Chicago Atlantic Real Estate Finance (REFI) Total Debt (2021 - 2026)

Chicago Atlantic Real Estate Finance's (REFI) quarterly Total Debt came in at $67.0 million in Q1 2026, up 76.45% year-on-year from $38.0 million in Q1 2025, and up 36.56% quarter-over-quarter from $49.1 million in Q4 2025.

Chicago Atlantic Real Estate Finance (REFI) Total Debt (2021 - 2026) Analysis & Trends

Chicago Atlantic Real Estate Finance has disclosed Total Debt across 6 years of filings, most recently posting $67.0 million for Q1 2026.

  • Total Debt for Q1 2026 came in at $67.0 million, up 76.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $67.0 million (up 76.45% YoY), and the FY2025 annual result was $49.1 million, down 10.73% from the prior year.
  • Total Debt came in at $67.0 million for Q1 2026 at Chicago Atlantic Real Estate Finance, up from $49.1 million in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $81.2 million in Q1 2024 to a low of $37.5 million in Q1 2023.
  • The 5-year median for Total Debt is $54.6 million (2022), against an average of $57.1 million.
  • Across the five-year window, Total Debt jumped 3021.54% in 2022 and sank 53.23% in 2025, its largest moves.
  • Chicago Atlantic Real Estate Finance's Total Debt stood at $59.4 million in 2022, then advanced by 11.12% to $66.0 million in 2023, then dropped by 16.67% to $55.0 million in 2024, then slipped by 10.73% to $49.1 million in 2025, then jumped by 36.56% to $67.0 million in 2026.
  • The last three Total Debt figures came in at $67.0 million (Q1 2026), $49.1 million (Q4 2025), and $52.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 30.72 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - 87.60 Bn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 4.29 Bn
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 782.22 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 18.46 Bn
8 Ellington Financial 1.67 Bn 1.39 Bn - -
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 111.20 Mn
10 Chicago Atlantic Real Estate Finance 237.79 Mn 209.93 Mn - 67.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 67.05 Mn
Dec 31, 2025 49.10 Mn
Sep 30, 2025 52.40 Mn
Jun 30, 2025 71.20 Mn
Mar 31, 2025 38.00 Mn
Dec 31, 2024 55.00 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 59.40 Mn
Sep 30, 2022 54.20 Mn
Jun 30, 2022 45.00 Mn
Dec 31, 2021 1.90 Mn