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Apollo Commercial Real Estate Finance, Inc. (ARI)
NYSE: ARI · Real-Time Price · USD
6.45
-0.05 (-0.77%)
At close: Sep 17, 2026, 4:00 PM EDT
6.45
0.00 (0.00%)
After-hours: Sep 17, 2026, 6:30 PM EDT

ARI Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
132126.96126.72138.17-4.1710.88-119.64-113.7523.87-95.3158.137.6144.56298.91265.23306.32183.68180.42223.52223.1
Depreciation & Amortization
14.812.711.1710.159.719.4711.6710.3398.928.257.216.193.990.71.82.93.352.651.55
Other Amortization
15.8918.3717.2217.0517.0717.1717.4217.7516.5716.1815.9615.0614.4712.9912.0312.9612.9113.413.7412.57
Loss (Gain) From Sale of Investments
312.01-29.36-25.28-23.21100.1899.9799.6102.35-25.2660.5965.8687.7638.22-57.26-77.34-130.32-123.03-102.74-49.59-62.13
Provision for Credit Losses
-386.41-4.073.23-0.54.9612.11155.78156.27151.33202.7259.4380.4830.75-31.84-17.62-36.0813.72-14.92-34.77-62.94
Loss (Gain) on Equity Investments
-16.36-15.83-15.41-15.671.40.69----------0.160.160.160.16
Stock-Based Compensation
12.913.2513.6314.214.9515.7116.4716.8617.0517.2717.4417.6117.7717.9118.2518.2218.1117.9417.6317.24
Change in Accounts Payable
-31.04-23.657.86-89.37-71.14-85-75.4812.821.974.9-0.77-5.554.7815.1212.523.898.158.984.467.55
Change in Other Net Operating Assets
66.159.9518.9563.7840.3821.9913.7-27.091.59-17.55-0.4511.9943.0147.2860.7860.6215.3448.0937.237.41
Other Operating Activities
-33.43-42.54-15.5669.686.3583.7580.745.6321.2318.7350.0263.4528.121.21-6.83-19.124.6529.69-15.62-6.25
Operating Cash Flow
86.46115.77142.52184.21199.71186.73200.26181.17217.37216.46273.86285.6327.84328.3267.71259.63177.88205.13199.38215.89
Operating Cash Flow Growth (YoY)
-56.71%-38.00%-28.83%1.68%-8.12%-13.73%-26.88%-36.57%-33.70%-34.07%2.30%10.01%84.30%60.04%34.27%20.26%-23.17%33.32%21.54%8.94%

Investing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash Acquisitions
--------0.57-0.57-0.57-0.570.570.57---4.154.154.15
Investment in Securities
14.6314.4712.0821.744.825.779.02-------------
Net Decrease (Increase) in Loans Originated / Sold - Investing
8,697-1,176-1,304-404.07-352.43335.45577.6154.32-144.33-61.01239.35632.13217.55-710.93-1,470-2,436-1,903-1,803-1,496-835.77
Other Investing Activities
120.9692.995.09155.4533.44101.39160.05-71.68.71-27.96-98.86-163.98-50.6683.09164.07339.87225.28120.292.4911.65
Investing Cash Flow
8,768-1,156-1,387-354.96-462.7286.14577.17-165.99-257.17-185.3768.42409.65105.07-674.39-1,339-2,117-1,678-1,636-1,357-777.69

Financing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Long-Term Debt Issued
--3,850---2,161---806.84---3,001---3,077-
Total Debt Issued
2,4044,0303,8503,4872,9682,0402,1612,2511,7361,181806.84422.31,1352,1623,0014,0413,4823,4703,0772,074
Long-Term Debt Repaid
---2,598----2,593----916.85----1,807----1,661-
Total Debt Repaid
-9,902-2,811-2,598-3,084-2,504-2,271-2,593-2,108-1,561-1,152-916.85-904.98-1,263-1,463-1,807-1,855-1,847-1,872-1,661-1,435
Net Debt Issued (Repaid)
-7,4981,2201,252403.49463.81-231.03-431.93143.67175.4529.59-110-482.68-128.22699.131,1942,1861,6351,5981,416639.28
Repurchase of Common Stock
-129.17-35.92-5.01-5.04-8.03-45.96-48.29-48.29-45.34-7.43-6.86-6.82-6.71-6.7-6.97-6.97-2.69-6.97-4.28-36.19
Common Dividends Paid
-140.93-141.46-141.28-140.59-155.18-170.53-185.95-201.26-202.39-202.22-202.02-201.66-201.3-200.95-200.57-200.3-200.26-199.97-199.65-200.68
Preferred Dividends Paid
-12.27-12.27-12.27-12.27-12.27-12.27-12.27-12.27-12.27-12.27-12.27-12.27-12.27-12.27-12.27-12.27-12.33-12.65-12.96-13.28
Total Dividends Paid
-153.21-153.73-153.55-152.86-167.46-182.8-198.22-213.53-214.66-214.49-214.29-213.94-213.58-213.22-212.85-212.58-212.59-212.62-212.61-213.96
Other Financing Activities
-13.74-30.43-28.41-27.15-26.13-11.49-10.87-14.92-11.19-9.79-12.21-8.35-18.75-18.84-16.49-24.53121.36-22.18-24.06-22.16
Financing Cash Flow
-7,794999.431,065218.45262.19-471.28-689.31-133.07-95.75-202.12-343.36-711.78-367.26460.37957.971,9421,5411,3571,175366.98

Net Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Foreign Exchange Rate Adjustments
1.621.512.23.873.723.653.262.03-0.780.68-0.611.55-3.56-2.34-1.73-3.023.81---
Net Cash Flow
1,062-39.58-177.5751.572.925.2391.96-113.56-133.35-170.343.41-11.4266.43115.78-121.0875.8537.04-78.3117.61-194.82

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash Interest Paid
413.33465.31455.66457.01466.12481.05495.49500.88488.51470.11443.63411.84364.97301.17246.37192.93163.6136.36137.67125.33
Cash Income Tax Paid
0.110.190.190.130.150.030.030.030.80.80.80.8--------
SEC Filings: 10-K · 10-Q