Apollo Commercial Real Estate Finance (ARI) Accumulated Expenses (2023 - 2025)

Apollo Commercial Real Estate Finance (ARI) has reported Accumulated Expenses for 3 consecutive years, with $33.9 million the latest figure, recorded 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 improved to $33.9 million in Q4 2025 per ARI's latest filing, from $28.3 million in the prior quarter.
• Across five years, Accumulated Expenses topped out at $39.7 million in Q3 2024 and bottomed 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.
• The sharpest annual moves came in 2024 and 2025: Accumulated Expenses fell 8.87% in 2024, then rose 19.87% in 2025.
• Over 3 years, Accumulated Expenses stood at $31.0 million in 2023, then declined by 8.87% to $28.3 million in 2024, then grew by 19.87% to $33.9 million in 2025.
• According to Business Quant data, Accumulated Expenses over the past three periods registered $33.9 million, $28.3 million, and $39.7 million for Q4 2025, Q4 2024, and Q3 2024 respectively.