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Hines Global Income Trust vs Safehold: HGIT and SAFE compared
Hines Global Income Trust is the larger company: $130M of revenue in its latest quarter (Q2 2026) against $119M for Safehold (Q3 2026). Hines Global Income Trust is growing faster (+28% against +23% a year earlier). Safehold is more profitable, with an operating margin of 24.7% against 5.1%.
Where the money goes: HGIT and SAFE
Hines Global Income Trust (HGIT) · Q2 2026
Hines Global Income Trust, Q2 2026: revenue $130M (+28% year over year), operating margin 5.1%, net loss $9.5M, operating cash flow $33.4M. The chart follows the revenue to costs, profit and cash.
Safehold (SAFE) · Q3 2026
Safehold, Q3 2026: revenue $119M (+23% year over year), operating margin 24.7%, net earnings $28.8M, operating cash flow $5.5M. The chart follows the revenue to costs, profit and cash.
| Hines Global Income Trust (HGIT) | Safehold (SAFE) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $130M | $119M |
| Revenue growth, Y/Y | +28% | +23% |
| Operating margin | 5.1% | 24.7% |
| Net earnings | −$9.5M | $28.8M |
| Net margin | -7.3% | 24.3% |
| Operating cash flow | $33.4M | $5.5M |
| Free cash flow | $22.7M | — |
Where the revenue comes from
Hines Global Income Trust
- Residential/Living Investments: $39.0M (30%)
- Industrial Investments: $34.7M (27%)
- Office Real Estate Investments: $23.9M (18%)
- Retail Investments: $23.8M (18%)
Safehold
- Ground Leases: $101M (85%)
- Hotel Operations: $18.0M (15%)
Questions
Which is bigger, Hines Global Income Trust or Safehold?
Hines Global Income Trust is the larger company: $130M of revenue in its latest quarter (Q2 2026) against $119M for Safehold (Q3 2026).
Is Hines Global Income Trust or Safehold growing faster?
Hines Global Income Trust is growing faster (+28% against +23% a year earlier).
Which is more profitable, Hines Global Income Trust or Safehold?
Safehold is more profitable, with an operating margin of 24.7% against 5.1%.
More: Hines Global Income Trust earnings · how Hines Global Income Trust makes money · Safehold earnings · how Safehold makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 14, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.