Non-Current Liabilities
Policyholders' account balances
Apollo Global Management Policyholders' account balances increased by 4.0% to $321.26B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.8%, from $268.26B to $321.26B. Over 4 years (FY 2021 to FY 2025), Policyholders' account balances shows an upward trend with a 19.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2026May 7, 2026
How to read this metric
Growth in this balance indicates successful asset gathering and business expansion, though it also increases the firm's long-term liability obligations.
Detailed definition
This represents the total liability owed to policyholders for funds deposited in insurance or annuity contracts. It is a...
Peer comparison
Primary liability metric for insurance and retirement services companies; peers report this as a measure of scale in the retirement market.
Metric ID:
non_current_liabilities_policyholder_fundsHistorical Data
18 periods
| 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 | $151.39B | $156.84B | $158.83B | $161.87B | $168.34B | $175.29B | $177.63B | $183.46B | $197.89B | $212.52B | $221B | $237.87B | $247.32B | $268.26B | $286.24B | $302.5B | $308.89B | $321.26B |
| QoQ Change | — | +3.6% | +1.3% | +1.9% | +4.0% | +4.1% | +1.3% | +3.3% | +7.9% | +7.4% | +4.0% | +7.6% | +4.0% | +8.5% | +6.7% | +5.7% | +2.1% | +4.0% |
| YoY Change | — | — | — | — | +11.2% | +11.8% | +11.8% | +13.3% | +17.6% | +21.2% | +24.4% | +29.7% | +25.0% | +26.2% | +29.5% | +27.2% | +24.9% | +19.8% |
Range$151.39B – $321.26B
CAGR+19.4%
Avg YoY Growth+21.0%
Median YoY Growth+22.8%
Current Streak17+ quarters growth
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Traditional Deferred Annuities | $76.24B | $82.35B | $86.66B | $96.7B | — | $106.17B | $109.2B | $114.76B |
| Indexed Annuities | $95.83B | $96.77B | $97.86B | $99.43B | $101.32B | $103.66B | $105.32B | $106.34B |
| Funding Agreements | $41.29B | $50.4B | $54.77B | $63.82B | $75.23B | $83.61B | $85.56B | $90.74B |
| Other investment-type and other | $7.65B | $8.35B | $8.03B | $8.32B | $8.86B | $9.07B | $8.82B | $9.43B |
| Total | $221B | $237.87B | $247.32B | $268.26B | $286.24B | $302.5B | $308.89B | $321.26B |
Policyholders' account balances at Other Companies
Frequently Asked Questions
- What is Apollo Global Management's policyholders' account balances?
- Apollo Global Management (APO) reported policyholders' account balances of $321.26B in Q1 2026.
- How has Apollo Global Management's policyholders' account balances changed year-over-year?
- Apollo Global Management's policyholders' account balances increased by 19.8% year-over-year, from $268.26B to $321.26B.
- What is the long-term trend for Apollo Global Management's policyholders' account balances?
- Over 4 years (2021 to 2025), Apollo Global Management's policyholders' account balances has grown at a 19.5% compound annual growth rate (CAGR), from $151.39B to $308.89B.
- What does policyholders' account balances mean?
- The total amount of money the company owes to its insurance and annuity policyholders.