Apollo Global Management, Inc.
APO- Exchange
- NYSE
- Industry
- Investment Advice
- SEC CIK
- 0001858681
In the last 90 days, Apollo Global Management, Inc. insiders filed 0 open-market purchases and 2 sales; 1,186 institutions reported holding it in 13F filings for Q2 2026, worth $45.8B in total; 4 superinvestors hold it, including Tiger Global Management and D1 Capital Partners.
Other share classesAPOS
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 8, 2026, 11:01 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 2, 2026 | Jan 2, 2025 | Feb 8, 2024 | Feb 9, 2023 | Jan 27, 2022 |
| Revenue | $32.0B | $26.1B | $32.6B | $11.0B | $5.95B |
| Operating expenses | $25.3B | $19.0B | $27.3B | $17.5B | $4.11B |
| Selling, general and administrative | – | – | – | – | $477.0M |
| Interest expense | $618.0M | $474.0M | $268.0M | $222.0M | $139.1M |
| Income tax | $1.28B | $1.06B | -$923.0M | -$1.07B | $594.4M |
| Net income | $3.49B | $4.58B | $5.05B | -$3.21B | $1.84B |
| EPS, basic | $5.58 | $7.39 | $8.32 | $-5.57 | – |
| EPS, diluted | $5.54 | $7.33 | $8.28 | $-5.57 | – |
| Weighted shares, basic | 589.5M | 586.1M | 581.4M | 584.7M | – |
| Weighted shares, diluted | 593.7M | 604.0M | 588.8M | 584.7M | – |
| Margins and growth | |||||
| Net margin | 10.9% | 17.5% | 15.5% | -29.3% | 30.9% |
| Revenue growth, year over year | +22.7% | −20.0% | +197.6% | +84.3% | +152.8% |
| Net income growth, year over year | −23.7% | −9.3% | – | −274.8% | +1,073.9% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021! |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 2, 2026 | Jan 2, 2025 | Feb 8, 2024 | Feb 9, 2023 | Jan 27, 2022 |
| Cash and equivalents | – | – | – | $8.98B | $917.2M |
| Property, plant and equipment | – | – | – | – | $126.2M |
| Goodwill | $5.92B | $4.33B | $4.33B | $4.32B | $117.0M |
| Intangible assets | – | – | – | – | $14.8M |
| Total assets | $460.9B | $377.9B | $313.5B | $259.3B | $30.5B |
| Long-term debt | $13.4B | $10.6B | $8.09B | $6.47B | $3.13B |
| Total liabilities | $418.4B | $346.9B | $288.2B | $252.1B | $18.5B |
| Shareholders' equity | $42.5B | $31.0B | $25.2B | $6.20B | $10.2B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 2, 2026 | Jan 2, 2025 | Feb 8, 2024 | Feb 9, 2023 | Jan 27, 2022 |
| Operating cash flow | $7.25B | $3.25B | $6.32B | $3.79B | $1.06B |
| Capital expenditures | – | – | – | – | $64.7M |
| Free cash flow | – | – | – | – | $999.3M |
| Depreciation and amortization | $1.43B | $1.07B | $803.0M | $594.0M | $27.3M |
| Stock-based compensation | $789.0M | $721.0M | $1.03B | $540.0M | $1.18B |
| Dividends paid | $1.20B | $1.09B | $1.01B | $962.0M | $517.3M |
| Share buybacks | $773.0M | $890.0M | $561.0M | $635.0M | $299.4M |
| Investing cash flow | -$64.0B | -$61.8B | -$42.4B | -$23.4B | -$1.55B |
| Financing cash flow | $60.2B | $58.0B | $42.6B | $28.7B | $109.4M |
| Net change in cash | $3.48B | -$579.0M | $6.56B | $9.04B | -$378.2M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 2.5% | 2.8% | 3.1% | 4.9% | 19.8% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 3, 2026 | 590.4M | +1.7% | SEC |
| Aug 5, 2026 | 590.5M | +3.2% | SEC |
| May 5, 2026 | 576.5M | +0.9% | SEC |
| Feb 20, 2026 | 578.2M | +1.4% | SEC |
| Nov 5, 2025 | 580.4M | +2.6% | SEC |
| Aug 5, 2025 | 572.0M | +0.4% | SEC |
| May 5, 2025 | 571.5M | +0.4% | SEC |
| Feb 19, 2025 | 570.5M | +0.4% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.