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
DateValue
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