Apollo Global Management Asset Management — Capital increases related to equity-based compensation increased by 55.3% to $233.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $213.00M to $233.00M. Over 3 years (FY 2022 to FY 2025), Asset Management — Capital increases related to equity-based compensation shows an upward trend with a 15.7% CAGR.
An increase reflects higher reliance on equity-based incentives, which can dilute existing shareholders but aligns management with long-term performance.
Measures the increase in equity capital resulting from the issuance of stock-based awards to employees and management. I...
Similar to 'Stock-based compensation' or 'Equity-settled share-based payments' at peer firms.
apo_segment_asset_management_capital_increases_related_to_equity_based_compensation| Q2 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $41.00M | $133.00M | $100.00M | $88.00M | $92.00M | $110.00M | $111.00M | $107.00M | $539.00M | $153.00M | $125.00M | $115.00M | $213.00M | $121.00M | $136.00M | $150.00M | $233.00M |
| QoQ Change | — | +224.4% | -24.8% | -12.0% | +4.5% | +19.6% | +0.9% | -3.6% | +403.7% | -71.6% | -18.3% | -8.0% | +85.2% | -43.2% | +12.4% | +10.3% | +55.3% |
| YoY Change | — | — | +143.9% | — | — | -17.3% | +11.0% | +21.6% | +485.9% | +39.1% | +12.6% | +7.5% | -60.5% | -20.9% | +8.8% | +30.4% | +9.4% |