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Other financials

Income statement

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Net income$7.5M-15.8%
EPS (diluted)$0.34-17.1%

Balance sheet

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Cash & equivalents$13.4M-62.5%
Total debt$49.5M+0.5%
Total equity$301.6M-2.7%
Total assets$461.7M+1.4%

Cash flow

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Operating cash flow$9.1M+40.1%
CapEx$10.1M+2.8%
Free cash flow$9.1M+43.2%

Valuation

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Market cap$282.09M-0.5%
Enterprise value$318.19M+7.1%
P/E9.6×+2.1×
P/S4.6×+0.1×

Profitability

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Net margin47.7%-12.4pp
FCF margin25.4%

Returns & leverage

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Return on equity9.6%-3.0pp
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:InterestIncomeOperating.

The source filing: Chicago Atlantic Real Estate Finance’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 7:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-343398
Line itemFor the three months ended June 30, 2026For the three months ended June 30, 2025For the six months ended June 30, 2026For the six months ended June 30, 2025
Revenues
Interest income$15,219,022$16,502,035$30,383,710$31,609,350
Interest expense(2,384,377)(2,077,048)(4,424,979)(4,142,430)
Net interest income12,834,64514,424,98725,958,73127,466,920
Expenses
Management and incentive fees, net1,604,3281,932,9573,323,8233,668,490
General and administrative expense1,529,0351,271,1242,680,5082,467,231
Professional fees495,084480,113998,633973,059

Item 1. Financial Statements

FAQ

What is Chicago Atlantic Real Estate Finance's total revenue?
Chicago Atlantic Real Estate Finance (REFI) reported total revenue of $15.22M in Q2 2026.
How has Chicago Atlantic Real Estate Finance's total revenue changed year-over-year?
Chicago Atlantic Real Estate Finance's total revenue decreased by 7.8% year-over-year, from $16.5M to $15.22M.
What is the long-term trend for Chicago Atlantic Real Estate Finance's total revenue?
Over 3 years (2022 to 2025), Chicago Atlantic Real Estate Finance's total revenue has grown at a 8.8% compound annual growth rate (CAGR), from $48.86M to $62.94M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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