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Apollo Global Management APO Management fees — Revenue

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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: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, 2026Three months ended March 31, 2025
Revenues
Asset Management
Management fees$696$508
Advisory and transaction fees, net306195
Investment income (loss)(77)303
Incentive fees6440
Property management, development and other fees22
1,0111,046

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Apollo Global Management's management fees — revenue?
Apollo Global Management (APO) reported management fees — revenue of $696M in Q1 2026.
How has Apollo Global Management's management fees — revenue changed year-over-year?
Apollo Global Management's management fees — revenue increased by 37.0% year-over-year, from $508M to $696M.
What does management fees — revenue mean?
This metric represents the recurring revenue generated from fees charged to investment funds and managed accounts based on the total value of assets under management. It serves as a primary indicator of the scale and stability of the firm's fee-earning capital base. As a core component of the asset management business, it reflects the firm's ability to attract and retain long-term capital commitments from institutional and retail investors.

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