Apollo Global Management, Inc.APO
What Apollo Global Management, Inc. does.
Founded in 1990, Apollo is a high-growth, global alternative asset manager and a retirement services provider. Apollo conducts its business primarily in the U.S. through the following three reportable segments: Asset Management, Retirement Services and Principal Investing. These business segments are differentiated based on the investment services they provide as well as varying investing strategies.
Our Asset Management segment focuses on credit and equity investing strategies. These strategies reflect the range of investment capabilities across our platform based on relative risk and return. As an asset manager, we earn fees for providing investment management services and expertise to our client base. The amount of fees charged for managing these assets depends on the underlying investment strategy, liquidity profile, and, ultimately, our ability to generate returns for our clients. We also earn capital solutions fees as part of our growing capital solutions business and as part of monitoring and deployment activity alongside our sizable private equity franchise. After expenses, we call the resulting earning stream “Fee Related Earnings” or “FRE”, which represents the primary performance measure for the Asset Management segment. As of December 31, 2025, we had total AUM of $938.4 billion.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $2.4B | $6.0B | $11.0B | $32.6B | $26.1B | $32.0B |
| Net income | $157.0M | $1.8B | -$2.0B | $5.0B | $4.6B | $3.5B |
More on APO.
- Apollo Global Management, Inc. summary
- Apollo Global Management, Inc. financial statements
- Apollo Global Management, Inc. key metrics
- Apollo Global Management, Inc. health scores and style box
- Apollo Global Management, Inc. earnings
- Apollo Global Management, Inc. dividends
- Apollo Global Management, Inc. valuation
- Apollo Global Management, Inc. ownership and insiders
- Apollo Global Management, Inc. peers
Figures from Apollo Global Management, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.