Apollo Commercial Real Estate Finance (ARI)
Winding down a formerly Apollo-managed commercial real estate loan REIT.
$6.40
After-hours close−0.02 (−0.31%)
At close$6.42(−0.16%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 214 | 215 | 214 | 215 | 77 | 196 | 174 | 187 | 167 | 183 | 173 | −261 |
| Cost of revenue | 31 | 31 | 39 | 36 | 33 | 34 | 34 | 35 | 34 | 39 | 132 | 36 |
| Gross profit | 184 | 184 | 176 | 179 | 43 | 162 | 140 | 152 | 133 | 143 | 40 | −297 |
| −27 | 70 | 133 | 15 | 62 | −67 | 50 | 81 | −29 | 2 | 18 | −360 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16 | 14 | 6 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 14 | 6 |
| Other expenses | −27 | 70 | 133 | 15 | 62 | −67 | 50 | 81 | −29 | −14 | 4 | −366 |
| Operating income | 211 | 114 | 43 | 164 | −19 | 229 | 89 | 71 | 163 | 141 | 22 | 63 |
| −164 | −67 | −148 | −129 | −72 | −188 | −63 | −50 | −112 | −112 | 4 | −37 | |
| Interest income | 182 | 181 | 185 | 180 | 181 | 157 | 145 | 167 | 155 | 160 | 150 | 42 |
| Interest expense | 122 | 123 | 128 | 128 | 134 | 114 | 105 | 124 | 115 | 115 | 114 | 34 |
| Other non-operating income | 43 | −56 | 20 | 0 | −62 | 75 | −42 | −74 | −4 | −4 | −118 | 4 |
| Income before tax | 47 | 46 | −104 | 36 | −91 | 41 | 26 | 21 | 51 | 29 | 26 | 26 |
| Income tax expense | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | 46 | 47 | −105 | 36 | −92 | 41 | 26 | 21 | 51 | 29 | 26 | 26 |
| Net income | 46 | 47 | −105 | 36 | −92 | 41 | 26 | 21 | 51 | 29 | 26 | 26 |
| EPS, basic | $0.30 | $0.30 | −$0.76 | $0.23 | −$0.69 | $0.27 | $0.16 | $0.12 | $0.34 | $0.18 | $0.16 | $0.11 |
| EPS, diluted | $0.30 | $0.30 | −$0.76 | $0.23 | −$0.69 | $0.27 | $0.16 | $0.12 | $0.34 | $0.18 | $0.16 | $0.11 |
| Weighted average shares, basic | 141 | 141 | 142 | 140 | 138 | 138 | 139 | 139 | 139 | 139 | 139 | 131 |
| Weighted average shares, diluted | 141 | 141 | 142 | 141 | 138 | 138 | 139 | 139 | 140 | 139 | 140 | 132 |
| EBITDA | 169 | 171 | 28 | 167 | 45 | 157 | 134 | 148 | 169 | 148 | 144 | 64 |
| Depreciation & amortization | 1 | 1 | 5 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 5 |
| EBIT | 168 | 170 | 23 | 164 | 43 | 154 | 131 | 145 | 166 | 145 | 140 | 59 |
