Chicago Atlantic Real Estate Finance (REFI) Selling, General & Administrative (2022 - 2026)
Chicago Atlantic Real Estate Finance (REFI) reported Selling, General & Administrative of $1.53 million for Q2 2026, up 20.3% from $1.27 million a year earlier and up 32.8% from the prior quarter.
Chicago Atlantic Real Estate Finance (REFI) Selling, General & Administrative (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Chicago Atlantic Real Estate Finance's Selling, General & Administrative came in at $5.52 million, up 5.9% year-over-year; for FY2025, it was $5.3 million, down 1.6% from FY2024.
- Selling, General & Administrative has a four-year compound annual growth rate of 105.4% (FY2021 to FY2025).
- By year, Selling, General & Administrative came in at $5.39 million in FY2024 (+2.4%), $5.26 million in FY2023 (+49.1%), $3.53 million in FY2022 and $297,916 in FY2021.
- Five-year quarterly Selling, General & Administrative spans a low of $556,141 in Q1 2022 and a high of $1.54 million in Q4 2025.
- Year over year, Selling, General & Administrative gained in six of the last eight quarters, with growth averaging 1.9%.
- The high point for year-over-year Selling, General & Administrative in five years was Q1 2023 (growth of 129.2%); the low point was Q1 2025 (a decline of 14.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.15 million (Q1 2026), $1.54 million (Q4 2025) and $1.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 568.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.24 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 161.89 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 146.84 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 13.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 58.19 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Chicago Atlantic Real Estate Finance | 213.57 Mn | 128.49 Mn | - | 1.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.53 Mn |
| Mar 31, 2026 | 1.15 Mn |
| Dec 31, 2025 | 1.54 Mn |
| Sep 30, 2025 | 1.30 Mn |
| Jun 30, 2025 | 1.27 Mn |
| Mar 31, 2025 | 1.20 Mn |
| Dec 31, 2024 | 1.49 Mn |
| Sep 30, 2024 | 1.25 Mn |
| Jun 30, 2024 | 1.25 Mn |
| Mar 31, 2024 | 1.39 Mn |
| Dec 31, 2023 | 1.43 Mn |
| Sep 30, 2023 | 1.25 Mn |
| Jun 30, 2023 | 1.28 Mn |
| Mar 31, 2023 | 1.27 Mn |
| Dec 31, 2022 | 1.12 Mn |
| Sep 30, 2022 | 1.08 Mn |
| Jun 30, 2022 | 777,212.00 |
| Mar 31, 2022 | 556,141.00 |
Chicago Atlantic Real Estate Finance Selling, General & Administrative 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=selling-general-and-administrative&ticker=REFI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=REFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();