Financial insights of BRSP

MyFinsight

For the year ending 2025-12-31, BRSP made $562,795K in revenue. -$31,148K in net income. Net profit margin of -5.53%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31
Interest income	194,888
Interest expense	127,275
Net interest income	67,613
Property operating income	127,649
Other income	8,050
Total property and other income	135,699
Property operating expense	65,915
Transaction, investment and servicing expense	2,697
Interest expense on real estate	23,707
Depreciation and amortization	36,336
Increase of current expected credit loss reserve	24,001
Impairment of operating real estate	61,620
Compensation and benefits (including 12,836, 11,649 and 14,056 of equity-based compensation expense, respectively)	34,986
Operating expense	12,067
Total expenses	261,329
Other gain (loss), net	-2,252
Loss before equity in earnings of unconsolidated ventures and income taxes	-60,269
Equity in earnings of unconsolidated ventures	0
Income tax benefit (expense)	-21,501
Net income (loss)	-38,768
Net loss attributable to noncontrolling interests in investment entities	-7,620
Net loss attributable to brightspire capital, inc. common stockholders	-31,148

Net loss per common share - basic (in dollars per share)	-0.26
Net loss per common share - diluted (in dollars per share)	-0.26
Weighted average shares of common stock outstanding - basic (in shares)	126,883,000
Weighted average shares of common stock outstanding - diluted (in shares)	126,883,000