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
DateValue
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