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Business Segments · Short-Term Investments

Retirement Services — Short-Term Investments

Apollo Global Management Retirement Services — Short-Term Investments decreased by 87.4% to $132M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 83.2%, from $784M to $132M. Over 3 years (FY 2022 to FY 2025), Retirement Services — Short-Term Investments shows relatively stable performance with a -2.2% CAGR.

Analysis

StatementSegment
CategoryLiquidity
SignalTarget range
VolatilityStable
First reportedQ4 2021
Last reportedQ1 2026May 7, 2026

How to read this metric

Excessive levels may indicate uninvested cash drag, while very low levels could signal liquidity constraints during periods of high policyholder outflows.

Detailed definition

Highly liquid, short-duration financial instruments held to manage daily liquidity needs and provide a buffer for operat...

Peer comparison

Standard line item across financial services labeled 'Short-term Investments' or 'Cash Equivalents'.

Metric ID: apo_segment_retirement_services_short_term_investments

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$149M$238M$292M$1.64B$1.04B$891M$949M$947M$556M$756M$812M$743M$784M$171M$165M$1.05B$132M
QoQ Change+59.7%+22.7%+461.6%-36.4%-14.6%+6.5%-0.2%-41.3%+36.0%+7.4%-8.5%+5.5%-78.2%-3.5%+535.8%-87.4%
YoY Change+600.0%+274.4%+225.0%-42.3%-46.7%-15.2%-14.4%-21.5%+41.0%-77.4%-79.7%+41.2%-83.2%
Range$0$1.64B
Avg YoY Growth+61.6%
Median YoY Growth-15.2%

Frequently Asked Questions

What is Apollo Global Management's retirement services — short-term investments?
Apollo Global Management (APO) reported retirement services — short-term investments of $132M in Q1 2026.
How has Apollo Global Management's retirement services — short-term investments changed year-over-year?
Apollo Global Management's retirement services — short-term investments decreased by 83.2% year-over-year, from $784M to $132M.
What is the long-term trend for Apollo Global Management's retirement services — short-term investments?
Over 3 years (2022 to 2025), Apollo Global Management's retirement services — short-term investments has grown at a -2.2% compound annual growth rate (CAGR), from $2.32B to $2.17B.
What does retirement services — short-term investments mean?
The value of cash-equivalent investments with short maturity periods.