Derivative Liability
Apollo Global Management Derivative Liability increased by 6.8% to $20.64B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 39.4%, from $14.80B to $20.64B. Over 3 years (FY 2022 to FY 2025), Derivative Liability shows an upward trend with a 40.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests higher exposure to unfavorable market movements or an increase in the volume of hedging activities.
Detailed definition
Represents the total fair value of derivative financial instruments that are in a net liability position at the balance...
Peer comparison
Varies significantly based on hedging strategy and market volatility; peers with larger trading operations typically report higher balances.
other_derivative_liabilitiesHistorical Data
| 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 | $7.34B | $6.67B | $7.14B | $7.41B | $8.20B | $9.92B | $9.15B | $10.99B | $13.30B | $14.43B | $14.83B | $14.80B | $14.14B | $17.23B | $19.32B | $20.64B |
| QoQ Change | — | -9.0% | +7.0% | +3.8% | +10.6% | +21.0% | -7.8% | +20.1% | +21.0% | +8.5% | +2.8% | -0.2% | -4.5% | +21.9% | +12.2% | +6.8% |
| YoY Change | — | — | — | — | +11.8% | +48.7% | +28.2% | +48.3% | +62.3% | +45.4% | +62.2% | +34.7% | +6.3% | +19.4% | +30.3% | +39.4% |
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Retirement Services | $2.43B | $3.21B | $2.76B | $3.56B | $3.37B | $4.89B | $4.85B | $5.74B |
| Asset Management | — | $5.00M | $33.00M | — | $24.00M | $25.00M | $1.00M | — |
| Total | $13.30B | $14.43B | $14.83B | $14.80B | $14.14B | $17.23B | $19.32B | $20.64B |
Derivative Liability at Other Companies
Frequently Asked Questions
- What is Apollo Global Management's derivative liability?
- Apollo Global Management (APO) reported derivative liability of $20.64B in Q4 2025.
- How has Apollo Global Management's derivative liability changed year-over-year?
- Apollo Global Management's derivative liability increased by 39.4% year-over-year, from $14.80B to $20.64B.
- What is the long-term trend for Apollo Global Management's derivative liability?
- Over 3 years (2022 to 2025), Apollo Global Management's derivative liability has grown at a 40.7% compound annual growth rate (CAGR), from $7.41B to $20.64B.
- What does derivative liability mean?
- The total amount the company would owe if it closed out all its current derivative contracts that have a negative value.