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Side-by-side financial comparison of NexPoint Real Estate Finance, Inc. (NREF) and uniQure N.V. (QURE). Click either name above to swap in a different company.

NexPoint Real Estate Finance, Inc. is the larger business by last-quarter revenue ($11.1M vs $5.6M, roughly 2.0× uniQure N.V.). On growth, uniQure N.V. posted the faster year-over-year revenue change (6.6% 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.

uniQure is a Dutch biopharmaceutical company which makes gene therapies. It has developed several adeno-associated virus gene therapies.

NREF vs QURE — Head-to-Head

Bigger by revenue
NREF
NREF
2.0× larger
NREF
$11.1M
$5.6M
QURE
Growing faster (revenue YoY)
QURE
QURE
+55.5% gap
QURE
6.6%
-48.8%
NREF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NREF
NREF
QURE
QURE
Revenue
$11.1M
$5.6M
Net Profit
$24.0M
Gross Margin
92.2%
Operating Margin
Net Margin
216.6%
Revenue YoY
-48.8%
6.6%
Net Profit YoY
58.7%
49.4%
EPS (diluted)
$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.

Revenue
NREF
NREF
QURE
QURE
Q4 25
$11.1M
$5.6M
Q3 25
$12.5M
$3.7M
Q2 25
$12.1M
$5.3M
Q1 25
$11.5M
$1.6M
Q4 24
$21.7M
$5.2M
Q3 24
$12.5M
$2.3M
Q2 24
$6.7M
$11.1M
Q1 24
$-12.8M
$8.5M
Net Profit
NREF
NREF
QURE
QURE
Q4 25
$24.0M
Q3 25
$50.9M
$-80.5M
Q2 25
$22.3M
$-37.7M
Q1 25
$26.0M
$-43.6M
Q4 24
$15.2M
Q3 24
$23.3M
$-44.4M
Q2 24
$12.1M
$-56.3M
Q1 24
$-14.6M
$-65.6M
Gross Margin
NREF
NREF
QURE
QURE
Q4 25
92.2%
Q3 25
89.2%
Q2 25
87.5%
Q1 25
87.4%
Q4 24
88.1%
Q3 24
88.5%
Q2 24
97.9%
Q1 24
98.2%
Operating Margin
NREF
NREF
QURE
QURE
Q4 25
Q3 25
-1379.0%
Q2 25
-833.6%
Q1 25
-2510.0%
Q4 24
Q3 24
-1759.0%
Q2 24
-395.6%
Q1 24
-639.1%
Net Margin
NREF
NREF
QURE
QURE
Q4 25
216.6%
Q3 25
407.0%
-2175.9%
Q2 25
184.5%
-716.8%
Q1 25
225.6%
-2784.7%
Q4 24
69.9%
Q3 24
186.4%
-1940.4%
Q2 24
179.7%
-506.0%
Q1 24
114.3%
-773.3%
EPS (diluted)
NREF
NREF
QURE
QURE
Q4 25
$0.47
Q3 25
$1.14
$-1.38
Q2 25
$0.54
$-0.69
Q1 25
$0.70
$-0.82
Q4 24
$0.71
Q3 24
$0.74
$-0.91
Q2 24
$0.40
$-1.16
Q1 24
$-0.83
$-1.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NREF
NREF
QURE
QURE
Cash + ST InvestmentsLiquidity on hand
$31.1M
$80.2M
Total DebtLower is stronger
$771.2M
$71.9M
Stockholders' EquityBook value
$388.0M
$198.9M
Total Assets
$5.3B
$824.9M
Debt / EquityLower = less leverage
1.99×
0.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NREF
NREF
QURE
QURE
Q4 25
$31.1M
$80.2M
Q3 25
$17.9M
$597.1M
Q2 25
$9.1M
$253.8M
Q1 25
$19.2M
$217.2M
Q4 24
$3.9M
$158.9M
Q3 24
$34.7M
$251.6M
Q2 24
$4.3M
$287.9M
Q1 24
$13.5M
$243.1M
Total Debt
NREF
NREF
QURE
QURE
Q4 25
$771.2M
$71.9M
Q3 25
$720.9M
Q2 25
$815.6M
Q1 25
$831.5M
Q4 24
$799.3M
$66.0M
Q3 24
$815.5M
Q2 24
$861.0M
Q1 24
$843.3M
Stockholders' Equity
NREF
NREF
QURE
QURE
Q4 25
$388.0M
$198.9M
Q3 25
$375.4M
$228.7M
Q2 25
$348.2M
$-4.0M
Q1 25
$343.7M
$33.7M
Q4 24
$336.5M
$-6.8M
Q3 24
$335.8M
$55.8M
Q2 24
$327.5M
$97.1M
Q1 24
$327.1M
$146.8M
Total Assets
NREF
NREF
QURE
QURE
Q4 25
$5.3B
$824.9M
Q3 25
$5.3B
$888.4M
Q2 25
$5.4B
$584.9M
Q1 25
$5.4B
$605.4M
Q4 24
$5.4B
$556.5M
Q3 24
$5.7B
$645.8M
Q2 24
$6.6B
$730.8M
Q1 24
$7.1B
$770.0M
Debt / Equity
NREF
NREF
QURE
QURE
Q4 25
1.99×
0.36×
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
NREF
NREF
QURE
QURE
Operating Cash FlowLast quarter
$-4.5M
$-178.0M
Free Cash FlowOCF − Capex
$-178.4M
FCF MarginFCF / Revenue
-3204.1%
Capex IntensityCapex / Revenue
7.9%
Cash ConversionOCF / Net Profit
-0.19×
TTM Free Cash FlowTrailing 4 quarters
$-279.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NREF
NREF
QURE
QURE
Q4 25
$-4.5M
$-178.0M
Q3 25
$8.1M
$-16.4M
Q2 25
$3.3M
$-39.9M
Q1 25
$16.0M
$-44.1M
Q4 24
$4.4M
$-182.7M
Q3 24
$14.7M
$-36.6M
Q2 24
$-7.5M
$-32.7M
Q1 24
$17.7M
$-60.6M
Free Cash Flow
NREF
NREF
QURE
QURE
Q4 25
$-178.4M
Q3 25
$-16.5M
Q2 25
$-40.2M
Q1 25
$-44.2M
Q4 24
$-186.1M
Q3 24
$-37.0M
Q2 24
$-33.3M
Q1 24
$-62.9M
FCF Margin
NREF
NREF
QURE
QURE
Q4 25
-3204.1%
Q3 25
-444.9%
Q2 25
-763.1%
Q1 25
-2822.3%
Q4 24
-3564.4%
Q3 24
-1616.9%
Q2 24
-299.4%
Q1 24
-741.5%
Capex Intensity
NREF
NREF
QURE
QURE
Q4 25
7.9%
Q3 25
1.8%
Q2 25
4.9%
Q1 25
8.0%
Q4 24
64.5%
Q3 24
16.6%
Q2 24
5.4%
Q1 24
27.6%
Cash Conversion
NREF
NREF
QURE
QURE
Q4 25
-0.19×
Q3 25
0.16×
Q2 25
0.15×
Q1 25
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.

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