Business Segments · Realized performance fees
Principal Investing — Realized performance fees
Apollo Global Management Principal Investing — Realized performance fees increased by 192.5% to $588.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 83.2%, from $321.00M to $588.00M. Over 4 years (FY 2021 to FY 2025), Principal Investing — Realized performance fees shows a downward trend with a -6.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ4 2025
How to read this metric
Higher fees indicate successful investment exits and strong portfolio performance.
Detailed definition
These are performance-based fees earned by the investment manager upon the successful realization of investment gains. T...
Peer comparison
Standard in alternative asset management as 'Carried Interest' or 'Performance Fees'.
Metric ID:
apo_segment_principal_investing_realized_performance_feesHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $468.80M | $608.00M | $405.50M | $127.20M | $150.90M | $92.90M | $224.30M | $164.00M | $177.00M | $132.00M | $269.00M | $94.00M | $175.00M | $331.00M | $321.00M | $190.00M | $219.00M | $201.00M | $588.00M |
| QoQ Change | — | +29.7% | -33.3% | -68.6% | +18.6% | -38.4% | +141.4% | -26.9% | +7.9% | -25.4% | +103.8% | -65.1% | +86.2% | +89.1% | -3.0% | -40.8% | +15.3% | -8.2% | +192.5% |
| YoY Change | — | — | — | — | -67.8% | -84.7% | -44.7% | +28.9% | +17.3% | +42.1% | +19.9% | -42.7% | -1.1% | +150.8% | +19.3% | +102.1% | +25.1% | -39.3% | +83.2% |
Range$92.90M – $608.00M
CAGR+5.2%
Avg YoY Growth+13.9%
Median YoY Growth+19.3%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Apollo Global Management's principal investing — realized performance fees?
- Apollo Global Management (APO) reported principal investing — realized performance fees of $588.00M in Q4 2025.
- How has Apollo Global Management's principal investing — realized performance fees changed year-over-year?
- Apollo Global Management's principal investing — realized performance fees increased by 83.2% year-over-year, from $321.00M to $588.00M.
- What is the long-term trend for Apollo Global Management's principal investing — realized performance fees?
- Over 4 years (2021 to 2025), Apollo Global Management's principal investing — realized performance fees has grown at a -6.8% compound annual growth rate (CAGR), from $1.59B to $1.20B.
- What does principal investing — realized performance fees mean?
- Performance-based fees earned from successfully exiting investments.