$15.77
-1.6%NexPoint Real Estate Finance, Inc. operates as a real estate finance company in the United States. It focuses on originating, structuring, and investing in first mortgage loans, mezzanine loans, preferred equity, and preferred stock, as well as multifamily commercial mortgage backed securities securitizations. The company intends to qualify as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2019 and is based in Dallas, Texas.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Outstanding operational efficiency. The company generates substantial profit from core operations.
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
NREF โข NYSE
| NexPoint Real Estate Finance, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2016 | Dec 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||
126.1M | 110.3M | 42.1M | 40.4M | 34.8M | 19.5M | 18.3M | 34.3M | 3.9M | 1.5M | |
GROSS PROFIT | ||||||||||
(14M) | (11.1M) | (4.2M) | (4.4M) | (0.0) | (0.0) | (4.8M) | (11.1M) | (1.5M) | (600K) | |
112.1M | 99.3M | 37.9M | 36M | 34.8M | 19.5M | 13.5M | 23.2M | 2.4M | 904K | |
OPERATING INCOME | ||||||||||
-51.5M | (16.7M) | (12.5M) | (10.4M) | (34.8M) | (19.5M) | (0.0) | (3.8M) | (3.1M) | (2.1M) | |
(12.7M) | (12.8M) | (12.5M) | (7.2M) | (6.4M) | (4.9M) | (0.0) | (3.8M) | (1.5M) | (414K) | |
163.6M | 84.8M | 25.4M | 25.6M | 0.0 | 0.0 | 28.9M | 19.4M | -721K | -1.2M | |
PRE-TAX INCOME | ||||||||||
(42.8M) | (44.4M) | (51.6M) | (40.3M) | (29.8M) | (21.3M) | (19.6M) | (0.0) | (1.5M) | (429K) | |
47.2M | 28.1M | 16.8M | 37.7M | 26.1M | 17.7M | 17.7M | 0.0 | -1.5M | -429K | |
-64.2M | (3.9M) | (0.0) | (3.2M) | (28.4M) | (14.6M) | (0.0) | (0.0) | (1.6M) | (1.7M) | |
-40.5M | -48.8M | -6.7M | -11.4M | 83.5M | 34.2M | 0.0 | 0.0 | -784K | -576K | |
123.1M | 36M | 18.7M | 14.2M | 83.5M | 34.2M | 28.9M | 19.4M | -1.5M | -1.8M | |
NET INCOME | ||||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (28.9M) | (0.0) | (0.0) | (0.0) | |
105.1M | 29.2M | 14M | 6.7M | 43.1M | 12.8M | 0.0 | 19.4M | -1.5M | -1.8M |
NREF - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 02, 2026 | June 02, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 15, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 13, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 30, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 20, 2026 | June 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 03, 2026 | March 30, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 31, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 26, 2026 | February 26, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 23, 2026 | January 16, 2026 | 2026 |
Continue your NREF research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.