BrightSpire Reports Q4 2025 Earnings: $14.4M Net Loss, $0.12 per Share, $168M Liquidity
ByAinvest
Thursday, Feb 19, 2026 11:16 pm ET1min read
BRSP--
BrightSpire reported Q4 2025 GAAP net loss of $14.4M, distributable earnings loss of $35.5M, and adjusted distributable earnings of $19.3M. The company had $168M in liquidity, with $98M in unrestricted cash, and reported GAAP net book value of $7.30 per share and undepreciated book value of $8.44 per share as of 12/31/2025.
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