NexPoint Real Estate Finance (NREF) Operating Expenses (2020 - 2026)

NexPoint Real Estate Finance's Operating Expenses history runs 7 years deep, the most recent figure standing at $10.0 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 20.72% year-over-year to $10.0 million; the TTM figure through Mar 2026 stood at $35.4 million (up 4.44% YoY), while the FY2025 annual figure was $33.7 million, down 8.06% from the prior year.
• Operating Expenses was $10.0 million for Q1 2026 at NexPoint Real Estate Finance, up from $7.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $11.0 million in Q1 2024 to a low of $5.1 million in Q2 2023.
• Historically, Operating Expenses has averaged $7.6 million across 5 years, with a median of $7.8 million in 2025.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 101.41% in 2022, then decreased 29.94% in 2023.
• A 5-year view of Operating Expenses shows it stood at $6.8 million in 2022, then retreated by 5.74% to $6.4 million in 2023, then jumped by 40.27% to $9.0 million in 2024, then fell by 13.33% to $7.8 million in 2025, then increased by 28.52% to $10.0 million in 2026.
• The last three Operating Expenses figures came in at $10.0 million (Q1 2026), $7.8 million (Q4 2025), and $8.4 million (Q3 2025), per Business Quant data.