Business Segments · Performance fees
Asset Management — Performance fees
Apollo Global Management Asset Management — Performance fees decreased by 275.2% to -$361.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 768.5%, from $54.00M to -$361.00M. Over 3 years (FY 2022 to FY 2025), Asset Management — Performance fees shows a downward trend with a 209.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ4 2025
How to read this metric
Higher fees indicate strong investment performance and successful fund management.
Detailed definition
Revenue earned based on the performance of managed assets, typically triggered when returns exceed a specific hurdle rat...
Peer comparison
Known as 'carried interest' or 'incentive fees' across the private equity and hedge fund industry.
Metric ID:
apo_segment_asset_management_performance_feesHistorical Data
16 periods
| 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 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$500.00K | -$500.00K | -$500.00K | -$500.00K | $31.50M | $31.50M | $31.50M | $31.50M | $268.00M | $90.00M | -$139.00M | $54.00M | $122.00M | -$26.00M | $206.00M | -$361.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | >999% | +0.0% | +0.0% | +0.0% | +750.8% | -66.4% | -254.4% | +138.8% | +125.9% | -121.3% | +892.3% | -275.2% |
| YoY Change | — | — | — | — | >999% | >999% | >999% | >999% | +750.8% | +185.7% | -541.3% | +71.4% | -54.5% | -128.9% | +248.2% | -768.5% |
Range-$361.00M – $268.00M
CAGR+478.5%
Avg YoY Growth>999%
Median YoY Growth+217.0%
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Frequently Asked Questions
- What is Apollo Global Management's asset management — performance fees?
- Apollo Global Management (APO) reported asset management — performance fees of -$361.00M in Q4 2025.
- How has Apollo Global Management's asset management — performance fees changed year-over-year?
- Apollo Global Management's asset management — performance fees decreased by 768.5% year-over-year, from $54.00M to -$361.00M.
- What is the long-term trend for Apollo Global Management's asset management — performance fees?
- Over 3 years (2022 to 2025), Apollo Global Management's asset management — performance fees has grown at a 209.0% compound annual growth rate (CAGR), from -$2.00M to -$59.00M.
- What does asset management — performance fees mean?
- Fees earned for achieving specific investment performance targets.