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Business Segments · Realized performance fees

Principal Investing — Realized performance fees

Apollo Global Management Principal Investing — Realized performance fees decreased by 39.3% to $357M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 87.9%, from $190M to $357M. Over 4 years (FY 2021 to FY 2025), Principal Investing — Realized performance fees shows a downward trend with a -6.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ1 2026May 7, 2026

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_fees

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$468.8M$608M$405.4M$127M$151M$93M$224M$164M$177M$132M$269M$94M$175M$331M$321M$190M$219M$201M$588M$357M
QoQ Change+29.7%-33.3%-68.7%+18.9%-38.4%+140.9%-26.8%+7.9%-25.4%+103.8%-65.1%+86.2%+89.1%-3.0%-40.8%+15.3%-8.2%+192.5%-39.3%
YoY Change-67.8%-84.7%-44.7%+29.1%+17.2%+41.9%+20.1%-42.7%-1.1%+150.8%+19.3%+102.1%+25.1%-39.3%+83.2%+87.9%
Range$93M$608M
CAGR-5.6%
Avg YoY Growth+18.5%
Median YoY Growth+19.7%

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 $357M in Q1 2026.
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 87.9% year-over-year, from $190M to $357M.
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 $1.2B.
What does principal investing — realized performance fees mean?
Performance-based fees earned from successfully exiting investments.