Chicago Atlantic Real Estate Finance (REFI) EBIT (2022 - 2026)
Chicago Atlantic Real Estate Finance (REFI) recorded EBIT of $9.86 million in Q2 2026, down 10.0% from $10.95 million a year earlier but up 43.3% from the prior quarter.
Chicago Atlantic Real Estate Finance (REFI) EBIT (2022 - 2026) Analysis & Trends
On a TTM basis, Chicago Atlantic Real Estate Finance's EBIT came in at $37.23 million as of Jun 30, 2026, down 18.0% year-over-year; for FY2025, it was $43.56 million, down 1.5% from FY2024.
- Annual EBIT has a four-year compound annual growth rate of 46.3% (FY2021 to FY2025).
- Across earlier years, EBIT came in at $44.2 million in FY2024 (-0.6%), $44.46 million in FY2023 (+27.4%), $34.91 million in FY2022 (+267.6%) and $9.5 million in FY2021.
- Quarterly EBIT has ranged from $6.88 million in Q1 2026 to $13.01 million in Q3 2024 over the past five years.
- On a year-over-year basis, EBIT rose in three of the last eight quarters, with an average decline of 7.0%.
- Peak year-over-year performance for EBIT in the last five years was growth of 57.7% in Q1 2023, against a decline of 43.2% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $6.88 million (Q1 2026), $9.99 million (Q4 2025) and $10.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 655.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 840.19 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 133.12 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 38.30 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 147.26 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 2.16 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 279.94 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 2.16 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Chicago Atlantic Real Estate Finance | 213.57 Mn | 128.49 Mn | - | 9.86 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.86 Mn |
| Mar 31, 2026 | 6.88 Mn |
| Dec 31, 2025 | 9.99 Mn |
| Sep 30, 2025 | 10.50 Mn |
| Jun 30, 2025 | 10.95 Mn |
| Mar 31, 2025 | 12.11 Mn |
| Dec 31, 2024 | 9.33 Mn |
| Sep 30, 2024 | 13.01 Mn |
| Jun 30, 2024 | 11.02 Mn |
| Mar 31, 2024 | 10.83 Mn |
| Dec 31, 2023 | 11.09 Mn |
| Sep 30, 2023 | 11.43 Mn |
| Jun 30, 2023 | 9.64 Mn |
| Mar 31, 2023 | 12.31 Mn |
| Dec 31, 2022 | 8.49 Mn |
| Sep 30, 2022 | 10.63 Mn |
| Jun 30, 2022 | 7.74 Mn |
| Mar 31, 2022 | 7.80 Mn |
Chicago Atlantic Real Estate Finance EBIT 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=ebit&ticker=REFI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "ticker": "REFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit&ticker=REFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();