vs

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

Senseonics Holdings, Inc. is the larger business by last-quarter revenue ($14.3M vs $11.1M, roughly 1.3× NexPoint Real Estate Finance, Inc.). NexPoint Real Estate Finance, Inc. runs the higher net margin — 216.6% vs -146.1%, a 362.7% gap on every dollar of revenue. On growth, Senseonics Holdings, Inc. posted the faster year-over-year revenue change (71.8% 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.

Senseonics Holdings, Inc. is a medical technology company focused on developing and commercializing long-term implantable continuous glucose monitoring (CGM) systems for people living with diabetes. Its flagship Eversense product line offers extended wear duration, serving markets across North America, Europe and other global regions in the diabetes care segment.

NREF vs SENS — Head-to-Head

Bigger by revenue
SENS
SENS
1.3× larger
SENS
$14.3M
$11.1M
NREF
Growing faster (revenue YoY)
SENS
SENS
+120.6% gap
SENS
71.8%
-48.8%
NREF
Higher net margin
NREF
NREF
362.7% more per $
NREF
216.6%
-146.1%
SENS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NREF
NREF
SENS
SENS
Revenue
$11.1M
$14.3M
Net Profit
$24.0M
$-20.8M
Gross Margin
53.8%
Operating Margin
-146.8%
Net Margin
216.6%
-146.1%
Revenue YoY
-48.8%
71.8%
Net Profit YoY
58.7%
-34.6%
EPS (diluted)
$0.47
$-1.19

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
SENS
SENS
Q4 25
$11.1M
$14.3M
Q3 25
$12.5M
$8.1M
Q2 25
$12.1M
$6.6M
Q1 25
$11.5M
$6.3M
Q4 24
$21.7M
$8.3M
Q3 24
$12.5M
$4.3M
Q2 24
$6.7M
$4.9M
Q1 24
$-12.8M
$5.0M
Net Profit
NREF
NREF
SENS
SENS
Q4 25
$24.0M
$-20.8M
Q3 25
$50.9M
$-19.5M
Q2 25
$22.3M
$-14.5M
Q1 25
$26.0M
$-14.3M
Q4 24
$15.2M
$-15.5M
Q3 24
$23.3M
$-24.0M
Q2 24
$12.1M
$-20.3M
Q1 24
$-14.6M
$-18.9M
Gross Margin
NREF
NREF
SENS
SENS
Q4 25
53.8%
Q3 25
42.8%
Q2 25
46.9%
Q1 25
24.1%
Q4 24
47.6%
Q3 24
-95.0%
Q2 24
6.1%
Q1 24
6.6%
Operating Margin
NREF
NREF
SENS
SENS
Q4 25
-146.8%
Q3 25
-242.1%
Q2 25
-215.4%
Q1 25
-215.6%
Q4 24
-172.0%
Q3 24
-535.9%
Q2 24
-400.7%
Q1 24
-361.2%
Net Margin
NREF
NREF
SENS
SENS
Q4 25
216.6%
-146.1%
Q3 25
407.0%
-241.3%
Q2 25
184.5%
-218.1%
Q1 25
225.6%
-227.9%
Q4 24
69.9%
-186.5%
Q3 24
186.4%
-562.4%
Q2 24
179.7%
-417.0%
Q1 24
114.3%
-374.0%
EPS (diluted)
NREF
NREF
SENS
SENS
Q4 25
$0.47
$-1.19
Q3 25
$1.14
$-0.43
Q2 25
$0.54
$-0.02
Q1 25
$0.70
$-0.02
Q4 24
$0.71
$-1.67
Q3 24
$0.74
$-0.77
Q2 24
$0.40
$-0.03
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
NREF
NREF
SENS
SENS
Cash + ST InvestmentsLiquidity on hand
$31.1M
$94.0M
Total DebtLower is stronger
$771.2M
$35.6M
Stockholders' EquityBook value
$388.0M
$61.0M
Total Assets
$5.3B
$126.3M
Debt / EquityLower = less leverage
1.99×
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NREF
NREF
SENS
SENS
Q4 25
$31.1M
$94.0M
Q3 25
$17.9M
$111.0M
Q2 25
$9.1M
$126.4M
Q1 25
$19.2M
$64.2M
Q4 24
$3.9M
$74.6M
Q3 24
$34.7M
$74.5M
Q2 24
$4.3M
$84.6M
Q1 24
$13.5M
$98.7M
Total Debt
NREF
NREF
SENS
SENS
Q4 25
$771.2M
$35.6M
Q3 25
$720.9M
$35.3M
Q2 25
$815.6M
$35.2M
Q1 25
$831.5M
$35.0M
Q4 24
$799.3M
$34.7M
Q3 24
$815.5M
$34.4M
Q2 24
$861.0M
$34.2M
Q1 24
$843.3M
$34.0M
Stockholders' Equity
NREF
NREF
SENS
SENS
Q4 25
$388.0M
$61.0M
Q3 25
$375.4M
$78.2M
Q2 25
$348.2M
$94.7M
Q1 25
$343.7M
$35.2M
Q4 24
$336.5M
$-16.6M
Q3 24
$335.8M
$-17.2M
Q2 24
$327.5M
$578.0K
Q1 24
$327.1M
$19.0M
Total Assets
NREF
NREF
SENS
SENS
Q4 25
$5.3B
$126.3M
Q3 25
$5.3B
$139.9M
Q2 25
$5.4B
$150.3M
Q1 25
$5.4B
$87.2M
Q4 24
$5.4B
$100.4M
Q3 24
$5.7B
$96.3M
Q2 24
$6.6B
$111.6M
Q1 24
$7.1B
$126.5M
Debt / Equity
NREF
NREF
SENS
SENS
Q4 25
1.99×
0.58×
Q3 25
1.92×
0.45×
Q2 25
2.34×
0.37×
Q1 25
2.42×
0.99×
Q4 24
2.38×
Q3 24
2.43×
Q2 24
2.63×
59.17×
Q1 24
2.58×
1.79×

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
SENS
SENS
Operating Cash FlowLast quarter
$-4.5M
$-18.0M
Free Cash FlowOCF − Capex
$-18.4M
FCF MarginFCF / Revenue
-128.8%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
-0.19×
TTM Free Cash FlowTrailing 4 quarters
$-60.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NREF
NREF
SENS
SENS
Q4 25
$-4.5M
$-18.0M
Q3 25
$8.1M
$-15.8M
Q2 25
$3.3M
$-9.3M
Q1 25
$16.0M
$-16.1M
Q4 24
$4.4M
$-14.2M
Q3 24
$14.7M
$-14.8M
Q2 24
$-7.5M
$-11.1M
Q1 24
$17.7M
$-20.3M
Free Cash Flow
NREF
NREF
SENS
SENS
Q4 25
$-18.4M
Q3 25
$-16.0M
Q2 25
$-9.4M
Q1 25
$-16.5M
Q4 24
$-14.3M
Q3 24
$-15.0M
Q2 24
$-13.2M
Q1 24
$-20.6M
FCF Margin
NREF
NREF
SENS
SENS
Q4 25
-128.8%
Q3 25
-197.4%
Q2 25
-141.2%
Q1 25
-263.9%
Q4 24
-172.1%
Q3 24
-352.3%
Q2 24
-272.0%
Q1 24
-407.7%
Capex Intensity
NREF
NREF
SENS
SENS
Q4 25
2.8%
Q3 25
2.0%
Q2 25
1.9%
Q1 25
6.9%
Q4 24
0.4%
Q3 24
4.8%
Q2 24
43.0%
Q1 24
6.3%
Cash Conversion
NREF
NREF
SENS
SENS
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.

Revenue Breakdown by Segment

NREF
NREF

Segment breakdown not available.

SENS
SENS

Nonrelated Party$7.8M55%
Related Party$6.4M45%

Related Comparisons