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Side-by-side financial comparison of CuriosityStream Inc. (CURI) and NexPoint Real Estate Finance, Inc. (NREF). Click either name above to swap in a different company.
CuriosityStream Inc. is the larger business by last-quarter revenue ($19.2M vs $11.1M, roughly 1.7× NexPoint Real Estate Finance, Inc.). NexPoint Real Estate Finance, Inc. runs the higher net margin — 216.6% vs -19.7%, a 236.4% gap on every dollar of revenue. On growth, CuriosityStream Inc. posted the faster year-over-year revenue change (35.8% vs -48.8%).
Curiosity Stream Inc., formerly branded as CuriosityStream, is an American media company and over-the-top subscription video streaming service which offers documentary programming including films, series, and TV shows. The company offers a video on demand subscription service branded as "Curiosity Stream" and a linear broadcast television channel known as the Curiosity Channel through various services including FuboTV and The Roku Channel.
NexPoint Real Estate Finance, Inc. is a US-based commercial real estate finance firm that offers structured financing solutions for multifamily, office, industrial, and hospitality properties. It focuses on originating, managing and servicing a diversified portfolio of mortgage loans and real estate-related investments to deliver stable risk-adjusted returns to stakeholders.
CURI vs NREF — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $19.2M | $11.1M |
| Net Profit | $-3.8M | $24.0M |
| Gross Margin | — | — |
| Operating Margin | -17.6% | — |
| Net Margin | -19.7% | 216.6% |
| Revenue YoY | 35.8% | -48.8% |
| Net Profit YoY | -34.6% | 58.7% |
| EPS (diluted) | $-0.07 | $0.47 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $19.2M | $11.1M | ||
| Q3 25 | $18.4M | $12.5M | ||
| Q2 25 | $19.0M | $12.1M | ||
| Q1 25 | $15.1M | $11.5M | ||
| Q4 24 | $14.1M | $21.7M | ||
| Q3 24 | $12.6M | $12.5M | ||
| Q2 24 | $12.4M | $6.7M | ||
| Q1 24 | $12.0M | $-12.8M |
| Q4 25 | $-3.8M | $24.0M | ||
| Q3 25 | $-3.7M | $50.9M | ||
| Q2 25 | $784.0K | $22.3M | ||
| Q1 25 | $319.0K | $26.0M | ||
| Q4 24 | $-2.8M | $15.2M | ||
| Q3 24 | $-3.1M | $23.3M | ||
| Q2 24 | $-2.0M | $12.1M | ||
| Q1 24 | $-5.0M | $-14.6M |
| Q4 25 | -17.6% | — | ||
| Q3 25 | -24.5% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | -27.4% | — | ||
| Q3 24 | -25.8% | — | ||
| Q2 24 | -20.6% | — | ||
| Q1 24 | -30.4% | — |
| Q4 25 | -19.7% | 216.6% | ||
| Q3 25 | -20.4% | 407.0% | ||
| Q2 25 | 4.1% | 184.5% | ||
| Q1 25 | 2.1% | 225.6% | ||
| Q4 24 | -19.9% | 69.9% | ||
| Q3 24 | -24.3% | 186.4% | ||
| Q2 24 | -16.4% | 179.7% | ||
| Q1 24 | -42.0% | 114.3% |
| Q4 25 | $-0.07 | $0.47 | ||
| Q3 25 | $-0.06 | $1.14 | ||
| Q2 25 | $0.01 | $0.54 | ||
| Q1 25 | $0.01 | $0.70 | ||
| Q4 24 | $-0.05 | $0.71 | ||
| Q3 24 | $-0.06 | $0.74 | ||
| Q2 24 | $-0.04 | $0.40 | ||
| Q1 24 | $-0.09 | $-0.83 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $27.3M | $31.1M |
| Total DebtLower is stronger | — | $771.2M |
| Stockholders' EquityBook value | $41.5M | $388.0M |
| Total Assets | $75.7M | $5.3B |
| Debt / EquityLower = less leverage | — | 1.99× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.3M | $31.1M | ||
| Q3 25 | $27.8M | $17.9M | ||
| Q2 25 | $28.1M | $9.1M | ||
| Q1 25 | $33.4M | $19.2M | ||
| Q4 24 | $32.1M | $3.9M | ||
| Q3 24 | $33.2M | $34.7M | ||
| Q2 24 | $39.5M | $4.3M | ||
| Q1 24 | $38.8M | $13.5M |
| Q4 25 | — | $771.2M | ||
| Q3 25 | — | $720.9M | ||
| Q2 25 | — | $815.6M | ||
| Q1 25 | — | $831.5M | ||
| Q4 24 | — | $799.3M | ||
| Q3 24 | — | $815.5M | ||
| Q2 24 | — | $861.0M | ||
| Q1 24 | — | $843.3M |
| Q4 25 | $41.5M | $388.0M | ||
| Q3 25 | $47.2M | $375.4M | ||
| Q2 25 | $49.8M | $348.2M | ||
| Q1 25 | $58.1M | $343.7M | ||
| Q4 24 | $57.8M | $336.5M | ||
| Q3 24 | $62.2M | $335.8M | ||
| Q2 24 | $64.8M | $327.5M | ||
| Q1 24 | $67.0M | $327.1M |
| Q4 25 | $75.7M | $5.3B | ||
| Q3 25 | $74.7M | $5.3B | ||
| Q2 25 | $78.7M | $5.4B | ||
| Q1 25 | $85.3M | $5.4B | ||
| Q4 24 | $86.2M | $5.4B | ||
| Q3 24 | $87.6M | $5.7B | ||
| Q2 24 | $90.9M | $6.6B | ||
| Q1 24 | $94.6M | $7.1B |
| Q4 25 | — | 1.99× | ||
| Q3 25 | — | 1.92× | ||
| Q2 25 | — | 2.34× | ||
| Q1 25 | — | 2.42× | ||
| Q4 24 | — | 2.38× | ||
| Q3 24 | — | 2.43× | ||
| Q2 24 | — | 2.63× | ||
| Q1 24 | — | 2.58× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $4.0M | $-4.5M |
| Free Cash FlowOCF − Capex | $3.9M | — |
| FCF MarginFCF / Revenue | 20.5% | — |
| Capex IntensityCapex / Revenue | 0.1% | — |
| Cash ConversionOCF / Net Profit | — | -0.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.0M | $-4.5M | ||
| Q3 25 | $4.4M | $8.1M | ||
| Q2 25 | $2.8M | $3.3M | ||
| Q1 25 | $1.9M | $16.0M | ||
| Q4 24 | $3.0M | $4.4M | ||
| Q3 24 | $2.3M | $14.7M | ||
| Q2 24 | $2.2M | $-7.5M | ||
| Q1 24 | $666.0K | $17.7M |
| Q4 25 | $3.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $1.8M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 20.5% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 12.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.0% | — |
| Q4 25 | — | -0.19× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | 3.56× | 0.15× | ||
| Q1 25 | 6.03× | 0.62× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | — | 0.63× | ||
| Q2 24 | — | -0.62× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
