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Apollo Global Management APO Asset Management — Performance allocations

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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 apo:PerformanceAllocations.

The official record: Apollo Global Management’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Apollo Global Management's asset management — performance allocations?
Apollo Global Management (APO) reported asset management — performance allocations of $2.79B in Q1 2026.
How has Apollo Global Management's asset management — performance allocations changed year-over-year?
Apollo Global Management's asset management — performance allocations decreased by 10.3% year-over-year, from $3.11B to $2.79B.
What is the long-term trend for Apollo Global Management's asset management — performance allocations?
Over 3 years (2022 to 2025), Apollo Global Management's asset management — performance allocations has grown at a 6.9% compound annual growth rate (CAGR), from $10.36B to $12.67B.
What does asset management — performance allocations mean?
Reflects the portion of investment gains allocated to the general partner or manager based on the performance of the underlying funds. These allocations are typically contingent upon achieving specific return hurdles and represent a key component of incentive-based compensation.