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Products & Services · Deferred Policy Acquisition Costs, Amortization Expense

Indexed Annuities — Deferred Policy Acquisition Costs, Amortization Expense

Apollo Global Management Indexed Annuities — Deferred Policy Acquisition Costs, Amortization Expense increased by 5.0% to $84M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 44.8%, from $58M to $84M. Over 3 years (FY 2022 to FY 2025), Indexed Annuities — Deferred Policy Acquisition Costs, Amortization Expense shows an upward trend with a 111.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026May 7, 2026

How to read this metric

Rising amortization often follows periods of high sales growth, whereas declining amortization may signal a maturing portfolio or lower historical acquisition activity.

Detailed definition

This represents the periodic expense recognized in the income statement as the capitalized acquisition costs are systema...

Peer comparison

Standard amortization of DAC found in all life insurance and annuity financial statements.

Metric ID: apo_segment_indexed_annuities_deferred_policy_acquisition_costs_amortization_expense

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1M$7M$9M$12M$18M$23M$28M$32M$39M$43M$49M$53M$58M$64M$73M$80M$84M
QoQ Change+600.0%+28.6%+33.3%+50.0%+27.8%+21.7%+14.3%+21.9%+10.3%+14.0%+8.2%+9.4%+10.3%+14.1%+9.6%+5.0%
YoY Change>999%+228.6%+211.1%+166.7%+116.7%+87.0%+75.0%+65.6%+48.7%+48.8%+49.0%+50.9%+44.8%
Range$1M$84M
CAGR+202.7%
Avg YoY Growth+222.5%
Median YoY Growth+75.0%
Current Streak16+ quarters growth

Frequently Asked Questions

What is Apollo Global Management's indexed annuities — deferred policy acquisition costs, amortization expense?
Apollo Global Management (APO) reported indexed annuities — deferred policy acquisition costs, amortization expense of $84M in Q1 2026.
How has Apollo Global Management's indexed annuities — deferred policy acquisition costs, amortization expense changed year-over-year?
Apollo Global Management's indexed annuities — deferred policy acquisition costs, amortization expense increased by 44.8% year-over-year, from $58M to $84M.
What is the long-term trend for Apollo Global Management's indexed annuities — deferred policy acquisition costs, amortization expense?
Over 3 years (2022 to 2025), Apollo Global Management's indexed annuities — deferred policy acquisition costs, amortization expense has grown at a 111.7% compound annual growth rate (CAGR), from $29M to $275M.
What does indexed annuities — deferred policy acquisition costs, amortization expense mean?
The annual expense recognized from writing off previously capitalized acquisition costs.