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
DateValue
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