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Side-by-side financial comparison of Eventbrite, Inc. (EB) and Safehold Inc. (SAFE). Click either name above to swap in a different company.

Safehold Inc. is the larger business by last-quarter revenue ($97.9M vs $73.5M, roughly 1.3× Eventbrite, Inc.). Safehold Inc. runs the higher net margin — 28.5% vs -11.1%, a 39.6% gap on every dollar of revenue. On growth, Safehold Inc. posted the faster year-over-year revenue change (6.5% vs -3.9%). Over the past eight quarters, Safehold Inc.'s revenue compounded faster (2.5% CAGR vs -7.7%).

Eventbrite is an American live events marketplace and website. The service allows users to browse, create, and promote local events. It is free to publish unlimited events of any size on Eventbrite.

SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.

EB vs SAFE — Head-to-Head

Bigger by revenue
SAFE
SAFE
1.3× larger
SAFE
$97.9M
$73.5M
EB
Growing faster (revenue YoY)
SAFE
SAFE
+10.4% gap
SAFE
6.5%
-3.9%
EB
Higher net margin
SAFE
SAFE
39.6% more per $
SAFE
28.5%
-11.1%
EB
Faster 2-yr revenue CAGR
SAFE
SAFE
Annualised
SAFE
2.5%
-7.7%
EB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EB
EB
SAFE
SAFE
Revenue
$73.5M
$97.9M
Net Profit
$-8.2M
$27.9M
Gross Margin
68.1%
98.6%
Operating Margin
-12.4%
27.4%
Net Margin
-11.1%
28.5%
Revenue YoY
-3.9%
6.5%
Net Profit YoY
2.5%
7.1%
EPS (diluted)
$-0.08
$0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EB
EB
SAFE
SAFE
Q4 25
$73.5M
$97.9M
Q3 25
$71.7M
$96.2M
Q2 25
$72.8M
$93.8M
Q1 25
$73.8M
$97.7M
Q4 24
$76.5M
$91.9M
Q3 24
$77.8M
$90.7M
Q2 24
$84.6M
$89.9M
Q1 24
$86.3M
$93.2M
Net Profit
EB
EB
SAFE
SAFE
Q4 25
$-8.2M
$27.9M
Q3 25
$6.4M
$29.3M
Q2 25
$-2.1M
$27.9M
Q1 25
$-6.6M
$29.4M
Q4 24
$-8.4M
$26.0M
Q3 24
$-3.8M
$19.3M
Q2 24
$1.1M
$29.7M
Q1 24
$-4.5M
$30.7M
Gross Margin
EB
EB
SAFE
SAFE
Q4 25
68.1%
98.6%
Q3 25
67.9%
98.5%
Q2 25
67.5%
99.1%
Q1 25
66.9%
98.8%
Q4 24
68.2%
98.8%
Q3 24
68.5%
98.8%
Q2 24
70.9%
98.8%
Q1 24
71.0%
98.8%
Operating Margin
EB
EB
SAFE
SAFE
Q4 25
-12.4%
27.4%
Q3 25
-1.3%
25.9%
Q2 25
-8.7%
25.5%
Q1 25
-13.2%
25.9%
Q4 24
-10.2%
24.6%
Q3 24
-11.5%
17.5%
Q2 24
-7.6%
26.7%
Q1 24
-8.8%
26.4%
Net Margin
EB
EB
SAFE
SAFE
Q4 25
-11.1%
28.5%
Q3 25
8.9%
30.5%
Q2 25
-2.9%
29.8%
Q1 25
-9.0%
30.1%
Q4 24
-11.0%
28.3%
Q3 24
-4.8%
21.3%
Q2 24
1.3%
33.0%
Q1 24
-5.2%
33.0%
EPS (diluted)
EB
EB
SAFE
SAFE
Q4 25
$-0.08
$0.38
Q3 25
$0.06
$0.41
Q2 25
$-0.02
$0.39
Q1 25
$-0.07
$0.41
Q4 24
$-0.09
$0.36
Q3 24
$-0.04
$0.27
Q2 24
$0.01
$0.42
Q1 24
$-0.05
$0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EB
EB
SAFE
SAFE
Cash + ST InvestmentsLiquidity on hand
$299.9M
$21.7M
Total DebtLower is stronger
$144.4M
$4.6B
Stockholders' EquityBook value
$179.1M
$2.4B
Total Assets
$647.2M
$7.2B
Debt / EquityLower = less leverage
0.81×
1.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EB
EB
SAFE
SAFE
Q4 25
$299.9M
$21.7M
Q3 25
$12.1M
Q2 25
$13.9M
Q1 25
$17.3M
Q4 24
$441.5M
$8.3M
Q3 24
$24.7M
$15.6M
Q2 24
$56.7M
$13.4M
Q1 24
$113.7M
$11.3M
Total Debt
EB
EB
SAFE
SAFE
Q4 25
$144.4M
$4.6B
Q3 25
$174.9M
$4.5B
Q2 25
$241.3M
$4.4B
Q1 25
$241.0M
$4.3B
Q4 24
$240.7M
$4.3B
Q3 24
$240.4M
$4.3B
Q2 24
$358.7M
$4.2B
Q1 24
$358.2M
$4.1B
Stockholders' Equity
EB
EB
SAFE
SAFE
Q4 25
$179.1M
$2.4B
Q3 25
$189.1M
$2.4B
Q2 25
$177.2M
$2.4B
Q1 25
$173.3M
$2.4B
Q4 24
$170.2M
$2.3B
Q3 24
$179.8M
$2.3B
Q2 24
$176.2M
$2.3B
Q1 24
$184.1M
$2.3B
Total Assets
EB
EB
SAFE
SAFE
Q4 25
$647.2M
$7.2B
Q3 25
$744.6M
$7.1B
Q2 25
$784.1M
$7.1B
Q1 25
$812.3M
$6.9B
Q4 24
$752.3M
$6.9B
Q3 24
$817.4M
$6.8B
Q2 24
$894.5M
$6.8B
Q1 24
$952.2M
$6.7B
Debt / Equity
EB
EB
SAFE
SAFE
Q4 25
0.81×
1.90×
Q3 25
0.92×
1.89×
Q2 25
1.36×
1.87×
Q1 25
1.39×
1.85×
Q4 24
1.41×
1.84×
Q3 24
1.34×
1.88×
Q2 24
2.04×
1.81×
Q1 24
1.95×
1.81×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EB
EB
SAFE
SAFE
Operating Cash FlowLast quarter
$-60.8M
$47.8M
Free Cash FlowOCF − Capex
$-60.9M
FCF MarginFCF / Revenue
-82.8%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$17.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EB
EB
SAFE
SAFE
Q4 25
$-60.8M
$47.8M
Q3 25
$36.7M
$-1.4M
Q2 25
$-17.5M
$28.0M
Q1 25
$59.4M
$8.9M
Q4 24
$-45.3M
$37.9M
Q3 24
$44.6M
$8.3M
Q2 24
$-32.3M
$24.8M
Q1 24
$68.6M
$-3.1M
Free Cash Flow
EB
EB
SAFE
SAFE
Q4 25
$-60.9M
Q3 25
$36.6M
Q2 25
$-17.5M
Q1 25
$59.4M
Q4 24
$-45.3M
Q3 24
$44.4M
Q2 24
$-32.4M
Q1 24
$68.2M
FCF Margin
EB
EB
SAFE
SAFE
Q4 25
-82.8%
Q3 25
51.1%
Q2 25
-24.1%
Q1 25
80.4%
Q4 24
-59.2%
Q3 24
57.1%
Q2 24
-38.3%
Q1 24
79.1%
Capex Intensity
EB
EB
SAFE
SAFE
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.0%
Q3 24
0.2%
Q2 24
0.1%
Q1 24
0.4%
Cash Conversion
EB
EB
SAFE
SAFE
Q4 25
1.72×
Q3 25
5.76×
-0.05×
Q2 25
1.00×
Q1 25
0.30×
Q4 24
1.45×
Q3 24
0.43×
Q2 24
-30.37×
0.83×
Q1 24
-0.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EB
EB

US$52.0M71%
Other$21.6M29%

SAFE
SAFE

Equity Method Investment Nonconsolidated Investee Or Group Of Investees$60.3M62%
Other$33.7M34%
Stabilized Properties$3.8M4%

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