4%), $85.5 million in FY2023 (-2.4%), $87.63 million in FY2022 (-12.2%) and $99.81 million in FY2021 (+3.4%).
- The Q2 2026 figure marks the lowest quarterly Accumulated Expenses since Q2 2018.
- Compared with a year earlier, Accumulated Expenses has declined for five straight quarters, with an average decline of 12.4% over the last eight quarters.
- The best year-over-year quarter for Accumulated Expenses over five years was Q4 2021 (growth of 3.4%); the worst was Q1 2026 (a decline of 26.1%).
- Per Business Quant data, BRSP's Accumulated Expenses in the three quarters before Q2 2026 was $60.62 million (Q1 2026), $64.1 million (Q4 2025) and $68.19 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | BrightSpire Capital | 484.59 Mn | 139.70 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.53 Mn |
| Mar 31, 2026 | 60.62 Mn |
| Dec 31, 2025 | 64.10 Mn |
| Sep 30, 2025 | 68.19 Mn |
| Jun 30, 2025 | 68.45 Mn |
| Mar 31, 2025 | 82.02 Mn |
| Dec 31, 2024 | 82.63 Mn |
| Sep 30, 2024 | 83.23 Mn |
| Jun 30, 2024 | 77.07 Mn |
| Mar 31, 2024 | 80.83 Mn |
| Dec 31, 2023 | 85.50 Mn |
| Sep 30, 2023 | 82.46 Mn |
| Jun 30, 2023 | 79.30 Mn |
| Mar 31, 2023 | 84.26 Mn |
| Dec 31, 2022 | 87.63 Mn |
| Sep 30, 2022 | 90.94 Mn |
| Jun 30, 2022 | 86.49 Mn |
| Mar 31, 2022 | 103.93 Mn |
| Dec 31, 2021 | 99.81 Mn |
| Sep 30, 2021 | 92.34 Mn |
BrightSpire Capital Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=BRSP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "BRSP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=BRSP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();