NYSE$NXDT

NexPoint Diversified Real Estate Trust · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

NexPoint Diversified Real Estate Trust reported its financial results for the first quarter ended March 31, 2026.

The company reported total revenues of $22.9 million, down from $29.1 million in the prior-year quarter, primarily due to lower rental and room revenues following property dispositions. Net loss attributable to common shareholders was $23.0 million, or $0.46 per share, impacted by mark-to-market losses on investments and reduced operating income. The company sold one hospitality property for $26.3 million during the quarter and continues to focus on its diversified real estate portfolio.

  • Total revenues declined 21% year-over-year to $22.9 million due to property sales and lower occupancy at Cityplace.
  • Reported a net loss of $21.3 million, with operating income of $3.5 million.
  • Sold the Bradenton Hampton Inn & Suites property for $26.3 million, resulting in a $2.8 million loss on sale.
  • Maintained focus on debt management, including refinancing the OSL Loan and extending Cityplace debt maturity.

Headline financials

Total Revenue

$22.9M

Previous: $29.1M-21.3%
EPS (adj)

-$0.46

Previous: $0.80-157.5%
Capital Expenditures

-$1.14M

Previous: -$950K-19.6%
Free Cash Flow

-$1.63M

Previous: -$35.3M+95.4%
Net Income

-$23M

Previous: -$34.3M+33.1%
Operating Income

$3.45M

Previous: $5.53M-37.6%
Gross Profit

$19.2M

Previous: $25.2M-23.9%
Cash & Equivalents

$9.43M

No prior period
Total Assets

$1.03B

No prior period

Revenue & EPS history

NexPoint · Revenue · Quarterly

$22.9M

Q1 2026-21.3%vs Q1 2025

Revenue by segment

NexPoint · $22.9M total across 2 segments · Q1 2026

  • Diversified
    $14M
  • Hospitality
    $8.85M

Forward guidance

The company is evaluating refinancing options for maturing debt and opportunities to reallocate capital into target sectors such as residential, hospitality, self-storage, and life sciences.

Tailwinds

  • Completed sale of non-core hospitality asset
  • Extended certain debt maturities

Headwinds

  • Ongoing Cityplace debt maturity concerns
  • Continued mark-to-market volatility on investments

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 12 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.9%

Avg return

Earnings day

-0.9%

Avg return

5 days after

-1.7%

Avg return

30 days after

38%

5 / 13 earnings

Positive

+9.1%

Q3 2023

Best reaction

-7.5%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.6%-3.0%
Q3 2025-1.8%+9.9%+16.3%
Q2 2025-7.5%-7.5%-13.7%
Q1 2025+0.6%-1.4%+8.2%
Q3 2024-0.2%-3.0%-9.2%
Q2 2024-3.0%-1.7%-1.6%
Q1 2024-6.2%-7.4%-9.4%
Q4 2023-0.7%+0.5%+4.7%
Q3 2023+9.1%+5.2%+7.6%
Q2 2023-5.2%-6.9%-23.1%
Q4 2022+2.9%+3.3%+5.2%
Q1 2023+2.9%+3.3%+5.2%
Q3 2022+3.0%-3.1%-10.3%

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