Chicago Atlantic Real Estate Finance (REFI) Interest Expenses (2022 - 2026)

Chicago Atlantic Real Estate Finance (REFI) reported Interest Expenses of $3.0 million for Q1 2026, up 45.03% on a YoY basis from $2.1 million in Q1 2025, and up 174.3% sequentially from $1.1 million in Q4 2025.

Chicago Atlantic Real Estate Finance (REFI) Interest Expenses (2022 - 2026) Analysis & Trends

Chicago Atlantic Real Estate Finance (REFI) has 5 years of Interest Expenses data on file, last reported at $3.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses rose 45.03% year-over-year to $3.0 million; the trailing twelve-month figure through Mar 2026 stood at $7.7 million (up 25.35% YoY), and the FY2025 full-year result was $7.5 million, up 5.49% from the prior year.
  • Interest Expenses improved to $3.0 million in Q1 2026, from $1.1 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $3.0 million in Q1 2026 to a low of $72268.0 in Q1 2022.
  • A 5-year average of $1.5 million and a median of $1.6 million in 2023 frame the typical range for Interest Expenses.
  • Across the five-year window, Interest Expenses jumped 2139.3% in 2023 and slumped 79.15% in 2024, its largest moves.
  • Tracing REFI's Interest Expenses over 5 years: stood at $1.6 million in 2022, then soared by 36.98% to $2.2 million in 2023, then tumbled by 79.15% to $463290.0 in 2024, then soared by 135.71% to $1.1 million in 2025, then jumped by 174.3% to $3.0 million in 2026.
  • Business Quant data shows REFI's Interest Expenses at $3.0 million in Q1 2026, $1.1 million in Q4 2025, and $1.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 1.27 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - 731.00 Mn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 328.91 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 444.66 Mn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 220.74 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 97.38 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - 178.14 Mn
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 285.73 Mn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 131.16 Mn
10 Chicago Atlantic Real Estate Finance 212.49 Mn 184.63 Mn - 3.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.00 Mn
Mar 31, 2026 3.00 Mn
Dec 31, 2025 1.09 Mn
Dec 31, 2025 1.09 Mn
Sep 30, 2025 1.57 Mn
Sep 30, 2025 1.57 Mn
Jun 30, 2025 2.08 Mn
Jun 30, 2025 2.08 Mn
Mar 31, 2025 2.07 Mn
Mar 31, 2025 2.07 Mn
Dec 31, 2024 463,290.00
Dec 31, 2024 463,290.00
Sep 30, 2024 1.80 Mn
Sep 30, 2024 1.80 Mn
Jun 30, 2024 1.84 Mn
Jun 30, 2024 1.84 Mn
Mar 31, 2024 2.10 Mn
Mar 31, 2024 2.10 Mn
Dec 31, 2023 2.22 Mn
Dec 31, 2023 2.22 Mn