Apollo Commercial Real Estate Finance (ARI) Interest Expenses (2010 - 2026)

Apollo Commercial Real Estate Finance (ARI) posted Interest Expenses of $113.9 million for Q1 2026, down 1.35% on a QoQ basis from $115.5 million in Q4 2025, and up 8.44% year-over-year from $105.1 million in Q1 2025.

Apollo Commercial Real Estate Finance (ARI) Interest Expenses (2010 - 2026) Analysis & Trends

Apollo Commercial Real Estate Finance's Interest Expenses history runs 17 years deep, the most recent figure standing at $113.9 million for Q1 2026.

  • Quarterly Interest Expenses rose 8.44% year-over-year to $113.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $469.0 million (down 5.74% YoY) and the FY2025 annual result came in at $460.1 million, down 8.7% from the prior year.
  • Interest Expenses was $113.9 million for Q1 2026 at Apollo Commercial Real Estate Finance, down from $115.5 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $385.4 million in Q4 2023 and bottomed at -$122.5 million in Q4 2022.
  • A 5-year average of $110.2 million and a median of $115.5 million in 2025 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2022 — Interest Expenses tumbled 373.78% — and 2023, when it soared 414.67%.
  • Apollo Commercial Real Estate Finance's Interest Expenses stood at -$122.5 million in 2022, then surged by 414.67% to $385.4 million in 2023, then sank by 66.3% to $129.9 million in 2024, then dropped by 11.08% to $115.5 million in 2025, then slipped by 1.35% to $113.9 million in 2026.
  • Business Quant data shows ARI's Interest Expenses at $113.9 million in Q1 2026, $115.5 million in Q4 2025, and $115.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 1.27 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - 731.00 Mn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 328.91 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 444.66 Mn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 220.74 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 97.38 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - 178.14 Mn
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 285.73 Mn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 131.16 Mn
10 Apollo Commercial Real Estate Finance 940.39 Mn 813.54 Mn - 113.92 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 113.92 Mn
Mar 31, 2026 113.92 Mn
Dec 31, 2025 115.49 Mn
Dec 31, 2025 115.49 Mn
Sep 30, 2025 115.37 Mn
Sep 30, 2025 115.37 Mn
Jun 30, 2025 124.18 Mn
Jun 30, 2025 124.18 Mn
Mar 31, 2025 105.06 Mn
Mar 31, 2025 105.06 Mn
Dec 31, 2024 129.88 Mn
Dec 31, 2024 129.88 Mn
Sep 30, 2024 134.09 Mn
Sep 30, 2024 134.09 Mn
Jun 30, 2024 128.47 Mn
Jun 30, 2024 128.47 Mn
Mar 31, 2024 127.89 Mn
Mar 31, 2024 127.89 Mn
Dec 31, 2023 385.36 Mn
Dec 31, 2023 385.36 Mn