NexPoint Real Estate Finance (NREF) Cost of Revenue (2020 - 2026)
NexPoint Real Estate Finance (NREF) recorded quarterly Cost of Revenue of $300000.0 in Q1 2026, down 5.96% quarter-over-quarter from $319000.0 in Q4 2025, and down 6.54% on a YoY basis from $321000.0 in Q1 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.
- In Q1 2026, Cost of Revenue fell 6.54% year-over-year to $300000.0; the TTM figure through Mar 2026 stood at $1.4 million (up 1.94% YoY), while the FY2025 annual figure was $1.4 million, down 12.56% from the prior year.
- Cost of Revenue was $300000.0 for Q1 2026 at NexPoint Real Estate Finance, down from $319000.0 in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.1 million in Q1 2022 to a low of $300000.0 in Q1 2026.
- Historically, Cost of Revenue has averaged $696823.5 across 5 years, with a median of $567000.0 in 2024.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue slumped 68.31% in 2024, then grew 9.09% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $1.1 million in 2022, then declined by 2.18% to $1.0 million in 2023, then plunged 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.
- The last three Cost of Revenue figures came in at $300000.0 (Q1 2026), $319000.0 (Q4 2025), and $372000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 22.75 Mn |
| 10 | NexPoint Real Estate Finance | 296.38 Mn | 303.38 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 |