NexPoint Real Estate Finance (NREF) Non-Current Debt (2020 - 2026)
NexPoint Real Estate Finance's (NREF) quarterly Non-Current Debt came in at $164.6 million in Q1 2026, up 72.57% year-on-year from $95.4 million in Q1 2025, and down 6.54% quarter-over-quarter from $176.1 million in Q4 2025.
NexPoint Real Estate Finance (NREF) Non-Current Debt (2020 - 2026) Analysis & Trends
NexPoint Real Estate Finance's Non-Current Debt history runs 7 years deep, the most recent figure standing at $164.6 million for Q1 2026.
- On a quarterly basis, Non-Current Debt rose 72.57% year-over-year to $164.6 million in Q1 2026; TTM through Mar 2026 was $164.6 million, a 72.57% increase from a year earlier, with the FY2025 full-year figure at $176.1 million, down 27.65% from the prior year.
- Non-Current Debt retreated to $164.6 million in Q1 2026 per NREF's latest filing, from $176.1 million in the prior quarter.
- Across five years, Non-Current Debt topped out at $1.3 billion in Q4 2022 and bottomed at $95.4 million in Q1 2025.
- The 5-year median for Non-Current Debt is $839.8 million (2024), against an average of $749.7 million.
- Across the five-year window, Non-Current Debt slumped 89.34% in 2022 and jumped 901.4% in 2023, its largest moves.
- Year by year, Non-Current Debt stood at $1.3 billion in 2022, then slipped by 5.72% to $1.3 billion in 2023, then tumbled by 80.8% to $243.5 million in 2024, then slipped by 27.65% to $176.1 million in 2025, then dropped by 6.54% to $164.6 million in 2026.
- Per Business Quant, the three latest NREF Non-Current Debt figures stand at $164.6 million (Q1 2026), $176.1 million (Q4 2025), and $176.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.45 Bn | 14.54 Bn | - | 1.10 Bn |
| 2 | AGNC Investment | 11.97 Bn | 11.47 Bn | - | 87.62 Bn |
| 3 | Starwood Property Trust | 6.11 Bn | 5.73 Bn | - | 13.77 Bn |
| 4 | Rithm Capital | 5.18 Bn | 5.18 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.85 Bn | 2.31 Bn | - | 782.22 Mn |
| 6 | Dynex Capital | 2.55 Bn | 2.03 Bn | - | - |
| 7 | Armour Residential REIT | 2.11 Bn | 2.03 Bn | - | 19.44 Bn |
| 8 | Ellington Financial | 1.66 Bn | 1.49 Bn | - | 264.44 Mn |
| 9 | Orchid Island Capital | 1.31 Bn | 625.47 Mn | 61.82 Mn | 11.09 Bn |
| 10 | NexPoint Real Estate Finance | 312.38 Mn | 234.27 Mn | - | 164.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 164.61 Mn |
| Dec 31, 2025 | 176.14 Mn |
| Sep 30, 2025 | 176.75 Mn |
| Jun 30, 2025 | 260.95 Mn |
| Mar 31, 2025 | 95.39 Mn |
| Dec 31, 2024 | 243.45 Mn |
| Sep 30, 2024 | 811.99 Mn |
| Jun 30, 2024 | 857.21 Mn |
| Mar 31, 2024 | 839.80 Mn |
| Dec 31, 2023 | 1.27 Bn |
| Sep 30, 2023 | 1.21 Bn |
| Jun 30, 2023 | 1.25 Bn |
| Mar 31, 2023 | 1.28 Bn |
| Dec 31, 2022 | 1.35 Bn |
| Sep 30, 2022 | 121.10 Mn |
| Jun 30, 2022 | 1.33 Bn |
| Mar 31, 2022 | 1.32 Bn |
| Dec 31, 2021 | 1.27 Bn |
| Sep 30, 2021 | 1.14 Bn |
| Jun 30, 2021 | 1.11 Bn |