Source: Apollo Global Management's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$2.35B
$5.95B
$10.97B
$32.64B
$26.11B
$32.05B
Interest expense
$133.00M
$138.00M
$222.00M
$268.00M
$474.00M
$618.00M
Pre-tax income
$553.00M
$4.86B
-$4.25B
$5.59B
$7.43B
$6.68B
Income tax
$86.00M
$594.00M
-$739.00M
-$923.00M
$1.06B
$1.28B
Net income
$157.00M
$1.84B
-$1.96B
$5.05B
$4.58B
$3.49B
EPS (basic)
$0.44
$7.32
$-3.43
$8.32
$7.39
$5.58
EPS (diluted)
$0.44
$7.32
$-3.43
$8.28
$7.33
$5.54
Diluted shares
227.53M
236.57M
584.69M
588.85M
604.04M
593.66M
Net margin
6.7%
30.9%
-17.9%
15.5%
17.5%
10.9%
Balance sheet
fiscal years · USD
Fiscal year
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$1.56B
$917.00M
$8.98B
$17.69B
$17.11B
$20.59B
Goodwill
—
$117.00M
$4.32B
$4.33B
$4.33B
$5.92B
Total assets
—
$30.50B
$257.22B
$313.49B
$377.89B
$460.95B
Long-term debt
—
$3.13B
$6.47B
$8.09B
$10.59B
$13.36B
Total debt
—
$3.13B
$6.47B
$8.09B
$10.59B
$13.36B
Total liabilities
—
$18.54B
$241.82B
$288.24B
$346.92B
$418.43B
Shareholders' equity
$5.51B
$3.79B
$6.64B
$14.04B
$17.25B
$23.34B
Cash flow
fiscal years · USD
Fiscal year
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
-$1.62B
$1.06B
$3.79B
$6.32B
$3.25B
$7.25B
Free cash flow
-$1.62B
$1.06B
$3.79B
$6.32B
$3.25B
$7.25B
Investing cash flow
-$838.00M
-$1.55B
-$23.44B
-$42.41B
-$61.80B
-$63.97B
Financing cash flow
$3.30B
$109.00M
$28.71B
$42.64B
$57.97B
$60.20B
Dividends paid
$550.00M
$517.00M
$962.00M
$1.01B
$1.09B
$1.20B
Share buybacks
$92.00M
$299.00M
$635.00M
$561.00M
$890.00M
$773.00M
Stock-based compensation
$213.00M
$1.18B
$540.00M
$1.03B
$721.00M
$789.00M
Depreciation & amortization
$19.00M
$27.00M
$529.00M
$803.00M
$1.07B
$1.43B
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$11.05B
$7.04B
$6.02B
$7.77B
$5.28B
$5.55B
$6.81B
$9.82B
$9.86B
$5.06B
$11.15B
$4.74B
Interest expense
$79.00M
$94.00M
$119.00M
$120.00M
$141.00M
$135.00M
$143.00M
$166.00M
$174.00M
$179.00M
$190.00M
$195.00M
Pre-tax income
$1.96B
$2.19B
$1.44B
$2.09B
$1.72B
$1.18B
$845.00M
$2.90B
$1.75B
$283.00M
$2.48B
-$1.47B
Income tax
-$1.62B
$422.00M
$261.00M
$317.00M
$62.00M
$243.00M
$3.00M
$438.00M
$592.00M
$1.69B
$396.00M
-$344.00M
Net income
$2.76B
$1.43B
$853.00M
$811.00M
$1.49B
$442.00M
$630.00M
$1.74B
$684.00M
-$1.91B
$1.36B
-$1.06B
EPS (basic)
$4.55
$2.31
$1.36
$1.30
$2.43
$0.68
$1.00
$2.82
$1.07
$-3.27
$2.18
$-1.78
EPS (diluted)
$4.53
$2.28
$1.35
$1.29
$2.39
$0.68
$0.99
$2.78
$1.07
$-3.27
$2.15
$-1.78
Diluted shares
7.23M
605.38M
590.17M
588.54M
14.13M
592.98M
590.37M
607.82M
1.44M
594.85M
610.22M
602.63M
Net margin
25.0%
20.3%
14.2%
10.4%
28.1%
8.0%
9.2%
17.7%
6.9%
-37.7%
12.2%
-22.3%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$17.69B
$19.72B
$17.98B
$17.63B
$17.11B
$15.51B
$14.97B
$21.20B
$20.59B
$23.75B
$28.42B
$22.85B
Goodwill
$4.33B
—
—
—
$4.33B
—
—
—
$5.92B
—
—
—
Total assets
$313.49B
$334.05B
$346.50B
$368.69B
$377.89B
$395.05B
$419.55B
$449.54B
$460.95B
$467.53B
$494.05B
$498.33B
Long-term debt
$8.09B
$9.60B
$9.81B
$9.81B
$10.59B
$10.58B
$12.14B
$12.63B
$13.36B
$14.22B
$13.73B
$14.75B
Total debt
$8.09B
$9.60B
$9.81B
$9.81B
$10.59B
$10.58B
$12.14B
$12.63B
$13.36B
$14.22B
$13.73B
$14.75B
Total liabilities
$288.24B
$307.04B
$318.09B
$337.15B
$346.92B
$362.70B
$385.69B
$409.75B
$418.43B
$428.00B
$452.57B
$462.18B
Shareholders' equity
$14.04B
$14.79B
$15.27B
$17.86B
$17.25B
$17.98B
$19.32B
$23.14B
$23.34B
$20.00B
$21.00B
$15.95B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$2.06B
$70.00M
$1.33B
$1.85B
-$4.00M
$1.01B
$1.26B
$303.00M
$4.67B
$1.62B
$2.88B
$136.00M
Free cash flow
$2.06B
$70.00M
$1.33B
$1.85B
-$4.00M
$1.01B
$1.26B
$303.00M
$4.67B
$1.62B
$2.88B
$136.00M
Investing cash flow
-$14.69B
-$16.39B
-$14.70B
-$14.47B
-$16.25B
-$16.89B
-$19.63B
-$13.24B
-$14.22B
-$8.33B
-$15.54B
-$15.75B
Financing cash flow
$15.88B
$18.34B
$11.63B
$12.25B
$15.74B
$14.27B
$17.82B
$19.16B
$8.95B
$9.87B
$17.33B
$10.05B
Dividends paid
$259.00M
$259.00M
$279.00M
$277.00M
$277.00M
$278.00M
$306.00M
$306.00M
$311.00M
$312.00M
$342.00M
$351.00M
Share buybacks
$26.00M
$260.00M
$75.00M
$453.00M
$102.00M
$193.00M
$0
$340.00M
$240.00M
$632.00M
$97.00M
$118.00M
Stock-based compensation
$604.00M
$189.00M
$153.00M
$136.00M
$243.00M
$149.00M
$166.00M
$208.00M
$266.00M
$232.00M
$246.00M
$244.00M
Depreciation & amortization
$217.00M
$238.00M
$260.00M
$281.00M
$296.00M
$308.00M
$332.00M
$400.00M
$391.00M
$397.00M
$414.00M
$538.00M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.