ACRES Commercial Realty (ACR) Operating Expenses (2011 - 2025)

ACRES Commercial Realty's (ACR) quarterly Operating Expenses came in at $16.0 million in Q3 2025, down 6.87% year-on-year from $17.1 million in Q3 2024, and down 8.86% quarter-over-quarter from $17.5 million in Q2 2025.

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.

  • On a quarterly basis, Operating Expenses fell 6.87% year-over-year to $16.0 million in Q3 2025; TTM through Dec 2025 was $50.7 million, a 29.45% decrease from a year earlier, with the FY2024 full-year figure at $71.9 million, up 2.03% from the prior year.
  • Operating Expenses declined to $16.0 million in Q3 2025 per ACR's latest filing, from $17.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $26.3 million in Q4 2022 and bottomed at -$3.6 million in Q2 2021.
  • The 5-year median for Operating Expenses is $16.6 million (2023), against an average of $14.2 million.
  • Biggest YoY gain for Operating Expenses was 2396.6% in 2021; the steepest drop was 107.72% in 2021.
  • Year by year, Operating Expenses stood at $3.6 million in 2021, then surged by 630.34% to $26.3 million in 2022, then plunged 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.
  • Per Business Quant, the three latest ACR Operating Expenses figures stand at $16.0 million (Q3 2025), $17.5 million (Q2 2025), and $17.2 million (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 63.74 Mn
2 AGNC Investment 11.85 Bn 11.36 Bn - 34.00 Mn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 480.31 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 1.24 Bn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 110.77 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 80.37 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - 21.25 Mn
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 17.16 Mn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 49.45 Mn
10 ACRES Commercial Realty 120.05 Mn 166.08 Mn - -

Historic Data

Download Data
DateValue
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