Filing Flows › BrightSpire Capital (BRSP) › Q3 2026 › vs Q2 2026
BrightSpire Capital (BRSP) Q3 2026 vs Q2 2026 (quarter over quarter)
BrightSpire Capital's revenue rose $3.8M (+5%) from $83.5M in Q2 2026 to $87.4M in Q3 2026. Operating margin 28.4% against 18.3% (+10.1 pts).
BrightSpire Capital, Q3 2026: revenue $87.4M (+4% year over year), operating margin 28.4%, net earnings $46.9M, operating cash flow $16.6M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 28.4% | 18.3% | +10.1 pts |
| Net margin | 53.7% | -21.9% | +75.7 pts |
| Free cash flow margin | 16.9% | 34.6% | -17.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $87.4M | $83.5M | $3.8M | +5% |
| Other income, net | $22.4M | −$35.5M | $57.9M | — |
| Operating profit | $24.8M | $15.3M | $9.5M | +62% |
| Costs & expenses | $62.6M | $68.2M | −$5.7M | -8% |
| Pre-tax earnings | $47.2M | −$20.2M | $67.4M | — |
| Income tax benefit | $19K | −$10K | $29K | — |
| Net earnings | $46.9M | −$18.3M | $65.3M | — |
| Minority interests | $300K | −$1.9M | $2.1M | — |
| Depreciation & amortization | $4.1M | $8.2M | −$4.1M | -50% |
| Share-based compensation | $3.6M | $3.4M | $138K | +4% |
| Working capital & other | $38.0M | −$36.1M | $74.1M | — |
| Operating cash flow | $16.6M | $29.4M | −$12.8M | -43% |
| Free cash flow (OCF − capex) | $14.7M | $28.9M | −$14.2M | -49% |
| Capital expenditures | $1.9M | $500K | $1.4M | +282% |
Questions
How much did BrightSpire Capital's revenue grow quarter over quarter in Q3 2026?
BrightSpire Capital's revenue rose $3.8M (+5%) from $83.5M in Q2 2026 to $87.4M in Q3 2026. Operating margin 28.4% against 18.3% (+10.1 pts).