Safehold (SAFE) Accumulated Expenses (2010 - 2026)
Safehold's (SAFE) quarterly Accumulated Expenses came in at $16.4 million in Q1 2026, up 155.3% year-on-year from $6.4 million in Q1 2025, and down 84.22% on a QoQ basis from $103.7 million in Q4 2025.
Safehold (SAFE) Accumulated Expenses (2010 - 2026) Analysis & Trends
Safehold (SAFE) has 10 years of Accumulated Expenses data on file, last reported at $16.4 million in Q1 2026.
- On a quarterly basis, Accumulated Expenses rose 155.3% year-over-year to $16.4 million in Q1 2026; TTM through Mar 2026 was $16.4 million, a 155.3% increase from a year earlier, with the FY2025 full-year figure at $103.7 million, up 17.99% from the prior year.
- Accumulated Expenses for Q1 2026 stood at $16.4 million, down from $103.7 million in the prior quarter.
- Over the last five years, Accumulated Expenses for SAFE reached as high as $103.7 million in Q4 2025 and fell as low as $6.4 million in Q1 2025.
- Historically, Accumulated Expenses has averaged $42.1 million across 5 years, with a median of $24.6 million in 2022.
- Across the five-year window, Accumulated Expenses plunged 65.25% in 2023 and surged 695.57% in 2025, its largest moves.
- Year by year, Accumulated Expenses stood at $55.5 million in 2022, then plunged by 65.25% to $19.3 million in 2023, then surged by 355.89% to $87.9 million in 2024, then rose by 17.99% to $103.7 million in 2025, then tumbled by 84.22% to $16.4 million in 2026.
- Per Business Quant data, the three most recent Accumulated Expenses figures were $16.4 million in Q1 2026, $103.7 million in Q4 2025, and $98.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn |
| 10 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.36 Mn |
| Dec 31, 2025 | 103.66 Mn |
| Sep 30, 2025 | 98.56 Mn |
| Jun 30, 2025 | 103.30 Mn |
| Mar 31, 2025 | 6.41 Mn |
| Dec 31, 2024 | 87.85 Mn |
| Sep 30, 2024 | 12.39 Mn |
| Jun 30, 2024 | 82.01 Mn |
| Mar 31, 2024 | 7.41 Mn |
| Dec 31, 2023 | 19.27 Mn |
| Sep 30, 2023 | 15.13 Mn |
| Jun 30, 2023 | 10.57 Mn |
| Mar 31, 2023 | 18.79 Mn |
| Dec 31, 2022 | 55.46 Mn |
| Sep 30, 2022 | 24.58 Mn |
| Jun 30, 2022 | 27.56 Mn |
| Mar 31, 2022 | 26.05 Mn |
| Dec 31, 2021 | 31.29 Mn |
| Sep 30, 2021 | 28.94 Mn |
| Jun 30, 2021 | 33.43 Mn |