APOLLO COMMERCIAL REAL ESTATE FINANCE financials
$6.23+0.48%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $78.0M | $172.6M | $187.4M | $177.0M | $194.5M | $170.3M | $180.4M | $205.7M | $208.7M | $208.4M | $190.0M | $203.0M |
| Gross profit | $78.0M | $172.6M | $187.4M | $177.0M | $194.5M | $170.3M | $180.4M | $205.7M | $208.7M | $208.4M | $190.0M | $203.0M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $40.9M | $147.7M | $140.8M | $139.5M | $156.0M | $136.4M | -$13.9M | $167.1M | $157.8M | $28.8M | $92.8M | $165.8M |
| Net income | $14.2M | $23.2M | $25.5M | $47.0M | $17.1M | $22.9M | $36.7M | -$95.2M | $32.7M | -$107.6M | $42.1M | $42.0M |
| Net margin | 18.2% | 13.4% | 13.6% | 26.5% | 8.8% | 13.5% | 20.3% | −46.3% | 15.7% | −51.6% | 22.2% | 20.7% |
| Diluted EPS | $0.11 | $0.16 | $0.19 | $0.34 | $0.12 | $0.16 | $0.27 | $-0.69 | $0.23 | $-0.76 | $0.33 | $0.30 |
| EBITDA | $44.2M | $150.8M | $143.5M | $142.0M | $158.5M | $138.9M | -$11.5M | $169.4M | $160.1M | $33.5M | $92.8M | $166.8M |
| Operating cash flow | $33.9M | $12.6M | $8.2M | $31.7M | $63.2M | $39.3M | $49.9M | $47.2M | $50.2M | $52.8M | $30.8M | $83.4M |
| Free cash flow | $24.5M | -$271.0K | -$10.1M | $7.3M | $30.7M | $14.4M | $3.7M | $2.3M | $9.8M | $14.9M | $5.4M | $65.7M |
| Diluted shares | 131.6M | 139.7M | 137.6M | 139.7M | 139.2M | 139.0M | 138.0M | 138.2M | 140.6M | 141.9M | 126.9M | 141.4M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.24B | $126.8M | $139.8M | $245.9M | $177.6M | $166.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $371.4M | $7.72B | $7.92B | $7.12B | $7.44B | $6.47B |
| Total assets | $2.14B | $10.09B | $9.90B | $9.52B | $9.82B | $8.78B |
| Total liabilities | $881.4M | $8.28B | $8.04B | $7.66B | $7.97B | $6.92B |
| Shareholders' equity | $1.25B | $1.81B | $1.86B | $1.86B | $1.85B | $1.86B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology