Chicago Atlantic Real Estate Finance (REFI) Total Debt (2022 - 2026)
Chicago Atlantic Real Estate Finance (REFI) reported Total Debt of $116.4 million for Q1 2026, up 33.6% on a YoY basis from $87.2 million in Q1 2025, and up 18.3% sequentially from $98.4 million in Q4 2025.
Chicago Atlantic Real Estate Finance (REFI) Total Debt (2022 - 2026) Analysis & Trends
Chicago Atlantic Real Estate Finance (REFI) has 5 years of Total Debt data on file, last reported at $116.4 million in Q1 2026.
- For the quarter ending Q1 2026, Total Debt rose 33.6% year-over-year to $116.4 million; the trailing twelve-month figure through Mar 2026 stood at $116.4 million (up 33.6% YoY), and the FY2025 full-year result was $98.4 million, down 5.44% from the prior year.
- Total Debt improved to $116.4 million in Q1 2026, from $98.4 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $120.4 million in Q2 2025 to a low of $37.5 million in Q1 2023.
- A 5-year average of $75.4 million and a median of $71.4 million in 2023 frame the typical range for Total Debt.
- Peak annual rise in Total Debt reached 116.67% in 2024, while the deepest fall reached 14.29% in 2024.
- Tracing REFI's Total Debt over 5 years: stood at $58.0 million in 2022, then rose by 13.79% to $66.0 million in 2023, then surged by 57.72% to $104.1 million in 2024, then declined by 5.44% to $98.4 million in 2025, then increased by 18.3% to $116.4 million in 2026.
- Business Quant data shows REFI's Total Debt at $116.4 million in Q1 2026, $98.4 million in Q4 2025, and $101.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 1.10 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 87.62 Bn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 18.85 Bn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 782.22 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 264.44 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 19.44 Bn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 111.20 Mn |
| 10 | Chicago Atlantic Real Estate Finance | 212.49 Mn | 184.63 Mn | - | 116.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 116.44 Mn |
| Dec 31, 2025 | 98.43 Mn |
| Sep 30, 2025 | 101.67 Mn |
| Jun 30, 2025 | 120.42 Mn |
| Mar 31, 2025 | 87.16 Mn |
| Dec 31, 2024 | 104.10 Mn |
| Sep 30, 2024 | 54.00 Mn |
| Jun 30, 2024 | 76.75 Mn |
| Mar 31, 2024 | 81.25 Mn |
| Dec 31, 2023 | 66.00 Mn |
| Sep 30, 2023 | 63.00 Mn |
| Jun 30, 2023 | 43.00 Mn |
| Mar 31, 2023 | 37.50 Mn |
| Dec 31, 2022 | 58.00 Mn |
| Sep 30, 2022 | 53.00 Mn |
| Jun 30, 2022 | 45.00 Mn |