# Safehold Inc.: overview

SAFE · NYSE · CIK 1095651 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

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

Latest reported revenue: [$114.6m](/filings/0001095651-26-000025.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 31, 2026 (XBRL us-gaap:Revenues, accession 0001095651-26-000025).

## 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 | [90.7](/filings/0001095651-25-000030.md) | [91.9 d](/filings/0001095651-26-000010.md) | [97.7](/filings/0001095651-26-000017.md) | [93.8](/filings/0001095651-26-000025.md) | [96.2](/filings/0001095651-25-000030.md) | [97.9 d](/filings/0001095651-26-000010.md) | [111](/filings/0001095651-26-000017.md) | [115](/filings/0001095651-26-000025.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [17.5%](/filings/0001095651-25-000030.md) | [24.6% d](/filings/0001095651-26-000010.md) | [25.9%](/filings/0001095651-26-000017.md) | [25.5%](/filings/0001095651-26-000025.md) | [25.9%](/filings/0001095651-25-000030.md) | [27.4% d](/filings/0001095651-26-000010.md) | [23.0%](/filings/0001095651-26-000017.md) | [24.6%](/filings/0001095651-26-000025.md) |
| Net margin | % | [21.3%](/filings/0001095651-25-000030.md) | [28.3% d](/filings/0001095651-26-000010.md) | [30.1%](/filings/0001095651-26-000017.md) | [29.8%](/filings/0001095651-26-000025.md) | [30.5%](/filings/0001095651-25-000030.md) | [28.5% d](/filings/0001095651-26-000010.md) | [26.0%](/filings/0001095651-26-000017.md) | [26.3%](/filings/0001095651-26-000025.md) |
| Diluted EPS | $ per share | [0.27](/filings/0001095651-25-000030.md) | not reported | [0.41](/filings/0001095651-26-000017.md) | [0.39](/filings/0001095651-26-000025.md) | [0.41](/filings/0001095651-25-000030.md) | not reported | [0.40](/filings/0001095651-26-000017.md) | [0.42](/filings/0001095651-26-000025.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 Operating income: us-gaap:OperatingIncomeLoss; 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 | [187](/filings/0001095651-24-000009.md) | [270](/filings/0001095651-25-000006.md) | [353](/filings/0001095651-26-000010.md) | [366](/filings/0001095651-26-000010.md) | [386](/filings/0001095651-26-000010.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [35.0%](/filings/0001095651-24-000009.md) | [50.2%](/filings/0001095651-25-000006.md) | [(21.9%)](/filings/0001095651-26-000010.md) | [23.8%](/filings/0001095651-26-000010.md) | [26.2%](/filings/0001095651-26-000010.md) |
| Net margin | % | [39.1%](/filings/0001095651-24-000009.md) | [50.1%](/filings/0001095651-25-000006.md) | [(15.6%)](/filings/0001095651-26-000010.md) | [28.9%](/filings/0001095651-26-000010.md) | [29.7%](/filings/0001095651-26-000010.md) |
| Diluted EPS | $ per share | [1.32](/filings/0001095651-24-000009.md) | [2.17](/filings/0001095651-25-000006.md) | [(0.82)](/filings/0001095651-26-000010.md) | [1.48](/filings/0001095651-26-000010.md) | [1.59](/filings/0001095651-26-000010.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 Operating income: us-gaap:OperatingIncomeLoss; 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/safe/insiders.md)

None in coverage.

## 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 | $156.0m | 9,938,575 |  | Added +200,628 |
| [MSD CAPITAL, L.P.](/funds/1105497.md) | 2026-06-30 | $90.8m | 5,782,745 |  | Unchanged |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $80.0m | 5,095,645 |  | Added +99,625 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $41.2m | 2,596,198 |  | Reduced −10,975 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $36.1m | 2,300,293 |  | Added +33,087 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $23.1m | 1,469,703 |  | Added +114,441 |
| [AMERIPRISE FINANCIAL INC](/funds/820027.md) | 2026-06-30 | $18.0m | 1,143,866 |  | Added +135,490 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $14.0m | 861,555 |  | Added +46,710 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $13.2m | 843,064 |  | Added +44,894 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $12.5m | 793,269 |  | Reduced −63,669 |

## Recent filings

[All 1,255 filings](/companies/safe/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-02 | 20:26 ET | [8-K](/filings/0001104659-26-113313.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-113313 |
| 2026-08-03 | 12:48 ET | [8-K](/filings/0001095651-26-000028.md) | 8.01 Other events | 0001095651-26-000028 |
| 2026-07-31 | 11:25 ET | [10-Q](/filings/0001095651-26-000025.md) | Quarterly report, period 2026-06-30 | 0001095651-26-000025 |
| 2026-07-30 | 20:16 ET | [8-K](/filings/0001095651-26-000024.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001095651-26-000024 |
| 2026-07-30 | 20:13 ET | [8-K](/filings/0001095651-26-000022.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001095651-26-000022 |
| 2026-06-16 | 20:40 ET | [8-K](/filings/0001104659-26-074611.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-074611 |
| 2026-06-12 | 11:00 ET | [8-K](/filings/0001104659-26-073173.md) | 8.01 Other events | 0001104659-26-073173 |
| 2026-05-15 | 20:16 ET | [8-K](/filings/0001104659-26-062569.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001104659-26-062569 |
| 2026-05-01 | 11:18 ET | [10-Q](/filings/0001095651-26-000017.md) | Quarterly report, period 2026-03-31 | 0001095651-26-000017 |
| 2026-04-30 | 20:10 ET | [8-K](/filings/0001095651-26-000015.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001095651-26-000015 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001095651-26-000010.md), filed Feb 12, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/a0146b8d-3f4b-470c-86a5-1159b2926fe4)

## About the filer

- CIK: 1095651
- Tickers: SAFE
- 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 24, 2026, 15:33 ET. No prices; not investment advice.