Chicago Atlantic Real Estate Finance (REFI) Share-based Compensation (IS) (2022 - 2026)
Chicago Atlantic Real Estate Finance (REFI) recorded Share-based Compensation (IS) of $900,000 in Q2 2026, unchanged from $900,000 a year earlier and unchanged from the prior quarter.
Chicago Atlantic Real Estate Finance (REFI) Share-based Compensation (IS) (2022 - 2026) Analysis & Trends
On a TTM basis, Chicago Atlantic Real Estate Finance's Share-based Compensation (IS) came in at $3.7 million as of Jun 30, 2026, up 15.6% year-over-year; for FY2025, it was $3.4 million, up 9.7% from FY2024.
- Annual Share-based Compensation (IS) has increased for three straight years, with a three-year compound annual growth rate of 104.1% (FY2022 to FY2025).
- Across earlier years, Share-based Compensation (IS) came in at $3.1 million in FY2024 (+106.7%), $1.5 million in FY2023 (+275.0%) and $400,000 in FY2022.
- Quarterly Share-based Compensation (IS) has ranged from $71,644 in Q4 2022 to $1 million in Q3 2025 over the past five years.
- On a year-over-year basis, Share-based Compensation (IS) rose in six of the last eight quarters, with growth averaging 25.3%.
- The year-over-year growth in Share-based Compensation (IS) has ranged between 0.0% (Q4 2025) and 737.5% (Q4 2023) over the last five years.
- Per Business Quant, the preceding three quarters came in at $900,000 (Q1 2026), $900,000 (Q4 2025) and $1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Chicago Atlantic Real Estate Finance | 213.57 Mn | 128.49 Mn | - | 900,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 900,000.00 |
| Mar 31, 2026 | 900,000.00 |
| Dec 31, 2025 | 900,000.00 |
| Sep 30, 2025 | 1.00 Mn |
| Jun 30, 2025 | 900,000.00 |
| Mar 31, 2025 | 600,000.00 |
| Dec 31, 2024 | 900,000.00 |
| Sep 30, 2024 | 800,000.00 |
| Jun 30, 2024 | 868,707.00 |
| Mar 31, 2024 | 531,293.00 |
| Dec 31, 2023 | 600,000.00 |
| Sep 30, 2023 | 497,821.00 |
| Jun 30, 2023 | 263,844.00 |
| Mar 31, 2023 | 138,335.00 |
| Dec 31, 2022 | 71,644.00 |
| Sep 30, 2022 | 84,891.00 |
| Jun 30, 2022 | 122,525.00 |
| Mar 31, 2022 | 120,940.00 |
Chicago Atlantic Real Estate Finance Share-based Compensation (IS) 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=share-based-compensation-is&ticker=REFI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation-is", "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=share-based-compensation-is&ticker=REFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();