NexPoint Real Estate Finance, Inc. (NREF) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, NexPoint Real Estate Finance reported revenue of $0. Net income was $123.1M, or $2.85 per diluted share. Operating activities generated $22.9M of cash. At fiscal year end, NexPoint Real Estate Finance held $5.32B in total assets against $4.49B in total liabilities, including $31.1M of cash and equivalents.
Open the full interactive NexPoint Real Estate Finance financials → Quarterly statements, key ratios, valuation history and price charts.
NexPoint Real Estate Finance Key Stats
| Share Price | $15.25 |
|---|---|
| Market Cap | $823.2M |
| P/E Ratio | 5.4 |
| 52-Week Range | $11.43 – $17.64 |
| Shares Outstanding | 18.8 million (basic, 2026 Q2) |
NexPoint Real Estate Finance Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $34.2M | $83.5M | $16.7M | $18.7M | $36.0M | $123.1M |
| Net Income | $34.2M | $83.5M | $16.7M | $18.7M | $36.0M | $123.1M |
| Diluted EPS | $1.74 | $3.93 | $0.22 | $0.60 | $1.02 | $2.85 |
NexPoint Real Estate Finance Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 |
| Net Income | $50.9M | $24.0M | $22.6M | $17.3M |
| Diluted EPS | $1.14 | $0.57 | $0.42 | $0.29 |
NexPoint Real Estate Finance Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $30.2M | $26.5M | $20.0M | $13.8M | $3.9M | $31.1M |
| Total Assets | $6.18B | $8.51B | $8.15B | $7.02B | $5.42B | $5.32B |
| Total Long-Term Debt | $1.04B | $1.28B | $1.35B | $1.27B | $799.3M | $771.2M |
| Total Liabilities | $5.77B | $8.01B | $7.61B | $6.57B | $4.84B | $4.49B |
| Shareholders' Equity | $128.2M | $245.3M | $448.5M | $347.4M | $336.5M | $388.0M |
NexPoint Real Estate Finance Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $32.9M | $49.3M | $65.8M | $31.6M | $29.3M | $22.9M |
| Cash From Investing | -$68.3M | $517.9M | $950.6M | $741.3M | $956.5M | $321.5M |
| Cash From Financing | $68.8M | -$567.4M | -$1.03B | -$776.6M | -$995.4M | -$317.2M |
Figures from NexPoint Real Estate Finance's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full NexPoint Real Estate Finance financials page for every line item.
NexPoint Real Estate Finance Company Profile
| Ticker | NREF |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Dallas, Texas |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001786248 |
Frequently Asked Questions
What was NexPoint Real Estate Finance's revenue in fiscal 2025?
NexPoint Real Estate Finance (NREF) reported revenue of $0 for fiscal 2025.
What is NexPoint Real Estate Finance's annual revenue history?
NexPoint Real Estate Finance's annual revenue by fiscal year: 2020: $0; 2021: $0; 2022: $0; 2023: $0; 2024: $0; 2025: $0.
What was NexPoint Real Estate Finance's net income in fiscal 2025?
NexPoint Real Estate Finance reported net income of $123.1M for fiscal 2025.
What was NexPoint Real Estate Finance's earnings per share (EPS) in fiscal 2025?
NexPoint Real Estate Finance's diluted EPS was $2.85 for fiscal 2025 (adjusted for any later stock splits).
What was NexPoint Real Estate Finance's revenue last quarter?
In its most recent reported quarter (2026 Q2), NexPoint Real Estate Finance reported revenue of $0.
How much debt does NexPoint Real Estate Finance have?
NexPoint Real Estate Finance reported $771.2M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of NexPoint Real Estate Finance are outstanding?
NexPoint Real Estate Finance reported a weighted average of 18.8 million basic shares outstanding in 2026 Q2.
What is NexPoint Real Estate Finance's market cap?
Based on its latest closing price, NexPoint Real Estate Finance (NREF) has a market capitalization of about $823.2M.
When does NexPoint Real Estate Finance's fiscal year end?
NexPoint Real Estate Finance's fiscal year end, as registered with the SEC, is December 31.
Where is NexPoint Real Estate Finance headquartered?
NexPoint Real Estate Finance lists its business address in Dallas, Texas in its SEC filings.