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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›NREF›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

NexPoint Real Estate Finance, Inc. (NREF) financials

Income statement

NexPoint Real Estate Finance, Inc. (NREF) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Net income$34.2M$83.5M$14.2M$18.7M$36.0M$123M
EPS (diluted)$1.74$3.93$0.22$0.60$1.02$2.85

Cash flow

NexPoint Real Estate Finance, Inc. (NREF) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$32.9M$49.3M$65.8M$31.6M$29.3M$22.9M
Share buybacks$4.79M$0.00$0.00———
Dividends paid$7.38M$14.2M$29.7M$48.0M$34.8M$35.3M

Balance sheet

NexPoint Real Estate Finance, Inc. (NREF) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$30.2M$26.5M$20.0M$13.8M$3.88M$31.1M
Total assets$6.18B$8.51B$8.15B$7.02B$5.42B$5.32B
Total liabilities$5.77B$8.01B$7.61B$6.57B$4.84B$4.49B
Long-term debt$1.04B$1.28B$1.35B$1.27B$799M$771M
Shareholders' equity$128M$245M$449M$347M$336M$388M
Retained earnings$3.48M$28.4M$4.43M-$35.8M-$54.9M-$16.5M
Shares (wtd avg diluted)18.6M20.4M14.7M17.2M17.4M42.0M

Every figure is extracted from NexPoint Real Estate Finance, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

Does NREF pay a dividend?
Yes — NexPoint Real Estate Finance, Inc. paid $35.3M in cash dividends during FY2025, per its SEC cash-flow statement.
Full NREF analysis — verdict, score & filings →Is NREF a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.