Apollo Global Management Cumulative revenues recognized if existing investments become worthless remained flat by 0.0% to $6.00B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $5.50B to $6.00B. Over 3 years (FY 2022 to FY 2025), Cumulative revenues recognized if existing investments become worthless shows an upward trend with a 9.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A lower balance is generally preferred as it indicates higher revenue certainty and lower exposure to investment impairment risk.
This represents the aggregate amount of revenue previously recognized that would be subject to reversal or clawback if s...
Specific to asset managers with performance fee structures; peers in private equity and alternative management report similar contingent revenue risks.
other_contingent_obligations_cumulative_revenues_that_ar_459fdf| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.80B | $4.30B | $4.30B | $4.60B | $4.90B | $4.90B | $5.00B | $5.00B | $5.30B | $5.40B | $5.40B | $5.50B | $5.50B | $5.60B | $6.00B | $6.00B |
| QoQ Change | — | -10.4% | +0.0% | +7.0% | +6.5% | +0.0% | +2.0% | +0.0% | +6.0% | +1.9% | +0.0% | +1.9% | +0.0% | +1.8% | +7.1% | +0.0% |
| YoY Change | — | — | — | — | +2.1% | +14.0% | +16.3% | +8.7% | +8.2% | +10.2% | +8.0% | +10.0% | +3.8% | +3.7% | +11.1% | +9.1% |