# NexPoint Real Estate Finance, Inc.: overview NREF · NYSE · CIK 1786248 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/nref.md) · [Financials](/companies/nref/financials.md) · [Filings](/companies/nref/filings.md) · [Insiders](/companies/nref/insiders.md) Revenue is not reported in this company’s XBRL financial statements. ## Last eight quarters | Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $ | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Net margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Diluted EPS | $ per share | [0.74](/filings/0001628280-25-052000.md) | not reported | [0.70](/filings/0001193125-26-226577.md) | [0.54](/filings/0001193125-26-347504.md) | [1.14](/filings/0001628280-25-052000.md) | not reported | [0.42](/filings/0001193125-26-226577.md) | [0.29](/filings/0001193125-26-347504.md) | | Free cash flow | $ | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | - Revenue. XBRL not reported. - Gross margin (gross profit / revenue). XBRL not reported. - Operating margin (operating income / revenue). XBRL not reported. - Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $ | not reported | not reported | not reported | not reported | not reported | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | not reported | not reported | not reported | not reported | not reported | | Net margin | % | not reported | not reported | not reported | not reported | not reported | | Diluted EPS | $ per share | [3.93](/filings/0001786248-24-000004.md) | [0.22](/filings/0001786248-25-000004.md) | [0.60](/filings/0001193125-26-134672.md) | [1.02](/filings/0001193125-26-134672.md) | [2.85](/filings/0001193125-26-134672.md) | | Free cash flow | $ | not reported | not reported | not reported | not reported | not reported | - Revenue. XBRL not reported. - Gross margin (gross profit / revenue). XBRL not reported. - Operating margin (operating income / revenue). XBRL not reported. - Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nref/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [NEXPOINT ASSET MANAGEMENT, L.P.](/funds/1469877.md) | 2026-06-30 | $146.3m | 9,439,635 | | Unchanged | | [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $9.7m | 624,275 | | Added +30,273 | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $5.4m | 346,323 | | Added +36,847 | | [RAYMOND JAMES FINANCIAL INC](/funds/720005.md) | 2026-06-30 | $4.5m | 292,853 | | Reduced −6,099 | | [INDEPENDENT FINANCIAL GROUP, LLC](/funds/275484.md) | 2026-06-30 | $4.4m | 281,010 | | Added +4,409 | | [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $3.0m | 195,067 | | Added +3,319 | | [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $2.8m | 182,678 | | Added +3,429 | | [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $2.7m | 173,362 | | Reduced −2,200 | | [O'SHAUGHNESSY ASSET MANAGEMENT, LLC](/funds/1423442.md) | 2026-06-30 | $2.4m | 155,328 | | Reduced −387 | | [Copley Financial Group, Inc.](/funds/2045258.md) | 2026-06-30 | $1.7m | 110,587 | | Added +80 | ## Recent filings [All 452 filings](/companies/nref/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-08-20 | 16:16 ET | [8-K](/filings/0001437749-26-028639.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001437749-26-028639 | | 2026-08-13 | 21:15 ET | [10-Q](/filings/0001193125-26-347504.md) | Quarterly report, period 2026-06-30 | 0001193125-26-347504 | | 2026-08-06 | 06:38 ET | [8-K](/filings/0001193125-26-336594.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-336594 | | 2026-06-02 | 16:18 ET | [8-K](/filings/0001437749-26-019167.md) | 5.07 Shareholder vote results | 0001437749-26-019167 | | 2026-05-15 | 16:01 ET | [10-Q](/filings/0001193125-26-226577.md) | Quarterly report, period 2026-03-31 | 0001193125-26-226577 | | 2026-05-13 | 16:36 ET | [8-K](/filings/0001437749-26-016756.md) | 1.01 Entry into a material agreement | 0001437749-26-016756 | | 2026-04-30 | 16:15 ET | [8-K](/filings/0001437749-26-014211.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001437749-26-014211 | | 2026-04-30 | 07:30 ET | [8-K](/filings/0001193125-26-194015.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-194015 | | 2026-04-20 | 08:00 ET | [DEF 14A](/filings/0001437749-26-012765.md) | Proxy statement, period 2026-06-02 | 0001437749-26-012765 | | 2026-04-03 | 16:27 ET | [8-K](/filings/0001437749-26-011262.md) | 1.01 Entry into a material agreement | 0001437749-26-011262 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-134672.md), filed Mar 31, 2026. ## Forecast league Not in this season’s league. [This season’s league](/leagues.md) ## About the filer - CIK: 1786248 - Tickers: NREF, NREF-PA - Exchange: NYSE - SIC code: 6798 Real Estate Investment Trusts - State of incorporation: MD - Filer category: Non-accelerated filer
Smaller reporting company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:47 ET. No prices; not investment advice.