ARI · XBRL financial data

Apollo Commercial Real Estate Finance financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (ARI's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	81	84*	81	81	72	70*	66	71	62	73*	59	44
General and administrative	8	7*	7	7	8	7*	7	7	7	8*	6	6
Total operating expenses	37	38*	41	41	39	38*	38	39	38	43*	36	37
Interest expense	122	123*	128	128	—	—	—	—	—	—	—	—
Income tax expense (benefit)	1	(0)*	0	0	0	0*	0	0	0	(0)*	0	0
Net income (loss)	46	47*	(105)	36	(92)	41*	26	21	51	29*	26	26
Earnings per share, basic USD per share	0.30	0.33*	(0.76)	0.23	(0.69)	0.29*	0.16	0.12	0.34	0.21*	0.16	0.11
Earnings per share, diluted USD per share	0.30	—	(0.76)	0.23	(0.69)	0.29*	0.16	0.12	0.34	0.21*	0.16	0.11
Weighted average shares, basic millions of shares	141	141*	142	140	138	138*	139	139	139	139*	139	131
Weighted average shares, diluted millions of shares	141	127*	142	141	138	138*	139	139	140	138*	140	132

Fiscal quarters (ARI's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	308	225	161	175	194	317	166	178	246	140	127	1,239
Total assets	9,157	9,297	9,225	9,272	9,098	8,412	8,784	9,817	9,519	9,901	10,087	2,136
Total liabilities	6,945	7,088	7,178	7,275	7,230	6,537	6,924	7,971	7,657	8,045	8,275	881
Accumulated deficit	(513)	(520)	(678)	(695)	(825)	(823)	(835)	(853)	(840)	(850)	(861)	(1,328)
Total stockholders' equity	2,212	2,209	2,047	1,997	1,868	1,874	1,861	1,846	1,862	1,856	1,812	1,255
Total liabilities and equity	9,157	9,297	9,225	9,272	9,098	8,412	8,784	9,817	9,519	9,901	10,087	2,136
Common shares outstanding (cover page) millions of shares	141	142	142	138	138	139	139	139	139	140	133	128

Fiscal quarters (ARI's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	46	47*	(105)	36	(92)	41*	26	21	51	29*	26	26
Stock-based compensation	4*	4*	4	4*	4*	4*	3	3*	3*	3*	3	3*
Depreciation and amortization	1	1*	5	2	2	2*	2	3	3	3*	4	5
Net cash from operating activities	83*	31*	53	50*	47*	50*	39	63*	32*	8*	13	34*
Net cash from investing activities	115*	(157)*	(167)	(49)*	206*	586*	(458)	(798)*	314*	(446)*	(227)	9,126*
Share repurchases	0*	0*	—	—	3*	0*	0	0*	0*	0*	30	93*
Dividends paid	50*	50*	51	51*	49*	35*	35	35*	35*	36*	36	35*
Net cash from financing activities	(198)*	43*	48	11*	(235)*	(513)*	266	744*	(279)*	333*	201	(8,049)*

SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Apollo Commercial Real Estate Finance	1,239	44	34*	128.2M	Q2 FY26 10-QJun 30, 2026
Alexander & Baldwin	11	51*	13*	72.9M	Q4 FY25 10-KDec 31, 2025
Sila Realty Trust	31	53	29	55.2M	Q1 FY26 10-QMar 31, 2026
Empire State Realty Trust	86	197	20*	not reported	Q2 FY26 10-QJun 30, 2026
Elme Communities	41	not reported	not reported	88.9M	Q2 FY26 10-QJun 30, 2026
EagleRock Land	62	42	not reported	not reported	Q2 FY26 10-QJun 30, 2026
Veris Residential	9.4	70	14	93.8M	Q1 FY26 10-QMar 31, 2026
NETSTREIT	42	66	42*	125.6M	Q3 FY26 10-QSep 30, 2026
UMH Properties	38	74	16*	85.7M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.