Business Segments · Fixed income and other net investment income

Retirement Services — Fixed income and other net investment income

Apollo Global Management Retirement Services — Fixed income and other net investment income increased by 2.4% to $3.51B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 20.4%, from $2.91B to $3.51B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ4 2025

How to read this metric

Higher income indicates strong portfolio performance and effective asset-liability management, while lower income may suggest a challenging interest rate environment or credit losses.

Detailed definition

This represents the net income generated from the segment's portfolio of fixed-income securities and other interest-bear...

Peer comparison

Comparable to net investment income (NII) reported by life insurance and annuity providers.

Metric ID: apo_segment_retirement_services_fixed_income_and_other_net_investment_income

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$0.00$0.00$0.00$1.21B$1.30B$1.47B$1.73B$1.96B$2.21B$2.24B$2.34B$2.45B$2.63B$2.81B$2.91B$2.91B$3.18B$3.42B$3.51B
QoQ Change+7.9%+12.9%+17.4%+13.4%+12.8%+1.3%+4.7%+4.9%+7.3%+6.6%+3.8%+0.1%+9.1%+7.7%+2.4%
YoY Change+62.2%+69.5%+52.0%+35.5%+25.4%+19.3%+25.5%+24.4%+18.7%+20.7%+22.0%+20.4%
Range$0.00$3.51B
Avg YoY Growth+33.0%
Median YoY Growth+24.9%
Current Streak15+ quarters growth

Frequently Asked Questions

What is Apollo Global Management's retirement services — fixed income and other net investment income?
Apollo Global Management (APO) reported retirement services — fixed income and other net investment income of $3.51B in Q4 2025.
How has Apollo Global Management's retirement services — fixed income and other net investment income changed year-over-year?
Apollo Global Management's retirement services — fixed income and other net investment income increased by 20.4% year-over-year, from $2.91B to $3.51B.
What does retirement services — fixed income and other net investment income mean?
The net profit earned from interest-bearing investments like bonds.