NexPoint Real Estate Finance (NREF) Receivables (2021 - 2026)
NexPoint Real Estate Finance (NREF) recorded Receivables of $3.82 billion in Q2 2026, down 8.9% from $4.19 billion a year earlier and down 1.5% from the prior quarter.
NexPoint Real Estate Finance (NREF) Receivables (2021 - 2026) Analysis & Trends
At the end of FY2025, NexPoint Real Estate Finance reported Receivables of $3.99 billion, down 8.2% from FY2024.
- Annual Receivables has a four-year compound annual growth rate of 99.9% (FY2021 to FY2025).
- Across earlier years, Receivables came in at $4.34 billion in FY2024 (-23.5%), $5.68 billion in FY2023, $271.81 million in FY2022 (+8.8%) and $249.84 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Receivables since Q2 2023.
- On a year-over-year basis, Receivables has declined for eight consecutive quarters, with an average decline of 17.0% over the last eight quarters.
- Peak year-over-year performance for Receivables in the last five years was growth of 46.6% in Q2 2023, against a decline of 31.5% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.87 billion (Q1 2026), $3.99 billion (Q4 2025) and $4.05 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 2.93 Bn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 372.40 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 131.71 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | NexPoint Real Estate Finance | 301.00 Mn | -43.28 Mn | - | 3.82 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.82 Bn |
| Mar 31, 2026 | 3.87 Bn |
| Dec 31, 2025 | 3.99 Bn |
| Sep 30, 2025 | 4.05 Bn |
| Jun 30, 2025 | 4.19 Bn |
| Mar 31, 2025 | 4.24 Bn |
| Dec 31, 2024 | 4.34 Bn |
| 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 | 5.63 Bn |
| Jun 30, 2023 | 326.14 Mn |
| Mar 31, 2023 | 302.02 Mn |
| Dec 31, 2022 | 271.81 Mn |
| Sep 30, 2022 | 250.73 Mn |
| Jun 30, 2022 | 222.53 Mn |
| Mar 31, 2022 | 275.01 Mn |
| Dec 31, 2021 | 249.84 Mn |
NexPoint Real Estate Finance Receivables 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=receivables&ticker=NREF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=NREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();