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Business Segments · Liabilities

Retirement Services — Liabilities

Apollo Global Management Retirement Services — Liabilities increased by 1.8% to $413.53B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.1%, from $353.16B to $413.53B. Over 3 years (FY 2022 to FY 2025), Retirement Services — Liabilities shows an upward trend with a 17.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2021
Last reportedQ1 2026May 7, 2026

How to read this metric

Growth in total liabilities generally tracks with the expansion of the insurance business, but must be balanced against asset growth.

Detailed definition

The aggregate of all financial obligations held by the retirement services segment, including insurance reserves, debt,...

Peer comparison

Standard balance sheet total for insurance segments; compared to total assets to assess solvency.

Metric ID: apo_segment_retirement_services_liabilities

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0$232.16B$230.56B$238.17B$233.08B$244.31B$255.91B$255.4B$279.01B$297.06B$307.89B$327.43B$336.95B$353.16B$375.52B$396.37B$406.05B$413.53B
QoQ Change-0.7%+3.3%-2.1%+4.8%+4.7%-0.2%+9.2%+6.5%+3.6%+6.3%+2.9%+4.8%+6.3%+5.6%+2.4%+1.8%
YoY Change+5.2%+11.0%+7.2%+19.7%+21.6%+20.3%+28.2%+20.8%+18.9%+22.0%+21.1%+20.5%+17.1%
Range$0$413.53B
Avg YoY Growth+18.0%
Median YoY Growth+20.3%
Current Streak10 quarters growth

Frequently Asked Questions

What is Apollo Global Management's retirement services — liabilities?
Apollo Global Management (APO) reported retirement services — liabilities of $413.53B in Q1 2026.
How has Apollo Global Management's retirement services — liabilities changed year-over-year?
Apollo Global Management's retirement services — liabilities increased by 17.1% year-over-year, from $353.16B to $413.53B.
What is the long-term trend for Apollo Global Management's retirement services — liabilities?
Over 3 years (2022 to 2025), Apollo Global Management's retirement services — liabilities has grown at a 17.9% compound annual growth rate (CAGR), from $933.97B to $1.53T.
What does retirement services — liabilities mean?
The total amount of money the retirement services segment owes to all creditors and policyholders.