AI brief of an SEC Form 8-K · Apollo Global Management (APO)

Apollo Q4 profit falls to $660 million as adjusted earnings rise to $1.5 billion

Mixed Impact 3 of 5 earnings Written later

Apollo reported fourth-quarter 2025 GAAP net income attributable to common stockholders of $660 million, or $1.07 per share, down from $1,462 million in the prior-year quarter. Its primary non-GAAP measure, Adjusted Net Income, rose to $1.54 billion, or $2.47 per share, from $1.36 billion, and the company said it intends to raise its annual common dividend 10% starting in the first quarter of 2026.

Key points

  • GAAP net income attributable to common stockholders was $660 million ($1.07 per share) in Q4 2025, versus $1,462 million in Q4 2024; full-year 2025 was $3,395 million ($5.58 per share).
  • Adjusted Net Income was $1,540 million ($2.47 per share) in Q4 2025, up from $1,360 million ($2.22 per share) a year earlier.
  • Fee Related Earnings reached a record $690 million in Q4 2025, and total revenues were $9,864 million versus $5,283 million in Q4 2024.
  • Apollo intends to increase the annual common dividend 10%, from $2.04 to $2.25 per share, starting with the first quarter 2026 dividend; a $0.51 quarterly dividend is payable February 27, 2026.

The filing

CompanyApollo Global Management (APO)
Form8-K, current report
Filed with the SECFeb 9, 2026, 6:31 AM ET
Accession number0001858681-26-000007

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 09, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.