Safehold (SAFE) Cost of Revenue (2015 - 2026)
Safehold (SAFE) reported Cost of Revenue of $1.3 million for Q1 2026, up 13.13% year-over-year from $1.2 million in Q1 2025, and down 1.13% quarter-over-quarter 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.
- Cost of Revenue for Q1 2026 came in at $1.3 million, up 13.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.9 million (up 14.18% YoY), and the FY2025 annual result was $4.8 million, up 12.71% from the prior year.
- Cost of Revenue eased to $1.3 million in Q1 2026 per SAFE's latest filing, from $1.3 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $1.4 million in Q4 2023 and troughed at $699000.0 in Q2 2022.
- A 5-year average of $1.1 million and a median of $1.0 million in 2024 frame the typical range for Cost of Revenue.
- On a YoY basis, Cost of Revenue climbed as much as 5725.0% in 2022 and fell as far as 81.39% in 2022.
- A 5-year view of Cost of Revenue shows it stood at $838000.0 in 2022, then surged by 71.12% to $1.4 million in 2023, then retreated by 26.29% to $1.1 million in 2024, then grew by 25.35% to $1.3 million in 2025, then decreased by 1.13% to $1.3 million in 2026.
- Business Quant data shows SAFE's Cost of Revenue at $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 | 30.43 Bn | 29.95 Bn | 1.01 Bn | 6.47 Mn |
| 2 | Broadstone Net Lease | 4.04 Bn | 4.13 Bn | - | - |
| 3 | American Assets Trust | 1.49 Bn | 1.43 Bn | - | - |
| 4 | Safehold | 1.13 Bn | 1.15 Bn | 109.54 Mn | 1.31 Mn |
| 5 | Empire State Realty Trust | 951.50 Mn | 1.68 Bn | - | - |
| 6 | JBG SMITH Properties | 866.01 Mn | 1.36 Bn | - | - |
| 7 | CTO Realty Growth | 684.69 Mn | 684.69 Mn | 31.01 Mn | 10.17 Mn |
| 8 | Gladstone Commercial | 616.95 Mn | 786.99 Mn | - | - |
| 9 | AH Realty Trust | 547.70 Mn | 730.03 Mn | - | - |
| 10 | One Liberty Properties | 519.61 Mn | 499.35 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 |