NexPoint Real Estate Finance, Inc. (NREF) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 9.4M | -4.54M | 8.1M | 3.32M | 16.04M | 4.36M | 14.72M | -7.5M | 17.71M | 3.13M | 5.95M | 7.53M | 14.95M | 3.19M | 11.23M | 12.87M | 38.51M | 12.07M | 14.38M | 13.77M |
| Operating CF Growth % | -41.39% | -204.06% | -45% | 144.22% | -9.44% | 39.35% | 147.22% | -199.71% | 18.47% | -2.1% | -46.98% | -41.52% | -61.18% | -73.53% | -21.95% | -6.52% | 324.32% | 1.72% | 57.64% | 103.5% |
| Operating CF / Revenue % | 27.82% | -13.46% | 24.93% | 6.97% | 39.13% | 11.49% | 42.94% | -38.01% | 96.37% | 11.55% | -54.85% | 115.61% | 1125.75% | 1001.57% | -630.38% | 184.43% | 211.88% | 49.25% | 206.33% | 208.66% |
| Net Income | 10.04M | 21.39M | 50.86M | 22.27M | 25.96M | 15.16M | 23.33M | 9.84M | -14.64M | 14.59M | -17.05M | 8.48M | 9.38M | -4.28M | -8.69M | 8.45M | 18.74M | 20.96M | 25.19M | 12.25M |
| Depreciation & Amortization | 5.35M | 631K | 620K | 614K | 1.08M | 1.11M | 1.1M | 1.08M | 2.32M | 1.03M | 476K | 478K | 476K | 460K | 545K | 946K | 944K | 15.77M | 0 | 0 |
| Stock-Based Compensation | 1.41M | 1.51M | 1.5M | 1.69M | 1.28M | 1.41M | 1.41M | 1.45M | 1.8M | 1.02M | 1.28M | 1.26M | 847K | 872K | 870K | 871K | 673K | 538K | 538K | 556K |
| Other Non-Cash Items | -17.67M | -23.45M | -37.01M | -10.25M | -15.8M | -7.91M | -14.67M | -5.32M | 23.49M | -8.67M | 23.55M | 1.25M | 873K | 12.64M | 20.29M | 4.52M | 15.41M | -6.77M | -11.93M | -2.44M |
| Working Capital Changes | 10.28M | -3.1M | -7.88M | -11M | 3.51M | -5.41M | 3.54M | -14.56M | 4.75M | -2.56M | -3.4M | -3.94M | 3.38M | -6.5M | -1.78M | -1.93M | 2.75M | -2.66M | 590K | 3.39M |
| Cash from Investing | 84.69M | 41.88M | 190.07M | 18.3M | 71.28M | 220.6M | 138.93M | 51.6M | 545.41M | 101.86M | 208.11M | 364.65M | 66.73M | 99.66M | 141.61M | 498.2M | 211.1M | 321.34M | 151.47M | -26.34M |
| Acquisitions (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.81M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29.79M | 0 | 0 |
| Purchase of Investments | 0 | -4.64M | -43M | -46.18M | -60.92M | 68.51M | -14.39M | -39.82M | -76.34M | -14.51M | -1.56M | -20K | -6.73M | -7.98M | -76.91M | -57.21M | -11.64M | -63.38M | -82.94M | -97.32M |
| Sale of Investments | 0 | 70M | 392K | -18K | 18K | 9.64M | 68.75M | 125.74M | 171.08M | -5K | 44.79M | 29K | 517K | 518K | 6.96M | 529.45M | 211.28M | 0 | 0 | 3.92M |
| Other Investing | 84.69M | -23.48M | 232.68M | 64.5M | 132.19M | 142.45M | 84.56M | -34.33M | 374.33M | 100.04M | 164.88M | 364.62M | 72.95M | 107.12M | 211.56M | 25.97M | 222.75M | 384.71M | 234.41M | -26.34M |
| Cash from Financing | -103.2M | -24.55M | -190.35M | -31.37M | -70.89M | -256.62M | -122.25M | -56.06M | -560.48M | -101.25M | -222.72M | -390.92M | -61.7M | -108.99M | -180.3M | -492.55M | -247.43M | -324.75M | -171.96M | 27.77M |
| Dividends Paid | -19.39M | -17.93M | -16.41M | -13.34M | -14.05M | -13.99M | -11.08M | -11.08M | -9.53M | -13.45M | -12.68M | -12.68M | -12.64M | -8.37M | -8.36M | -8.36M | -8.07M | -5.24M | -5.23M | -3.95M |
| Common Dividends | -12.32M | 0 | -8.36M | -8.86M | -8.77M | -9.66M | -7.8M | -8.73M | -8.65M | -12.57M | -11.8M | -11.8M | -11.77M | -7.49M | -7.49M | -7.47M | -7.2M | -4.35M | -4.35M | -3.07M |
| Debt Issuance (Net) | -1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -267K | -530K | 0 | 0 | 0 | 0 | -50.8M | 0 | 0 |
| Other Financing | -88.89M | -102.5M | -115.87M | -82.91M | -113.56M | -174.09M | -106.95M | -94.98M | -149.71M | -88.13M | -174.04M | -351.27M | -67.5M | -286.31M | -182.19M | -449.66M | -197.64M | -359.55M | -146.87M | 22.86M |
| Net Change in Cash | -9.11M | 12.79M | 7.82M | -9.75M | 16.43M | -31.65M | 31.39M | -11.97M | 2.64M | 3.73M | -8.66M | -18.75M | 19.98M | -6.13M | -27.46M | 18.52M | 2.19M | 8.65M | -6.1M | 15.19M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 34.35M | 21.56M | 13.74M | 23.49M | 7.05M | 38.71M | 7.32M | 19.29M | 16.65M | 12.92M | 21.58M | 40.33M | 20.35M | 26.48M | 53.94M | 35.42M | 33.23M | 24.58M | 30.68M | 15.49M |
| Cash at End | 25.25M | 34.35M | 21.56M | 13.74M | 23.49M | 7.05M | 38.71M | 7.32M | 19.29M | 16.65M | 12.92M | 21.58M | 40.33M | 20.35M | 26.48M | 53.94M | 35.42M | 33.23M | 24.58M | 30.68M |
| Free Cash Flow | 9.4M | -4.54M | 8.1M | 3.32M | 16.04M | 4.36M | 14.72M | -7.5M | 17.71M | 3.13M | 5.95M | 7.53M | 14.95M | 3.19M | 11.23M | 12.87M | 38.51M | 12.07M | 14.38M | 13.77M |
| FCF Growth % | -41.39% | -204.06% | -45% | 144.22% | -9.44% | 39.35% | 147.22% | -199.71% | 18.47% | -2.1% | -46.98% | -41.52% | -61.18% | -73.53% | -21.95% | -6.52% | 324.32% | 1.72% | 57.64% | 103.5% |
| FCF / Revenue % | 27.82% | -13.46% | 24.93% | 6.97% | 39.13% | 11.49% | 42.94% | -38.01% | 96.37% | 11.55% | -54.85% | 115.61% | 1125.75% | 1001.57% | -630.38% | 184.43% | 211.88% | 49.25% | 206.33% | 208.66% |