Deferred acquisition costs, deferred sales inducements and value of business acquired
Apollo Global Management Deferred acquisition costs, deferred sales inducements and value of business acquired increased by 2.1% to $8.81B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.9%, from $7.61B to $8.81B. Over 4 years (FY 2021 to FY 2025), Deferred acquisition costs, deferred sales inducements and value of business acquired shows an upward trend with a 26.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher values indicate significant new business growth, while a rapid decline may signal lower sales volume or accelerated amortization due to policy lapses.
Detailed definition
This metric aggregates costs directly related to the acquisition of new insurance business, such as commissions and unde...
Peer comparison
Standard metric for life insurance and annuity providers; peers vary based on their specific product mix and sales distribution channels.
other_deferred_policy_acquisition_costs_deferred_sales_i_0a7eb3Historical Data
| 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 | $3.37B | $3.57B | $3.76B | $4.07B | $4.47B | $4.84B | $5.17B | $5.45B | $5.98B | $6.41B | $6.7B | $6.97B | $7.17B | $7.61B | $7.98B | $8.37B | $8.63B | $8.81B |
| QoQ Change | — | +5.7% | +5.5% | +8.2% | +9.7% | +8.3% | +6.8% | +5.5% | +9.7% | +7.2% | +4.5% | +4.1% | +2.9% | +6.0% | +4.9% | +4.9% | +3.2% | +2.1% |
| YoY Change | — | — | — | — | +32.4% | +35.7% | +37.4% | +33.9% | +33.9% | +32.5% | +29.7% | +28.0% | +20.0% | +18.7% | +19.1% | +20.1% | +20.4% | +15.9% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Retirement Services | $6.7B | $6.97B | $7.17B | $7.61B | $7.98B | $8.37B | $8.63B | $8.81B |
| Total | $6.7B | $6.97B | $7.17B | $7.61B | $7.98B | $8.37B | $8.63B | $8.81B |
Deferred acquisition costs, deferred sales inducements and value of business acquired at Other Companies
Frequently Asked Questions
- 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 $8.81B in Q1 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 15.9% year-over-year, from $7.61B to $8.81B.
- 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?
- Capitalized costs incurred to acquire new insurance policies, spread out over the life of the contract.