Business Segments · Equity-based compensation

Retirement Services — Equity-based compensation

Apollo Global Management Retirement Services — Equity-based compensation decreased by 7.7% to -$14.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 83.7%, from -$86.00M to -$14.00M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ4 2025

How to read this metric

While necessary for talent, high levels relative to revenue may indicate dilution or high overhead costs.

Detailed definition

The expense recognized for equity-based awards granted to employees within the retirement services segment. This represe...

Peer comparison

Comparable to stock-based compensation expense reported by public companies across all sectors.

Metric ID: apo_segment_retirement_services_equity_based_compensation

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$0.00$0.00$0.00$12.00M$13.00M$15.00M$16.00M$16.00M$13.00M$13.00M$46.00M$13.00M$11.00M$12.00M-$86.00M-$11.00M-$11.00M-$13.00M-$14.00M
QoQ Change+8.3%+15.4%+6.7%+0.0%-18.8%+0.0%+253.8%-71.7%-15.4%+9.1%-816.7%+87.2%+0.0%-18.2%-7.7%
YoY Change+33.3%+0.0%-13.3%+187.5%-18.8%-15.4%-7.7%-287.0%-184.6%-200.0%-208.3%+83.7%
Range-$86.00M$46.00M
Avg YoY Growth-52.5%
Median YoY Growth-14.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is Apollo Global Management's retirement services — equity-based compensation?
Apollo Global Management (APO) reported retirement services — equity-based compensation of -$14.00M in Q4 2025.
How has Apollo Global Management's retirement services — equity-based compensation changed year-over-year?
Apollo Global Management's retirement services — equity-based compensation increased by 83.7% year-over-year, from -$86.00M to -$14.00M.
What does retirement services — equity-based compensation mean?
The non-cash expense related to stock-based compensation for employees in the retirement services segment.