BrightSpire Capital BRSP
NYSE BRSP
$4.63 -0.05 (-1.07%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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