Chicago Atlantic Real Estate Finance (REFI) Net Income (2022 - 2026)

Chicago Atlantic Real Estate Finance's (REFI) quarterly Net Income came in at $4.8 million in Q1 2026, down 51.8% year-on-year from $10.0 million in Q1 2025, and down 40.66% quarter-over-quarter from $8.2 million in Q4 2025.

Chicago Atlantic Real Estate Finance (REFI) Net Income (2022 - 2026) Analysis & Trends

Chicago Atlantic Real Estate Finance has disclosed Net Income across 5 years of filings, most recently posting $4.8 million for Q1 2026.

  • Net Income for Q1 2026 came in at $4.8 million, down 51.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $30.8 million (down 19.68% YoY), and the FY2025 annual result was $36.0 million, down 2.79% from the prior year.
  • Net Income came in at $4.8 million for Q1 2026 at Chicago Atlantic Real Estate Finance, down from $8.2 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $11.2 million in Q3 2024 to a low of $4.8 million in Q1 2026.
  • The 5-year median for Net Income is $8.9 million (2025), against an average of $8.8 million.
  • Across the five-year window, Net Income soared 37.01% in 2023 and sank 51.8% in 2026, its largest moves.
  • Chicago Atlantic Real Estate Finance's Net Income stood at $7.3 million in 2022, then gained by 29.52% to $9.4 million in 2023, then dropped by 15.73% to $7.9 million in 2024, then advanced by 3.0% to $8.2 million in 2025, then sank by 40.66% to $4.8 million in 2026.
  • The last three Net Income figures came in at $4.8 million (Q1 2026), $8.2 million (Q4 2025), and $8.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 290.52 Mn
2 AGNC Investment 11.42 Bn 10.75 Bn - -
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 57.42 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - 109.48 Mn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -6.34 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 89.93 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 32.25 Mn
10 Chicago Atlantic Real Estate Finance 237.79 Mn 209.93 Mn - 4.84 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.84 Mn
Dec 31, 2025 8.16 Mn
Sep 30, 2025 8.93 Mn
Jun 30, 2025 8.88 Mn
Mar 31, 2025 10.04 Mn
Dec 31, 2024 7.92 Mn
Sep 30, 2024 11.21 Mn
Jun 30, 2024 9.18 Mn
Mar 31, 2024 8.73 Mn
Dec 31, 2023 9.40 Mn
Sep 30, 2023 9.98 Mn
Jun 30, 2023 8.64 Mn
Mar 31, 2023 10.69 Mn
Dec 31, 2022 7.26 Mn
Sep 30, 2022 9.77 Mn
Jun 30, 2022 7.46 Mn
Mar 31, 2022 7.80 Mn