Filing Flows › BrightSpire Capital (BRSP) › Q2 2026 › vs Q1 2026
BrightSpire Capital (BRSP) Q2 2026 vs Q1 2026 (quarter over quarter)
BrightSpire Capital's revenue fell $1.6M (-2%) from $85.1M in Q1 2026 to $83.5M in Q2 2026.
BrightSpire Capital, Q2 2026: revenue $83.5M (-3% year over year), operating margin 18.3%, net loss $20.2M, operating cash flow $29.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 34.6% | 10.9% | +23.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $83.5M | $85.1M | −$1.6M | -2% |
| Net loss | $20.2M | −$3.1M | $23.3M | — |
| Costs & expenses | $104M | $85.1M | $18.6M | +22% |
| Operating costs | $68.2M | $48.5M | $19.7M | +41% |
| Interest & other, net | $35.5M | $33.4M | $2.1M | +6% |
| Income tax | $10K | $94K | −$84K | -89% |
| Operating cash sources | $49.6M | $7.8M | $41.8M | +535% |
| Depreciation & amortization | $8.2M | $8.6M | −$440K | -5% |
| Share-based compensation | $3.4M | $2.9M | $525K | +18% |
| Working capital & other | $38.0M | −$3.7M | $41.7M | — |
| Net loss absorbed | $20.2M | −$3.1M | $23.3M | — |
| Operating cash flow | $29.4M | $10.9M | $18.5M | +169% |
| Free cash flow (OCF − capex) | $28.9M | $9.3M | $19.6M | +211% |
| Capital expenditures | $500K | $1.6M | −$1.1M | -69% |
Questions
How much did BrightSpire Capital's revenue grow quarter over quarter in Q2 2026?
BrightSpire Capital's revenue fell $1.6M (-2%) from $85.1M in Q1 2026 to $83.5M in Q2 2026.