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Apollo Global Management APO Retirement Services — Restricted cash and cash equivalents

Other segment segments

Asset Management
$19M+533%

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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:RestrictedCashAndCashEquivalents.

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 — restricted cash and cash equivalents?
Apollo Global Management (APO) reported retirement services — restricted cash and cash equivalents of $1.16B in Q1 2026.
How has Apollo Global Management's retirement services — restricted cash and cash equivalents changed year-over-year?
Apollo Global Management's retirement services — restricted cash and cash equivalents decreased by 47.6% year-over-year, from $2.21B to $1.16B.
What is the long-term trend for Apollo Global Management's retirement services — restricted cash and cash equivalents?
Over 3 years (2022 to 2025), Apollo Global Management's retirement services — restricted cash and cash equivalents has grown at a 35.3% compound annual growth rate (CAGR), from $3.24B to $8.03B.
What does retirement services — restricted cash and cash equivalents mean?
Cash and cash equivalents held by the retirement services segment that are not available for general use due to legal, regulatory, or contractual restrictions. These funds are typically earmarked for specific collateral requirements, reinsurance trust accounts, or statutory reserves.