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Apollo Global Management APO Indexed Annuities — Foreign exchange

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Other financials

Income statement

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Revenue$11.2B+63.7%
Net income$1.4B+116%
EPS (diluted)$2.15+117%

Balance sheet

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Cash & equivalents$28.4B+89.8%
Total debt$13.7B+13.0%
Total equity$21.0B+8.7%
Total assets$494.05B+17.8%

Cash flow

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Operating cash flow$2.9B+128%

Valuation

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Market cap$76.04B-6.5%
Enterprise value$61.35B-21.8%
P/E40.6×+16.4×
P/S2.1×-1.1×

Profitability

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Net margin5.2%-8.0pp

Returns & leverage

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Return on equity9.3%-10.2pp
Debt / equity0.7×0.0×

Where this comes from

Reported directly by Apollo Global Management in its filing.

Tagged under the XBRL concept apo:PolicyholderAccountBalanceForeignExchange.

The source filing: Apollo Global Management’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 7:32 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001858681-26-000040
(In millions, except percentages)Six months ended June 30, 2026 / Traditional Deferred AnnuitiesSix months ended June 30, 2026 / Indexed AnnuitiesSix months ended June 30, 2026 / Funding AgreementsSix months ended June 30, 2026 / Other Investment-typeTotal
Surrenders and withdrawals(4,402)(5,830)(47)(52)(10,331)
Benefit payments(747)(811)(7,020)(133)(8,711)
Interest credited2,6442,3291,9001337,006
Foreign exchange(156)(312)(177)(645)
Other(318)(64)(382)
Balance at June 30, 2026$124,233$109,235$94,007$9,961$337,436
Weighted average crediting rate4.7%2.8%4.5%3.1%
Net amount at risk$423$18,262$15

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Apollo Global Management's indexed annuities — foreign exchange?
Apollo Global Management (APO) reported indexed annuities — foreign exchange of -$1M in Q2 2026.
How has Apollo Global Management's indexed annuities — foreign exchange changed year-over-year?
Apollo Global Management's indexed annuities — foreign exchange decreased by 120.0% year-over-year, from $5M to -$1M.
What does indexed annuities — foreign exchange mean?
The impact of currency fluctuations on the valuation of policyholder account balances denominated in non-functional currencies. This captures the translation risk inherent in international annuity contracts.

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