For the twelve months ended Sep 30, 2026, Arbor Realty Trust reported $460.75M of revenue and -$107.49M of net income.
ABR revenue was $94.09M in fiscal Q3 2026 (ended Sep 30, 2026), down 16.3% from a year earlier and down 18.8% from the prior quarter. For the full fiscal 2025 it was $510.40M, down 18.0% from fiscal 2024. Compound annual growth was +3.3% over 5 years and +18.6% over 10 years. It rose in 8 of the last 10 fiscal years.
ABR net income was -$85.35M in fiscal Q3 2026 (ended Sep 30, 2026), compared with $38.46M a year earlier. For the full fiscal 2025 it was $107.43M, down 51.9% from fiscal 2024. Compound annual growth was -8.0% over 5 years and +8.9% over 10 years. It rose in 6 of the last 10 fiscal years.
ABR diluted EPS was -$0.51 in fiscal Q3 2026 (ended Sep 30, 2026), compared with $0.20 a year earlier. For the full fiscal 2025 it was $0.56, down 52.5% from fiscal 2024. Compound annual growth was -16.9% over 5 years.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $510.40M | $622.12M | $721.01M | $619.06M | $587.23M | $434.51M | $349.39M | $331.08M | $256.59M | $149.60M |
| Selling, general and admin | $59.80M | $54.93M | $51.26M | $53.99M | $45.58M | $37.35M | $40.33M | $37.07M | $30.74M | $17.59M |
| Operating income | $176.61M | $297.40M | $427.90M | $371.31M | $424.09M | $236.55M | $170.27M | $157.78M | $110.87M | $43.62M |
| Interest expense | - | - | $903.23M | $557.62M | $212.00M | $169.22M | $186.40M | $153.82M | $90.07M | $63.62M |
| Income tax | $18.78M | $13.48M | $27.35M | $17.48M | $46.28M | $40.39M | $15.04M | $9.73M | $13.36M | $825.0K |
| Net income | $107.43M | $223.27M | $330.06M | $284.83M | $317.41M | $163.40M | $121.07M | $108.31M | $65.83M | $42.80M |
| EPS, basic | $0.56 | $1.18 | $1.79 | $1.72 | $2.30 | $1.44 | $1.30 | $1.54 | $1.14 | $0.83 |
| EPS, diluted | $0.56 | $1.18 | $1.75 | $1.67 | $2.28 | $1.41 | $1.27 | $1.50 | $1.12 | $0.83 |
| Diluted shares | 209.7M | 205.5M | 218.8M | 199.1M | 156.1M | 134.0M | 116.2M | 93.6M | 80.3M | 51.7M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $482.88M | $503.80M | $928.97M | $534.36M | $404.58M | $339.53M | $299.69M | $160.06M | $104.37M | $138.65M |
| Goodwill | $56.60M | $56.60M | $56.60M | $56.60M | $56.60M | $56.60M | $56.60M | $56.60M | $56.63M | $26.75M |
| Total assets | $14.49B | $13.49B | $15.74B | $17.04B | $15.07B | $7.66B | $6.24B | $4.61B | $3.63B | $2.97B |
| Total debt | $11.07B | $9.96B | $11.99B | - | $12.13B | $5.87B | $4.68B | $3.37B | $2.60B | $2.07B |
| Total liabilities | $11.43B | $10.34B | $12.48B | $13.97B | $12.52B | $6.18B | $4.88B | $3.55B | $2.76B | $2.22B |
| Shareholders' equity | $2.95B | $3.15B | $3.25B | $3.07B | $2.55B | $1.48B | $1.33B | $1.07B | $864.56M | $747.04M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $372.38M | $461.52M | $235.86M | $1.10B | $216.85M | $55.16M | -$226.54M | -$37.73M | $459.70M | -$198.51M |
| Investing cash flow | -$1.28B | $1.15B | $1.88B | -$2.32B | -$6.75B | -$1.16B | -$994.74M | -$681.88M | -$906.85M | -$196.92M |
| Financing cash flow | $798.75M | -$2.49B | -$1.83B | $1.57B | $6.89B | $1.13B | $1.39B | $816.51M | $522.95M | $326.38M |
| Dividends paid | $319.95M | $394.84M | $380.64M | $321.74M | $227.06M | $173.11M | $138.80M | $68.08M | $42.61M | $31.80M |
| Share repurchases | $2.01M | $11.41M | $37.43M | $0 | $34.40M | $21.53M | $11.57M | $10.07M | - | - |
| Stock-based compensation | $13.79M | $14.23M | $14.94M | $14.97M | $9.93M | $9.05M | $9.52M | $6.09M | $4.84M | $3.51M |
| Depreciation and amortization | $23.21M | $9.55M | $9.74M | $8.73M | $7.21M | $7.64M | $7.51M | $7.45M | $7.38M | $5.02M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -18.0% | -13.7% | 16.5% | 5.4% | 35.1% | 24.4% | 5.5% | 29.0% | 71.5% | 61.1% |
| Net income growth, YoY | -51.9% | -32.4% | 15.9% | -10.3% | 94.3% | 35.0% | 11.8% | 64.5% | 53.8% | -6.7% |
| EPS growth, YoY | -52.5% | -32.6% | 4.8% | -26.8% | 61.7% | 11.0% | -15.3% | 33.9% | - | -7.8% |
| Operating margin | 34.6% | 47.8% | 59.3% | 60.0% | 72.2% | 54.4% | 48.7% | 47.7% | 43.2% | 29.2% |
| Net margin | 21.0% | 35.9% | 45.8% | 46.0% | 54.1% | 37.6% | 34.7% | 32.7% | 25.7% | 28.6% |
| Return on equity | 3.6% | 7.1% | 10.1% | 9.3% | 12.4% | 11.0% | 9.1% | 10.2% | 7.6% | 5.7% |
| Return on assets | 0.7% | 1.7% | 2.1% | 1.7% | 2.1% | 2.1% | 1.9% | 2.3% | 1.8% | 1.4% |
| Debt to equity | 3.75 | 3.16 | 3.68 | - | 4.76 | 3.96 | 3.52 | 3.16 | 3.00 | 2.77 |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $94.09M | $115.88M | $117.39M | $133.40M | $112.43M | $130.41M | $134.16M | $151.71M | $156.65M | $153.10M | $160.65M | $188.88M |
| Selling, general and admin | $15.38M | $15.87M | $16.95M | $14.94M | $13.70M | $14.86M | $16.31M | $15.03M | $13.14M | $12.82M | $13.93M | $12.69M |
| Interest expense | - | - | - | - | - | - | - | - | - | - | $217.68M | $227.48M |
| Pre-tax income | - | - | - | - | - | - | - | - | - | - | $75.39M | - |
| Income tax | -$1.18M | $3.15M | $2.08M | $4.20M | $7.59M | $3.40M | $3.59M | $752.0K | $5.23M | $3.90M | $3.59M | $7.91M |
| Net income | -$85.35M | -$37.34M | $629.0K | $14.57M | $38.46M | $23.95M | $30.44M | $59.83M | $58.17M | $47.40M | $57.87M | $91.66M |
| EPS, basic | -$0.51 | -$0.20 | $0.00 | $0.08 | $0.20 | $0.12 | $0.16 | $0.31 | $0.31 | $0.25 | $0.31 | $0.48 |
| EPS, diluted | -$0.51 | -$0.20 | $0.00 | $0.08 | $0.20 | $0.12 | $0.16 | $0.31 | $0.31 | $0.25 | $0.31 | $0.47 |
| Diluted shares | 168.9M | 190.8M | 211.7M | - | 210.5M | 209.0M | 206.9M | - | 205.3M | 205.5M | 222.9M | - |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $439.69M | $287.52M | $407.13M | $482.88M | $423.38M | $255.74M | $308.84M | $503.80M | $687.54M | $737.49M | $908.05M | $928.97M |
| Goodwill | - | - | - | $56.60M | - | - | - | $56.60M | - | - | - | $56.60M |
| Total assets | $14.24B | $14.35B | $14.69B | $14.49B | $13.89B | $13.56B | $13.37B | $13.49B | $13.88B | $14.20B | $15.10B | $15.74B |
| Total debt | $11.23B | $11.11B | $11.39B | $11.07B | $10.41B | $10.13B | $9.89B | $9.96B | $10.32B | $10.60B | $11.42B | $11.99B |
| Total liabilities | $11.60B | $11.47B | $11.71B | $11.43B | $10.77B | $10.47B | $10.24B | $10.34B | $10.72B | $11.01B | $11.87B | $12.48B |
| Shareholders' equity | $2.55B | $2.88B | $2.98B | $2.95B | $3.11B | $3.09B | $3.13B | $3.15B | $3.16B | $3.19B | $3.23B | $3.25B |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $201.57M | $158.25M | -$8.27M | -$16.95M | $178.73M | $60.05M | $150.55M | $46.67M | $84.96M | $69.93M | $259.96M | $77.15M |
| Investing cash flow | $127.78M | -$186.73M | $58.34M | -$553.45M | -$205.52M | -$207.31M | -$314.82M | $205.63M | $228.15M | $386.41M | $331.58M | $460.14M |
| Financing cash flow | -$64.69M | -$346.26M | $200.36M | $574.27M | $226.45M | $144.54M | -$146.50M | -$459.57M | -$401.37M | -$955.32M | -$674.05M | -$314.54M |
| Dividends paid | $44.90M | $45.54M | $73.28M | $74.09M | $73.42M | $73.07M | $99.38M | $98.95M | $98.60M | $98.62M | $98.67M | $98.61M |
| Share repurchases | $115.19M | $20.85M | $30.73M | $2.01M | $0 | $0 | $0 | $0 | $0 | $11.41M | $0 | -$1.0K |
| Stock-based compensation | $3.13M | $3.16M | $5.93M | $2.50M | $2.74M | $2.61M | $5.93M | $2.48M | $2.98M | $2.75M | $6.02M | $2.80M |
| Depreciation and amortization | $5.87M | $5.93M | $7.10M | $8.27M | $5.36M | $5.85M | $3.74M | $2.62M | $1.94M | $2.42M | $2.57M | $2.45M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -16.3% | -11.1% | -12.5% | -12.1% | -28.2% | -14.8% | -16.5% | -19.7% | -11.3% | -11.9% | -11.6% | -4.1% |
| Net income growth, YoY | - | - | -97.9% | -75.6% | -33.9% | -49.5% | -47.4% | -34.7% | -25.3% | -37.8% | -31.4% | 4.0% |
| EPS growth, YoY | - | - | -100.0% | -74.2% | -35.5% | -52.0% | -48.4% | -34.0% | -24.4% | -39.0% | -32.6% | -6.0% |
| Net margin | -90.7% | -32.2% | 0.5% | 10.9% | 34.2% | 18.4% | 22.7% | 39.4% | 37.1% | 31.0% | 36.0% | 48.5% |
| Debt to equity | 4.41 | 3.86 | 3.82 | 3.75 | 3.34 | 3.27 | 3.16 | 3.16 | 3.26 | 3.32 | 3.53 | 3.68 |
Source: XBRL data Arbor Realty Trust files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| ABR | $460.75M | -12.9% | -$107.49M | -23.3% | $293.8M |
| WELL | $13.79B | +39.2% | $1.67B | 12.1% | $181.46B |
| PLD | $8.95B | +6.7% | $3.71B | 41.5% | $124.09B |
| EQIX | $10.06B | +11.1% | $1.65B | 16.4% | $104.38B |
| AMT | $11.01B | +5.3% | $3.31B | 30.1% | $87.65B |
| SPG | $7.15B | +16.2% | $4.51B | 63.0% | $75.39B |
| DLR | $6.34B | +12.6% | $1.38B | 21.7% | $68.13B |
| PSA | $5.03B | +5.2% | $1.90B | 37.8% | $63.18B |
| O | $6.21B | +10.8% | $1.36B | 21.8% | $56.58B |