NexPoint Real Estate Finance (NREF) Loans - Net (2020 - 2026)
NexPoint Real Estate Finance (NREF) reported Loans - Net of $15.1 million for Q3 2026, down 29.1% from $21.3 million a year earlier and down 35.2% from the prior quarter.
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Analysis
NexPoint Real Estate Finance (NREF) Loans - Net (2020 - 2026) Analysis & Trends
At the end of FY2025, NexPoint Real Estate Finance posted Loans - Net of $35.9 million, up 226.4% from FY2024.
- Loans - Net has a five-year compound annual growth rate of -22.4% (FY2020 to FY2025).
- By year, Loans - Net came in at $11 million in FY2024 (-99.8%), $5.68 billion in FY2023 (-15.5%), $6.72 billion in FY2022 and $241.52 million in FY2021 (+89.0%).
- The Q3 2026 figure ranks as the lowest quarterly Loans - Net since Q2 2025.
- Year over year, Loans - Net gained in two of the last eight quarters, with an average decline of 15.3%.
- The high point for year-over-year Loans - Net in five years was Q4 2025 (growth of 226.4%); the low point was Q4 2024 (a decline of 99.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $23.3 million (Q2 2026), $33.2 million (Q1 2026) and $35.9 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 4,106.30 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 93.01 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 9.48 Bn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | - |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 6.87 Bn |
| 10 | NexPoint Real Estate Finance | 231.64 Mn | -336.77 Mn | - | 15.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.10 Mn |
| Jun 30, 2026 | 23.30 Mn |
| Mar 31, 2026 | 33.20 Mn |
| Dec 31, 2025 | 35.90 Mn |
| Sep 30, 2025 | 21.30 Mn |
| Jun 30, 2025 | 11.10 Mn |
| Mar 31, 2025 | 4.24 Bn |
| Dec 31, 2024 | 11.00 Mn |
| Sep 30, 2024 | 4.64 Bn |
| Jun 30, 2024 | 5.60 Bn |
| Mar 31, 2024 | 6.18 Bn |
| Dec 31, 2023 | 5.68 Bn |
| Sep 30, 2023 | 5.61 Bn |
| Jun 30, 2023 | 6.32 Bn |
| Mar 31, 2023 | 6.75 Bn |
| Dec 31, 2022 | 6.72 Bn |
| Sep 30, 2022 | 283.87 Mn |
| Jun 30, 2022 | 258.58 Mn |
| Mar 31, 2022 | 311.63 Mn |
| Dec 31, 2021 | 241.52 Mn |
API Access
NexPoint Real Estate Finance Loans - Net API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=loans-net&ticker=NREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-net", "ticker": "NREF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=loans-net&ticker=NREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();