Business Segments · Policy and other operating expenses
Retirement Services — Policy and other operating expenses
Apollo Global Management Retirement Services — Policy and other operating expenses increased by 2.1% to $626M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.5%, from $542M to $626M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2026May 7, 2026
Rolls up toOther operating expenses
How to read this metric
Lower expenses relative to total revenue indicate higher operational efficiency and better profit margins.
Detailed definition
Covers the day-to-day administrative and operational costs required to manage the retirement services business, excludin...
Peer comparison
Standard operating expense metric for any financial services business segment.
Metric ID:
apo_segment_retirement_services_policy_and_other_operating_expensesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0 | $0 | $0 | $309M | $109M | $117M | $127M | $124M | $117M | $121M | $1.48B | $114M | $116M | $670M | $535M | $542M | $107M | $573M | $613M | $626M |
| QoQ Change | — | — | — | — | -64.7% | +7.3% | +8.5% | -2.4% | -5.6% | +3.4% | >999% | -92.3% | +1.8% | +477.6% | -20.1% | +1.3% | -80.3% | +435.5% | +7.0% | +2.1% |
| YoY Change | — | — | — | — | — | — | — | -59.9% | +7.3% | +3.4% | >999% | -8.1% | -0.9% | +453.7% | -63.7% | +375.4% | -7.8% | -14.5% | +14.6% | +15.5% |
Range$0 – $1.48B
Avg YoY Growth+136.7%
Median YoY Growth+3.4%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Apollo Global Management's retirement services — policy and other operating expenses?
- Apollo Global Management (APO) reported retirement services — policy and other operating expenses of $626M in Q1 2026.
- How has Apollo Global Management's retirement services — policy and other operating expenses changed year-over-year?
- Apollo Global Management's retirement services — policy and other operating expenses increased by 15.5% year-over-year, from $542M to $626M.
- What does retirement services — policy and other operating expenses mean?
- The general administrative and operational costs of running the retirement services segment.