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Business Segments · Deferred Revenue

Asset Management — Deferred Revenue

Apollo Global Management Asset Management — Deferred Revenue decreased by 22.2% to $7M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 22.2%, from $9M to $7M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2025Feb 25, 2026

How to read this metric

An increase in deferred revenue indicates strong future demand and a growing pipeline of earned income.

Detailed definition

This metric represents payments received from clients for services that have not yet been performed or earned by the ass...

Peer comparison

Standard metric for service-based businesses and asset managers with upfront fee structures.

Metric ID: apo_segment_asset_management_deferred_revenue

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$6M$8M$11M$9M$7M
QoQ Change+33.3%+37.5%-18.2%-22.2%
YoY Change+33.3%+37.5%-18.2%-22.2%
Range$6M$11M
CAGR+16.7%
Avg YoY Growth+7.6%
Median YoY Growth+7.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is Apollo Global Management's asset management — deferred revenue?
Apollo Global Management (APO) reported asset management — deferred revenue of $7M in Q4 2025.
How has Apollo Global Management's asset management — deferred revenue changed year-over-year?
Apollo Global Management's asset management — deferred revenue decreased by 22.2% year-over-year, from $9M to $7M.
What does asset management — deferred revenue mean?
Money received in advance for services that the company has yet to provide.