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Apollo Global Management APO Retirement Services — Investment Income, Investment Expense

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Other financials

Income statement

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Revenue$5.1B-8.8%
Net income-$1.9B-531%
EPS (diluted)-$3.27-581%

Balance sheet

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Cash & equivalents$23.7B+53.1%
Total debt$14.2B+34.4%
Total equity$20.0B+11.0%
Total assets$467.53B+18.3%

Cash flow

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Operating cash flow$1.6B+60.1%

Valuation

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Market cap$69.33B-16.5%
Enterprise value$59.8B-25.5%
P/E60.6×+35.9×
P/S2.2×-1.1×

Profitability

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Net margin3.6%-11.0pp

Returns & leverage

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Return on equity6%-15.9pp
Debt / equity0.7×+0.1×

Where this comes from

Reported directly by Apollo Global Management in its filing.

Tagged under the XBRL concept us-gaap:InvestmentIncomeInvestmentExpense.

The official record: Apollo Global Management’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Apollo Global Management's retirement services — investment income, investment expense?
Apollo Global Management (APO) reported retirement services — investment income, investment expense of $38M in Q1 2026.
How has Apollo Global Management's retirement services — investment income, investment expense changed year-over-year?
Apollo Global Management's retirement services — investment income, investment expense increased by 5.6% year-over-year, from $36M to $38M.
What is the long-term trend for Apollo Global Management's retirement services — investment income, investment expense?
Over 3 years (2022 to 2025), Apollo Global Management's retirement services — investment income, investment expense has grown at a 73.1% compound annual growth rate (CAGR), from $38M to $197M.
What does retirement services — investment income, investment expense mean?
Represents the net cost incurred to generate investment income within the retirement services portfolio. This reflects the operational expenses directly tied to managing the investment assets that back insurance and annuity liabilities.