Recent Press Releases & News
ARI earnings at a glance
Apollo Commercial Real Estate Finance (ARI) is scheduled to report earnings on Thursday, October 29, 2026 — in 5 days. Analysts expect earnings per share of -$0.21, compared with $0.27 in the same quarter last year (-178%). The options market is pricing a move of about ±37.7% after the report, a range of roughly $4.00 to $8.84 from today's $6.42. Over its last 6 reports the stock rose the next day 2 times and fell 4, moving ±1.5% on average; after the most recent report on Aug 11, 2026 it moved +1.1%. That means options currently expect more movement than ARI has typically delivered. ARI beat the consensus EPS estimate in 3 of its last 6 reported quarters. Implied volatility is currently 319%. The share price of $6.42 sits near its 52-week low.
Overview
Earnings trends
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Tue Aug 11, 2026 | Jun/2026 | $0.13 | $0.05 | +160.0% | -79.2% | +1.1% | earnings |
| Tue Apr 28, 2026 | 8K 2026-04-28 | $0.20 | $0.27 | -25.9% | — | -2.9% | earnings |
| Tue Feb 10, 2026 | 8K 2026-02-10 | $0.24 | $0.25 | -4.0% | — | -0.3% | earnings |
| Thu Oct 30, 2025 | Sep/2025 | $0.27 | $0.02 | +1,250% | — | -2.0% | earnings |
| Tue Jul 29, 2025 | Jun/2025 | $0.24 | $0.23 | +4.3% | — | -1.3% | earnings |
| Thu Apr 24, 2025 | Mar/2025 | $0.22 | $0.24 | -8.3% | — | +1.3% | earnings |
| Mon Sep 30, 2024 | Sep 2024 | $-0.69 | — | — | — | — | financials |
| Sun Jun 30, 2024 | Jun 2024 | $0.23 | — | — | — | — | financials |
| Sun Mar 31, 2024 | Mar 2024 | $-0.76 | — | — | — | — | financials |
| Sat Sep 30, 2023 | Sep 2023 | $0.30 | — | — | — | — | financials |
| Fri Jun 30, 2023 | Jun 2023 | $-0.62 | — | — | — | — | financials |
| Fri Mar 31, 2023 | Mar 2023 | $0.32 | — | — | — | — | financials |
Upcoming
| Date | Fiscal | Time | EPS Est | LY EPS | YoY %Δ |
|---|---|---|---|---|---|
| Thu Oct 29, 2026 | Sep/2026 | OTHER | -$0.21 | $0.27 | -177.8% |
Financials
Income statement (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $44M | $59M | — | $62M | $71M | $66M | — | $72M |
| Cost of revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $26M | $26M | — | $51M | $21M | $26M | — | $-92M |
| EPS (diluted) | $0.11 | $0.16 | — | $0.34 | $0.12 | $0.16 | — | $-0.69 |
Balance sheet (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.24B | $127M | $140M | $246M | $178M | $166M | $317M | $194M |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — |
| Total assets | $2.14B | $10.09B | $9.90B | $9.52B | $9.82B | $8.78B | $8.41B | $9.10B |
| Long-term debt | — | — | — | — | — | — | — | — |
| Total liabilities | $881M | $8.28B | $8.04B | $7.66B | $7.97B | $6.92B | $6.54B | $7.23B |
| Total equity | $1.25B | $1.81B | $1.86B | $1.86B | $1.85B | $1.86B | $1.87B | $1.87B |
Implied volatility — last 90 days
Sector peers
ARI earnings FAQ
When is ARI's next earnings date?
Apollo Commercial Real Estate Finance is expected to report on October 29, 2026.
What is ARI's expected move for earnings?
Options currently price a move of about ±37.7%, or $2.42 per share either way from $6.42.
How does ARI stock usually react to earnings?
Across the last 6 reports the average next-day move was ±1.5%, up 2 times and down 4 times.
What EPS are analysts expecting from Apollo Commercial Real Estate Finance?
The consensus estimate is -$0.21 per share, versus $0.27 a year ago.
What is ARI's implied volatility?
ARI's at-the-money implied volatility is about 319% based on the latest options snapshot.