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Apollo Global Management·Balance Sheet Statement·63 metrics

Breakdown

MetricQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Policy liabilities$245.4B$253.6B$273.4B$309.7B$315.9B$326.5B
Cumulative Cost Basis$182.3B$192B$199.9B$210.1B$221.2B$227.7B$228.2B$231.4B
Total$182.3B$192B$199.9B$210.1B$221.2B$227.7B$228.2B$231.4B
Available for sale investments$166.4B$182.2B$184.2B$196.5B$210.3B$218.7B$218.6B$219.5B
PNC Risk of Loss$106.6B$117.4B$124.5B$128.7B$135.8B$146.3B$151.1B$149.1B
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure$90.8B$103.9B$109.6B$115.5B$124.4B$130.7B$135B$138.8B
Debt Securities, Available-for-Sale, Unrealized Loss Position$100.1B$84B$104.5B$101.5B$96B$86.2B$101.9B$129.4B
Common stock, shares authorized (in shares)90B90B90B90B90B90B90B90B
Less than 12 months$29.5B$18.3B$41.8B$41.6B$37.3B$30.3B$45.9B$77.7B
12 months or more$70.6B$65.7B$62.8B$59.9B$58.7B$55.9B$56B$51.7B
Total investment funds, including related parties and consolidated VIEs$19.3B$18.7B$19.6B$20.2B$21.3B$22.6B$26.1B$29B
Noncontrolling interests in subsidiaries$13.1B$13.7B$13.7B$14.4B$14.5B$16.7B$19.2B$19.6B
Gross Assets/Liabilities$14.4B$14.8B$14.8B$14.1B$17.2B$19.3B$20.6B$19.4B
Derivative Liability$14.4B$14.8B$14.8B$14.1B$17.2B$19.3B$20.6B$19.4B
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$16.3B$12B$16.3B$14.4B$13.6B$12.2B$12.3B$13.9B
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss$15.7B$11.6B$15.3B$13.8B$13.2B$11.8B$11.9B$13.6B
Debt Instrument, Fair Value Disclosure$9.3B$9.7B$10.2B$10.2B$11.8B$12.5B$13.1B$13.5B
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss$14.6B$11B$14B$12.8B$12.3B$11.3B$11.3B$11.8B
Deferred acquisition costs, deferred sales inducements and value of business acquired$6.7B$7B$7.2B$7.6B$8B$8.4B$8.6B$8.8B
Derivative, gross, assets$7.5B$7.5B$8.2B$6.2B$6.9B$8.9B$9.2B$8.4B
Derivatives, gross, liabilities$3.2B$2.8B$3.6B$3.4B$4.9B$4.9B$5.7B$5.8B
Cumulative revenues recognized if existing investments become worthless$5.4B$5.4B$5.5B$5.5B$5.6B$6B$6B$5.6B
Derivative Asset, Net$3.5B$4.4B$4.5B$2.8B$3.7B$6B$6.4B$5.4B
Margin cash collateral received from counterparties that was not offset against derivative assets$6B$5.3B$5.9B$4.2B$3.7B$6.2B$5.9B$5.3B
Market Risk Benefit, after Increase (Decrease) from Instrument-Specific Credit Risk$3.4B$4.1B$3.7B$4.1B$4.2B$4.6B$4.7B$4.8B
Market Risk Benefit, before Reinsurance and Cumulative Increase (Decrease) from Instrument-Specific Credit Risk Change$4B$3.6B$4B$4.3B$4.5B$4.8B
Market Risk Benefit, after Reinsurance and Cumulative Increase (Decrease) from Instrument-Specific Credit Risk Change$3.3B$4B$3.7B$4B$4.5B$4.6B$4.7B
Share Repurchase Program, Authorized, Amount$4B
Payables for repurchase agreements$3.9B$2.7B$5.7B$3.1B$3.5B$2.8B$6B$3.2B
Performance allocations$3.3B$3.6B$3.6B$3.1B
Securities Collateral Held /Pledged Under Master Netting Agreements$1.9B$1.7B$2.2B$1.8B$2.5B$2.4B$2.6B$2.7B
Securities Collateral Held /Pledged Under Master Netting Agreements$1.9B$1.7B$2.2B$1.8B$2.5B$2.4B$2.6B$2.7B
Gross Unrealized Gains$1.1B$2.9B$1.3B$1.5B$3.4B$3.9B$3.5B$2.7B
Margin cash collateral provided to counterparties that was not offset against derivative assets or liabilities$1.8B$1.1B$1.3B$1.4B$2B$2B$2.5B$2.6B
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss$1.1B$599M$1.3B$965M$939M$549M$665M$1.8B
Profit Sharing Payable$1.8B$1.9B$1.9B$1.9B$1.9B$2.1B$2B$1.7B
Deferred tax assets, tax credit carryforwards, foreign$66M$1.7B$1.7B
Debt Securities, Available-for-Sale, Allowance for Credit Loss$671M$678M$709M$709M$761M$783M$758M$744M
Off-balance sheet securities collateral$2M$1M$2M$243M$209M$269M$561M$591M
Common stock, shares issued (in shares)569.5M565.8M565.7M570.4M572M580.4M579M576.5M
Common Stock, Shares, Outstanding569.5M565.8M565.7M570.4M572M580.4M579M576.5M
Derivative Liability, Including Not Subject To Master Netting Arrangement, After Offset And Deduction, Net Amount-$420M-$72M$14M$182M$352M$400M$649M$543M
Derivative Asset, Including Not Subject To Master Netting Arrangement, After Offset And Deduction, Net Amount-$385M$518M$23M$189M$720M$292M$680M$343M
Net amount after securities collateral-$385M$518M$23M$25M$184M$217M-$209M$217M
Asset$371M$313M$313M$285M$277M$223M$214M$183M
Off-balance sheet securities collateral$0$0$0-$164M-$536M-$75M-$889M-$126M
Market Risk Benefit, Reinsurance Recoverable, after Allowance$18M$40M$37M$47M$69M$73M$78M
Net amount after securities collateral$422M$73M-$12M$61M-$143M-$131M-$88M$48M
Effect of changes in instrument-specific credit risk-$95M-$157M-$41M-$289M-$260M-$44M
Preferred Stock, Shares Issued28.7M28.7M28.7M28.7M28.7M28.7M28.7M28.7M
Preferred Stock, Shares Outstanding28.7M28.7M28.7M28.7M28.7M28.7M28.7M28.7M
Amount that if recognized, would affect the effective tax rate or regulatory liability$23M$10M$11M$4M$4M$10M$10M$3M
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions8317.007058.007745.007495.006857.006278.006492.007170.00
Number of Securities, Greater than 12 months6930.006167.006087.005728.005525.005383.005112.004965.00
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1$173.51$82.73$82.73$82.73$82.56$82.56
Number of investing strategies300.0%200.0%200.0%200.0%200.0%200.0%200.0%200.0%
Percentage of Total100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Common stock, par value (in dollars per share)$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Balance in trust account$26.1B$33.2B
Warrants exercisable (in shares)2.9M2.6M
Deferred Tax Assets, Valuation Allowance$75M$251M
Interest accrued$4M$2M
Valuation Allowances And Reserves Balance$75M$251M

Metrics

Cumulative Cost Basis

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Gross Assets/Liabilities

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Effect of changes in instrument-specific credit risk

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Balance in trust account

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Payables for repurchase agreements

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Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax

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Gross Unrealized Gains

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Available for sale investments

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Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1

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Warrants exercisable (in shares)

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Common stock, par value (in dollars per share)

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Common stock, shares authorized (in shares)

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Common stock, shares issued (in shares)

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Common Stock, Shares, Outstanding

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Cumulative revenues recognized if existing investments become worthless

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Debt Instrument, Fair Value Disclosure

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Debt Securities, Available-for-Sale, Allowance for Credit Loss

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Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss

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Less than 12 months

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12 months or more

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Number of Securities, Greater than 12 months

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Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss

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Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss

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Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions

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Debt Securities, Available-for-Sale, Unrealized Loss Position

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Deferred acquisition costs, deferred sales inducements and value of business acquired

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Deferred tax assets, tax credit carryforwards, foreign

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Deferred Tax Assets, Valuation Allowance

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Net amount after securities collateral

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Off-balance sheet securities collateral

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Derivative Asset, Including Not Subject To Master Netting Arrangement, After Offset And Deduction, Net Amount

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Derivative Asset, Net

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Margin cash collateral received from counterparties that was not offset against derivative assets

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Securities Collateral Held /Pledged Under Master Netting Agreements

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Margin cash collateral provided to counterparties that was not offset against derivative assets or liabilities

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Securities Collateral Held /Pledged Under Master Netting Agreements

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Derivative, gross, assets

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Derivatives, gross, liabilities

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Derivative Liability

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Net amount after securities collateral

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Off-balance sheet securities collateral

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Derivative Liability, Including Not Subject To Master Netting Arrangement, After Offset And Deduction, Net Amount

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Total investment funds, including related parties and consolidated VIEs

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Percentage of Total

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Market Risk Benefit, after Increase (Decrease) from Instrument-Specific Credit Risk

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Market Risk Benefit, after Reinsurance and Cumulative Increase (Decrease) from Instrument-Specific Credit Risk Change

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Market Risk Benefit, before Reinsurance and Cumulative Increase (Decrease) from Instrument-Specific Credit Risk Change

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Market Risk Benefit, Reinsurance Recoverable, after Allowance

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Noncontrolling interests in subsidiaries

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Number of investing strategies

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Performance allocations

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Policy liabilities

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Preferred Stock, Shares Issued

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Preferred Stock, Shares Outstanding

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Profit Sharing Payable

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Share Repurchase Program, Authorized, Amount

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Interest accrued

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Amount that if recognized, would affect the effective tax rate or regulatory liability

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Valuation Allowances And Reserves Balance

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Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure

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PNC Risk of Loss

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