# BrightSpire Capital, Inc.: overview

BRSP · NYSE · CIK 1717547 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/brsp.md) · [Financials](/companies/brsp/financials.md) · [Filings](/companies/brsp/filings.md) · [Insiders](/companies/brsp/insiders.md)

Latest reported revenue: [$83.5m](/filings/0001717547-26-000062.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 29, 2026 (XBRL us-gaap:Revenues, accession 0001717547-26-000062).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [88.2](/filings/0001717547-25-000083.md) | [83.5 d](/filings/0001717547-26-000008.md) | [77.6](/filings/0001717547-26-000041.md) | [85.9](/filings/0001717547-26-000062.md) | [83.9](/filings/0001717547-25-000083.md) | [83.2 d](/filings/0001717547-26-000008.md) | [85.1](/filings/0001717547-26-000041.md) | [83.5](/filings/0001717547-26-000062.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [14.4%](/filings/0001717547-25-000083.md) | [(23.7%) d](/filings/0001717547-26-000008.md) | [6.9%](/filings/0001717547-26-000041.md) | [(26.9%)](/filings/0001717547-26-000062.md) | [1.2%](/filings/0001717547-25-000083.md) | [(17.3%) d](/filings/0001717547-26-000008.md) | [5.7%](/filings/0001717547-26-000041.md) | [(21.9%)](/filings/0001717547-26-000062.md) |
| Diluted EPS | $ per share | [0.09](/filings/0001717547-25-000083.md) | not reported | [0.04](/filings/0001717547-26-000041.md) | [(0.19)](/filings/0001717547-26-000062.md) | [0.00](/filings/0001717547-25-000083.md) | not reported | [0.03](/filings/0001717547-26-000041.md) | [(0.15)](/filings/0001717547-26-000062.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [194](/filings/0001717547-24-000008.md) | [365](/filings/0001717547-25-000008.md) | [415](/filings/0001717547-26-000008.md) | [359](/filings/0001717547-26-000008.md) | [331](/filings/0001717547-26-000008.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [(52.0%)](/filings/0001717547-24-000008.md) | [12.6%](/filings/0001717547-25-000008.md) | [(3.7%)](/filings/0001717547-26-000008.md) | [(36.8%)](/filings/0001717547-26-000008.md) | [(9.4%)](/filings/0001717547-26-000008.md) |
| Diluted EPS | $ per share | [(0.79)](/filings/0001717547-24-000008.md) | [0.34](/filings/0001717547-25-000008.md) | [(0.12)](/filings/0001717547-26-000008.md) | [(1.05)](/filings/0001717547-26-000008.md) | [(0.26)](/filings/0001717547-26-000008.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/brsp/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2023-03-01 | [DigitalBridge Group, Inc.](/insiders/1679688.md) | 10% owner | Sale (S) | 34,911,944 | $6.00 | $209.5m | [Form 4](/filings/0001679688-23-000028.md) |
| 2021-08-13 | [DigitalBridge Group, Inc.](/insiders/1679688.md) | 10% owner | Sale (S) | 9,487,500 | $9.00 | $85.4m | [Form 4](/filings/0000899243-21-033268.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $58.4m | 10,724,599 |  | Reduced −219,302 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $30.0m | 5,502,132 |  | Reduced −56,792 |
| [PRIVATE MANAGEMENT GROUP INC](/funds/1142031.md) | 2026-06-30 | $26.6m | 4,877,485 |  | Added +42,258 |
| [NOMURA HOLDINGS INC](/funds/1163653.md) | 2026-06-30 | $20.9m | 3,837,109 |  | Reduced −149,954 |
| [MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.](/funds/1705339.md) | 2026-06-30 | $20.4m | 3,737,089 |  | Added +109,992 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $18.5m | 3,293,296 |  | Reduced −9,435 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $18.0m | 3,302,086 |  | Added +121,287 |
| [PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.](/funds/1238990.md) | 2026-06-30 | $13.1m | 2,395,950 |  | Added +86,176 |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $11.4m | 2,088,436 |  | Added +921,492 |
| [WATERFALL ASSET MANAGEMENT, LLC](/funds/1570717.md) | 2026-06-30 | $11.3m | 2,076,586 |  | Added +603,796 |

## Recent filings

[All 355 filings](/companies/brsp/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-28 | 16:28 ET | [10-Q](/filings/0001717547-26-000076.md) | Quarterly report, period 2026-09-30 | 0001717547-26-000076 |
| 2026-10-27 | 16:27 ET | [8-K](/filings/0001717547-26-000072.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001717547-26-000072 |
| 2026-10-21 | 16:19 ET | [8-K](/filings/0001717547-26-000068.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 8.01 Other events; 9.01 Financial statements and exhibits | 0001717547-26-000068 |
| 2026-09-29 | 16:15 ET | [SCHEDULE 13D](/filings/0000921895-26-002666.md) | Ownership report, active investor | 0000921895-26-002666 |
| 2026-09-16 | 16:14 ET | [8-K](/filings/0001717547-26-000065.md) | 2.01 Completion of an acquisition or disposition; 9.01 Financial statements and exhibits | 0001717547-26-000065 |
| 2026-07-29 | 16:05 ET | [10-Q](/filings/0001717547-26-000062.md) | Quarterly report, period 2026-06-30 | 0001717547-26-000062 |
| 2026-07-28 | 16:18 ET | [8-K](/filings/0001717547-26-000059.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001717547-26-000059 |
| 2026-06-16 | 17:11 ET | [8-K](/filings/0001717547-26-000053.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001717547-26-000053 |
| 2026-05-20 | 17:01 ET | [8-K](/filings/0001717547-26-000050.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001717547-26-000050 |
| 2026-05-13 | 17:03 ET | [8-K](/filings/0001717547-26-000044.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001717547-26-000044 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001717547-26-000008.md), filed Feb 18, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, locked when the 8-K was accepted. It is scored when the 10-Q or 10-K is ingested. [See the target](/leagues/2026q3/targets/4323fad6-fb6a-48ec-adec-f63a3465abd8)

## About the filer

- CIK: 1717547
- Tickers: BRSP
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 11:26 ET. No prices; not investment advice.