Apollo Global Management (APO): financials, SEC filings and peers

Apollo Global Management (APO) is an asset management & custody banks company in the Financials sector of the S&P 500, headquartered in New York City, New York.

It was founded in 1990 and joined the S&P 500 on December 23, 2024.

Its fiscal year ends in December, and its shares trade on the NYSE.

In its SEC filings it is classified as “Investment Advice”.

Apollo Global Management at a glance

Revenue (12 months): $35.9B
Revenue growth: +41.2%
Operating margin: 22.6%
Net income (12 months): $1.9B
Free cash flow (12 months): —
Cash: $28.4B
Debt: $13.7B
Diluted EPS (12 months): $2.73

Twelve months to June 30, 2026, from the 10-Q filed August 10, 2026.

Latest twelve months

Over the twelve months to June 30, 2026, Apollo Global Management reported revenue of $35.9 billion, up a strong 41.2% from $25.4 billion a year earlier.

Its operating margin was 22.6%, down 2.4 percentage points from a year earlier: for every $100 of sales, about $23 was left as operating profit.

Net income was $1.9 billion (5.2% of revenue), 44.3% lower than a year earlier.

Profit fell while sales grew, which usually points to higher costs, heavier investment or one-time items. The filings explain which.

At the end of the period it held $28.4 billion in cash and $13.7 billion in debt, a net cash position of $14.7 billion.

The diluted share count rose 3.4% in a year, which dilutes existing shareholders.

Five-year trend

Revenue went from $2.4 billion in fiscal 2020 to $32.0 billion in fiscal 2025, about 68.6% a year.
Apollo Global Management reported a net loss in 1 of the last 6 fiscal years.

Fiscal year	2021	2022	2023	2024	2025
Revenue	$6.0B	$11.0B	$32.6B	$26.1B	$32.0B
Revenue growth	152.8%	84.3%	197.6%	-20.0%	22.7%
Operating margin	—	—	—	—	—
Net income	$1.8B	−$2.0B	$5.0B	$4.6B	$3.5B
Free cash flow	—	—	—	—	—
Diluted EPS	$7.32	$-3.43	$8.28	$7.33	$5.54

Fiscal years as reported in Apollo Global Management’s 10-K filings. Free cash flow is operating cash flow minus capital spending.

Recent SEC filings

8-K filed September 21, 2026 — Regulation FD disclosure
8-K filed August 24, 2026 — Regulation FD disclosure
8-K filed August 13, 2026 — Regulation FD disclosure
8-K/A filed August 12, 2026 — Shareholder vote results
8-K filed August 11, 2026 — Regulation FD disclosure
10-Q filed August 10, 2026 — quarterly report
8-K filed August 4, 2026 — Earnings results
8-K filed July 1, 2026 — Earnings results; Regulation FD disclosure

All Apollo Global Management filings on SEC EDGAR

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Questions about Apollo Global Management

Is Apollo Global Management's revenue growing?

Yes. Revenue for the twelve months to June 30, 2026 was $35.9 billion, up 41.2% from a year earlier, according to its SEC filings.

Is Apollo Global Management profitable?

Yes. It earned $1.9 billion in net income over the twelve months to June 30, 2026, a net margin of 5.2%.

Does Apollo Global Management have more cash or more debt?

At June 30, 2026 it had $28.4 billion in cash and $13.7 billion in debt, so more cash than debt.

When did Apollo Global Management last file financial results?

Its latest quarterly report (10-Q) was filed with the SEC on August 10, 2026.

Which companies are similar to Apollo Global Management?

In the S&P 500, Apollo Global Management is grouped in Asset Management & Custody Banks within the Financials sector. Ameriprise Financial (AMP), Ares Management (ARES), Franklin Resources (BEN), BlackRock (BLK), BNY Mellon (BNY) are in the same group.

Understand the numbers

Source: Apollo Global Management’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.