Safehold Q3 GAAP EPS rises to $0.41 from $0.27; revenue up 6% to $96.2 million
Safehold reported results for the quarter ended September 30, 2025, with revenue up 6% to $96.2 million and GAAP net income attributable to common shareholders up to $29.3 million, or $0.41 per share, from $19.3 million, or $0.27 per share, a year earlier. The prior-year quarter included a $6.8 million general provision for credit losses, and excluding non-recurring gains and losses, EPS rose 12% to $0.41 from $0.37, which shows the gain was not only due to that comparison.
Key points
- Q3 2025 revenue $96.2 million, up 6% from $90.7 million in Q3 2024; nine-month revenue $287.7 million, up 5%
- Q3 2025 GAAP EPS $0.41 versus $0.27; EPS excluding non-recurring gains and losses $0.41 versus $0.37
- Four new ground leases totaling $42 million originated in Q3 2025; cash and credit facility availability $1.13 billion at September 30, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.