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Business Segments · Equity-based compensation

Asset Management — Equity-based compensation

Apollo Global Management Asset Management — Equity-based compensation decreased by 156.9% to -$156M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 57.6%, from -$99M to -$156M. Over 4 years (FY 2021 to FY 2025), Asset Management — Equity-based compensation shows a downward trend with a -24.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase may indicate higher talent retention costs or aggressive incentive programs, while a decrease could signal lower stock-based compensation usage.

Detailed definition

This represents the non-cash expense recognized for equity awards granted to employees and partners within the asset man...

Peer comparison

Standard across all public asset managers as stock-based compensation expense.

Metric ID: apo_segment_asset_management_equity_based_compensation

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$19M$20M$63M$56M$37M$46M$122M$52M$58M$57M$170M-$74M-$84M-$72M$166M-$99M-$102M-$112M$274M-$156M
QoQ Change+5.3%+215.0%-11.1%-33.9%+24.3%+165.2%-57.4%+11.5%-1.7%+198.2%-143.5%-13.5%+14.3%+330.6%-159.6%-3.0%-9.8%+344.6%-156.9%
YoY Change+94.7%+130.0%+93.7%-7.1%+56.8%+23.9%+39.3%-242.3%-244.8%-226.3%-2.4%-33.8%-21.4%-55.6%+65.1%-57.6%
Range-$156M$274M
CAGR+55.8%
Avg YoY Growth-24.2%
Median YoY Growth-4.7%

Frequently Asked Questions

What is Apollo Global Management's asset management — equity-based compensation?
Apollo Global Management (APO) reported asset management — equity-based compensation of -$156M in Q1 2026.
How has Apollo Global Management's asset management — equity-based compensation changed year-over-year?
Apollo Global Management's asset management — equity-based compensation decreased by 57.6% year-over-year, from -$99M to -$156M.
What is the long-term trend for Apollo Global Management's asset management — equity-based compensation?
Over 4 years (2021 to 2025), Apollo Global Management's asset management — equity-based compensation has grown at a -24.2% compound annual growth rate (CAGR), from $118M to -$39M.
What does asset management — equity-based compensation mean?
The expense recognized for stock-based awards granted to employees in the asset management business.