Apollo Commercial Real Estate Finance (ARI) Interest Expenses (2010 - 2026)
Apollo Commercial Real Estate Finance's (ARI) quarterly Interest Expenses came in at $113.9 million in Q1 2026, up 8.44% YoY from $105.1 million in Q1 2025, and up 2.58% on a QoQ basis from $111.1 million in Q4 2025.
Apollo Commercial Real Estate Finance (ARI) Interest Expenses (2010 - 2026) Analysis & Trends
Apollo Commercial Real Estate Finance (ARI) has 17 years of Interest Expenses data on file, last reported at $113.9 million in 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 $464.5 million (down 3.45% YoY) and the FY2025 annual result came in at $460.1 million, down 8.7% from the prior year.
- Interest Expenses grew to $113.9 million in Q1 2026, from $111.1 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $149.3 million in Q4 2023 to a low of -$122.5 million in Q4 2022.
- A 5-year average of $95.1 million and a median of $113.9 million in 2026 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses slumped 716.04% — and 2023, when it soared 221.91%.
- Tracing ARI's Interest Expenses over 5 years: stood at -$122.5 million in 2022, then soared by 221.91% to $149.3 million in 2023, then retreated by 23.97% to $113.5 million in 2024, then declined by 2.16% to $111.1 million in 2025, then gained by 2.58% to $113.9 million in 2026.
- The last three Interest Expenses figures came in at $113.9 million (Q1 2026), $111.1 million (Q4 2025), and $115.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 1.32 Bn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 709.00 Mn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 344.58 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 201.50 Mn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 208.97 Mn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 227.18 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 285.73 Mn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 98.55 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 104.22 Mn |
| 10 | Apollo Commercial Real Estate Finance | 894.23 Mn | -345.25 Mn | - | 33.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.59 Mn |
| Jun 30, 2026 | 33.59 Mn |
| Mar 31, 2026 | 113.92 Mn |
| Mar 31, 2026 | 113.92 Mn |
| Dec 31, 2025 | 111.06 Mn |
| Dec 31, 2025 | 111.06 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 | 113.50 Mn |
| Dec 31, 2024 | 113.50 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 |