Income StatementBalance SheetCash FlowSegments
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Apollo Global Management Cash Flow Statement

Operating, investing, and financing cash movements

Apollo Global Management generated $7.9B in operating cash flow over the trailing twelve months. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$7.9BNet Cash From Investing (TTM)-$55.4BNet Cash From Financing (TTM)$55.8BDepreciation And Amortization Cf (TTM)$1.5BNet Change In Cash (TTM)$3.6B
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$77.3B
P/E Ratio67.56
ROE6.03%

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from minority shareholders$656.0M$607.0M$584.0M$1.0B$737.0M$947.0M
Proceeds from issuance of debt$1.8B$294.0M$2.3B$2.1B$2.5B$3.1B
Repayments of debt$765.0M$818.0M$467.0M$914.0M$2.4B$1.4B
Dividends paid$277.0M$278.0M$306.0M$306.0M$311.0M$312.0M
Payments of Ordinary Dividends, Preferred Stock and Preference Stock$24.0M$24.0M$25.0M$24.0M$24.0M$24.0M
Payments to Noncontrolling Interests$440.0M$210.0M$820.0M$285.0M$610.0M$891.0M
Deposits on investment-type policies and contracts$14.3B$25.3B$20.7B$23.3B$11.9B$19.7B
Other, net-$69.0M-$763.0M$193.0M$72.0M—-$208.0M
Repayments of Annuities and Investment Certificates$3.1B$5.2B$4.4B$7.2B$5.8B$7.8B
Cash Flows from Financing Derivatives-$3.7B$4.4B-$7.0M-$1.8B-$2.9B$2.6B
Net cash from financing activities$15.7B$14.3B$17.8B$19.2B$8.9B$9.9B
Repurchases of common stock$102.0M$193.0M$0.0$340.0M$240.0M$632.0M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other working capital changes$543.0M$589.0M$153.0M-$392.0M$760.0M-$1.6B
Depreciation and amortization$296.0M$308.0M$332.0M$400.0M$391.0M$397.0M
Net cash from operating activities$0.0$1.0B$1.3B$303.0M$4.7B$1.6B
Net income$1.7B$938.0M$842.0M$2.5B$1.2B-$1.4B
Accretion (Amortization) of Discounts and Premiums, Investments$76.0M$42.0M$48.0M$45.0M$67.0M$65.0M
Gain (Loss) On Investments And Derivatives$0.0-$306.0M$257.0M$2.8B$718.0M-$1.5B
Increase (Decrease) From Sale Of Investments$0.0-$1.2B-$474.0M-$833.0M-$4.2B-$3.0B
Increase (Decrease) In Consolidation, Operating Activities$0.0$23.0M$0.0$0.0$19.0M$0.0
Interest sensitive contract liabilities$729.0M$519.0M$2.5B$2.9B$1.8B$247.0M
Investment Income, Net$349.0M$370.0M$406.0M$343.0M$252.0M$85.0M
Other Noncash Income (Expense)—-$300.0M$72.0M-$129.0M-$236.0M$163.0M
Policy Acquisition Costs Deferred-$316.0M-$515.0M-$442.0M-$536.0M-$383.0M-$364.0M
Stock-based compensation$243.0M$149.0M$166.0M$208.0M$266.0M$232.0M
Change in trading and equity securities$755.0M$871.0M$848.0M$2.8B$2.3B$3.0B

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Payments for Derivative Instruments (Investing)$2.2B$942.0M$1.6B$2.4B$1.2B$1.2B
Payment for (Proceeds from) Other Investing Activity$1.1B-$902.0M$1.2B$145.0M$1.3B-$274.0M
Payments to Acquire Held-to-Maturity Securities$0.0$444.0M$0.0$7.0M$4.0M$1.0M
Payments To Acquire Investment Funds$938.0M$714.0M$879.0M$841.0M$1.8B$2.8B
Payments To Acquire Investments And Contributions To Equity Method Investments$433.0M$1.3B$3.0B$1.7B$3.2B$2.5B
Payments to notes receivables$8.8B$9.0B$8.8B$8.2B$15.4B$6.6B
Sales, maturities and repayments of investments and distributions from equity method investments$14.3B$19.0B$18.9B$23.5B$31.2B$22.6B
Net cash from investing activities-$16.3B-$16.9B-$19.6B-$13.2B-$14.2B-$8.3B
Purchases of investments$17.1B$24.3B$23.1B$23.5B$22.5B$18.1B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$6.0M$3.0M$10.0M$0.0—-$1.0M
Net increase (decrease) in cash-$515.0M-$1.6B-$542.0M$6.2B—$3.2B

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest paid$194.0M$321.0M$264.0M$219.0M$190.0M$220.0M
Income Taxes Paid, Net—$310.0M———-$157.0M
Health care costs payable and other insurance liabilities-$834.0M-$289.0M-$784.0M-$448.0M—-$259.0M