Revenue
19.3 million USD
2026 Q2 · USD
Exact inputs and evidence
- Revenue: 19337000 USD Source
Fundies. English
NexPoint Diversified Real Estate Trust
EDGARAnnual consolidated revenue for 2025: about USD 85.97M, using the latest reported figures. The previous period, 2024, was about USD 83.22M.
Latest quarter
Operating margin
10.94%
2026 Q2 · %
Operating cash flow
-4.63 million USD
2026 Q2 · USD
- Cash and cash equivalents
- 11.7 million USD Source
Exact value
11666000 USD
- Long-term debt including current maturities
- Not available
- Shares outstanding
- 53.1 million shares Source
Exact value
53106027 shares
Reported share-count change
11.99% · 5.68 million shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
78.1 million USD
2025-07-01 – 2026-06-30
Net income
-73.5 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
Operating cash flow
-3.12 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
- Operating cash flow: 7986000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: 7151000 USD · 2025-01-01 – 2025-06-30 Source
- Operating cash flow: 9166000 USD · 2025-01-01 – 2025-12-31 Source
- Operating cash flow: 7986000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: -498000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: -5131000 USD · 2026-01-01 – 2026-06-30 Source
- Operating cash flow: -498000 USD · 2026-01-01 – 2026-03-31 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-08-14.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 3 of 11 periods available· newest 2025-12-31
- Operating income: 3 of 11 periods available· newest 2025-12-31
- Net income: 4 of 11 periods available· newest 2025-12-31
- Operating cash flow: 4 of 11 periods available· newest 2025-12-31
- capital expenditure: No compatible figures in this window
- Total assets: 3 of 11 periods available· newest 2025-12-31
- Total liabilities: 3 of 11 periods available· newest 2025-12-31
- current assets: No compatible figures in this window
- current liabilities: No compatible figures in this window
- Cash and cash equivalents: 3 of 11 periods available· newest 2025-12-31
- long term debt: No compatible figures in this window
- Shares outstanding: 3 of 11 periods available· newest 2025-12-31
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+3.3%Prior period
USD 83.22 million
–
Current period
USD 85.97 million
–
Exact inputs and evidence
85965000 − 83222000 = 2743000 USD
83222000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source85965000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
−USD 78.84 millionPrior period
−USD 51.35 million
–
Current period
−USD 130.19 million
–
Exact inputs and evidence
-130192000 − -51349000 = -78843000 USD
-51349000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-130192000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+USD 20.83 millionPrior period
−USD 11.67 million
–
Current period
USD 9.17 million
–
Exact inputs and evidence
9166000 − -11665000 = 20831000 USD
-11665000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source9166000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 85.97 million 100% of revenue
- Operating costs Derived USD 87.35 million 102% of revenue
- Operating income −USD 1.38 million −1.6% of revenue
- Tax, interest and other Derived USD 128.81 million 150% of revenue
- Net income −USD 130.19 million −151% of revenue
Cash
- Operating cash flow USD 9.17 million 11% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2023 Net loss: net income was −193% of revenue.
- 2024 Operating loss: operating costs were 105% of revenue.
- 2025 Operating loss: operating costs were 102% of revenue.
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2023 2023-01-01 – 2023-12-31 | 63284000 | 51703000 Derived | 11581000 | 133441000 Derived | -121860000 | Unavailable | Source
|
| 2024 2024-01-01 – 2024-12-31 | 83222000 | 87373000 Derived | -4151000 | 47198000 Derived | -51349000 | Unavailable | Source
|
| 2025 2025-01-01 – 2025-12-31 | 85965000 | 87347000 Derived | -1382000 | 128810000 Derived | -130192000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 86M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2023 | Revenue | 63284000 |
|
| 2024 | Revenue | 83222000 |
|
| 2025 | Revenue | 85965000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
3.3% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Year over year | No prior comparable period |
|
| 2024 | Year over year | 31.5% |
|
| 2025 | Year over year | 3.3% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin -1.6% 2025
Net margin -151.4% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Operating margin | 18.3% |
|
| 2024 | Operating margin | -5% |
|
| 2025 | Operating margin | -1.6% |
|
| 2023 | Net margin | -192.6% |
|
| 2024 | Net margin | -61.7% |
|
| 2025 | Net margin | -151.4% |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 9.2M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2023 | Operating cash flow | -24266000 |
|
| 2024 | Operating cash flow | -11665000 |
|
| 2025 | Operating cash flow | 9166000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
32.9% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Liabilities / assets | 19.4% |
|
| 2024 | Liabilities / assets | 31.9% |
|
| 2025 | Liabilities / assets | 32.9% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2024-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2025-12-31 | Current assets / current liabilities | Not reported | No source recorded |
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2021 2021-01-01 – 2021-12-31 | USD 245.46 million Exact valueExact value: 245455000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 38.07 million Exact valueExact value: 38066000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2023-01-01 – 2023-12-31 | −USD 121.86 million Exact valueExact value: -121860000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 24.27 million Exact valueExact value: -24266000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2024-01-01 – 2024-12-31 | −USD 51.35 million Exact valueExact value: -51349000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 11.67 million Exact valueExact value: -11665000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2025-01-01 – 2025-12-31 | −USD 130.19 million Exact valueExact value: -130192000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 9.17 million Exact valueExact value: 9166000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
23 filings · 1,068 latest values · 1,068 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001356115, 1356115, edgar:1356115
Also known as Highland Credit Strategies Fund, NEXPOINT DIVERSIFIED REAL ESTATE TRUST, NexPoint Credit Strategies Fund, NexPoint Diversified Real Estate Trust, NexPoint Strategic Opportunities Fund, Pyxis Credit Strategies Fund