Safehold Inc. (SAFE) — Financial statements
Income statement, balance sheet, and cash flow for Safehold Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 386↑5.4% | 366↑3.7% | 353↑30.4% | 270↑44.5% | 187 | |
| Cost of Revenue | 22↑417.4% | 4↓9.2% | 5↑49.6% | 3↑16.8% | 3 | |
| Gross Profit | 364↑0.6% | 361↑3.9% | 348↑30.2% | 267↑44.9% | 184 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 55↓16.1% | 65↑69.5% | 39↑34.3% | 29 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00↓100.0% | 55↓16.1% | 65↑69.5% | 39↑34.3% | 29 | |
| Other Expenses | 56↓74.4% | 219↓39.0% | 360↑286.8% | 93↑3.1% | 90 | |
| Operating Expenses | 56↓79.5% | 274↓35.4% | 425↑223.0% | 132↑10.7% | 119 | |
| Total Costs & Expenses | 78↓72.0% | 279↓35.2% | 430↑219.0% | 135↑10.8% | 122 | |
| Operating Results | ||||||
| Operating Income | 308↑253.2% | 87↑213.0% | -77↓156.8% | 136↑107.2% | 65 | |
| Depreciation & Amortization | 9↓30.3% | 12↑0.1% | 12↑2.7% | 12↓0.6% | 12 | |
| EBITDA | 333↑3.9% | 320↑128.2% | 140↓50.8% | 286↑73.0% | 165 | |
| EBIT | 324↑5.2% | 308↑140.4% | 128↓53.2% | 274↑78.8% | 153 | |
| Interest & Other Income | ||||||
| Net Interest Income | 91↑145.8% | -198↓9.4% | -181↓40.4% | -129↓61.8% | -80 | |
| Interest Income | 297 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 207↑4.4% | 198↑9.4% | 181↑40.4% | 129↑61.8% | 80 | |
| Non-Operating Income | -17↑92.5% | -221↓7.7% | -205↓48.7% | -138↓57.6% | -88 | |
| Other Income / Expenses | -190↓927.0% | 23↓5.2% | 24↑167.6% | 9↑14.7% | 8 | |
| Income Before Tax | 118↑6.8% | 110↑308.3% | -53↓136.5% | 145↑97.2% | 73 | |
| Income Tax Expense | 3↓14.9% | 3↑100.4% | 2 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 115↑7.5% | 107↑295.4% | -55↓137.7% | 145↑97.2% | 73 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 114↑8.2% | 106↑292.4% | -55↓140.6% | 135↑85.2% | 73 | |
| Bottom-Line Net Income | 114↑8.2% | 106↑292.4% | -55↓140.6% | 135↑85.2% | 73 | |
| EPS (Basic) | 1.60↑8.1% | 1.48↑280.5% | -0.82↓137.8% | 2.17↑64.4% | 1.32 | |
| EPS (Diluted) | 1.59↑7.4% | 1.48↑280.5% | -0.82↓137.8% | 2.17↑64.4% | 1.32 | |
| Weighted Average Shares | 72↑0.5% | 71↑7.0% | 67↑6.0% | 63↑12.1% | 56 | |
| Weighted Average Diluted Shares | 72↑0.5% | 71↑7.1% | 67↑6.0% | 63↑12.0% | 56 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.