Apollo Commercial Real Estate Finance (ARI) Revenue (2020 - 2026)

Apollo Commercial Real Estate Finance posted quarterly Revenue of $58.6 million for Q1 2026, down 10.91% year-on-year from $65.8 million in Q1 2025, and down 19.96% on a QoQ basis from $73.3 million in Q4 2025.

Apollo Commercial Real Estate Finance (ARI) Revenue (2020 - 2026) Analysis & Trends

Apollo Commercial Real Estate Finance (ARI) has 7 years of Revenue data on file, last reported at $58.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Revenue fell 10.91% year-over-year to $58.6 million; the trailing twelve-month figure through Mar 2026 stood at $264.4 million (down 8.49% YoY), and the FY2025 full-year result was $271.6 million, down 10.56% from the prior year.
  • Revenue for Q1 2026 stood at $58.6 million, down from $73.3 million in the prior quarter.
  • Across five years, Revenue topped out at $92.2 million in Q2 2023 and bottomed at $58.6 million in Q1 2026.
  • The 5-year median for Revenue is $76.0 million (2022), against an average of $75.4 million.
  • The widest annual swing landed in 2023, when Revenue jumped 35.74%; it then slipped 18.28% in 2025.
  • A 5-year view of Revenue shows it stood at $87.1 million in 2022, then decreased by 3.43% to $84.2 million in 2023, then retreated by 16.28% to $70.5 million in 2024, then rose by 3.97% to $73.3 million in 2025, then dropped by 19.96% to $58.6 million in 2026.
  • The last three Revenue figures came in at $58.6 million (Q1 2026), $73.3 million (Q4 2025), and $61.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Annaly Capital Management 15.59 Bn 13.33 Bn - -
2 AGNC Investment 11.51 Bn 10.84 Bn - -
3 Starwood Property Trust 6.16 Bn 6.17 Bn - 512.46 Mn
4 Rithm Capital 5.06 Bn 4.76 Bn - 1.38 Bn
5 Blackstone Mortgage Trust 3.03 Bn 2.48 Bn - -116.38 Mn
6 Dynex Capital 2.59 Bn 1.82 Bn - -
7 Armour Residential REIT 2.04 Bn 1.31 Bn - -
8 Ellington Financial 1.65 Bn 1.37 Bn - 171.27 Mn
9 Two Harbors Investment 1.30 Bn 751.39 Mn - -
10 Apollo Commercial Real Estate Finance - - - 58.63 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 58.63 Mn
Dec 31, 2025 73.25 Mn
Sep 30, 2025 61.62 Mn
Jun 30, 2025 70.90 Mn
Mar 31, 2025 65.82 Mn
Dec 31, 2024 70.46 Mn
Sep 30, 2024 71.57 Mn
Jun 30, 2024 81.11 Mn
Mar 31, 2024 80.54 Mn
Dec 31, 2023 84.15 Mn
Sep 30, 2023 81.16 Mn
Jun 30, 2023 92.16 Mn
Mar 31, 2023 87.12 Mn
Dec 31, 2022 87.14 Mn
Sep 30, 2022 76.30 Mn
Jun 30, 2022 76.02 Mn
Mar 31, 2022 64.18 Mn
Dec 31, 2021 70.86 Mn
Sep 30, 2021 66.65 Mn
Jun 30, 2021 75.86 Mn