Apollo Commercial Real Estate Finance (ARI) Interest Expenses (2010 - 2026)
Apollo Commercial Real Estate Finance's Interest Expenses came in at $33.59 million for Q2 2026, down 73.0% from $124.18 million a year earlier and down 70.5% from the prior quarter.
Apollo Commercial Real Estate Finance (ARI) Interest Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Apollo Commercial Real Estate Finance reported Interest Expenses of $378.36 million, down 20.6% year-over-year; for FY2025, it came in at $460.09 million, down 8.7% from FY2024.
- Interest Expenses carries a five-year compound annual growth rate of 25.3% (FY2020 to FY2025).
- Going back by year, Interest Expenses was $503.95 million in FY2024 (+8.1%), $466.11 million in FY2023 (+72.3%), $270.53 million in FY2022 (+66.5%) and $162.52 million in FY2021 (+9.2%).
- The Q2 2026 figure represents the lowest quarterly Interest Expenses since Q2 2019.
- Year-over-year, Interest Expenses increased in three of the last eight quarters, with an average decline of 12.0%.
- The fastest year-over-year change in Interest Expenses over five years came in Q1 2023 (growth of 132.4%), and the weakest in Q2 2026 (a decline of 73.0%).
- Business Quant data shows ARI's Interest Expenses at $113.92 million (Q1 2026), $115.49 million (Q4 2025) and $115.37 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 374.00 Mn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 33.32 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 975.00 Mn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 214.00 Mn |
| 10 | Apollo Commercial Real Estate Finance | 801.33 Mn | -950.68 Mn | - | 33.59 Mn |
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 |
Apollo Commercial Real Estate Finance Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=ARI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "ARI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=ARI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();