Safehold Q1 revenue rises 13% to $110.9 million; EPS slips to $0.40
Safehold reported first-quarter 2026 revenue of $110.9 million, up 13% from $97.7 million a year earlier. GAAP net income attributable to common shareholders fell 2% to $28.9 million, and earnings per share fell from $0.41 to $0.40, because the company cited a net impact from the Park Hotels portfolio and a lower management fee. The filing gives no guidance.
Key points
- Q1 2026 revenue was $110.9 million, up 13% from $97.7 million in Q1 2025.
- GAAP net income attributable to common shareholders was $28.9 million, down 2% from $29.4 million; EPS was $0.40 versus $0.41.
- Excluding non-recurring losses in the prior-year quarter, EPS was $0.40 versus $0.44, down 8%.
- Q1 2026 originations totaled $68 million, and estimated unrealized capital appreciation rose to $9.5 billion.
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing 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 April 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.