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Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Total Revenues by Business
Asset Management$1.63B+47.0%$1.26B+20.7%$1.36B+16.7%$1.49B+60.6%$1.11B+5.0%
Principal Investing$157M-32.3%$403M+84.9%$624M+76.8%$219M-37.1%$232M+24.7%
Retirement Services$9.53B+66.9%$4.05B-10.1%$8.5B+107%$8.34B+21.7%$5.71B+15.0%
Revenue by Product
Advisory and transaction fees, net$418M+50.9%$306M+56.9%$352M+71.7%$378M+109%$277M+3.7%
Incentive fees$59M+1.7%$64M+60.0%$96M+129%$51M+45.7%$58M+23.4%
Management fees$749M+28.5%$696M+37.0%$681M+30.2%$606M+27.3%$583M+26.2%

FAQ

How does Apollo Global Management break its business down?
Apollo Global Management (APO) reports total revenues by business across 3 parts — Asset Management, Principal Investing and Retirement Services. Each is extracted from the segment footnotes and tracked over time.
Where does Apollo Global Management's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Apollo Global Management's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.