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Apollo Global Management APO Retirement Services — Net Transfers In (Out)

Other segment segments

Asset Management
-$485M+20.1%

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-$123M-13.9%

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:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet.

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 — net transfers in (out)?
Apollo Global Management (APO) reported retirement services — net transfers in (out) of -$819M in Q1 2026.
How has Apollo Global Management's retirement services — net transfers in (out) changed year-over-year?
Apollo Global Management's retirement services — net transfers in (out) increased by 80.4% year-over-year, from -$4.18B to -$819M.
What is the long-term trend for Apollo Global Management's retirement services — net transfers in (out)?
Over 3 years (2022 to 2025), Apollo Global Management's retirement services — net transfers in (out) has grown at a 52.3% compound annual growth rate (CAGR), from -$2.03B to -$7.18B.
What does retirement services — net transfers in (out) mean?
This metric tracks the net movement of assets between different valuation categories or reporting segments, specifically focusing on transfers in or out of the retirement services portfolio. It reflects structural changes in asset classification or internal reallocations of capital. This helps investors understand shifts in the composition of the investment base.