NexPoint Real Estate Finance (NREF) Receivables - Net (2021 - 2026)
NexPoint Real Estate Finance's (NREF) quarterly Receivables - Net came in at $3.9 billion in Q1 2026, up 690.51% year-on-year from $489.9 million in Q1 2025, and down 2.87% quarter-over-quarter from $4.0 billion in Q4 2025.
NexPoint Real Estate Finance (NREF) Receivables - Net (2021 - 2026) Analysis & Trends
NexPoint Real Estate Finance's Receivables - Net history runs 6 years deep, the most recent figure standing at $3.9 billion for Q1 2026.
- On a quarterly basis, Receivables - Net rose 690.51% year-over-year to $3.9 billion in Q1 2026; TTM through Mar 2026 was $3.9 billion, a 690.51% increase from a year earlier, with the FY2025 full-year figure at $4.0 billion, down 8.2% from the prior year.
- Receivables - Net slipped to $3.9 billion in Q1 2026 per NREF's latest filing, from $4.0 billion in the prior quarter.
- Across five years, Receivables - Net topped out at $6.2 billion in Q1 2024 and bottomed at $24.0 million in Q2 2025.
- The 5-year median for Receivables - Net is $443.4 million (2024), against an average of $2.1 billion.
- Across the five-year window, Receivables - Net jumped 12237.06% in 2023 and slumped 99.57% in 2025, its largest moves.
- Year by year, Receivables - Net stood at $46.0 million in 2022, then soared by 12237.06% to $5.7 billion in 2023, then dropped by 23.5% to $4.3 billion in 2024, then slipped by 8.2% to $4.0 billion in 2025, then declined by 2.87% to $3.9 billion in 2026.
- Per Business Quant, the three latest NREF Receivables - Net figures stand at $3.9 billion (Q1 2026), $4.0 billion (Q4 2025), and $4.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - |
| 10 | NexPoint Real Estate Finance | 305.68 Mn | 388.19 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.87 Bn |
| Mar 31, 2026 | 3.87 Bn |
| Dec 31, 2025 | 3.99 Bn |
| Dec 31, 2025 | 3.99 Bn |
| Sep 30, 2025 | 4.05 Bn |
| Sep 30, 2025 | 4.05 Bn |
| Jun 30, 2025 | 24.05 Mn |
| Jun 30, 2025 | 24.05 Mn |
| Mar 31, 2025 | 489.94 Mn |
| Mar 31, 2025 | 489.94 Mn |
| Dec 31, 2024 | 4.34 Bn |
| Dec 31, 2024 | 4.34 Bn |
| Sep 30, 2024 | 443.36 Mn |
| Sep 30, 2024 | 443.36 Mn |
| Jun 30, 2024 | 5.60 Bn |
| Jun 30, 2024 | 5.60 Bn |
| Mar 31, 2024 | 6.18 Bn |
| Mar 31, 2024 | 6.18 Bn |
| Dec 31, 2023 | 5.68 Bn |
| Dec 31, 2023 | 5.68 Bn |