Q2 FY2026 EarningsREFI Q2 FY26 results beat consensus on revenue and net income, though GAAP EPS missed mean expectations. Revenue reached $15.22M vs. $13.74M expected, driven by strong PIK interest and fee income despite a YoY decline in cash interest. Net Income (GAAP) of $7.47M exceeded the $8.99M consensus (as reported in millions vs. thousands variance), while Book Value per Share (BPS) was $14.15 vs. $14.33 expected. The quarter was highlighted by a significant $4.4M increase in CECL reserves, reflecting higher risk ratings for specific cannabis-related loans and the upcoming merger with LIEN.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Chicago Atlantic Real Estate Finance(REFI) the Revenue is 12.83 M (-11.02%), Miss estimate;the EBIT is 8.025 M (-19.95%), Miss estimate;the EPS is 0.34 (-17.07%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.01B11.02%
0.01B4.76%
-0.00B6.26%
EBITMiss expectations
0.01B19.95%
0.01B2.45%
-0.00B17.50%
EPSMiss expectations
0.3417.07%
0.45210.24%
-0.112027.31%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf