Apollo Commercial Real Estate Finance (ARI) Accumulated Expenses (2023 - 2025)
Apollo Commercial Real Estate Finance (ARI) reported Accumulated Expenses of $33.9 million for Q4 2025, up 19.87% on a YoY basis from $28.3 million in Q4 2024, and up 19.87% quarter-over-quarter from $28.3 million in Q4 2024.
Apollo Commercial Real Estate Finance (ARI) Accumulated Expenses (2023 - 2025) Analysis & Trends
Apollo Commercial Real Estate Finance has reported Accumulated Expenses for 3 years, with the latest figure at $33.9 million in Q4 2025.
- For the quarter ending Q4 2025, Accumulated Expenses rose 19.87% year-over-year to $33.9 million; the trailing twelve-month figure through Dec 2025 stood at $33.9 million (up 19.87% YoY), and the FY2025 full-year result was $33.9 million, up 19.87% from the prior year.
- Accumulated Expenses for Q4 2025 stood at $33.9 million, up from $28.3 million in the prior quarter.
- The five-year high for Accumulated Expenses was $39.7 million in Q3 2024, with the low at $28.3 million in Q4 2024.
- Historically, Accumulated Expenses has averaged $33.0 million across 3 years, with a median of $32.0 million in 2024.
- Annual changes were most pronounced in 2024 — Accumulated Expenses declined 8.87% — and 2025, when it increased 19.87%.
- Apollo Commercial Real Estate Finance's Accumulated Expenses stood at $31.0 million in 2023, then slipped by 8.87% to $28.3 million in 2024, then advanced by 19.87% to $33.9 million in 2025.
- The last three Accumulated Expenses figures came in at $33.9 million (Q4 2025), $28.3 million (Q4 2024), and $39.7 million (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - |
| 10 | Apollo Commercial Real Estate Finance | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 33.88 Mn |
| Dec 31, 2024 | 28.26 Mn |
| Sep 30, 2024 | 39.72 Mn |
| Jun 30, 2024 | 31.98 Mn |
| Dec 31, 2023 | 31.01 Mn |