Products & Services · Deferred Policy Acquisition Cost

Funding agreements — Deferred Policy Acquisition Cost

Apollo Global Management Funding agreements — Deferred Policy Acquisition Cost decreased by 10.8% to $66.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 65.0%, from $40.00M to $66.00M. Over 3 years (FY 2022 to FY 2025), Funding agreements — Deferred Policy Acquisition Cost shows an upward trend with a 78.2% CAGR.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2025

How to read this metric

An increase suggests higher investment in business growth, while a decrease may indicate reduced acquisition activity or higher amortization.

Detailed definition

This represents the capitalized costs associated with acquiring new funding agreement contracts that are expected to be...

Peer comparison

Common in insurance and annuity providers; comparable to deferred acquisition costs (DAC) in life insurance.

Metric ID: apo_segment_funding_agreements_deferred_policy_acquisition_cost

Historical Data

17 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$0.00$10.00M$12.00M$11.00M$11.00M$10.00M$10.00M$10.00M$10.00M$26.00M$29.00M$38.00M$40.00M$54.00M$55.00M$74.00M$66.00M
QoQ Change+20.0%-8.3%+0.0%-9.1%+0.0%+0.0%+0.0%+160.0%+11.5%+31.0%+5.3%+35.0%+1.9%+34.5%-10.8%
YoY Change+0.0%-16.7%-9.1%-9.1%+160.0%+190.0%+280.0%+300.0%+107.7%+89.7%+94.7%+65.0%
Range$0.00$74.00M
Avg YoY Growth+104.4%
Median YoY Growth+92.2%

Frequently Asked Questions

What is Apollo Global Management's funding agreements — deferred policy acquisition cost?
Apollo Global Management (APO) reported funding agreements — deferred policy acquisition cost of $66.00M in Q4 2025.
How has Apollo Global Management's funding agreements — deferred policy acquisition cost changed year-over-year?
Apollo Global Management's funding agreements — deferred policy acquisition cost increased by 65.0% year-over-year, from $40.00M to $66.00M.
What is the long-term trend for Apollo Global Management's funding agreements — deferred policy acquisition cost?
Over 3 years (2022 to 2025), Apollo Global Management's funding agreements — deferred policy acquisition cost has grown at a 78.2% compound annual growth rate (CAGR), from $44.00M to $249.00M.
What does funding agreements — deferred policy acquisition cost mean?
The capitalized upfront costs incurred to acquire new funding agreement contracts.