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.

• Operating Expenses for Q1 2026 came in at $85.3 million, up 17.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $297.6 million (up 5.39% YoY), and the FY2025 annual result was $284.7 million, up 2.17% from the prior year.
• Operating Expenses advanced to $85.3 million in Q1 2026 per SAFE's latest filing, from $71.1 million in the prior quarter.
• Over five years, Operating Expenses peaked at $215.8 million in Q3 2023 and troughed at $37.7 million in Q1 2022.
• A 5-year average of $74.7 million and a median of $69.8 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 296.99% in 2023, then slumped 65.32% in 2024.
• A 5-year view of Operating Expenses shows it stood at $54.0 million in 2022, then grew by 27.07% to $68.6 million in 2023, then rose by 0.96% to $69.2 million in 2024, then gained by 2.64% to $71.1 million in 2025, then grew by 20.03% to $85.3 million in 2026.
• Business Quant data shows SAFE's Operating Expenses at $85.3 million in Q1 2026, $71.1 million in Q4 2025, and $71.3 million in Q3 2025.