Filing Flows › Apollo Commercial Real Estate Finance (ARI) › Free cash flow
Apollo Commercial Real Estate Finance (ARI) free cash flow by quarter
Apollo Commercial Real Estate Finance's free cash flow was $24.5M in Q2 2026 (second quarter 2026), +238% from Q3 2025. Over the last 5 quarters it ranged from $3.7M (Q4 2024) to $30.7M (Q2 2025).
| Quarter | Free cash flow | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | $24.5M | +238% | -20% |
| Q3 2025 | $7.3M | -76% | — |
| Q2 2025 | $30.7M | +113% | — |
| Q1 2025 | $14.4M | +290% | — |
| Q4 2024 | $3.7M | — | — |
Q2 2026 at a glance
Apollo Commercial Real Estate Finance, Q2 2026: revenue $44.4M (-37% year over year), operating margin 58.1%, net earnings $25.8M, operating cash flow $33.9M. The chart follows the revenue to costs, profit and cash.
Questions
What is Apollo Commercial Real Estate Finance's free cash flow?
Apollo Commercial Real Estate Finance's free cash flow was $24.5M in Q2 2026 (second quarter 2026), +238% from Q3 2025.
How has Apollo Commercial Real Estate Finance's free cash flow changed?
Over the last 5 quarters it ranged from $3.7M (Q4 2024) to $30.7M (Q2 2025).
Q2 2026 results → · How Apollo Commercial Real Estate Finance makes money →