Operating

Paid-in-kind interest income

Chicago Atlantic Real Estate Finance Paid-in-kind interest income decreased by 28.7% to $1.28M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 20.1%, from $1.60M to $1.28M. Over 2 years (FY 2023 to FY 2025), Paid-in-kind interest income shows a downward trend with a -19.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2022
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase suggests the company holds debt instruments or loans that accrue interest, potentially indicating a secondary lending or investment strategy.

Detailed definition

Interest income that is added to the principal balance of an investment rather than being paid in cash. This represents...

Peer comparison

Less common for pure-play operators; more frequent in firms with diversified investment portfolios.

Metric ID: operating_interest_income_operating_paid_in_kind

Historical Data

14 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.82M$2.26M$2.09M$2.00M$3.11M$3.01M$2.79M$1.89M$1.46M$1.60M$1.52M$1.26M$1.79M$1.28M
QoQ Change-20.1%-7.4%-4.4%+55.9%-3.4%-7.2%-32.5%-22.6%+9.3%-4.6%-17.4%+42.4%-28.7%
YoY Change+10.3%+33.3%+33.7%-5.6%-53.1%-47.0%-45.5%-33.4%+22.6%-20.1%
Range$1.26M$3.11M
CAGR-21.7%
Avg YoY Growth-10.5%
Median YoY Growth-12.8%

Frequently Asked Questions

What is Chicago Atlantic Real Estate Finance's paid-in-kind interest income?
Chicago Atlantic Real Estate Finance (REFI) reported paid-in-kind interest income of $1.28M in Q1 2026.
How has Chicago Atlantic Real Estate Finance's paid-in-kind interest income changed year-over-year?
Chicago Atlantic Real Estate Finance's paid-in-kind interest income decreased by 20.1% year-over-year, from $1.60M to $1.28M.
What is the long-term trend for Chicago Atlantic Real Estate Finance's paid-in-kind interest income?
Over 2 years (2023 to 2025), Chicago Atlantic Real Estate Finance's paid-in-kind interest income has grown at a -19.3% compound annual growth rate (CAGR), from $9.46M to $6.16M.
What does paid-in-kind interest income mean?
Interest earned that increases the investment balance instead of providing cash.