Safehold (SAFE) Cost of Revenue (2015 - 2026)
Safehold (SAFE) posted quarterly Cost of Revenue of $770000.0 for Q2 2026, down 12.6% year-over-year from $881000.0 in Q2 2025, and down 41.22% on a QoQ basis from $1.3 million in Q1 2026.
Safehold (SAFE) Cost of Revenue (2015 - 2026) Analysis & Trends
Safehold has reported Cost of Revenue for 12 years, with the latest figure at $770000.0 in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $770000.0, down 12.6% year-over-year; the trailing twelve-month figure through Jun 2026 was $4.8 million (up 15.91% YoY), and the FY2025 annual result was $4.8 million, up 12.71% from the prior year.
- Cost of Revenue slipped to $770000.0 in Q2 2026, 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 $1.0 million and a median of $1.0 million in 2024 frame the typical range for Cost of Revenue.
- The largest YoY upside for Cost of Revenue was 100.58% in 2022 against a maximum downside of 99.01% in 2022.
- A 5-year view of Cost of Revenue shows it stood at $838000.0 in 2022, then soared by 71.12% to $1.4 million in 2023, then decreased by 26.29% to $1.1 million in 2024, then increased by 25.35% to $1.3 million in 2025, then sank by 41.89% to $770000.0 in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $770000.0 in Q2 2026, $1.3 million in Q1 2026, and $1.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.92 Bn | 28.48 Bn | 1.05 Bn | 7.40 Mn |
| 2 | W. P. Carey | 16.08 Bn | 16.08 Bn | 441.59 Mn | 19.47 Mn |
| 3 | Broadstone Net Lease | 4.01 Bn | 4.00 Bn | - | - |
| 4 | Global Net Lease | 1.91 Bn | 1.76 Bn | - | - |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 770,000.00 |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | - |
| 8 | Empire State Realty Trust | 826.12 Mn | 826.12 Mn | - | - |
| 9 | CTO Realty Growth | 764.50 Mn | 764.50 Mn | 32.71 Mn | 11.13 Mn |
| 10 | JBG SMITH Properties | 729.72 Mn | 729.72 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 770,000.00 |
| Jun 30, 2026 | 770,000.00 |
| 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 |