Chicago Atlantic Real Estate Finance, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | — | — | — | $48.9 | — |
| Net income | $36.0 | $37.0 | $38.7 | $32.3 | — |
| Balance Sheet | |||||
| Total debt | $50.0 | $50.0 | — | — | — |
| Cash Flow Statement | |||||
| Free cash flow | $17.6 | $9.6 | $14.5 | $3.4 | — |
| Dividends | $43.8 | $41.6 | $39.1 | $28.2 | — |
Shares outstanding 25.6M · Free float 89.7%
Annual filing data through FY ended December 31, 2025; float as of September 13, 2026.
Coverage
September 28, 2026
QBook
Stronger demand supports expansion as pricing diverges
July 16, 2026
Financials Signal
Hard Assets Draw Capital as Financing Costs Stay High
July 4, 2026
Filings Beige Book
Companies Report Firm Demand, Relentless Cost Pressure
June 18, 2026
Deals
Chicago Atlantic to Buy BDC Peer in All-Stock Merger