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Apollo Global Management APO Indexed Annuities — Additions

Other product segments

Traditional Deferred Annuities
$142M-40.1%
Other investment-type and other
$12M+1,100%
Funding Agreements
$6M-68.4%

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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$74.73B-10.4%
Enterprise value$65.2B-19.1%
P/E65.3×+40.6×
P/S2.4×-0.9×

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:DeferredSalesInducementsAdditions.

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)DAC / Traditional deferred annuitiesDAC / Indexed annuitiesDAC / Funding agreementsDAC / Other investment-type and otherDSI / Indexed annuitiesVOBATotal DAC, DSI and VOBA
Balance at December 31, 2025$1,471$3,135$66$25$2,111$1,826$8,634
Additions142204612151515
Amortization(105)(84)(7)(1)(60)(80)(337)
Balance at March 31, 2026$1,508$3,255$65$36$2,202$1,746$8,812

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Apollo Global Management's indexed annuities — additions?
Apollo Global Management (APO) reported indexed annuities — additions of $151M in Q1 2026.
How has Apollo Global Management's indexed annuities — additions changed year-over-year?
Apollo Global Management's indexed annuities — additions decreased by 17.9% year-over-year, from $184M to $151M.
What is the long-term trend for Apollo Global Management's indexed annuities — additions?
Over 3 years (2022 to 2025), Apollo Global Management's indexed annuities — additions has grown at a 26.2% compound annual growth rate (CAGR), from $411M to $827M.
What does indexed annuities — additions mean?
This metric tracks the total value of new capital or policy adjustments added to the indexed annuity portfolio during a reporting period. It reflects the growth in the underlying asset base driven by new contract issuances or additional contributions to existing accounts.

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