Growth Metrics

Apollo Commercial Real Estate Finance (ARI) Operating Expenses (2019 - 2026)

Apollo Commercial Real Estate Finance filings provide 8 years of Operating Expenses readings, the most recent being $36.3 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 5.65% to $36.3 million in Q1 2026 year-over-year; TTM through Mar 2026 was $155.8 million, a 0.27% change, with the full-year FY2025 number at $158.0 million, down 0.73% from a year prior.
  • Operating Expenses hit $36.3 million in Q1 2026 for Apollo Commercial Real Estate Finance, down from $43.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $43.4 million in Q4 2025 to a low of $26.9 million in Q1 2022.
  • Median Operating Expenses over the past 5 years was $37.8 million (2023), compared with a mean of $36.6 million.
  • Biggest five-year swings in Operating Expenses: surged 64.97% in 2022 and later decreased 7.02% in 2025.
  • Apollo Commercial Real Estate Finance's 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 fell by 16.51% to $36.3 million in 2026.
  • The last three reported values for Operating Expenses were $36.3 million (Q1 2026), $43.4 million (Q4 2025), and $37.5 million (Q3 2025) per Business Quant data.