Exhibit 99.2 Apollo Q2 2025 Financial Results Apollo Commercial Real Estate Finance, Inc. July 29, 2025 Unless otherwise noted, information as of June 30, 2025 It should not be assumed that investments made in the future will be profitable or will equal the performance of the investments shown in this document. Forward Looking Statements and Other Disclosures l 13. memoin morodeled go annumation and indonion management may not not not to more dia o perial dockeria di de Scaliasche no tracera er contrest de ...