Safehold (SAFE) Operating Expenses (2010 - 2026)

Safehold (SAFE) has 17 years of Operating Expenses data on file, last reported at $85.3 million in Q1 2026.

• On a quarterly basis, Operating Expenses rose 17.87% year-over-year to $85.3 million in Q1 2026; TTM through Mar 2026 was $297.6 million, a 5.39% increase from a year earlier, with the FY2025 full-year figure at $284.7 million, up 2.17% from the prior year.
• Operating Expenses for Q1 2026 stood at $85.3 million, up from $71.1 million in the prior quarter.
• Over the last five years, Operating Expenses for SAFE reached as high as $215.8 million in Q3 2023 and fell as low as $37.7 million in Q1 2022.
• Historically, Operating Expenses has averaged $74.7 million across 5 years, with a median of $69.8 million in 2023.
• Across the five-year window, Operating Expenses soared 296.99% in 2023 and plunged 65.32% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $54.0 million in 2022, then gained by 27.07% to $68.6 million in 2023, then climbed by 0.96% to $69.2 million in 2024, then grew by 2.64% to $71.1 million in 2025, then gained by 20.03% to $85.3 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $85.3 million in Q1 2026, $71.1 million in Q4 2025, and $71.3 million in Q3 2025.