Apollo Commercial Real Estate Finance revenue ARI
Sales by quarter and over the last twelve months, from 2020.
- Last 12 months, to Jun 30, 2026
- $237.9M
- Latest quarter, Q2 FY26
- $44.4M
- −37% on a year earlier
- Fiscal year 2025
- $271.6M
- −11% on the year before
Apollo Commercial Real Estate Finance's revenue was $237.9M over the twelve months to Jun 30, 2026, down 15% on a year earlier.
In its latest quarter, Q2 FY26, it was $44.4M, down 37% on the same quarter a year before.
Revenue over time
Fiscal year by fiscal year
| Fiscal year | Revenue | Change |
|---|---|---|
| FY2025 | $271.6M | −11% |
| FY2024 | $303.7M | −12% |
| FY2023 | $344.6M | +13% |
| FY2022 | $303.6M | +7% |
| FY2021 | $284.5M | n/a |
| FY2020 | n/a | n/a |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Revenue | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY26 | $44.4M | −37% | $237.9M | |
| Q1 FY26 | $58.6M | −11% | $264.4M | |
| Q4 FY25 | $73.3M | +4% | $271.6M | |
| Q3 FY25 | $61.6M | −14% | $268.8M | |
| Q2 FY25 | $70.9M | −13% | $278.7M | |
| Q1 FY25 | $65.8M | −18% | $289M | |
| Q4 FY24 | $70.5M | −16% | $303.7M | |
| Q3 FY24 | $71.6M | −12% | $317.4M | |
| Q2 FY24 | $81.1M | −12% | $327M | |
| Q1 FY24 | $80.5M | −8% | $338M | |
| Q4 FY23 | $84.2M | −3% | $344.6M | |
| Q3 FY23 | $81.2M | +6% | $347.6M |
Against its peers
Companies in REIT - Specialty nearest Apollo Commercial Real Estate Finance's size, closest first, today.
| Company | Revenue, 12 months | Growth |
|---|---|---|
| ARIApollo Commercial Real Estate Finance | $237.9M | −15% a year |
| SAFESafehold | $419.5M | +12% a year |
| CTOCTO Realty Growth | $161.1M | +14% a year |
| BFSSaul Centers | $302.2M | +9% a year |
| CSRCenterspace | $268.9M | +1% a year |
| ADAMAdamas Trust | n/m | |
| MFAMFA Financial | n/m | |
| PSTLPostal Realty Trust | $105.6M | +22% a year |
| CLDTChatham Lodging Trust | $301.5M | −3% a year |
| DEAEasterly Government Properties | $357.2M | +13% a year |
| PMTPennyMac Mortgage Investment Trust | $347.7M | +15% a year |
| Peer median | $301.8M |
What the revenue tells you
Total sales in the period. On the company page, quarterly bars or the trailing twelve months (TTM), which smooths seasonality.
Growing revenue with shrinking margins is a warning, not a win.
More on Apollo Commercial Real Estate Finance
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.