---
schema_version: "secwatch.filing_event.v1"
accession: "0001717547-25-000080"
form_type: "8-K"
ticker: "BRSP"
cik: "0001717547"
company_name: "BrightSpire Capital, Inc."
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T01:57:34.191276+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# BrightSpire Q3 2025 GAAP net income $1.0M ($0.01/sh); Adj Dist Earnings $21.2M ($0.16/sh)

## Summary
- GAAP net income attributable to common stockholders ~$1.0M ($0.01 per share).
- Adjusted Distributable Earnings of $21.2M ($0.16 per share).
- GAAP net book value $7.53/sh, undepreciated book value $8.68/sh as of Sep 30, 2025.
- CEO cited positive net loan originations, REO sale, and reduction in watchlist exposure.

## SEC filing metadata
- accession: 0001717547-25-000080
- form_type: 8-K
- ticker: BRSP
- cik: 0001717547
- company_name: BrightSpire Capital, Inc.
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1717547/000171754725000080/0001717547-25-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717547/000171754725000080/brsp-20251028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001717547-25-000080
- JSON: https://secwatch.observer/filing/0001717547-25-000080.json
- Plain text: https://secwatch.observer/filing/0001717547-25-000080.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.