# Ares Commercial Real Estate Corp: overview

ACRE · NYSE · CIK 1529377 · [Real estate](/sectors/real-estate.md)

Pages: [Overview](/companies/acre.md) · [Financials](/companies/acre/financials.md) · [Filings](/companies/acre/filings.md) · [Insiders](/companies/acre/insiders.md)

Latest reported revenue: [$14.4m](/filings/0001628280-26-052072.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:Revenues, accession 0001628280-26-052072).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [16.7](/filings/0001628280-25-050392.md) | [17.5 d](/filings/0001628280-26-006635.md) | [14.9](/filings/0001628280-26-031613.md) | [12.6](/filings/0001628280-26-052072.md) | [14.1](/filings/0001628280-25-050392.md) | [13.2 d](/filings/0001628280-26-006635.md) | [13.5](/filings/0001628280-26-031613.md) | [14.4](/filings/0001628280-26-052072.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [(35.3%)](/filings/0001628280-25-050392.md) | [(60.9%) d](/filings/0001628280-25-050392.md) | [62.5%](/filings/0001628280-26-052072.md) | [(87.8%)](/filings/0001628280-26-052072.md) | [33.0%](/filings/0001628280-26-052072.md) | [(29.2%) d](/filings/0001628280-26-052072.md) | [(71.4%)](/filings/0001628280-26-052072.md) | [30.5%](/filings/0001628280-26-052072.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [102](/filings/0001628280-24-006105.md) | [107](/filings/0001628280-25-005002.md) | [92.9](/filings/0001628280-26-006635.md) | [69.7](/filings/0001628280-26-006635.md) | [54.8](/filings/0001628280-26-006635.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [59.2%](/filings/0001628280-24-006105.md) | [27.9%](/filings/0001628280-25-005002.md) | [(41.8%)](/filings/0001628280-26-006635.md) | [(50.2%)](/filings/0001628280-26-006635.md) | [(1.6%)](/filings/0001628280-26-006635.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/acre/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $21.0m | 4,672,092 |  | Added +157,631 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $10.9m | 2,414,732 |  | Added +88,607 |
| [Lighthouse Investment Partners, LLC](/funds/1600344.md) | 2026-06-30 | $7.0m | 1,563,049 |  | Added +540,555 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $6.5m | 1,440,675 |  | Added +51,486 |
| [HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC](/funds/1164833.md) | 2026-06-30 | $6.1m | 1,352,832 |  | Added +100,600 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $5.6m | 1,200,961 |  | Added +41,285 |
| [North Ground Capital](/funds/2055446.md) | 2026-06-30 | $5.5m | 1,232,000 |  | Added +112,000 |
| [CURA WEALTH ADVISORS, LLC](/funds/2056729.md) | 2026-06-30 | $4.1m | 902,153 |  | Reduced −3,448 |
| [Focus Partners Wealth](/funds/1542153.md) | 2026-06-30 | $2.8m | 627,277 |  | Added +40,685 |
| [VAN ECK ASSOCIATES CORP](/funds/869178.md) | 2026-06-30 | $2.7m | 599,627 |  | Reduced −75,352 |

## Recent filings

[All 640 filings](/companies/acre/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-09 | 20:32 ET | [8-K](/filings/0001628280-26-065542.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation | 0001628280-26-065542 |
| 2026-09-22 | 20:32 ET | [8-K](/filings/0001628280-26-063051.md) | 2.01 Completion of an acquisition or disposition; 9.01 Financial statements and exhibits | 0001628280-26-063051 |
| 2026-08-04 | 23:27 ET | [10-Q](/filings/0001628280-26-052072.md) | Quarterly report, period 2026-06-30 | 0001628280-26-052072 |
| 2026-08-04 | 23:25 ET | [8-K](/filings/0001628280-26-052071.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-052071 |
| 2026-06-01 | 20:09 ET | [8-K](/filings/0001628280-26-039475.md) | 5.07 Shareholder vote results | 0001628280-26-039475 |
| 2026-05-07 | 01:40 ET | [10-Q](/filings/0001628280-26-031613.md) | Quarterly report, period 2026-03-31 | 0001628280-26-031613 |
| 2026-05-07 | 01:37 ET | [8-K](/filings/0001628280-26-031611.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-031611 |
| 2026-04-01 | 20:16 ET | [DEF 14A](/filings/0001628280-26-022805.md) | Proxy statement, period 2026-05-27 | 0001628280-26-022805 |
| 2026-03-30 | 21:35 ET | [8-K](/filings/0001628280-26-022056.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001628280-26-022056 |
| 2026-03-16 | 20:24 ET | [8-K](/filings/0001628280-26-018201.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation | 0001628280-26-018201 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-006635.md), filed Feb 10, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/b2766dff-660a-44bf-9670-2fdd7ae1fbd2)

## About the filer

- CIK: 1529377
- Tickers: ACRE
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:42 ET. No prices; not investment advice.