Safehold Q3 revenue rises 23% to $118.7 million; EPS flat at $0.41
Safehold reported third-quarter 2026 revenue of $118.7 million, up 23% from $96.2 million a year earlier. GAAP net income attributable to common shareholders was $28.8 million, down 2% from $29.3 million, and earnings per share were flat at $0.41. The company attributed the flat results mainly to net accretion from fundings and new originations, offset by lower management fee revenue from Star Holdings and higher non-cash general provisions.
Key points
- Q3 2026 revenue was $118.7 million versus $96.2 million in Q3 2025, a 23% increase.
- Q3 2026 GAAP net income attributable to common shareholders was $28.8 million versus $29.3 million, a 2% decrease.
- Q3 2026 earnings per share were $0.41, unchanged from Q3 2025.
- New ground lease originations totaled $38 million in the quarter, and estimated Unrealized Capital Appreciation rose to $9.9 billion.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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