What is Apollo Global Management's asset management — nonoperating income (expense)?

Apollo Global Management (APO) reported asset management — nonoperating income (expense) of -$97M in Q1 2026.

What is the long-term trend for Apollo Global Management's asset management — nonoperating income (expense)?

Over 3 years (2021 to 2024), Apollo Global Management's asset management — nonoperating income (expense) has grown at a -53.5% compound annual growth rate (CAGR), from $3.02B to $303M.

What does asset management — nonoperating income (expense) mean?

Net income or expense resulting from activities outside of core asset management operations.

Business Segments · Nonoperating Income (Expense)

Asset Management — Nonoperating Income (Expense)

Apollo Global Management Asset Management — Nonoperating Income (Expense) decreased by 166.4% to -$97M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 288.0%, from -$25M to -$97M. Over 3 years (FY 2021 to FY 2024), Asset Management — Nonoperating Income (Expense) shows a downward trend with a -53.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ1 2020

Last reportedQ1 2026May 7, 2026

Rolls up toOther Income (Expense)

How to read this metric

Higher values indicate stronger returns from non-core financial activities or lower financing costs, while negative values indicate a drag on segment earnings.

Detailed definition

Captures financial results from activities outside the core asset management operations, such as interest income, intere...

Peer comparison

Commonly reported as 'Non-operating income/expense' across the financial services industry.

Metric ID: apo_segment_asset_management_nonoperating_income_expense

Historical Data

19 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q1 '26
Value	$1.06B	$302M	$1.21B	$378M	$180M	$97M	$42M	$64M	$80M	$39M	$90M	$38M	$4M	$129M	$132M	-$25M	-$251M	$146M	-$97M
QoQ Change	—	-71.6%	+300.3%	-68.7%	-52.4%	-46.1%	-56.7%	+52.4%	+25.0%	-51.2%	+130.8%	-57.8%	-89.5%	>999%	+2.3%	-118.9%	-904.0%	+158.2%	-166.4%
YoY Change	—	—	—	—	-83.1%	-67.9%	-96.5%	-83.1%	-55.6%	-59.8%	+114.3%	-40.6%	-95.0%	+230.8%	+46.7%	-165.8%	<-999%	+13.2%	-288.0%

Range-$251M – $1.21B

CAGR-41.3%

Avg YoY Growth-467.0%

Median YoY Growth-67.9%

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Frequently Asked Questions

What is Apollo Global Management's asset management — nonoperating income (expense)?: Apollo Global Management (APO) reported asset management — nonoperating income (expense) of -$97M in Q1 2026.
How has Apollo Global Management's asset management — nonoperating income (expense) changed year-over-year?: Apollo Global Management's asset management — nonoperating income (expense) decreased by 288.0% year-over-year, from -$25M to -$97M.
What is the long-term trend for Apollo Global Management's asset management — nonoperating income (expense)?: Over 3 years (2021 to 2024), Apollo Global Management's asset management — nonoperating income (expense) has grown at a -53.5% compound annual growth rate (CAGR), from $3.02B to $303M.
What does asset management — nonoperating income (expense) mean?: Net income or expense resulting from activities outside of core asset management operations.