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Apollo Global Management APO Deferred acquisition costs, deferred sales inducements and value of business acquired

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

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Segments

By segment

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Retirement Services$9.28B+16.3%

Other financials

Income statement

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Revenue$11.2B+63.7%
Net income$1.4B+116%
EPS (diluted)$2.15+117%

Balance sheet

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Cash & equivalents$28.4B+89.8%
Total debt$13.7B+13.0%
Total equity$21.0B+8.7%
Total assets$494.05B+17.8%

Cash flow

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Operating cash flow$2.9B+128%

Valuation

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Market cap$73.4B-9.7%
Enterprise value$58.71B-25.2%
P/E39.2×+15.0×
P/S-1.2×

Profitability

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Net margin5.2%-8.0pp

Returns & leverage

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Return on equity9.3%-10.2pp
Debt / equity0.7×0.0×

Where this comes from

Reported directly by Apollo Global Management in its filing.

Tagged under the XBRL concept apo:DeferredPolicyAcquisitionCostsDeferredSalesInducementCostsAndPresentValueOfFutureInsuranceProfitsNet.

The source filing: Apollo Global Management’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 7:32 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001858681-26-000040
(In millions)DAC / Traditional Deferred AnnuitiesDAC / Indexed AnnuitiesDAC / Funding AgreementsDAC / Other Investment-type and OtherDSI / Indexed AnnuitiesVOBATotal DAC, DSI and VOBA
Balance at December 31, 2025$1,471$3,135$66$25$2,111$1,826$8,634
Additions36651114483941,333
Amortization(219)(174)(15)(3)(124)(152)(687)
Other(1)(1)
Balance at June 30, 2026$1,617$3,472$65$70$2,381$1,674$9,279

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Apollo Global Management's deferred acquisition costs, deferred sales inducements and value of business acquired?
Apollo Global Management (APO) reported deferred acquisition costs, deferred sales inducements and value of business acquired of $9.28B in Q2 2026.
How has Apollo Global Management's deferred acquisition costs, deferred sales inducements and value of business acquired changed year-over-year?
Apollo Global Management's deferred acquisition costs, deferred sales inducements and value of business acquired increased by 16.3% year-over-year, from $7.98B to $9.28B.
What is the long-term trend for Apollo Global Management's deferred acquisition costs, deferred sales inducements and value of business acquired?
Over 4 years (2021 to 2025), Apollo Global Management's deferred acquisition costs, deferred sales inducements and value of business acquired has grown at a 26.5% compound annual growth rate (CAGR), from $3.37B to $8.63B.
What does deferred acquisition costs, deferred sales inducements and value of business acquired mean?
Deferred acquisition costs, deferred sales inducements and value of business acquired as reported by Apollo Global Management, Inc..

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