{ "ok": true, "cik": "1882850", "ticker": null, "name": "Apollo Realty Income Solutions, Inc.", "filings": [ { "form": "8-K", "filed": "2026-09-29", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/1882850/000119312526406115/0001193125-26-406115-index.htm" }, { "form": "8-K", "filed": "2026-08-31", "items": [ "7.01 Regulation FD Disclosure" ], "url": "https://www.sec.gov/Archives/edgar/data/1882850/000119312526376677/0001193125-26-376677-index.htm" }, { "form": "10-Q", "filed": "2026-08-11", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1882850/000119312526344529/0001193125-26-344529-index.htm" }, { "form": "8-K", "filed": "2026-07-31", "items": [ "7.01 Regulation FD Disclosure" ], "url": "https://www.sec.gov/Archives/edgar/data/1882850/000119312526328343/0001193125-26-328343-index.htm" }, { "form": "8-K", "filed": "2026-06-30", "items": [ "7.01 Regulation FD Disclosure" ], "url": "https://www.sec.gov/Archives/edgar/data/1882850/000119312526290442/0001193125-26-290442-index.htm" }, { "form": "8-K", "filed": "2026-05-29", "items": [ "7.01 Regulation FD Disclosure" ], "url": "https://www.sec.gov/Archives/edgar/data/1882850/000119312526248199/0001193125-26-248199-index.htm" } ], "events12m": 15, "healthWatch": { "window": "last 12 months", "since": "2025-09-30", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 1, "latest": { "filed": "2026-09-29", "url": "https://www.sec.gov/Archives/edgar/data/1882850/000119312526406115/0001193125-26-406115-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001882850.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1882850" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up Apollo Realty Income Solutions, Inc.. Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-09-29. 15 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 37003000, "revenueGrowth1y": 0.7085930645980514, "revenueGrowthPerYear": 1.3124237039938271, "yearsOfData": 3, "operatingMargin": 3.2397913682674377, "operatingMarginPrior": 3.638130858382971, "netMargin": 1.8228251763370538, "operatingCashFlow": 92709000, "capitalSpending": 471200000, "freeCashFlow": -378491000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 58492000, "longTermDebt": 349621000, "longTermDebtChange": 8.800168185003503, "revenueHistory": [ { "fiscalYearEnd": "2023-12-31", "revenue": 6912000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 21657000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 37003000 } ], "totalEquity": 1368892000, "totalAssets": 2081151000, "equityRatio": 0.6577571737946935, "returnOnEquity": 0.049273426975977655, "dividendsPaid": 51411000, "payoutRatio": 0.7622090437361008, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 1.08, "sharesOutstanding": 56960632, "bookValuePerShare": 24.032247395007836, "revenuePerShare": 0.6496241123167313, "range80": { "low": 54598374.35599693, "high": 98037522.45037846, "baseline": 74394841.74410264, "n": 749, "band": "b00" }, "ifPaceHeld": { "low": 54598374.35599693, "high": 98037522.45037846 } }, "edgarette": "🔖 Exposure: revenue $37.0M (FY2025), total debt $349.6M. Experience: revenue up 70.9% on the year, up 131.2% a year over 2 years; operating margin 324.0%, down from 363.8%. Soundness: equity 65.8% of assets, return on equity 4.9%, payout 76.2% of profit. Credibility: 3 audited years, moderate weight. Range: 80% of past cases like this landed between $54.6M and $98.0M next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (79 filers, $50M+ revenue, real estate investment trusts): operating margin 324.0% against a 24.7% median; growth 70.9% against 3.7%.", "peers": { "sic": 6798, "sicDescription": "Real Estate Investment Trusts", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6798", "growth": [ 0.0366, 157 ], "opMargin": [ 0.2474, 79 ], "equityRatio": [ 0.3883, 154 ], "returnOnEquity": [ 0.0254, 128 ], "payoutRatio": [ 1.5128, 81 ] }, "summary": "Apollo Realty Income Solutions grew revenue 70.9% in FY2025 to $37 million, operating margin 324% against a 24.7% median for real estate investment trusts, equity 65.8% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Apollo Realty Income Solutions, Inc. against its own record and its peers
Operating marginPeer median 24.7%324.0%Revenue, on the yearPeer median 3.7%70.9%Equity of assetsPeer median 38.8%65.8%Return on equityPeer median 2.5%4.9%Payout of profitPeer median 151.3%76.2%Gold tick: the median of 81–154 peers with $50M+ revenue in real estate investment trusts
", "chartHorizon": "
Handed back now, or kept to compound · of each dollar of profit
76.2% paid out23.8% keptGrowth its own profit can fund1.2%managed 70.9% last year

Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 0, "hits": 0, "rate": null, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-30T14:45:06.038Z", "hash": "800c2cd2833a6750", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Apollo Realty Income Solutions grew revenue 70.9% in FY2025 to $37 million, operating margin 324% against a 24.7% median for real estate investment trusts, equity 65.8% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 37003000, "totalDebt": 349621000, "cash": 58492000 }, "experience": { "revenueGrowth1y": 0.7085930645980514, "revenueGrowthPerYear": 1.3124237039938271, "operatingMargin": 3.2397913682674377, "operatingMarginPrior": 3.638130858382971, "netMargin": 1.8228251763370538, "freeCashFlow": -378491000 }, "soundness": { "equityRatio": 0.6577571737946935, "returnOnEquity": 0.049273426975977655, "payoutRatio": 0.7622090437361008, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 6798, "sicDescription": "Real Estate Investment Trusts", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6798", "growth": [ 0.0366, 157 ], "opMargin": [ 0.2474, 79 ], "equityRatio": [ 0.3883, 154 ], "returnOnEquity": [ 0.0254, 128 ], "payoutRatio": [ 1.5128, 81 ] }, "credibility": { "auditedYears": 3, "weight": "moderate", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-30", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 1, "latest": { "filed": "2026-09-29", "url": "https://www.sec.gov/Archives/edgar/data/1882850/000119312526406115/0001193125-26-406115-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 54598374.35599693, "high": 98037522.45037846, "baseline": 74394841.74410264, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 749, "sizeBand": "b00" }, "credibility": null, "stress": null, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 0, "hits": 0, "rate": null, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-30T14:45:06.038Z", "hash": "800c2cd2833a6750", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001882850.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1882850" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 2, "growth3y": 0.7086, "volatility": 0.4288, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.6578, "quadrant": { "code": "fj", "label": "Fast and jumpy", "plain": "growing faster than its size class, with revenue that swings more" }, "compass": { "code": "later", "inside": "Turns 200.0% of revenue into operating cash; revenue growing 70.9% a year over three years; pays and raised its dividend.", "outside": "Among under $50M companies: 100th percentile for cash, 87th for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "under $50M", "cashPctInClass": 100, "growthPctInClass": 87, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "range", "text": "revenue is hard to predict: its 80% range is ±28%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 92709000, "investing": -840677000, "financing": 726958000, "capitalSpending": 471200000, "free": -378491000, "trend": [ { "fiscalYearEnd": "2023-12-31", "operating": 25587000, "free": -145745000 }, { "fiscalYearEnd": "2024-12-31", "operating": 66111000, "free": -41089000 }, { "fiscalYearEnd": "2025-12-31", "operating": 92709000, "free": -378491000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 58492000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 2081151000, "ladder": null, "currentRatio": null, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 2, "growth3y": 0.7086, "volatility": 0.4288, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.6578, "quadrant": { "code": "fj", "label": "Fast and jumpy", "plain": "growing faster than its size class, with revenue that swings more" }, "compass": { "code": "later", "inside": "Turns 200.0% of revenue into operating cash; revenue growing 70.9% a year over three years; pays and raised its dividend.", "outside": "Among under $50M companies: 100th percentile for cash, 87th for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "under $50M", "cashPctInClass": 100, "growthPctInClass": 87, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "range", "text": "revenue is hard to predict: its 80% range is ±28%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 92709000, "investing": -840677000, "financing": 726958000, "capitalSpending": 471200000, "free": -378491000, "trend": [ { "fiscalYearEnd": "2023-12-31", "operating": 25587000, "free": -145745000 }, { "fiscalYearEnd": "2024-12-31", "operating": 66111000, "free": -41089000 }, { "fiscalYearEnd": "2025-12-31", "operating": 92709000, "free": -378491000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 58492000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 2081151000, "ladder": null, "currentRatio": null, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }