---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-343027"
form_type: "8-K"
ticker: "ARI"
cik: "0001467760"
company_name: "Apollo Commercial Real Estate Finance, Inc."
filed_at: "2026-08-11T00:56:17+00:00"
generated_at: "2026-08-11T10:10:59.612427+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# ARI Q2 2026: GAAP EPS $0.11, Distributable EPS ($2.62) after loan portfolio sale to Athene

## Summary
- GAAP net income $0.11 per diluted share for Q2 2026.
- Distributable Earnings per diluted share ($2.62); prior to realized losses and debt extinguishment, $0.15.
- Six-month results include realized losses from sale of commercial real estate loan portfolio to Athene Holding Ltd.
- Portfolio sale excluded loans repaid pre-closing and one $46M loan repaid after closing; also loss on discounted loan repayment.

## SEC filing metadata
- accession: 0001193125-26-343027
- form_type: 8-K
- ticker: ARI
- cik: 0001467760
- company_name: Apollo Commercial Real Estate Finance, Inc.
- filed_at: 2026-08-11T00:56:17+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1467760/000119312526343027/0001193125-26-343027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1467760/000119312526343027/d155213d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-343027
- JSON: https://secwatch.observer/filing/0001193125-26-343027.json
- Plain text: https://secwatch.observer/filing/0001193125-26-343027.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.