Apollo Commercial Real Estate Finance (ARI) Interest Expenses (2010 - 2026)
Apollo Commercial Real Estate Finance's (ARI) quarterly Interest Expenses came in at $33.6 million in Q2 2026, down 72.95% on a YoY basis from $124.2 million in Q2 2025, and down 70.52% quarter-over-quarter from $113.9 million in Q1 2026.
Analysis
Apollo Commercial Real Estate Finance (ARI) Interest Expenses (2010 - 2026) Analysis & Trends
Apollo Commercial Real Estate Finance (ARI) has reported Interest Expenses for 17 consecutive years, with $33.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses fell 72.95% year-over-year to $33.6 million; the trailing twelve-month figure through Jun 2026 stood at $378.4 million (down 20.65% YoY), and the FY2025 full-year result was $460.1 million, down 8.7% from the prior year.
- Interest Expenses declined to $33.6 million in Q2 2026 per ARI's latest filing, from $113.9 million in the prior quarter.
- Across five years, Interest Expenses topped out at $134.1 million in Q3 2024 and bottomed at $33.6 million in Q2 2026.
- Historically, Interest Expenses has averaged $102.7 million across 5 years, with a median of $114.6 million in 2025.
- The sharpest annual moves came in 2023 and 2026: Interest Expenses jumped 132.43% in 2023, then slumped 72.95% in 2026.
- Over 5 years, Interest Expenses stood at $96.6 million in 2022, then increased by 27.51% to $123.1 million in 2023, then decreased by 7.83% to $113.5 million in 2024, then climbed by 1.75% to $115.5 million in 2025, then plunged by 70.92% to $33.6 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $33.6 million, $113.9 million, and $115.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.32 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 709.00 Mn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 344.58 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 15.50 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 208.97 Mn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 89.56 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 227.18 Mn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 98.55 Mn |
| 10 | Apollo Commercial Real Estate Finance | 890.30 Mn | -349.18 Mn | - | 33.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.59 Mn |
| Mar 31, 2026 | 113.92 Mn |
| Dec 31, 2025 | 115.49 Mn |
| Sep 30, 2025 | 115.37 Mn |
| Jun 30, 2025 | 124.18 Mn |
| Mar 31, 2025 | 105.06 Mn |
| Dec 31, 2024 | 113.50 Mn |
| Sep 30, 2024 | 134.09 Mn |
| Jun 30, 2024 | 128.47 Mn |
| Mar 31, 2024 | 127.89 Mn |
| Dec 31, 2023 | 123.15 Mn |
| Sep 30, 2023 | 121.82 Mn |
| Jun 30, 2023 | 116.28 Mn |
| Mar 31, 2023 | 104.87 Mn |
| Dec 31, 2022 | 96.58 Mn |
| Sep 30, 2022 | 72.30 Mn |
| Jun 30, 2022 | 56.53 Mn |
| Mar 31, 2022 | 45.12 Mn |
| Dec 31, 2021 | 44.73 Mn |
| Sep 30, 2021 | 42.39 Mn |