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Other financials

Income statement

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Revenue$15.2M+0.4%
Net income$4.8M-51.8%
EPS (diluted)$0.23-51.1%

Balance sheet

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Cash & equivalents$27.9M+182%
Total debt$49.4M+0.5%
Total equity$303.4M-2.4%
Total assets$435.9M+5.1%

Cash flow

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Operating cash flow$3.2M-58.5%
CapEx$10.1M+2.8%
Free cash flow-$6.9M-216%

Valuation

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Market cap$252.09M-9.1%
Enterprise value$273.63M-6.0%
P/E8.2×+0.9×
P/S-0.4×

Profitability

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Net margin48.9%-13.1pp
FCF margin20.5%

Returns & leverage

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Return on equity10%-2.8pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Chicago Atlantic Real Estate Finance in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalFees.

The source filing: Chicago Atlantic Real Estate Finance’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 7:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-210274
Line itemFor the three months ended March 31, 2026For the three months ended March 31, 2025
Expenses
Management and incentive fees, net1,719,4951,735,533
General and administrative expense1,151,4741,196,106
Professional fees503,548492,946
Stock based compensation865,354649,312
Provision (benefit) for current expected credit losses3,837,851(1,073,276)
Total expenses8,077,7223,000,621
Change in unrealized loss on investment(206,000)-

Item 1. Financial Statements

FAQ

What is Chicago Atlantic Real Estate Finance's professional fees?
Chicago Atlantic Real Estate Finance (REFI) reported professional fees of $503.55K in Q1 2026.
How has Chicago Atlantic Real Estate Finance's professional fees changed year-over-year?
Chicago Atlantic Real Estate Finance's professional fees increased by 2.2% year-over-year, from $492.95K to $503.55K.
What is the long-term trend for Chicago Atlantic Real Estate Finance's professional fees?
Over 3 years (2022 to 2025), Chicago Atlantic Real Estate Finance's professional fees has grown at a -3.4% compound annual growth rate (CAGR), from $2.15M to $1.94M.
What does professional fees mean?
Fees paid to external professionals including lawyers, auditors, management consultants, tax advisors, and other specialized service providers.

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