Safehold (SAFE) Cost of Revenue (2015 - 2026)
Safehold's (SAFE) quarterly Cost of Revenue came in at $1.3 million in Q1 2026, up 13.13% year-on-year from $1.2 million in Q1 2025, and down 1.13% on a QoQ basis from $1.3 million in Q4 2025.
Safehold (SAFE) Cost of Revenue (2015 - 2026) Analysis & Trends
Safehold (SAFE) has 12 years of Cost of Revenue data on file, last reported at $1.3 million in Q1 2026.
- On a quarterly basis, Cost of Revenue rose 13.13% year-over-year to $1.3 million in Q1 2026; TTM through Mar 2026 was $4.9 million, a 14.18% increase from a year earlier, with the FY2025 full-year figure at $4.8 million, up 12.71% from the prior year.
- Cost of Revenue for Q1 2026 stood at $1.3 million, down from $1.3 million in the prior quarter.
- Over the last five years, Cost of Revenue for SAFE reached as high as $1.4 million in Q4 2023 and fell as low as $699000.0 in Q2 2022.
- Historically, Cost of Revenue has averaged $1.1 million across 5 years, with a median of $1.0 million in 2024.
- On a YoY basis, Cost of Revenue climbed as much as 5725.0% in 2022 and fell as far as 81.39% in 2022.
- Year by year, Cost of Revenue stood at $838000.0 in 2022, then surged by 71.12% to $1.4 million in 2023, then dropped by 26.29% to $1.1 million in 2024, then gained by 25.35% to $1.3 million in 2025, then declined by 1.13% to $1.3 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $1.3 million in Q1 2026, $1.3 million in Q4 2025, and $1.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.61 Bn | 28.13 Bn | 1.01 Bn | 6.47 Mn |
| 2 | W. P. Carey | 16.83 Bn | 16.83 Bn | 434.82 Mn | 19.69 Mn |
| 3 | Broadstone Net Lease | 4.28 Bn | 4.26 Bn | - | - |
| 4 | Global Net Lease | 1.90 Bn | 1.77 Bn | - | - |
| 5 | American Assets Trust | 1.48 Bn | 1.48 Bn | - | - |
| 6 | Safehold | 1.20 Bn | -2.43 Bn | 109.54 Mn | 1.31 Mn |
| 7 | Empire State Realty Trust | 960.04 Mn | 960.04 Mn | - | - |
| 8 | Cim | 917.30 Mn | 735.54 Mn | - | - |
| 9 | JBG SMITH Properties | 842.68 Mn | 842.68 Mn | - | - |
| 10 | CTO Realty Growth | 720.62 Mn | 720.62 Mn | 31.01 Mn | 10.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.31 Mn |
| Mar 31, 2026 | 1.31 Mn |
| Dec 31, 2025 | 1.33 Mn |
| Dec 31, 2025 | 1.33 Mn |
| Sep 30, 2025 | 1.40 Mn |
| Sep 30, 2025 | 1.40 Mn |
| Jun 30, 2025 | 881,000.00 |
| Jun 30, 2025 | 881,000.00 |
| Mar 31, 2025 | 1.16 Mn |
| Mar 31, 2025 | 1.16 Mn |
| Dec 31, 2024 | 1.06 Mn |
| Dec 31, 2024 | 1.06 Mn |
| Sep 30, 2024 | 1.05 Mn |
| Sep 30, 2024 | 1.05 Mn |
| Jun 30, 2024 | 1.04 Mn |
| Jun 30, 2024 | 1.04 Mn |
| Mar 31, 2024 | 1.08 Mn |
| Mar 31, 2024 | 1.08 Mn |
| Dec 31, 2023 | 1.43 Mn |
| Dec 31, 2023 | 1.43 Mn |