Chicago Atlantic Real Estate Finance (REFI) EBIT (2022 - 2026)
Chicago Atlantic Real Estate Finance (REFI) reported EBIT of $7.8 million for Q1 2026, down 35.28% on a YoY basis from $12.1 million in Q1 2025, and down 15.28% sequentially from $9.2 million in Q4 2025.
Chicago Atlantic Real Estate Finance (REFI) EBIT (2022 - 2026) Analysis & Trends
Chicago Atlantic Real Estate Finance (REFI) has 5 years of EBIT data on file, last reported at $7.8 million in Q1 2026.
- For the quarter ending Q1 2026, EBIT fell 35.28% year-over-year to $7.8 million; the trailing twelve-month figure through Mar 2026 stood at $38.5 million (down 13.44% YoY), and the FY2025 full-year result was $43.6 million, down 1.45% from the prior year.
- EBIT eased to $7.8 million in Q1 2026, from $9.2 million in the prior quarter.
- In the past five years, EBIT ranged from a high of $13.0 million in Q3 2024 to a low of $7.8 million in Q1 2026.
- A 5-year average of $10.3 million and a median of $10.6 million in 2022 frame the typical range for EBIT.
- Across the five-year window, EBIT surged 56.3% in 2023 and tumbled 35.28% in 2026, its largest moves.
- Tracing REFI's EBIT over 5 years: stood at $8.9 million in 2022, then soared by 30.88% to $11.6 million in 2023, then fell by 27.86% to $8.4 million in 2024, then climbed by 10.33% to $9.2 million in 2025, then slipped by 15.28% to $7.8 million in 2026.
- Business Quant data shows REFI's EBIT at $7.8 million in Q1 2026, $9.2 million in Q4 2025, and $10.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 1.56 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 382.38 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 598.90 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 215.55 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 188.28 Mn |
| 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 | - | 167.51 Mn |
| 10 | Chicago Atlantic Real Estate Finance | 212.49 Mn | 184.63 Mn | - | 7.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.84 Mn |
| Dec 31, 2025 | 9.25 Mn |
| Sep 30, 2025 | 10.50 Mn |
| Jun 30, 2025 | 10.95 Mn |
| Mar 31, 2025 | 12.11 Mn |
| Dec 31, 2024 | 8.38 Mn |
| Sep 30, 2024 | 13.01 Mn |
| Jun 30, 2024 | 11.02 Mn |
| Mar 31, 2024 | 10.83 Mn |
| Dec 31, 2023 | 11.62 Mn |
| Sep 30, 2023 | 11.43 Mn |
| Jun 30, 2023 | 9.64 Mn |
| Mar 31, 2023 | 12.31 Mn |
| Dec 31, 2022 | 8.88 Mn |
| Sep 30, 2022 | 10.63 Mn |
| Jun 30, 2022 | 8.24 Mn |
| Mar 31, 2022 | 7.88 Mn |