Stocks Real estate BRSP
NYSE · Real estateBrightSpire Capital, Inc. (BRSP)
BrightSpire Capital, Inc. brought in $339.2M of revenue over the twelve months to September 30, 2026, up 2.5% from a year earlier. Net income was $19.1M, a net margin of 5.6%. Operating cash flow minus capital spending left $55.1M of free cash flow in fiscal 2025. At September 30, 2026 it held $63.6M in cash against $2.6B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 28, 2026.
Key facts about BrightSpire Capital, Inc.
- Net worth
- BrightSpire Capital, Inc. has a market value (market cap) of $426.4M at the latest share price, and shareholders' equity of $883.1M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $330.6M (-7.9% year on year), with a net loss of $31.1M. Over the 12 months to September 30, 2026: revenue $339.2M, net income $19.1M.
- Cash flow
- In fiscal 2025 operations brought in $73M of cash; after $17.9M of capital spending, free cash flow was $55.1M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 28, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- BrightSpire Capital, Inc.'s next report is expected around February 16, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- BrightSpire Capital, Inc. declared dividends of $0.64 per share in fiscal 2025, a yield of 18.99% at the current price.
What BrightSpire Capital, Inc. does
BrightSpire Capital, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker BRSP.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $330.6M | -$31.1M | -$0.26 | $55.1M |
| 2024 | $358.8M | -$132M | -$1.05 | $97.3M |
| 2023 | $415.1M | -$15.5M | -$0.12 | $130.6M |
| 2022 | $364.6M | $45.8M | $0.34 | $121.3M |
| 2021 | $194.3M | -$101M | -$0.79 | -$31.2M |
| 2020 | $291M | -$353.3M | -$2.75 | $73.1M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where BRSP ranks in Real estate
Dividends
BrightSpire Capital, Inc. declared $0.64 per share in fiscal 2025. At the current price that is a yield of 18.99%. It paid out $83M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.64 | $83M | n/a |
| 2024 | $0.72 | $99.1M | n/a |
| 2023 | $0.80 | $104M | n/a |
| 2022 | $0.79 | $99.4M | 217% |
| 2021 | $0.58 | $51.9M | n/a |
| 2020 | $0.30 | $51.7M | n/a |
Latest SEC filings
What BrightSpire Capital, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Passive stake (5% or more) SCHEDULE 13G
- October 30, 2026Passive stake (5% or more) SCHEDULE 13G
- October 28, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 4.1% to $87.4M versus the same quarter last year; diluted EPS $0.37 versus $0.00.
- October 27, 2026
- October 21, 2026
- September 29, 2026Activist stake (5% or more) SCHEDULE 13D
- September 16, 2026Acquisition or sale completed8-KBrightSpire Capital completed the sale of its Net Lease 1 Investment for $300.0 million.
- August 17, 2026Passive stake changed SCHEDULE 13G/A
- August 14, 2026Passive stake changed SCHEDULE 13G/A
- August 14, 2026Passive stake changed SCHEDULE 13G/A
What is BRSP worth? A DCF from its reported cash flow
Insider trades
What the people running BrightSpire Capital, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| May 20, 2026 | Rice CatherineDirector | Received as pay | 22,085 | - |
| May 20, 2026 | Schwartz Vernon BDirector | Received as pay | 22,085 | - |
| May 20, 2026 | Long Catherine F.Director | Received as pay | 22,085 | - |
| May 20, 2026 | Diamond Kim SDirector | Received as pay | 22,085 | - |
| April 9, 2026 | Mazzei MichaelCEO, Director | Other change | 10,143 | - |
| March 16, 2026 | Saracino Frank VSee Remarks | Received as pay | 85,741 | - |
| March 16, 2026 | Saracino Frank VSee Remarks | Received as pay | 75,657 | - |
| March 16, 2026 | Saracino Frank VSee Remarks | Shares withheld for tax | 80,423 | $445.5K |
Who owns BRSP
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| CWRE SSF Securities Holding, LP13D, may seek influence with 3 related filers | 8.7% | September 29, 2026 |
| Private Management Group Inc13G, passive | 5.1% | November 9, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 230 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 10,724,599 | -219,302 |
| Vanguard Capital Management LLC | 5,502,132 | -56,792 |
| Private Management Group Inc | 4,877,485 | +42,258 |
| Nomura Holdings Inc | 3,837,109 | -149,954 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 3,737,089 | +109,992 |
| State Street Corp | 3,293,296 | -9,435 |
| Geode Capital Management, LLC | 3,302,086 | +121,287 |
| Punch & Associates Investment Management, Inc. | 2,395,950 | +86,176 |
| Millennium Management LLC | 2,088,436 | +921,492 |
| Waterfall Asset Management, LLC | 2,076,586 | +603,796 |
| Goldman Sachs Group Inc | 2,050,340 | -585,256 |
| Nut Tree Capital Management, LP | 1,937,826 | -9,056,120 |
| Charles Schwab Investment Management Inc | 1,743,881 | -334,589 |
| Federated Hermes, Inc. | 1,583,821 | +45,195 |
| Two Sigma Investments, LP | 1,546,918 | +328,627 |
| Jpmorgan Chase & Co | 1,450,079 | +346,795 |
| Greenland Capital Management LP | 1,455,000 | -60,000 |
| Morgan Stanley | 1,298,409 | -122,607 |
| Hotchkis & Wiley Capital Management LLC | 1,240,330 | +14,160 |
| Van Eck Associates Corp | 1,195,175 | -74,010 |
Insiders
8 insiders reported holding 3,623,384 shares in total, about $12.2M at the last price.
| Holder | Shares |
|---|---|
| Mazzei MichaelCEO, Director | 1,510,764 |
| Witt Andrew ElmoreSee Remarks | 712,076 |
| Palame David ASee Remarks | 479,487 |
| Saracino Frank VSee Remarks | 455,543 |
| Rice CatherineDirector | 140,367 |
| Schwartz Vernon BDirector | 139,580 |
| Diamond Kim SDirector | 93,357 |
| Long Catherine F.Director | 92,210 |
Questions about BRSP
What does BrightSpire Capital, Inc. do?
BrightSpire Capital, Inc. is a company in the Real estate sector, listed on NYSE as BRSP. Its shares trade on NYSE under the ticker BRSP.
What is BrightSpire Capital, Inc.'s net worth?
BrightSpire Capital, Inc. has a market value (market cap) of $426.4M at the latest share price, and shareholders' equity of $883.1M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is BrightSpire Capital, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $19.1M on revenue of $339.2M, a net margin of 5.6%.
How much revenue does BrightSpire Capital, Inc. make?
Over the twelve months to September 30, 2026 BrightSpire Capital, Inc. reported revenue of $339.2M. That is 2.5% more than a year earlier.
When did BrightSpire Capital, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 28, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the passive stake (5% or more) from November 9, 2026.
When is BrightSpire Capital, Inc.'s next earnings report?
BrightSpire Capital, Inc.'s next report is expected around February 16, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does BrightSpire Capital, Inc. pay a dividend?
Yes. BrightSpire Capital, Inc. declared dividends of $0.64 per share in fiscal 2025, a yield of 18.99% at the current price.
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Where the numbers come from
Financial figures are the values BrightSpire Capital, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.