APOLLO GLOBAL MANAGEMENT, INC. (APO) — financial distillation
Annual history (10-K)
Quarterly history (10-Q)
Two headline lines are shown to start. Click any item in a legend to add or remove it — every figure on the chart is one the table below also carries, for the period it names.
In brief, from the full filed history
- Revenue grew from $2.35B (period ending 2020-12-31) to $32.05B (period ending 2025-12-31) — a 68.6% annual pace across 5 year(s) of filed history.
- Net margin expanded from 6.7% to 10.9% over that same span.
- Across 17 tracked quarters, the strongest was $13.70B (quarter ending 2023-06-30) and the weakest was $875.0M (quarter ending 2022-03-31).
Annual — most recent 10-K
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $32.05B | 2025-12-31 | 10-K | 0001858681-26-000013 |
| Net income | $3.49B | 2025-12-31 | 10-K | 0001858681-26-000013 |
| Diluted EPS | $5.54 | 2025-12-31 | 10-K | 0001858681-26-000013 |
| Total assets | $460.95B | 2025-12-31 | 10-K | 0001858681-26-000013 |
| Total liabilities | $418.43B | 2025-12-31 | 10-K | 0001858681-26-000013 |
| Cash & equivalents | $8.98B | 2022-12-31 | 10-K | 0001858681-23-000007 |
| Operating cash flow | $7.25B | 2025-12-31 | 10-K | 0001858681-26-000013 |
Quarterly — most recent 10-Q
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $11.15B | 2026-06-30 | 10-Q | 0001858681-26-000040 |
| Net income | $1.36B | 2026-06-30 | 10-Q | 0001858681-26-000040 |
| Diluted EPS | $2.15 | 2026-06-30 | 10-Q | 0001858681-26-000040 |
| Total assets | $494.05B | 2026-06-30 | 10-Q | 0001858681-26-000040 |
| Total liabilities | $452.57B | 2026-06-30 | 10-Q | 0001858681-26-000040 |
| Cash & equivalents | $12.07B | 2023-06-30 | 10-Q | 0001858681-23-000026 |
| Operating cash flow | $1.62B | 2026-03-31 | 10-Q | 0001858681-26-000026 |
Reading
The figures above are taken directly from filings with the U.S. Securities and Exchange Commission. The reading below was generated by a local language model from only those figures; it introduces no numbers of its own. It is not investment advice.
Apollo Global Management, Inc. (APO) operates on a massive scale, with total assets amounting to $494.05 billion as of the most recent quarterly filing and reaching $460.95 billion at year-end 2025. The company’s revenue has experienced remarkable growth, escalating from $2.35 billion in 2020 to $32.05 billion by the end of 2025—an impressive annual compound rate of 68.6% over five years. This rapid expansion underscores Apollo’s significant market presence and influence within the alternative asset management sector.
Net income has also shown a positive trajectory, albeit with some volatility. The company reported net income of $3.49 billion in 2025, up from a loss of $3.21 billion in 2022. Concurrently, the net margin expanded from 6.7% to 10.9% over this period, indicating improved profitability. The quarterly revenue trend reveals fluctuations, with the strongest performance at $13.70 billion in Q2 2023 and the weakest at $875 million in Q1 2022.
In upcoming filings, investors should monitor Apollo’s ability to sustain its high revenue growth rate amidst potential market headwinds and competition. Additionally, scrutiny of net income volatility and margin stability will be crucial as the company navigates economic cycles and industry dynamics. The substantial cash and equivalents position at $12.07 billion as of mid-2026 provides a buffer but also raises questions about capital allocation strategies for future growth opportunities or shareholder returns.
Source: SEC EDGAR company facts for CIK 0001858681 · filings index