Business Segments · Derivative Liability

Retirement Services — Derivative Liability

Apollo Global Management Retirement Services — Derivative Liability increased by 18.3% to $5.74B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 61.5%, from $3.56B to $5.74B. Over 3 years (FY 2022 to FY 2025), Retirement Services — Derivative Liability shows an upward trend with a 48.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

An increase in liability may signal adverse market movements against hedge positions or an expansion of hedging activities.

Detailed definition

The fair value of derivative financial instruments that represent a net liability position for the retirement services s...

Peer comparison

Standard line item for financial institutions managing complex asset-liability matching programs.

Metric ID: apo_segment_retirement_services_derivative_liability

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$631.00M$1.23B$2.23B$1.65B$1.52B$1.75B$1.89B$2.00B$2.43B$3.21B$2.76B$3.56B$3.37B$4.89B$4.85B$5.74B
QoQ Change+95.1%+81.1%-26.2%-7.8%+15.5%+7.9%+5.4%+21.8%+32.2%-14.1%+28.9%-5.4%+45.3%-0.7%+18.3%
YoY Change+140.6%+42.4%-15.1%+21.2%+60.0%+83.2%+45.8%+78.2%+38.5%+52.2%+76.0%+61.5%
Range$631.00M$5.74B
CAGR+80.2%
Avg YoY Growth+57.0%
Median YoY Growth+56.1%

Frequently Asked Questions

What is Apollo Global Management's retirement services — derivative liability?
Apollo Global Management (APO) reported retirement services — derivative liability of $5.74B in Q4 2025.
How has Apollo Global Management's retirement services — derivative liability changed year-over-year?
Apollo Global Management's retirement services — derivative liability increased by 61.5% year-over-year, from $3.56B to $5.74B.
What is the long-term trend for Apollo Global Management's retirement services — derivative liability?
Over 3 years (2022 to 2025), Apollo Global Management's retirement services — derivative liability has grown at a 48.7% compound annual growth rate (CAGR), from $5.74B to $18.85B.
What does retirement services — derivative liability mean?
The total value owed on derivative contracts used to hedge financial risks.