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Apollo Global Management APO Asset Management — Net operating loss carryforwards

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Other financials

Income statement

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Revenue$5.1B-8.8%
Net income-$1.9B-531%
EPS (diluted)-$3.27-581%

Balance sheet

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Cash & equivalents$23.7B+53.1%
Total debt$14.2B+34.4%
Total equity$20.0B+11.0%
Total assets$467.53B+18.3%

Cash flow

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Operating cash flow$1.6B+60.1%

Valuation

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Market cap$69.33B-16.5%
Enterprise value$59.8B-25.5%
P/E60.6×+35.9×
P/S2.2×-1.1×

Profitability

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Net margin3.6%-11.0pp

Returns & leverage

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Return on equity6%-15.9pp
Debt / equity0.7×+0.1×

Where this comes from

Reported directly by Apollo Global Management in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsOperatingLossCarryforwards.

The official record: Apollo Global Management’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Apollo Global Management's asset management — net operating loss carryforwards?
Apollo Global Management (APO) reported asset management — net operating loss carryforwards of $40M in Q4 2025.
How has Apollo Global Management's asset management — net operating loss carryforwards changed year-over-year?
Apollo Global Management's asset management — net operating loss carryforwards increased by 73.9% year-over-year, from $23M to $40M.
What does asset management — net operating loss carryforwards mean?
This represents the amount of tax losses from prior periods that can be carried forward to offset future taxable income within the asset management segment. It serves as a potential future tax benefit that reduces the company's effective tax rate.