Ares Commercial Real Estate annual operating expenses
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Ares Commercial Real Estate Operating Expenses Growth & History (ACRE)
Ares Commercial Real Estate's operating expenses was $41.4M for fiscal 2025.
View full Ares Commercial Real Estate company overviewAres Commercial Real Estate annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $41.4M | $3.5M | +9.17% |
| 2024 | 2024-12-31 | $37.9M | $9.4M | +33.03% |
| 2023 | 2023-12-31 | $28.5M | −$4.2M | −12.88% |
| 2022 | 2022-12-31 | $32.7M | −$8.1M | −19.94% |
| 2021 | 2021-12-31 | $40.9M | $4.6M | +12.57% |
| 2020 | 2020-12-31 | $36.3M | −$3.4M | −8.66% |
| 2019 | 2019-12-31 | $39.8M | $23.5M | +144.78% |
| 2018 | 2018-12-31 | $16.2M | $1.3M | +8.48% |
| 2017 | 2017-12-31 | $15.0M | $544,000 | +3.77% |
| 2016 | 2016-12-31 | $14.4M | $755,000 | +5.52% |
| 2015 | 2015-12-31 | $13.7M | −$878,000 | −6.03% |
| 2014 | 2014-12-31 | $14.5M | −$9.7M | −40.04% |
| 2013 | 2013-12-31 | $24.3M | $18.5M | +321.05% |
| 2012 | 2012-12-31 | $5.8M | — | — |
Ares Commercial Real Estate quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $9.0M | −$1.8M | −16.56% |
| Q1 2026 | 2026-03-31 | $8.6M | −$2.1M | −19.74% |
| Q4 2025 | 2025-12-31 | $10.0M | −$1.2M | −10.43% |
| Q3 2025 | 2025-09-30 | $10.0M | $691,000 | +7.42% |
| Q2 2025 | 2025-06-30 | $10.8M | $1.8M | +20.66% |
| Q1 2025 | 2025-03-31 | $10.7M | $2.1M | +24.69% |
| Q4 2024 | 2024-12-31 | $11.2M | $2.6M | +29.69% |
| Q3 2024 | 2024-09-30 | $9.3M | $2.7M | +41.00% |
| Q2 2024 | 2024-06-30 | $8.9M | $1.8M | +25.36% |
| Q1 2024 | 2024-03-31 | $8.6M | $2.4M | +37.96% |
| Q4 2023 | 2023-12-31 | $8.6M | $772,000 | +9.85% |
| Q3 2023 | 2023-09-30 | $6.6M | −$535,000 | −7.50% |
| Q2 2023 | 2023-06-30 | $7.1M | −$142,000 | −1.96% |
| Q1 2023 | 2023-03-31 | $6.2M | −$4.3M | −41.02% |
| Q4 2022 | 2022-12-31 | $7.8M | −$4.2M | −35.05% |
| Q3 2022 | 2022-09-30 | $7.1M | −$3.7M | −34.44% |
| Q2 2022 | 2022-06-30 | $7.2M | −$2.1M | −22.81% |
| Q1 2022 | 2022-03-31 | $10.5M | $2.0M | +23.07% |
| Q4 2021 | 2021-12-31 | $12.1M | $3.4M | +39.06% |
| Q3 2021 | 2021-09-30 | $10.9M | $2.6M | +31.11% |
| Q2 2021 | 2021-06-30 | $9.4M | $1.3M | +16.47% |
| Q1 2021 | 2021-03-31 | $8.5M | −$2.7M | −24.25% |
| Q4 2020 | 2020-12-31 | $8.7M | −$3.1M | −26.11% |
| Q3 2020 | 2020-09-30 | $8.3M | −$2.5M | −23.08% |
| Q2 2020 | 2020-06-30 | $8.1M | −$3.6M | −31.10% |
| Q1 2020 | 2020-03-31 | $11.3M | $5.8M | +104.26% |
| Q4 2019 | 2019-12-31 | $11.7M | $7.3M | +162.97% |
| Q3 2019 | 2019-09-30 | $10.8M | $7.0M | +184.73% |
| Q2 2019 | 2019-06-30 | $11.7M | $7.5M | +175.54% |
| Q1 2019 | 2019-03-31 | $5.5M | $1.8M | +47.62% |
| Q4 2018 | 2018-12-31 | $4.5M | $572,000 | +14.70% |
| Q3 2018 | 2018-09-30 | $3.8M | $177,000 | +4.90% |
| Q2 2018 | 2018-06-30 | $4.2M | $576,000 | +15.69% |
| Q1 2018 | 2018-03-31 | $3.7M | −$55,000 | −1.45% |
| Q4 2017 | 2017-12-31 | $3.9M | $65,000 | +1.70% |
| Q3 2017 | 2017-09-30 | $3.6M | −$304,000 | −7.76% |
| Q2 2017 | 2017-06-30 | $3.7M | $452,000 | +14.04% |
| Q1 2017 | 2017-03-31 | $3.8M | $331,000 | +9.56% |
| Q4 2016 | 2016-12-31 | $3.8M | — | — |
| Q3 2016 | 2016-09-30 | $3.9M | $412,000 | +11.75% |
| Q2 2016 | 2016-06-30 | $3.2M | −$7,000 | −0.22% |
| Q1 2016 | 2016-03-31 | $3.5M | −$6.3M | −64.62% |
| Q3 2015 | 2015-09-30 | $3.5M | −$6.7M | −65.80% |
| Q2 2015 | 2015-06-30 | $3.2M | −$7.5M | −69.83% |
| Q1 2015 | 2015-03-31 | $9.8M | $107,000 | +1.11% |
| Q3 2014 | 2014-09-30 | $10.3M | $632,000 | +6.57% |
| Q2 2014 | 2014-06-30 | $10.7M | $5.6M | +110.51% |
| Q1 2014 | 2014-03-31 | $9.7M | $5.1M | +110.32% |
| Q4 2013 | 2013-12-31 | $5.0M | $2.7M | +122.19% |
| Q3 2013 | 2013-09-30 | $9.6M | $7.6M | +370.37% |
| Q2 2013 | 2013-06-30 | $5.1M | $3.7M | +267.78% |
| Q1 2013 | 2013-03-31 | $4.6M | $4.5M | +4410.78% |
| Q4 2012 | 2012-12-31 | $2.2M | — | — |
| Q3 2012 | 2012-09-30 | $2.0M | — | — |
| Q2 2012 | 2012-06-30 | $1.4M | — | — |
| Q1 2012 | 2012-03-31 | $102,000 | — | — |
Ares Commercial Real Estate operating expenses trends
Over the last five fiscal years, Ares Commercial Real Estate's operating expenses increased from $36.3M to $41.4M, a change of $5.1M. The latest reported quarter, Q2 2026, shows $9.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ares Commercial Real Estate source filings ↗