Apollo Global Management Reconciling items — Interest sensitive contract liabilities decreased by 3.3% to $7.00B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.7%, from $6.32B to $7.00B. Over 3 years (FY 2022 to FY 2025), Reconciling items — Interest sensitive contract liabilities shows relatively stable performance with a 2.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests higher exposure to interest rate volatility and greater long-term obligations, while a decrease may indicate policy maturity or a reduction in interest-sensitive product offerings.
This metric represents the actuarial liability associated with insurance contracts where the policyholder's benefits are...
Similar to 'Interest-Sensitive Liabilities' or 'Policyholder Account Balances' found in the financial statements of life insurance and retirement service peers.
apo_segment_reconciling_items_interest_sensitive_contract_liabilities| 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 | $7.46B | $5.66B | $5.01B | $5.28B | $5.81B | $6.73B | $5.61B | $6.78B | $7.72B | $7.39B | $7.57B | $6.32B | $5.18B | $6.00B | $7.23B | $7.00B |
| QoQ Change | — | -24.2% | -11.5% | +5.3% | +10.1% | +15.9% | -16.7% | +20.9% | +13.8% | -4.3% | +2.5% | -16.6% | -18.1% | +15.8% | +20.6% | -3.3% |
| YoY Change | — | — | — | — | -22.1% | +19.0% | +12.0% | +28.5% | +32.9% | +9.7% | +35.0% | -6.8% | -32.9% | -18.8% | -4.5% | +10.7% |