ACRES Commercial Realty Corp. (ACR) Income Statement
ACR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsACR revenue and net income
Where ACR's revenue goes
2025Each bar shows an amount and its share of revenue. ACR kept 12.8% of revenue as net income.
ACR profit margins
ACR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +98.7% | +38.2% | — | +3.0% |
| Gross profit | +335.4% | +76.4% | — | +2.6% |
| Operating income | +782.7% | +5.0% | — | +6.6% |
| Net income | −27.2% | +26.1% | — | +7.3% |
| EPS (diluted) | −119.2% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ACR quarterly EPS vs estimates
ACRES Commercial Realty beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.07).
ACR income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $165.9M | $83.5M | $91.1M | $62.9M | $106.4M | $0 | $56.5M | $36.6M | $46.0M | $62.7M |
| Cost of revenue | $6.6M | $46.9M | $38.9M | $33.9M | $6.2M | $6.1M | $9.0M | $11.3M | $13.3M | $9,000 |
| Gross profit | $159.3M | $36.6M | $52.2M | $29.0M | $100.3M | −$87.0M | $56.5M | $25.3M | $32.7M | $108.4M |
| Research & development | — | — | $0 | $0 | $0 | $2 | $0 | $0 | $0 | $0 |
| Sales, general & admin | $11.3M | $10.7M | $20.6M | $14.1M | $13.3M | $17.5M | $12.6M | $13.4M | $18.6M | $11.6M |
| Total operating expenses | $56.9M | $25.0M | $31.5M | $21.2M | $19.4M | $23.5M | $56.5M | $47.9M | $33.8M | $42.7M |
| Operating income | $102.4M | $11.6M | $20.7M | $88.4M | $101.8M | −$143.3M | $36.0M | $32.2M | $10.2M | −$14.3M |
| Interest income | $119.1M | $157.3M | $183.2M | $126.3M | $101.0M | $108.2M | $144.9M | $122.8M | $99.3M | $8.4M |
| Interest expense | $85.9M | $116.1M | $130.8M | $82.3M | $61.6M | $58.0M | $83.8M | $67.6M | $57.7M | $53.7M |
| Income before taxes | $27.9M | $28.8M | $21.9M | $10.8M | $33.9M | −$197.7M | $36.2M | $27.0M | $54.1M | −$342,000 |
| Income taxes | −$83,000 | $126,000 | $97,000 | $336,000 | −$42.4M | −$84.2M | $251,000 | −$343,000 | $6.6M | $11.0M |
| Net income | $21.3M | $29.3M | $22.4M | $10.6M | $33.9M | −$197.7M | $36.0M | $27.4M | $33.5M | −$30.4M |
| EBITDA | $124.1M | $135.8M | $155.1M | $95.8M | $115.8M | −$136.8M | $38.2M | $93.2M | $89.8M | $18.0M |
| EPS (diluted) | −$0.29 | $1.51 | $2.40 | $1.20 | −$0.05 | $2.20 | $3.21 | $1.20 | −$1.77 | −$2.19 |
| Gross margin | 96.0% | 43.8% | 57.3% | 46.2% | 94.2% | — | 100.0% | 69.1% | 71.2% | 173.0% |
| Operating margin | 61.7% | 13.9% | 22.7% | 140.5% | 95.7% | — | 63.7% | 88.1% | 22.3% | −22.9% |
| Net margin | 12.8% | 35.1% | 24.6% | 16.9% | 31.9% | — | 63.7% | 74.9% | 73.0% | −48.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $48.9M | $42.6M | $41.2M | $54.1M | $42.1M | $40.1M | $46.7M | $39.3M | $50.8M | $24.6M | $55.5M | $24.0M |
| Cost of revenue | $12.1M | $2.5M | $21.3M | $16.0M | $19.5M | $21.4M | $31.1M | $12.5M | $1.6M | $1.6M | $9.9M | $9.7M |
| Gross profit | $36.7M | $40.1M | $19.9M | $38.1M | $22.7M | $18.7M | −$87.4M | $26.8M | $49.2M | $24.6M | $11.5M | $2.5M |
| Sales, general & admin | $2.7M | $1.6M | $1.1M | $1.3M | $1.5M | $2.7M | $5.1M | $4.1M | $2.7M | $2.0M | $1.6M | $1.5M |
| Total operating expenses | $9.3M | $11.4M | $13.7M | $20.1M | $18.3M | $19.4M | $5.1M | $4.6M | $6.1M | $24.6M | $6.3M | $6.8M |
| Operating income | −$5.0M | $28.7M | $6.2M | $18.0M | $4.3M | −$654,000 | −$81.6M | $33.7M | $35.0M | $29.8M | $39.4M | $7.5M |
| Interest income | $38.4M | $34.4M | $33.3M | $28.3M | $669,000 | $28.7M | $34.3M | $39.3M | $41.1M | $42.6M | $46.8M | $48.2M |
| Interest expense | $27.9M | $25.1M | $22.6M | $19.9M | $20.3M | $23.1M | $25.7M | $28.8M | $30.3M | $31.3M | $33.4M | $33.6M |
| Income before taxes | −$5.0M | $7.5M | $6.2M | $18.0M | $4.3M | −$654,000 | $9.3M | $8.1M | $6.5M | $4.9M | $6.4M | $7.6M |
| Income taxes | — | $1,000 | −$166,000 | — | $7,000 | $76,000 | −$10,000 | $82,000 | $54,000 | −$454,000 | −$32,000 | −$1.4M |
| Net income | −$7.4M | $4.1M | $2.2M | $15.1M | $4.5M | −$546,000 | $9.5M | $8.1M | $6.5M | $5.1M | $6.6M | $7.7M |
| EBITDA | $25.7M | $9.3M | $7.5M | $19.8M | $7.1M | $3.7M | $34.9M | $35.5M | $36.8M | $35.8M | $121.3M | −$1.3M |
| EPS (diluted) | −$2.26 | $0.02 | −$0.48 | $1.01 | $0.04 | −$0.86 | $0.48 | $0.36 | $0.51 | $0.16 | $0.55 | $0.73 |
| Gross margin | 75.2% | 94.1% | 48.2% | 70.5% | 53.8% | 46.7% | −187.1% | 68.1% | 96.8% | 100.0% | 20.7% | 10.3% |
| Operating margin | −10.3% | 67.4% | 15.0% | 33.4% | 10.3% | −1.6% | −174.7% | 85.6% | 68.8% | 121.2% | 71.0% | 31.1% |
| Net margin | −15.2% | 9.6% | 5.4% | 27.9% | 10.8% | −1.4% | 20.4% | 20.7% | 12.7% | 20.9% | 11.8% | 32.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ACR's financial statements (latest annual report filed March 10, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ACR financial results
In fiscal year 2025 (ended December 31, 2025), ACRES Commercial Realty reported revenue of $165.9 million, up 98.7% from the year before. It had net income of $21.3 million (down 27.2%), a net profit margin of 12.8%. Diluted earnings per share came to −$0.29.
See the ACR stock overview for the latest quote and news, or the ACR chart for price history and technical indicators.
ACR income statement FAQ
What is ACRES Commercial Realty's annual revenue?
ACRES Commercial Realty reported total revenue of $165.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 98.7% from $83.5 million the previous year.
Is ACRES Commercial Realty profitable?
Yes. ACRES Commercial Realty reported net income of $21.3 million in fiscal 2025, a net profit margin of 12.8%; its operating margin was 61.7%.
What is ACRES Commercial Realty's gross margin?
ACRES Commercial Realty's gross margin was 96.0% in fiscal 2025: for every $100 of revenue, ACRES Commercial Realty kept $96 after the direct cost of its products and services.
What are ACRES Commercial Realty's earnings per share?
ACRES Commercial Realty earned $-0.29 per diluted share in fiscal 2025, compared with $1.51 a year earlier.
When will ACRES Commercial Realty report its next earnings?
ACRES Commercial Realty is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does ACRES Commercial Realty's fiscal year end?
ACRES Commercial Realty's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 10, 2026.