Apollo Global Management, Inc. (APO) Financial Statements
Historical financial data — 20 statements covering FY2021–FY2025
Apollo is one of the world's largest alternative asset managers, with $1.047 trillion in total assets under management, or AUM, including $858.0 billion in fee-earning assets, at the end of June 20...
Apollo Global Management, Inc.'s revenue increased 22.7% year over year, from $26.11B to $32.05B.
Net income decreased 23.7% over the same period, from $4.58B to $3.49B.
Over the 4-year period from FY2021 to FY2025, revenue grew by 451% in total.
Total debt increased by 26.2% to $13.36B.
The debt-to-equity ratio stands at 0.57, indicating a moderate leverage profile.
Operating cash flow grew 122.7% to $7.25B.
Apollo Global Management, Inc. maintains a healthy net profit margin of 10.9%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $7.88B+32.1% | $934.0M | $2.24B | $1.85B | $368.69B | $9.81B | $17.86B |
| Q4 FY2024 | $5.28B-32.9% | $1.49B | $1.72B | $-4.0M | $377.89B | $10.59B | $17.25B |
| Q1 FY2025 | $5.55B+5.0% | $442.0M | $1.18B | $1.01B | $395.05B | $10.58B | $17.98B |
| Q2 FY2025 | $6.81B+22.8% | $630.0M | $845.0M | $1.26B | $419.55B | $12.14B | $19.32B |
| Q3 FY2025 | $9.82B+44.2% | $1.74B | $2.90B | $303.0M | $449.54B | $12.63B | $23.14B |
| Q4 FY2025 | $9.86B+0.4% | $684.0M | $1.75B | $4.67B | $460.95B | $13.36B | $23.34B |
| Q1 FY2026 | $5.06B-48.7% | $-1.91B | $672.0M | $1.62B | N/A | N/A | N/A |
| Q2 FY2026 | $11.15B+120.5% | $1.36B | $2.43B | $2.88B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
Apollo Global Management, Inc. (APO) Financial Statements & Revenue History
Apollo Global Management, Inc. (APO) is a US-listed stock operating in the Financial Services sector, specifically the Investment Advice industry trading at $110.80 with a market capitalization of $65. This page provides 20 historical financial statements for Apollo Global Management, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Apollo Global Management, Inc. reported revenue of $32.0 billion, representing 22.7% year-over-year growth. The net profit margin of 10.9% indicates moderate profitability. The debt-to-equity ratio of 0.57 reflects moderate leverage.
APO Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Apollo Global Management, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether APO is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track APO's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Apollo Global Management, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of APO's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use APO Financial Data
Investors use Apollo Global Management, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare APO's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how APO's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View APO's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Apollo Global Management, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.APO trades on NYSE. This page is for informational purposes only and is not financial advice.

