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Chicago Atlantic Real Estate Finance, Inc. (REFI) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Real Estate · REIT - Mortgage · DATA UPDATED 2026-07-09

Chicago Atlantic Real Estate Finance, Inc. (REFI) operates in the REIT - Mortgage industry and is headquartered in Miami Beach, United States. Its market capitalization is roughly $228 million. In the fiscal year ended 2025-12-31, REFI reported $56M in revenue and $36M in net income.

Chicago Atlantic Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States. It engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties.

Interactive charts & full statements → Open the REFI valuation workbench →

REFI Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-31
Total Revenue$56M$55M$57M$49M
Net Income$36M$37M$39M$32M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

REFI Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-31
Total Revenue$13M$14M$14M$15M$13M
Net Income$5M$8M$9M$9M$10M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

REFI Free Cash Flow History

Cash flow2025-12-312024-12-312023-12-312022-12-31
Dividends Paid($44M)($42M)($39M)($28M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

REFI Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Dividends Paid($10M)($10M)($10M)($10M)($14M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

REFI Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Assets$425M$435M$359M$343M
Total Liabilities$117M$126M$87M$79M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive REFI viewer.

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