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Apollo Commercial Real Estate Finance (ARI) net income by quarter

Apollo Commercial Real Estate Finance's net income was $25.8M in Q2 2026 (second quarter 2026), -2% from Q1 2026. Over the last 7 quarters it ranged from $20.7M (Q2 2025) to $50.8M (Q3 2025).

Apollo Commercial Real Estate Finance net income by quarterApollo Commercial Real Estate Finance net income by quarter$40.7MQ4 2024$26.0MQ1 2025$20.7MQ2 2025$50.8MQ3 2025$29.2MQ4 2025$26.2MQ1 2026$25.8MQ2 2026
QuarterNet incomeQ/QY/Y
Q2 2026$25.8M-2%+24%
Q1 2026$26.2M-10%+0.9%
Q4 2025$29.2M-43%-28%
Q3 2025$50.8M+145%—
Q2 2025$20.7M-20%—
Q1 2025$26.0M-36%—
Q4 2024$40.7M——

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 net income?

Apollo Commercial Real Estate Finance's net income was $25.8M in Q2 2026 (second quarter 2026), -2% from Q1 2026.

How has Apollo Commercial Real Estate Finance's net income changed?

Over the last 7 quarters it ranged from $20.7M (Q2 2025) to $50.8M (Q3 2025).

Q2 2026 results → · How Apollo Commercial Real Estate Finance makes money →