Business Segments · Total Valuation Allowance
Retirement Services — Total Valuation Allowance
Apollo Global Management Retirement Services — Total Valuation Allowance increased by 310.4% to $197.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 310.4%, from $48.00M to $197.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2025
Rolls up toDeferred Tax Assets, Valuation Allowance
How to read this metric
A rising allowance signals uncertainty regarding future profitability or tax capacity, while a falling allowance indicates improved tax outlook.
Detailed definition
A contra-asset account used to reduce the carrying value of deferred tax assets to the amount that is more likely than n...
Peer comparison
Standard 'Valuation Allowance' against deferred tax assets in GAAP financial reporting.
Metric ID:
apo_segment_retirement_services_total_valuation_allowanceHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $0.00 | $105.00M | $25.00M | $48.00M | $197.00M |
| QoQ Change | — | — | -76.2% | +92.0% | +310.4% |
| YoY Change | — | — | -76.2% | +92.0% | +310.4% |
Range$0.00 – $197.00M
Avg YoY Growth+108.7%
Median YoY Growth+92.0%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Apollo Global Management's retirement services — total valuation allowance?
- Apollo Global Management (APO) reported retirement services — total valuation allowance of $197.00M in Q4 2025.
- How has Apollo Global Management's retirement services — total valuation allowance changed year-over-year?
- Apollo Global Management's retirement services — total valuation allowance increased by 310.4% year-over-year, from $48.00M to $197.00M.
- What does retirement services — total valuation allowance mean?
- The portion of deferred tax assets that the company does not expect to be able to use.