Chicago Atlantic Real Estate Finance (REFI) Enterprise Value (2021 - 2026)

Chicago Atlantic Real Estate Finance's (REFI) quarterly Enterprise Value came in at -$27.9 million in Q1 2026, down 181.37% year-on-year from $34.2 million in Q1 2025, and down 86.34% quarter-over-quarter from -$14.9 million in Q4 2025.

Chicago Atlantic Real Estate Finance (REFI) Enterprise Value (2021 - 2026) Analysis & Trends

Chicago Atlantic Real Estate Finance has disclosed Enterprise Value across 6 years of filings, most recently posting -$27.9 million for Q1 2026.

  • Enterprise Value for Q1 2026 came in at -$27.9 million, down 181.37% year-over-year; the trailing twelve-month figure through Mar 2026 was -$27.9 million (down 181.37% YoY), and the FY2025 annual result was -$14.9 million, up 43.38% from the prior year.
  • Enterprise Value came in at -$27.9 million for Q1 2026 at Chicago Atlantic Real Estate Finance, down from -$14.9 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$149086.0 in Q3 2023 to a low of -$35.6 million in Q2 2025.
  • The 5-year median for Enterprise Value is -$7.9 million (2023), against an average of -$13.1 million.
  • Across the five-year window, Enterprise Value soared 98.4% in 2023 and slumped 4434.59% in 2024, its largest moves.
  • Chicago Atlantic Real Estate Finance's Enterprise Value stood at -$5.7 million in 2022, then sank by 38.18% to -$7.9 million in 2023, then slumped by 234.27% to -$26.4 million in 2024, then surged by 43.38% to -$14.9 million in 2025, then sank by 86.34% to -$27.9 million in 2026.
  • The last three Enterprise Value figures came in at -$27.9 million (Q1 2026), -$14.9 million (Q4 2025), and -$28.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -2.26 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - -671.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 3.24 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - -142.40 Mn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -546.06 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - -773.83 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -727.49 Mn
8 Ellington Financial 1.67 Bn 1.39 Bn - -278.21 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -547.51 Mn
10 Chicago Atlantic Real Estate Finance 237.79 Mn 209.93 Mn - -27.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -27.86 Mn
Dec 31, 2025 -14.95 Mn
Sep 30, 2025 -28.90 Mn
Jun 30, 2025 -35.60 Mn
Mar 31, 2025 -9.90 Mn
Dec 31, 2024 -26.40 Mn
Sep 30, 2024 -6.76 Mn
Jun 30, 2024 -7.07 Mn
Mar 31, 2024 -6.90 Mn
Dec 31, 2023 -7.90 Mn
Sep 30, 2023 -149,086.00
Jun 30, 2023 -18.02 Mn
Mar 31, 2023 -4.64 Mn
Dec 31, 2022 -5.72 Mn
Sep 30, 2022 -9.33 Mn
Jun 30, 2022 -6.62 Mn
Mar 31, 2022 -6.08 Mn
Dec 31, 2021 -80.25 Mn