vs
Side-by-side financial comparison of NexPoint Real Estate Finance, Inc. (NREF) and Satellogic Inc. (SATL). 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 $6.2M, roughly 1.8× Satellogic Inc.). Satellogic Inc. runs the higher net margin — 488.0% vs 216.6%, a 271.3% gap on every dollar of revenue.
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.
Satellogic Inc. is an American company specializing in Earth-observation satellites, founded in 2010 by Emiliano Kargieman and Gerardo Richarte.
NREF vs SATL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $11.1M | $6.2M |
| Net Profit | $24.0M | $30.5M |
| Gross Margin | — | — |
| Operating Margin | — | -114.2% |
| Net Margin | 216.6% | 488.0% |
| Revenue YoY | -48.8% | — |
| Net Profit YoY | 58.7% | — |
| EPS (diluted) | $0.47 | $0.24 |
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 | $6.2M | ||
| Q3 25 | $12.5M | $3.6M | ||
| Q2 25 | $12.1M | $4.4M | ||
| Q1 25 | $11.5M | $3.4M | ||
| Q4 24 | $21.7M | — | ||
| Q3 24 | $12.5M | — | ||
| Q2 24 | $6.7M | $3.5M | ||
| Q1 24 | $-12.8M | — |
| Q4 25 | $24.0M | $30.5M | ||
| Q3 25 | $50.9M | $4.0M | ||
| Q2 25 | $22.3M | $-6.7M | ||
| Q1 25 | $26.0M | $-32.6M | ||
| Q4 24 | $15.2M | — | ||
| Q3 24 | $23.3M | — | ||
| Q2 24 | $12.1M | $-18.1M | ||
| Q1 24 | $-14.6M | — |
| Q4 25 | — | -114.2% | ||
| Q3 25 | — | -222.5% | ||
| Q2 25 | — | -141.6% | ||
| Q1 25 | — | -280.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -419.2% | ||
| Q1 24 | — | — |
| Q4 25 | 216.6% | 488.0% | ||
| Q3 25 | 407.0% | 109.2% | ||
| Q2 25 | 184.5% | -149.8% | ||
| Q1 25 | 225.6% | -961.9% | ||
| Q4 24 | 69.9% | — | ||
| Q3 24 | 186.4% | — | ||
| Q2 24 | 179.7% | -517.0% | ||
| Q1 24 | 114.3% | — |
| Q4 25 | $0.47 | $0.24 | ||
| Q3 25 | $1.14 | $-0.02 | ||
| Q2 25 | $0.54 | $-0.06 | ||
| Q1 25 | $0.70 | $-0.34 | ||
| Q4 24 | $0.71 | — | ||
| Q3 24 | $0.74 | — | ||
| Q2 24 | $0.40 | $-0.20 | ||
| Q1 24 | $-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 | $31.1M | $94.4M |
| Total DebtLower is stronger | $771.2M | — |
| Stockholders' EquityBook value | $388.0M | $60.5M |
| Total Assets | $5.3B | $151.3M |
| Debt / EquityLower = less leverage | 1.99× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.1M | $94.4M | ||
| Q3 25 | $17.9M | $28.3M | ||
| Q2 25 | $9.1M | $32.6M | ||
| Q1 25 | $19.2M | $17.7M | ||
| Q4 24 | $3.9M | — | ||
| Q3 24 | $34.7M | — | ||
| Q2 24 | $4.3M | $25.6M | ||
| Q1 24 | $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 | $388.0M | $60.5M | ||
| Q3 25 | $375.4M | $-56.9M | ||
| Q2 25 | $348.2M | $-68.1M | ||
| Q1 25 | $343.7M | $-83.1M | ||
| Q4 24 | $336.5M | — | ||
| Q3 24 | $335.8M | — | ||
| Q2 24 | $327.5M | $19.1M | ||
| Q1 24 | $327.1M | — |
| Q4 25 | $5.3B | $151.3M | ||
| Q3 25 | $5.3B | $70.9M | ||
| Q2 25 | $5.4B | $73.8M | ||
| Q1 25 | $5.4B | $61.4M | ||
| Q4 24 | $5.4B | — | ||
| Q3 24 | $5.7B | — | ||
| Q2 24 | $6.6B | $76.6M | ||
| Q1 24 | $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 | $-4.5M | $-9.5M |
| Free Cash FlowOCF − Capex | — | $-12.8M |
| FCF MarginFCF / Revenue | — | -204.9% |
| Capex IntensityCapex / Revenue | — | 53.6% |
| Cash ConversionOCF / Net Profit | -0.19× | -0.31× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-34.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.5M | $-9.5M | ||
| Q3 25 | $8.1M | $-8.4M | ||
| Q2 25 | $3.3M | $-4.3M | ||
| Q1 25 | $16.0M | $-4.7M | ||
| Q4 24 | $4.4M | — | ||
| Q3 24 | $14.7M | — | ||
| Q2 24 | $-7.5M | — | ||
| Q1 24 | $17.7M | — |
| Q4 25 | — | $-12.8M | ||
| Q3 25 | — | $-9.7M | ||
| Q2 25 | — | $-5.1M | ||
| Q1 25 | — | $-6.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | -204.9% | ||
| Q3 25 | — | -267.2% | ||
| Q2 25 | — | -115.3% | ||
| Q1 25 | — | -195.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 53.6% | ||
| Q3 25 | — | 36.8% | ||
| Q2 25 | — | 17.5% | ||
| Q1 25 | — | 56.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -0.19× | -0.31× | ||
| Q3 25 | 0.16× | -2.11× | ||
| 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.
Revenue Breakdown by Segment
NREF
Segment breakdown not available.
SATL
| Transferred At Point In Time | $5.7M | 91% |
| Other | $547.0K | 9% |
