ACRES Commercial Realty (ACR) Operating Expenses (2011 - 2025)
ACRES Commercial Realty (ACR) recorded quarterly Operating Expenses of $16.0 million in Q3 2025, down 8.86% quarter-over-quarter from $17.5 million in Q2 2025, and down 6.87% on a YoY basis from $17.1 million in Q3 2024.
ACRES Commercial Realty (ACR) Operating Expenses (2011 - 2025) Analysis & Trends
ACRES Commercial Realty's Operating Expenses history runs 15 years deep, the most recent figure standing at $16.0 million for Q3 2025.
- In Q3 2025, Operating Expenses fell 6.87% year-over-year to $16.0 million; the TTM figure through Dec 2025 stood at $50.7 million (down 29.45% YoY), while the FY2024 annual figure was $71.9 million, up 2.03% from the prior year.
- Operating Expenses was $16.0 million for Q3 2025 at ACRES Commercial Realty, down from $17.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $26.3 million in Q4 2022 to a low of -$3.6 million in Q2 2021.
- Historically, Operating Expenses has averaged $14.2 million across 5 years, with a median of $16.6 million in 2023.
- Biggest YoY gain for Operating Expenses was 2396.6% in 2021; the steepest drop was 107.72% in 2021.
- A 5-year view of Operating Expenses shows it stood at $3.6 million in 2021, then surged by 630.34% to $26.3 million in 2022, then slumped by 38.83% to $16.1 million in 2023, then increased by 18.44% to $19.1 million in 2024, then dropped by 16.36% to $16.0 million in 2025.
- The last three Operating Expenses figures came in at $16.0 million (Q3 2025), $17.5 million (Q2 2025), and $17.2 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 63.74 Mn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 34.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 480.31 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 1.24 Bn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 110.77 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 21.25 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 15.35 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 80.37 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 49.45 Mn |
| 10 | ACRES Commercial Realty | 128.04 Mn | 174.07 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 15.96 Mn |
| Jun 30, 2025 | 17.51 Mn |
| Mar 31, 2025 | 17.25 Mn |
| Dec 31, 2024 | 19.08 Mn |
| Sep 30, 2024 | 17.14 Mn |
| Jun 30, 2024 | 15.88 Mn |
| Mar 31, 2024 | 19.79 Mn |
| Dec 31, 2023 | 16.11 Mn |
| Sep 30, 2023 | 16.55 Mn |
| Jun 30, 2023 | 18.17 Mn |
| Mar 31, 2023 | 19.63 Mn |
| Dec 31, 2022 | 26.34 Mn |
| Sep 30, 2022 | 17.45 Mn |
| Jun 30, 2022 | 14.72 Mn |
| Mar 31, 2022 | 8.90 Mn |
| Dec 31, 2021 | 3.61 Mn |
| Sep 30, 2021 | 8.09 Mn |
| Jun 30, 2021 | -3.58 Mn |
| Mar 31, 2021 | 732,000.00 |
| Dec 31, 2020 | -14.19 Mn |