Filing Flows › Nexpoint Diversified Real Estate Trust (NXDT) › Q1 2025
Nexpoint Diversified Real Estate Trust (NXDT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Nexpoint Diversified Real Estate Trust (NXDT) reported revenue of $29.1M for the first quarter 2025 (Q1 2025), +127% from a year earlier and +12% from the quarter before. Operating margin was 19.0%, net loss $35.1M (120.7% of revenue).
Nexpoint Diversified Real Estate Trust, Q1 2025: revenue $29.1M (+127% year over year), operating margin 19.0%, net loss $35.1M, operating cash flow $7.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.1M | +12% | +127% |
| Operating profit | $5.5M | +493% | — |
| Net earnings | −$35.1M | — | — |
| Operating cash flow | $7.1M | — | — |
| Free cash flow | $6.1M | — | — |
What changed
Revenue was $29.1M in Q1 2025, up 127% year over year and up 12% from the previous quarter. NexPoint Diversified Real Estate Trust was the largest line at 60% of revenue. NexPoint Diversified Real Estate Trust added $4.7M year over year (up 37%), 29% of the total change.
Operating profit was $5.5M, a 19.0% margin (up 16.9 points year over year). Of the extra revenue versus a year earlier, 32% reached operating profit, above the 2% margin then. Total costs grew 88% against revenue growth of 127%. The quarter ended with a net loss of $35.1M, wider than the previous quarter's $9.1M loss. Minority interests bore $788K of it: to shareholders the quarter was a loss of $34.3M. Net interest and other expense of $39.4M was the main reason.
Operating cash flow was $7.1M. Non-cash charges added back $3.9M of depreciation and amortization and $804K of share-based compensation. Working capital and other items added $37.5M. Capital expenditures of $0.9M left free cash flow of $6.1M.
Questions
What was Nexpoint Diversified Real Estate Trust's revenue in the first quarter 2025?
Nexpoint Diversified Real Estate Trust (NXDT) reported revenue of $29.1M for the first quarter 2025 (Q1 2025), +127% from a year earlier and +12% from the quarter before.
Was Nexpoint Diversified Real Estate Trust profitable in the first quarter 2025?
Operating profit was $5.5M (19.0% of revenue) and net loss $35.1M.
Source: Nexpoint Diversified Real Estate Trust 10-Q on SEC EDGAR.