NexPoint Real Estate Finance (NREF) Accumulated Expenses (2020 - 2026)
NexPoint Real Estate Finance's (NREF) quarterly Accumulated Expenses came in at $17.0 million in Q1 2026, up 30.19% year-on-year from $13.0 million in Q1 2025, and up 23.02% quarter-over-quarter from $13.8 million in Q4 2025.
NexPoint Real Estate Finance (NREF) Accumulated Expenses (2020 - 2026) Analysis & Trends
NexPoint Real Estate Finance's Accumulated Expenses history runs 7 years deep, the most recent figure standing at $17.0 million for Q1 2026.
- On a quarterly basis, Accumulated Expenses rose 30.19% year-over-year to $17.0 million in Q1 2026; TTM through Mar 2026 was $17.0 million, a 30.19% increase from a year earlier, with the FY2025 full-year figure at $13.8 million, up 37.67% from the prior year.
- Accumulated Expenses rose to $17.0 million in Q1 2026 per NREF's latest filing, from $13.8 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $17.0 million in Q1 2026 and bottomed at $4.8 million in Q2 2022.
- The 5-year median for Accumulated Expenses is $10.2 million (2023), against an average of $10.6 million.
- Across the five-year window, Accumulated Expenses surged 100.4% in 2022 and climbed 2.69% in 2025, its largest moves.
- Year by year, Accumulated Expenses stood at $8.0 million in 2022, then grew by 2.79% to $8.2 million in 2023, then advanced by 22.06% to $10.0 million in 2024, then soared by 37.67% to $13.8 million in 2025, then increased by 23.02% to $17.0 million in 2026.
- Per Business Quant, the three latest NREF Accumulated Expenses figures stand at $17.0 million (Q1 2026), $13.8 million (Q4 2025), and $15.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - |
| 10 | NexPoint Real Estate Finance | 305.68 Mn | 388.19 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.97 Mn |
| Dec 31, 2025 | 13.80 Mn |
| Sep 30, 2025 | 15.33 Mn |
| Jun 30, 2025 | 11.51 Mn |
| Mar 31, 2025 | 13.04 Mn |
| Dec 31, 2024 | 10.02 Mn |
| Sep 30, 2024 | 10.90 Mn |
| Jun 30, 2024 | 8.86 Mn |
| Mar 31, 2024 | 12.70 Mn |
| Dec 31, 2023 | 8.21 Mn |
| Sep 30, 2023 | 10.12 Mn |
| Jun 30, 2023 | 6.39 Mn |
| Mar 31, 2023 | 10.19 Mn |
| Dec 31, 2022 | 7.99 Mn |
| Sep 30, 2022 | 9.34 Mn |
| Jun 30, 2022 | 4.76 Mn |
| Dec 31, 2021 | 3.99 Mn |
| Sep 30, 2021 | 5.05 Mn |
| Jun 30, 2021 | 3.31 Mn |
| Mar 31, 2021 | 2.79 Mn |