Business Segments · Amortization of note discount

Asset Management — Amortization of note discount

Apollo Global Management Asset Management — Amortization of note discount increased by 50.0% to $6.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from $3.00M to $6.00M. Over 4 years (FY 2021 to FY 2025), Asset Management — Amortization of note discount shows an upward trend with a 20.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2025

How to read this metric

Higher amortization reflects higher levels of debt issued at a discount, increasing the effective interest burden.

Detailed definition

This represents the non-cash interest expense recognized over the life of debt instruments issued at a discount. It refl...

Peer comparison

Standard accounting treatment for debt issued at a discount across all capital-intensive industries.

Metric ID: apo_segment_asset_management_amortization_of_note_discount

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$6.28M$6.28M$6.28M$17.50M-$500.00K-$1.00M$0.00$16.00M-$1.00M$15.00M$4.00M$33.00M$8.00M$0.00$3.00M$44.00M-$1.00M$4.00M$6.00M
QoQ Change+0.0%+0.0%+178.9%-102.9%-100.0%+100.0%-106.3%>999%-73.3%+725.0%-75.8%-100.0%>999%-102.3%+500.0%+50.0%
YoY Change-108.0%-115.9%-100.0%-8.6%-100.0%>999%+106.3%+900.0%-100.0%-25.0%+33.3%-112.5%+100.0%
Range-$1.00M$44.00M
CAGR-1.0%
Avg YoY Growth+159.2%
Median YoY Growth-25.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Apollo Global Management's asset management — amortization of note discount?
Apollo Global Management (APO) reported asset management — amortization of note discount of $6.00M in Q4 2025.
How has Apollo Global Management's asset management — amortization of note discount changed year-over-year?
Apollo Global Management's asset management — amortization of note discount increased by 100.0% year-over-year, from $3.00M to $6.00M.
What is the long-term trend for Apollo Global Management's asset management — amortization of note discount?
Over 4 years (2021 to 2025), Apollo Global Management's asset management — amortization of note discount has grown at a 20.5% compound annual growth rate (CAGR), from $25.10M to $53.00M.
What does asset management — amortization of note discount mean?
The non-cash expense of spreading out the discount on debt over its term.