Every 10-Q that Apollo Commercial Real Estate Finance, Inc. (ARI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ARI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ARI filings page.
Apollo Commercial Real Estate Finance, Inc. completed a major transformation in the first half of 2026 by selling its commercial real estate loan portfolio to Athene for approximately $8.6 billion. Proceeds were used to repay all secured credit facilities, the Barclays private securitization, the $746.3 million 2030 term loan, and to fund the redemption of $500.0 million of senior secured notes, leaving no secured debt outstanding as of June 30 2026.
The balance sheet shrank sharply, with total assets declining to $2.14 billion from $9.90 billion, driven by the reduction of commercial mortgage and subordinate loans to zero and a rise in cash and cash equivalents to $1.24 billion. Real estate owned, held for investment, totaled $857.0 million across three properties in Washington, D.C., Brooklyn, and Atlanta. For the quarter, net income available to common stockholders was $22.7 million on total net revenue of $44.4 million, supported by $36.2 million of revenue from real estate owned operations and a $379.2 million decrease in CECL allowances, partially offset by a $339.1 million net realized loss on investments related to the loan sale.
The company declared substantial common dividends, including $3.75 per share for the second quarter and $4.00 per share year-to-date, while shares outstanding fell to 128.2 million after repurchases. With CECL allowances reduced to zero and all structured financing facilities repaid, the company now primarily holds cash, equity in its real estate owned portfolio, and an equity method investment in a Massachusetts healthcare joint venture.
Apollo Commercial Real Estate Finance, Inc. reported essentially unchanged profitability for the quarter ended March 31, 2026. Net income was $26.2 million versus $26.0 million a year earlier, with net income available to common stockholders of $23.2 million and basic and diluted EPS of $0.16.
Total net revenue declined to $58.6 million from $65.8 million, as higher interest income was offset by lower real estate owned revenue and foreign currency effects. The commercial mortgage and subordinate loan portfolio had a carrying value of $8.88 billion, while real estate owned, held for investment, totaled $852.1 million.
Cash and cash equivalents were $126.8 million, and total assets reached $10.09 billion. Secured debt arrangements, senior secured term loans, and senior secured notes produced total liabilities of $8.28 billion, leaving stockholders’ equity at $1.81 billion. The company maintained a quarterly common dividend of $0.25 per share and repurchased 2.9 million shares for about $30.3 million.
Apollo Commercial Real Estate Finance, Inc. (ARI) reported a return to profitability for Q3 2025. Net income was $50.8 million (EPS $0.34) versus a net loss of $91.5 million a year ago, while nine‑month net income reached $97.5 million compared to a loss of $160.3 million in 2024. Net interest income fell to $40.0 million from $47.0 million, but results benefited from foreign currency and derivative line items and income from an equity method investment.
Total assets rose to $9.52 billion from $8.41 billion at year‑end, driven by growth in commercial mortgage loans, net ($8.15 billion) and real estate owned, held for investment ($827.7 million). Secured debt arrangements, net increased to $5.90 billion. Stockholders’ equity was $1.86 billion. The CECL allowances totaled $374.3 million (including $335.0 million specific and $39.3 million general).
The loan portfolio expanded to $8.30 billion carrying value, with 98% floating rate exposure, a 3.0 weighted‑average remaining fully‑extended term, and $1.03 billion of unfunded commitments. Property mix shifted with Residential at 30.5%, Office 24.5%, and Hotel 17.5%. A quarterly cash dividend of $0.25 per common share was declared. Shares outstanding were 138,943,831 as of October 29, 2025.