NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc.

NREFยทNYSE

$15.77

-1.6%
Real EstateREIT - Mortgage

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.

At a Glance

Live Snapshot
Market Cap$297.23M
EPS4.3800
P/E Ratio3.27
Earnings Date07/30/2026
3Y+212.0%
5Y+547.0%
10Y+8286.0%
3Y+1458.0%
5Y+718.0%
10Y-6058.0%
3Y-65.0%
5Y-30.0%
10Y-9688.0%
NexPoint Real Estate Finance, Inc.

NexPoint Real Estate Finance, Inc. Profit Bridge

NREF ยท NYSE
Revenue126.13M
Cost of Goods Sold (14.03M)
Gross Profit112.10M
Operating Expenses (-51.53M)
Operating Income163.62M
Interest Expense (42.77M)
Other Income/Expense-40.48M
Pretax Income123.14M
Income Tax (0.00)
Net Income105.10M
Net Income
105.10M

Profitability Analysis

Gross Margin

88.9%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

129.7%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

83.3%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

0.0%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

NexPoint Real Estate Finance, Inc. Income Statement

NREF โ€ข NYSE

NexPoint Real Estate Finance, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2016Dec 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

SEC Filings

NREF - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 111 filings