Business Segments · Policy and other operating expenses

Principal Investing — Policy and other operating expenses

Apollo Global Management Principal Investing — Policy and other operating expenses increased by 14.3% to $16.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.3%, from $14.00M to $16.00M. Over 4 years (FY 2021 to FY 2025), Principal Investing — Policy and other operating expenses shows an upward trend with a 10.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ4 2025

How to read this metric

Rising expenses relative to segment revenue may indicate declining operational efficiency.

Detailed definition

These are the administrative and operational costs required to support the Principal Investing segment, excluding direct...

Peer comparison

Comparable to 'General and Administrative' (G&A) or 'Operating Expenses' in segment reporting.

Metric ID: apo_segment_principal_investing_policy_and_other_operating_expenses

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$14.80M$11.80M$8.30M$10.60M$13.10M$13.90M$18.20M$14.00M$14.00M$14.00M$14.00M$14.00M$15.00M$17.00M$14.00M$16.00M$17.00M$14.00M$16.00M
QoQ Change-20.3%-29.7%+27.7%+23.6%+6.1%+30.9%-23.1%+0.0%+0.0%+0.0%+0.0%+7.1%+13.3%-17.6%+14.3%+6.3%-17.6%+14.3%
YoY Change-11.5%+17.8%+119.3%+32.1%+6.9%+0.7%-23.1%+0.0%+7.1%+21.4%+0.0%+14.3%+13.3%-17.6%+14.3%
Range$8.30M$18.20M
CAGR+1.7%
Avg YoY Growth+13.0%
Median YoY Growth+7.1%

Frequently Asked Questions

What is Apollo Global Management's principal investing — policy and other operating expenses?
Apollo Global Management (APO) reported principal investing — policy and other operating expenses of $16.00M in Q4 2025.
How has Apollo Global Management's principal investing — policy and other operating expenses changed year-over-year?
Apollo Global Management's principal investing — policy and other operating expenses increased by 14.3% year-over-year, from $14.00M to $16.00M.
What is the long-term trend for Apollo Global Management's principal investing — policy and other operating expenses?
Over 4 years (2021 to 2025), Apollo Global Management's principal investing — policy and other operating expenses has grown at a 10.4% compound annual growth rate (CAGR), from $42.40M to $63.00M.
What does principal investing — policy and other operating expenses mean?
Operational and administrative overhead costs for the Principal Investing segment.