NexPoint Real Estate Finance (NREF) Cost of Revenue (2020 - 2026)
NexPoint Real Estate Finance's (NREF) quarterly Cost of Revenue came in at $300000.0 in Q1 2026, down 6.54% year-on-year from $321000.0 in Q1 2025, and down 5.96% quarter-over-quarter from $319000.0 in Q4 2025.
NexPoint Real Estate Finance (NREF) Cost of Revenue (2020 - 2026) Analysis & Trends
NexPoint Real Estate Finance's Cost of Revenue history runs 7 years deep, the most recent figure standing at $300000.0 for Q1 2026.
- On a quarterly basis, Cost of Revenue fell 6.54% year-over-year to $300000.0 in Q1 2026; TTM through Mar 2026 was $1.4 million, a 1.94% increase from a year earlier, with the FY2025 full-year figure at $1.4 million, down 12.56% from the prior year.
- Cost of Revenue slipped to $300000.0 in Q1 2026 per NREF's latest filing, from $319000.0 in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.1 million in Q1 2022 and bottomed at $300000.0 in Q1 2026.
- The 5-year median for Cost of Revenue is $567000.0 (2024), against an average of $696823.5.
- Across the five-year window, Cost of Revenue slumped 68.31% in 2024 and rose 9.09% in 2025, its largest moves.
- Year by year, Cost of Revenue stood at $1.1 million in 2022, then declined by 2.18% to $1.0 million in 2023, then slumped by 68.31% to $327000.0 in 2024, then dropped by 2.45% to $319000.0 in 2025, then slipped by 5.96% to $300000.0 in 2026.
- Per Business Quant, the three latest NREF Cost of Revenue figures stand at $300000.0 (Q1 2026), $319000.0 (Q4 2025), and $372000.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.39 Bn | 14.48 Bn | - | - |
| 2 | AGNC Investment | 11.93 Bn | 11.43 Bn | - | - |
| 3 | Starwood Property Trust | 6.07 Bn | 5.70 Bn | - | - |
| 4 | Rithm Capital | 5.14 Bn | 5.14 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.81 Bn | 2.26 Bn | - | - |
| 6 | Dynex Capital | 2.54 Bn | 2.02 Bn | - | - |
| 7 | Armour Residential REIT | 2.10 Bn | 2.02 Bn | - | - |
| 8 | Ellington Financial | 1.65 Bn | 1.49 Bn | - | - |
| 9 | Orchid Island Capital | 1.31 Bn | 624.47 Mn | 61.82 Mn | 585,000.00 |
| 10 | NexPoint Real Estate Finance | 314.42 Mn | 236.32 Mn | - | 300,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 300,000.00 |
| Mar 31, 2026 | 300,000.00 |
| Dec 31, 2025 | 319,000.00 |
| Dec 31, 2025 | 319,000.00 |
| Sep 30, 2025 | 372,000.00 |
| Sep 30, 2025 | 372,000.00 |
| Jun 30, 2025 | 374,000.00 |
| Jun 30, 2025 | 374,000.00 |
| Mar 31, 2025 | 321,000.00 |
| Mar 31, 2025 | 321,000.00 |
| Dec 31, 2024 | 327,000.00 |
| Dec 31, 2024 | 327,000.00 |
| Sep 30, 2024 | 341,000.00 |
| Sep 30, 2024 | 341,000.00 |
| Jun 30, 2024 | 350,000.00 |
| Jun 30, 2024 | 350,000.00 |
| Mar 31, 2024 | 567,000.00 |
| Mar 31, 2024 | 567,000.00 |
| Dec 31, 2023 | 1.03 Mn |
| Dec 31, 2023 | 1.03 Mn |