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Apollo Global Management APO Incentive fees — Revenue
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Where this comes from
Reported directly by Apollo Global Management in its filing.
Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
The source filing: Apollo Global Management’s 10-Q, filed May 7, 2026.
- Filed
- May 7, 2026, 5:25 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001858681-26-000026
| (In millions, except per share data) | Three months ended March 31, 2026 | Three months ended March 31, 2025 |
|---|---|---|
| Management fees | $696 | $508 |
| Advisory and transaction fees, net | 306 | 195 |
| Investment income (loss) | (77) | 303 |
| Incentive fees | 64 | 40 |
| Property management, development and other fees | 22 | — |
| 1,011 | 1,046 | |
| Retirement Services | ||
| Premiums | 217 | 127 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Apollo Global Management's incentive fees — revenue?
- Apollo Global Management (APO) reported incentive fees — revenue of $64M in Q1 2026.
- How has Apollo Global Management's incentive fees — revenue changed year-over-year?
- Apollo Global Management's incentive fees — revenue increased by 60.0% year-over-year, from $40M to $64M.
- What is the long-term trend for Apollo Global Management's incentive fees — revenue?
- Over 3 years (2022 to 2025), Apollo Global Management's incentive fees — revenue has grown at a 108.6% compound annual growth rate (CAGR), from $27M to $245M.
- What does incentive fees — revenue mean?
- This metric represents the performance-based fees earned by an alternative asset manager for exceeding specific investment return hurdles or benchmarks. These fees are typically realized upon the successful exit of portfolio investments or the achievement of performance milestones within managed funds. As a key component of the firm's variable revenue stream, it reflects the manager's ability to generate alpha and create value for limited partners.
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