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

Chicago Atlantic Real Estate Finance (REFI) reported Enterprise Value of -$27.9 million for Q1 2026, down 181.37% on a YoY basis from $34.2 million in Q1 2025, and down 86.34% sequentially from -$14.9 million in Q4 2025.

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

Chicago Atlantic Real Estate Finance (REFI) has 6 years of Enterprise Value data on file, last reported at -$27.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value fell 181.37% year-over-year to -$27.9 million; the trailing twelve-month figure through Mar 2026 stood at -$27.9 million (down 181.37% YoY), and the FY2025 full-year result was -$14.9 million, up 43.38% from the prior year.
  • Enterprise Value retreated to -$27.9 million in Q1 2026, from -$14.9 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$4.6 million in Q1 2023 to a low of -$35.6 million in Q2 2025.
  • A 5-year average of -$13.6 million and a median of -$8.7 million in 2023 frame the typical range for Enterprise Value.
  • Across the five-year window, Enterprise Value soared 92.88% in 2022 and sank 403.47% in 2025, its largest moves.
  • Tracing REFI's Enterprise Value over 5 years: stood at -$5.7 million in 2022, then slumped by 38.18% to -$7.9 million in 2023, then tumbled by 234.27% to -$26.4 million in 2024, then jumped by 43.38% to -$14.9 million in 2025, then slumped by 86.34% to -$27.9 million in 2026.
  • Business Quant data shows REFI's Enterprise Value at -$27.9 million in Q1 2026, -$14.9 million in Q4 2025, and -$28.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - -1.86 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - -493.00 Mn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - -50.01 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -546.06 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - -125.37 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -516.50 Mn
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -83.68 Mn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - -283.84 Mn
10 Chicago Atlantic Real Estate Finance 212.49 Mn 184.63 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 -8.70 Mn
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