NexPoint Real Estate Finance, Inc. (NREF)

NREF Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	106.56	74.52	68.55	77.99	55.83	45.29
Total Interest Expense	42.26	44.37	51.56	40.26	29.77	21.31
Net Interest Income	64.31	30.15	16.99	37.73	26.06	23.98
Gain (Loss) on Sale of Investments	40.69	35.87	25.3	-8.9	70.97	19.88
Other Revenue	53.35	6.35	4.1	11.72	0.53	-0.12
Revenue Before Loan Losses	158.34	72.37	46.39	40.55	97.56	43.74
Provision for Loan Losses	8.91	-0.72	4.3	0.17	0.19	0.32
Revenue	149.44	73.09	42.09	40.38	97.37	43.42
Revenue Growth (YoY)	104.25%	73.65%	4.24%	-58.53%	124.26%	28.99%
Salaries & Employee Benefits	4.38	6.07	4.41	3.29	2.02	-
Cost of Services Provided	18.62	12.19	12.26	11.5	11.82	9.25
Other Operating Expenses	11.88	18.38	6.68	11.4	0.05	-
Total Operating Expenses	34.88	36.64	23.35	26.18	13.9	9.25
Operating Income	114.55	36.45	18.74	14.2	83.47	34.17
EBT Excluding Unusual Items	114.55	36.45	18.74	14.2	83.47	34.17
Other Unusual Items	-0.3	-0.49	-	0.02	-	-
Pretax Income	114.25	35.96	18.74	14.21	83.47	34.17
Earnings From Continuing Ops.	114.25	35.96	18.74	14.21	83.47	34.17
Minority Interest in Earnings	-17.83	-6.77	-4.77	-7.47	-40.39	-21.32
Net Income	96.42	29.19	13.98	6.75	43.09	12.85
Preferred Dividends & Other Adjustments	24.21	11.5	3.58	3.51	3.51	1.75
Net Income to Common	72.21	17.69	10.4	3.23	39.58	11.1
Net Income Growth	210.30%	108.89%	107.16%	-84.34%	235.37%	-
Shares Outstanding (Basic)	18	17	17	15	7	5
Shares Outstanding (Diluted)	31	17	17	15	20	19
Shares Change (YoY)	49.30%	1.18%	17.11%	-27.89%	9.21%	-
EPS (Basic)	4.10	1.02	0.60	0.22	6.00	2.13
EPS (Diluted)	3.20	1.02	0.60	0.22	3.93	1.74
EPS Growth	142.14%	69.45%	172.73%	-94.40%	125.83%	-
Dividend Per Share	2.000	2.000	2.000	2.000	1.900	1.420
Dividend Growth	-	-	-	5.26%	33.82%	-
Operating Margin	76.66%	49.87%	44.52%	35.16%	85.73%	78.70%
Profit Margin	48.32%	24.21%	24.71%	8.01%	40.65%	25.56%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q