Apollo Global Management Retirement Services — Total gains (losses) increased by 35.3% to $349.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 126.9%, from -$1.30B to $349.00M. Over 3 years (FY 2022 to FY 2025), Retirement Services — Total gains (losses) shows an upward trend with a -4.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Positive values indicate successful investment performance, while negative values suggest market headwinds or asset underperformance.
The aggregate net change in the fair value of the retirement services investment portfolio, including both realized and...
Comparable to net investment gains/losses reported by other life insurance and annuity providers.
apo_segment_retirement_services_total_gains_losses| 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 | -$961.00M | -$1.15B | -$1.36B | $0.00 | $349.00M | -$221.00M | -$1.11B | $1.18B | -$446.00M | $82.00M | $1.31B | -$1.30B | $1.16B | $1.25B | $258.00M | $349.00M |
| QoQ Change | — | -19.6% | -18.1% | +100.0% | — | -163.3% | -402.7% | +206.4% | -137.7% | +118.4% | >999% | -198.8% | +189.7% | +7.2% | -79.3% | +35.3% |
| YoY Change | — | — | — | — | +136.3% | +80.8% | +18.1% | — | -227.8% | +137.1% | +218.3% | -209.8% | +361.0% | >999% | -80.4% | +126.9% |