BrightSpire Capital (BRSP) Operating Expenses (2017 - 2026)
BrightSpire Capital's (BRSP) quarterly Operating Expenses came in at $68.2 million in Q2 2026, down 29.98% year-over-year from $97.5 million in Q2 2025, and up 40.64% quarter-over-quarter from $48.5 million in Q1 2026.
Analysis
BrightSpire Capital (BRSP) Operating Expenses (2017 - 2026) Analysis & Trends
BrightSpire Capital (BRSP) has reported Operating Expenses for 10 consecutive years, with $68.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 29.98% year-over-year to $68.2 million in Q2 2026; TTM through Jun 2026 was $239.5 million, a 1.7% decrease from a year earlier, with the FY2025 full-year figure at $261.3 million, down 23.04% from the prior year.
- Operating Expenses was $68.2 million for Q2 2026 at BrightSpire Capital, up from $48.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $121.7 million in Q2 2024 and troughed at $35.7 million in Q1 2022.
- A 5-year average of $65.7 million and a median of $65.0 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses sank 77.8% in 2022 and surged 101.88% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $53.5 million in 2022, then jumped by 42.05% to $76.0 million in 2023, then fell by 11.27% to $67.4 million in 2024, then advanced by 1.19% to $68.2 million in 2025, then gained by 0.07% to $68.2 million in 2026.
- The last three Operating Expenses figures came in at $68.2 million (Q2 2026), $48.5 million (Q1 2026), and $68.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 71.74 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 30.00 Mn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 524.77 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 1.28 Bn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 16.21 Mn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 51.40 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 111.00 Mn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 17.16 Mn |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 76.02 Mn |
| 10 | BrightSpire Capital | 586.03 Mn | 484.47 Mn | - | 68.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.25 Mn |
| Mar 31, 2026 | 48.53 Mn |
| Dec 31, 2025 | 68.20 Mn |
| Sep 30, 2025 | 54.55 Mn |
| Jun 30, 2025 | 97.46 Mn |
| Mar 31, 2025 | 41.12 Mn |
| Dec 31, 2024 | 67.40 Mn |
| Sep 30, 2024 | 37.66 Mn |
| Jun 30, 2024 | 121.70 Mn |
| Mar 31, 2024 | 112.82 Mn |
| Dec 31, 2023 | 75.96 Mn |
| Sep 30, 2023 | 46.32 Mn |
| Jun 30, 2023 | 62.58 Mn |
| Mar 31, 2023 | 72.08 Mn |
| Dec 31, 2022 | 53.47 Mn |
| Sep 30, 2022 | 75.03 Mn |
| Jun 30, 2022 | 44.57 Mn |
| Mar 31, 2022 | 35.71 Mn |
| Dec 31, 2021 | 29.53 Mn |
| Sep 30, 2021 | 37.75 Mn |