NexPoint Real Estate Finance, Inc.

NREFNYSEReal Estate● Active

$15.93

$-0.01(-0.03%)

Market Cap$300154400

P/E Ratio—

52W High$16.12

52W Low$12.36

Avg Volume55K

Open$16.00

Beta1.16

Cash on Hand Financials Revenue

NexPoint Real Estate Finance, Inc. (NREF) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

NREF · cash on hand · updated Dec 31, 2025

Core cash position

as of Dec 31, 2025

Cash & Short-Term Investments (CCE + ST Investments)

$34.4M▲ +786.1% vs prior year

FY · as of Dec 31, 2025 · Reported in USD

Cash & Cash Equiv. (CCE)

$34.4M

cashAndCashEquivalents

Short-Term Investments

shortTermInvestments

YoY Change vs Prior Year

+786.1%

vs prior fiscal year

Latest Quarter

$25.2M

Q1 2026

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$34.4MCash on Hand

Total Debt$4.46BTotal Debt

Net Cash / Net Debt−$4.43BNet Debt Position

Cash vs Debt Ratio

Cash 1%NexPoint Real Estate Finance, Inc. cash as % of market cap: 11.45%% · MCap $0BDebt 99%

NexPoint Real Estate Finance, Inc. carries a net debt position of $4.43B. Total debt ($4.46B) exceeds cash on hand ($34.4M). NexPoint Real Estate Finance, Inc. cash vs debt ratio: 1% cash / 99% debt.

Net Cash = Cash & ST Investments − Total Debt$34.4M − $4.46B = −$4.43B

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

NREF annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

NREF cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2025LatestFY$34.4M+786.1%

Dec 31, 2024FY$3.9M-72.0%

Dec 31, 2023FY$13.8M-31.0%

Dec 31, 2022FY$20.0M-24.2%

Dec 31, 2021FY$26.5M-12.5%

NREF cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Real Estate Sector Cash Reserves Comparison

NREF vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

American Tower Corporation

NexPoint Real Estate Finance, Inc.YOU

NREF

$34.4M$301M11.4%

Real Estate sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

NexPoint Real Estate Finance, Inc. (NREF) cash on hand as of December 31, 2025 is $34.4M, comprising $34.4M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as NexPoint Real Estate Finance, Inc. cash and short-term investments on the balance sheet (10-K filing). Also referred to as NexPoint Real Estate Finance, Inc. cash reserves or cash position.

NexPoint Real Estate Finance, Inc. annual cash on hand history shows increased +786.1% in 2025: increased +786.1% in 2025. NexPoint Real Estate Finance, Inc. cash reserves in 2025 reflect the company's capital allocation strategy.

NexPoint Real Estate Finance, Inc. carries total debt of $4.46B against cash of $34.4M, resulting in a net debt position of -$4.43B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

NREF cash on hand · 5 questions

As of December 31, 2025, NexPoint Real Estate Finance, Inc. (NREF) has $34,354,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $34,354,000 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $25,247,000. Data sourced from the annual 10-K filing via FMP.

NREF cash on handNREF cash reservesNREF cash 2025how much cash does NREF have

▸ Source: FMP /balance-sheet-statement · US GAAP · NexPoint Real Estate Finance, Inc. · NexPoint Real Estate Finance, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025