10-Q quarterly report · filed Apr 28, 2026

Apollo Commercial Real Estate Finance, Inc. (ARI) Q1 2026 10-Q Quarterly Report

Short answer

Apollo Commercial Real Estate Finance, Inc. (ARI) filed its Q1 2026 10-Q quarterly report on Apr 28, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $59M (down 10.9% year over year) with net income of $26M.

Q1 2026 key financials · XBRL

Revenue
$59M
−10.9% YoY
Net income
$26M
+0.9% YoY
EPS (diluted)
$0.16
+0.0% YoY

Source: XBRL data from the Apollo Commercial Real Estate Finance, Inc. (ARI) Q1 2026 10-Q on SEC EDGAR. USD.

Apollo Commercial Real Estate Finance, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Critical accounting policies unchanged from latest Form 10-K
  • Fair-value estimates for real estate owned subject to capitalization rates, discount rates, comparable sales, and operating cash-flow assumptions
  • CECL allowance based on historical losses from 1998 through first quarter 2026
  • General CECL allowance sensitive to macroeconomic forecasts, loan terms, repayments, and future fundings
  • Specific CECL allowances based on collateral fair values, adjusted for estimated selling costs when applicable

Risk Factors

  • Risk Factors section not provided in submitted filing text
  • March repurchases: 2,874,144 shares at $10.52 each
  • Remaining repurchase authorization: $101.353 million under April 27, 2026 program
  • New management agreement dated April 24, 2026 with ACREFI Operating and ACREFI Management
  • Senior secured notes: 4.625% due 2029

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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