Safehold Inc. $(SAFE)$ reported fourth quarter (Q4 2025) revenue of USD 97.9 million and full year (FY 2025) revenue of USD 385.6 million. Net income attributable to common shareholders for Q4 2025 was USD 27.88 million, or USD 30.10 million excluding non-recurring losses. For FY 2025, net income attributable to common shareholders was USD 114.47 million, or USD 118.64 million excluding non-recurring losses. Earnings per share $(EPS)$ for Q4 2025 was USD 0.39, or USD 0.42 excluding non-recurring losses. For FY 2025, EPS was USD 1.59, or USD 1.65 excluding non-recurring losses. Safehold reported that Estimated Unrealized Capital Appreciation increased to USD 9.3 billion during the period. The company published a detailed presentation of these results on its website in the Investors section, and a replay of the earnings call is also available.
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