Apollo Global Management, Inc. (APO) — Financial statements
Income statement, balance sheet, and cash flow for Apollo Global Management, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 30,299↑16.0% | 26,114↓20.0% | 32,644↑197.6% | 10,968↑84.3% | 5,951 | |
| Cost of Revenue | 3,494↑206.5% | 1,140↑11.0% | 1,027↑10.8% | 927↑19.2% | 778 | |
| Gross Profit | 26,805↑7.3% | 24,974↓21.0% | 31,617↑214.9% | 10,041↑94.1% | 5,173 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 3,547↑34.5% | 2,638↑2.8% | 2,567↑51.2% | 1,698↓46.9% | 3,197 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 3,547↑34.5% | 2,638↑2.8% | 2,567↑51.2% | 1,698↓46.9% | 3,197 | |
| Other Expenses | 12,837↓8.5% | 14,037↓38.7% | 22,904↑80.1% | 12,718 | 0.00 | |
| Operating Expenses | 16,384↓1.7% | 16,675↓34.5% | 25,471↑76.7% | 14,416↑350.9% | 3,197 | |
| Total Costs & Expenses | 19,878↑11.6% | 17,815↓32.8% | 26,498↑72.7% | 15,343↑286.0% | 3,975 | |
| Operating Results | ||||||
| Operating Income | 10,421↑25.6% | 8,299↑35.0% | 6,146↑240.5% | -4,375↓321.4% | 1,976 | |
| Depreciation & Amortization | 1,040↓3.3% | 1,075↑33.9% | 803↑51.8% | 529↑1859.3% | 27 | |
| EBITDA | 10,487↑18.5% | 8,849↑33.1% | 6,647↑290.1% | -3,496↓160.3% | 5,795 | |
| EBIT | 9,447↑21.5% | 7,774↑33.0% | 5,844↑245.2% | -4,025↓169.8% | 5,768 | |
| Interest & Other Income | ||||||
| Net Interest Income | -243↓350.0% | -54↑34.1% | -82↓135.7% | 230↑242.9% | -161 | |
| Interest Income | 83↓51.7% | 172↓2.3% | 176↓50.3% | 354↓52.5% | 746 | |
| Interest Expense | 326↑44.2% | 226↓12.4% | 258↑108.1% | 124↓86.3% | 907 | |
| Non-Operating Income | 974↑85.5% | 525↑73.8% | 302↑186.3% | -350↑90.8% | -3,792 | |
| Other Income / Expenses | -2,685↓210.8% | -864↓54.3% | -560↓534.1% | 129↓95.5% | 2,885 | |
| Income Before Tax | 7,736↑4.0% | 7,435↑33.1% | 5,586↑231.6% | -4,246↓187.3% | 4,861 | |
| Income Tax Expense | 801↓24.6% | 1,062↑215.1% | -923↓24.9% | -739↓224.4% | 594 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 6,935↑8.8% | 6,373↓2.1% | 6,509↑285.6% | -3,507↓182.2% | 4,267 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 4,481↑1.2% | 4,426↓9.3% | 4,881↑348.9% | -1,961↓206.6% | 1,839 | |
| Bottom-Line Net Income | 4,457↑0.7% | 4,426↓9.3% | 4,881↑267.0% | -2,923↓337.8% | 1,229 | |
| EPS (Basic) | 7.31↓1.1% | 7.39↓11.2% | 8.32↑342.6% | -3.43↓146.9% | 7.32 | |
| EPS (Diluted) | 7.26↓1.0% | 7.33↓11.5% | 8.28↑341.4% | -3.43↓146.9% | 7.32 | |
| Weighted Average Shares | 608↑3.7% | 586↑0.8% | 581↓0.6% | 585↑147.2% | 237 | |
| Weighted Average Diluted Shares | 608↑0.6% | 604↑2.6% | 589↑0.7% | 585↑147.2% | 237 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.