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
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