Growth Metrics

Apollo Commercial Real Estate Finance (ARI) Operating Expenses (2019 - 2025)

Apollo Commercial Real Estate Finance (ARI) has disclosed Operating Expenses for 7 consecutive years, with $43.4 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 12.85% year-over-year to $43.4 million, compared with a TTM value of $158.0 million through Dec 2025, down 0.73%, and an annual FY2025 reading of $158.0 million, down 0.73% over the prior year.
  • Operating Expenses was $43.4 million for Q4 2025 at Apollo Commercial Real Estate Finance, up from $37.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $43.4 million in Q4 2025 and bottomed at $16.3 million in Q1 2021.
  • Average Operating Expenses over 5 years is $33.8 million, with a median of $37.3 million recorded in 2023.
  • The sharpest move saw Operating Expenses skyrocketed 80.8% in 2021, then dropped 7.02% in 2025.
  • Year by year, Operating Expenses stood at $30.5 million in 2021, then grew by 11.98% to $34.1 million in 2022, then rose by 10.71% to $37.8 million in 2023, then rose by 1.82% to $38.5 million in 2024, then increased by 12.85% to $43.4 million in 2025.
  • Business Quant data shows Operating Expenses for ARI at $43.4 million in Q4 2025, $37.5 million in Q3 2025, and $38.6 million in Q2 2025.