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

Apollo Commercial Real Estate Finance (ARI) has reported Operating Expenses for 17 consecutive years, with $37.1 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses fell 3.85% year-over-year to $37.1 million; the trailing twelve-month figure through Jun 2026 stood at $154.3 million (changed 0.16% YoY), and the FY2025 full-year result was $158.0 million, down 0.73% from the prior year.
• Operating Expenses grew to $37.1 million in Q2 2026 per ARI's latest filing, from $36.3 million in the prior quarter.
• Across five years, Operating Expenses topped out at $43.4 million in Q4 2025 and bottomed at $26.9 million in Q1 2022.
• Historically, Operating Expenses has averaged $36.7 million across 5 years, with a median of $37.7 million in 2023.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 64.97% in 2022, then dropped 7.02% in 2025.
• Over 5 years, Operating Expenses stood at $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, then declined by 14.64% to $37.1 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $37.1 million, $36.3 million, and $43.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.