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Side-by-side financial comparison of NexPoint Real Estate Finance, Inc. (NREF) and NETSOL TECHNOLOGIES INC (NTWK). Click either name above to swap in a different company.
NETSOL TECHNOLOGIES INC is the larger business by last-quarter revenue ($18.8M vs $11.1M, roughly 1.7× NexPoint Real Estate Finance, Inc.). NexPoint Real Estate Finance, Inc. runs the higher net margin — 216.6% vs 1.3%, a 215.3% gap on every dollar of revenue. On growth, NETSOL TECHNOLOGIES INC posted the faster year-over-year revenue change (21.1% vs -48.8%).
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.
NetSol Technologies Inc. is an American software company which makes automobile leasing software. It is based in Encino, California.
NREF vs NTWK — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $11.1M | $18.8M |
| Net Profit | $24.0M | $246.8K |
| Gross Margin | — | 48.0% |
| Operating Margin | — | 6.9% |
| Net Margin | 216.6% | 1.3% |
| Revenue YoY | -48.8% | 21.1% |
| Net Profit YoY | 58.7% | 121.5% |
| EPS (diluted) | $0.47 | $0.02 |
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 | $11.1M | $18.8M | ||
| Q3 25 | $12.5M | $15.0M | ||
| Q2 25 | $12.1M | $18.4M | ||
| Q1 25 | $11.5M | $17.5M | ||
| Q4 24 | $21.7M | $15.5M | ||
| Q3 24 | $12.5M | $14.6M | ||
| Q2 24 | $6.7M | $16.4M | ||
| Q1 24 | $-12.8M | $15.5M |
| Q4 25 | $24.0M | $246.8K | ||
| Q3 25 | $50.9M | $-2.4M | ||
| Q2 25 | $22.3M | $2.6M | ||
| Q1 25 | $26.0M | $1.4M | ||
| Q4 24 | $15.2M | $-1.1M | ||
| Q3 24 | $23.3M | $70.8K | ||
| Q2 24 | $12.1M | $-82.9K | ||
| Q1 24 | $-14.6M | $327.5K |
| Q4 25 | — | 48.0% | ||
| Q3 25 | — | 39.4% | ||
| Q2 25 | — | 56.2% | ||
| Q1 25 | — | 49.8% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.0% | ||
| Q2 24 | — | 51.5% | ||
| Q1 24 | — | 48.3% |
| Q4 25 | — | 6.9% | ||
| Q3 25 | — | -12.2% | ||
| Q2 25 | — | 17.4% | ||
| Q1 25 | — | 8.9% | ||
| Q4 24 | — | -3.1% | ||
| Q3 24 | — | -5.2% | ||
| Q2 24 | — | 4.9% | ||
| Q1 24 | — | 8.5% |
| Q4 25 | 216.6% | 1.3% | ||
| Q3 25 | 407.0% | -15.7% | ||
| Q2 25 | 184.5% | 14.0% | ||
| Q1 25 | 225.6% | 8.1% | ||
| Q4 24 | 69.9% | -7.4% | ||
| Q3 24 | 186.4% | 0.5% | ||
| Q2 24 | 179.7% | -0.5% | ||
| Q1 24 | 114.3% | 2.1% |
| Q4 25 | $0.47 | $0.02 | ||
| Q3 25 | $1.14 | $-0.20 | ||
| Q2 25 | $0.54 | $0.22 | ||
| Q1 25 | $0.70 | $0.12 | ||
| Q4 24 | $0.71 | $-0.10 | ||
| Q3 24 | $0.74 | $0.01 | ||
| Q2 24 | $0.40 | $-0.01 | ||
| Q1 24 | $-0.83 | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $31.1M | $18.1M |
| Total DebtLower is stronger | $771.2M | $337.0K |
| Stockholders' EquityBook value | $388.0M | $35.9M |
| Total Assets | $5.3B | $62.7M |
| Debt / EquityLower = less leverage | 1.99× | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.1M | $18.1M | ||
| Q3 25 | $17.9M | $22.7M | ||
| Q2 25 | $9.1M | $17.4M | ||
| Q1 25 | $19.2M | $18.8M | ||
| Q4 24 | $3.9M | $21.3M | ||
| Q3 24 | $34.7M | $24.5M | ||
| Q2 24 | $4.3M | $19.1M | ||
| Q1 24 | $13.5M | $12.3M |
| Q4 25 | $771.2M | $337.0K | ||
| Q3 25 | $720.9M | $218.2K | ||
| Q2 25 | $815.6M | $134.6K | ||
| Q1 25 | $831.5M | $86.8K | ||
| Q4 24 | $799.3M | $87.0K | ||
| Q3 24 | $815.5M | $92.6K | ||
| Q2 24 | $861.0M | $95.8K | ||
| Q1 24 | $843.3M | $130.4K |
| Q4 25 | $388.0M | $35.9M | ||
| Q3 25 | $375.4M | $35.8M | ||
| Q2 25 | $348.2M | $37.8M | ||
| Q1 25 | $343.7M | $35.5M | ||
| Q4 24 | $336.5M | $33.9M | ||
| Q3 24 | $335.8M | $34.7M | ||
| Q2 24 | $327.5M | $34.8M | ||
| Q1 24 | $327.1M | $35.3M |
| Q4 25 | $5.3B | $62.7M | ||
| Q3 25 | $5.3B | $62.6M | ||
| Q2 25 | $5.4B | $62.4M | ||
| Q1 25 | $5.4B | $58.1M | ||
| Q4 24 | $5.4B | $59.1M | ||
| Q3 24 | $5.7B | $62.8M | ||
| Q2 24 | $6.6B | $64.2M | ||
| Q1 24 | $7.1B | $63.3M |
| Q4 25 | 1.99× | 0.01× | ||
| Q3 25 | 1.92× | 0.01× | ||
| Q2 25 | 2.34× | 0.00× | ||
| Q1 25 | 2.42× | 0.00× | ||
| Q4 24 | 2.38× | 0.00× | ||
| Q3 24 | 2.43× | 0.00× | ||
| Q2 24 | 2.63× | 0.00× | ||
| Q1 24 | 2.58× | 0.00× |
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 | $-4.5M | $-4.7M |
| Free Cash FlowOCF − Capex | — | $-5.1M |
| FCF MarginFCF / Revenue | — | -27.2% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | -0.19× | -19.24× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-1.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.5M | $-4.7M | ||
| Q3 25 | $8.1M | $5.3M | ||
| Q2 25 | $3.3M | $441.0K | ||
| Q1 25 | $16.0M | $-363.4K | ||
| Q4 24 | $4.4M | $-5.1M | ||
| Q3 24 | $14.7M | $5.5M | ||
| Q2 24 | $-7.5M | $6.5M | ||
| Q1 24 | $17.7M | $-4.2M |
| Q4 25 | — | $-5.1M | ||
| Q3 25 | — | $4.8M | ||
| Q2 25 | — | $-44.1K | ||
| Q1 25 | — | $-693.0K | ||
| Q4 24 | — | $-5.6M | ||
| Q3 24 | — | $5.4M | ||
| Q2 24 | — | $6.1M | ||
| Q1 24 | — | $-4.6M |
| Q4 25 | — | -27.2% | ||
| Q3 25 | — | 32.1% | ||
| Q2 25 | — | -0.2% | ||
| Q1 25 | — | -4.0% | ||
| Q4 24 | — | -36.1% | ||
| Q3 24 | — | 37.1% | ||
| Q2 24 | — | 37.0% | ||
| Q1 24 | — | -29.6% |
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 2.6% | ||
| Q1 24 | — | 2.4% |
| Q4 25 | -0.19× | -19.24× | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.15× | 0.17× | ||
| Q1 25 | 0.62× | -0.26× | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | 0.63× | 77.94× | ||
| Q2 24 | -0.62× | — | ||
| Q1 24 | — | -12.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NREF
Segment breakdown not available.
NTWK
| Core Revenue | $18.0M | 96% |
| Other | $816.8K | 4% |
