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Apollo Global Management APO Policy Acquisition Costs Deferred

Policy Acquisition Costs Deferred at other companies

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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$74.73B-10.4%
Enterprise value$65.2B-19.1%
P/E65.3×+40.6×
P/S2.4×-0.9×

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 apo:PolicyAcquisitionCostsDeferred.

The source filing: Apollo Global Management’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 5:25 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001858681-26-000026

FAQ

What is Apollo Global Management's policy acquisition costs deferred?
Apollo Global Management (APO) reported policy acquisition costs deferred of -$364M in Q1 2026.
How has Apollo Global Management's policy acquisition costs deferred changed year-over-year?
Apollo Global Management's policy acquisition costs deferred increased by 29.3% year-over-year, from -$515M to -$364M.
What does policy acquisition costs deferred mean?
Policy acquisition costs are the direct costs incurred to acquire new insurance or retirement contracts, such as commissions and underwriting expenses. These costs are deferred and amortized over the life of the policy rather than expensed immediately. This metric tracks the cash impact of growth in the retirement services segment.

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