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Apollo Global Management APO Asset Management — Policy and other operating expenses

Other segment segments

Principal Investing
$15M-6.3%

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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:OtherCostAndExpenseOperating.

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 — policy and other operating expenses?
Apollo Global Management (APO) reported asset management — policy and other operating expenses of $201M in Q1 2026.
How has Apollo Global Management's asset management — policy and other operating expenses changed year-over-year?
Apollo Global Management's asset management — policy and other operating expenses increased by 25.6% year-over-year, from $160M to $201M.
What is the long-term trend for Apollo Global Management's asset management — policy and other operating expenses?
Over 4 years (2021 to 2025), Apollo Global Management's asset management — policy and other operating expenses has grown at a 24.8% compound annual growth rate (CAGR), from $313M to $759M.
What does asset management — policy and other operating expenses mean?
General operating costs, excluding direct compensation, required to support the asset management segment's daily operations. This includes administrative overhead, technology costs, and other infrastructure expenses.