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Performance allocations

Apollo Global Management Performance allocations decreased by 13.5% to $3.07B in Q1 2026 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Performance allocations shows an upward trend with a 9.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ4 2023
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase indicates strong investment performance and higher potential for incentive fee revenue, while a decrease suggests lower realized gains or missed performance targets.

Detailed definition

Performance allocations represent the share of investment profits earned by the firm as a general partner or manager. Th...

Peer comparison

Commonly reported by private equity and hedge fund managers as carried interest or performance fees.

Metric ID: other_performance_allocations

Historical Data

5 periods
 Q4 '23Q4 '24Q3 '25Q4 '25Q1 '26
Value$2.94B$3.27B$3.6B$3.55B$3.07B
QoQ Change+11.3%+9.8%-1.1%-13.5%
YoY Change+11.3%+8.6%
Range$2.94B$3.6B
CAGR+4.5%
Avg YoY Growth+9.9%
Median YoY Growth+9.9%
Current Streak2 quarters decline

Business Segments

View all
SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asset Management$3.01B$3.11B$3.01B$3.11B$3.07B$3.25B$3.24B$2.79B
Total$3.6B$3.55B$3.07B

Frequently Asked Questions

What is Apollo Global Management's performance allocations?
Apollo Global Management (APO) reported performance allocations of $3.07B in Q1 2026.
What is the long-term trend for Apollo Global Management's performance allocations?
Over 2 years (2023 to 2025), Apollo Global Management's performance allocations has grown at a 9.9% compound annual growth rate (CAGR), from $2.94B to $3.55B.
What does performance allocations mean?
The portion of investment gains earned by the firm as a performance-based fee.