NYSE$APO
Apollo Global Management Inc · Q4 2025 earnings
Q4 2025 earnings · · Before market open · Investor relations
Briefing
Reported strong quarterly results with record earnings and asset growth.
Apollo delivered strong Q4 2025 performance with solid earnings, robust revenue, and record assets under management driven by inflows and origination activity.
- Generated strong GAAP net income attributable to common stockholders in Q4 2025.
- Achieved record total assets under management supported by continued inflows.
- Delivered robust adjusted earnings driven by fee-related and spread-related earnings.
- Maintained strong balance sheet and capital position entering 2026.
Headline financials
Revenue & EPS history
Apollo · Revenue · Quarterly
$9.86B
Forward guidance
Management highlighted confidence in continued growth driven by origination strength, inflows, and expanding retirement services platform.
Tailwinds
- Planned increase in common stock dividend beginning in 2026.
- Strong origination pipeline across credit and capital solutions.
- Continued inflow momentum across asset management and retirement services.
- Large proportion of perpetual capital supporting durable earnings.
- Strong capital position enabling shareholder returns and growth investments.
Headwinds
- Exposure to market volatility and interest rate fluctuations.
- Potential variability in investment realizations.
- Regulatory and geopolitical uncertainties.
- Competitive pressures in alternative asset management.
- Macroeconomic risks that could impact fundraising and deployment.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2025
+0.1%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.3%
Avg return
30 days after
56%
34 / 61 earnings
Positive
+17.4%
Q3 2024
Best reaction
-17.4%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.5% | -0.6% | -1.8% | |
| Q4 2025 | +0.7% | -6.0% | -20.2% | |
| Q3 2025 | +5.3% | +6.8% | +10.3% | |
| Q2 2025 | -3.3% | -0.9% | -9.8% | |
| Q1 2025 | -2.0% | -6.2% | -5.2% | |
| Q4 2024 | -2.7% | -2.2% | -19.4% | |
| Q3 2024 | +17.4% | +16.2% | +26.0% | |
| Q2 2024 | -17.4% | -17.4% | -7.6% | |
| Q1 2024 | +1.6% | +5.0% | +7.8% | |
| Q4 2023 | +3.8% | +3.7% | +2.7% | |
| Q3 2023 | +8.6% | +7.4% | +19.7% | |
| Q2 2023 | +5.9% | +1.4% | +6.3% | |
| Q1 2023 | +2.9% | +1.1% | +17.7% | |
| Q4 2022 | -4.4% | -3.0% | -18.4% | |
| Q3 2022 | +5.9% | +10.5% | +19.4% | |
| Q2 2022 | +0.5% | +1.2% | -3.9% | |
| Q1 2022 | -1.4% | -6.0% | +7.7% | |
| Q4 2021 | -5.8% | -2.5% | -9.5% | |
| Q3 2021 | +2.1% | +0.8% | -5.9% | |
| Q2 2021 | +0.8% | +1.0% | +1.9% | |
| Q1 2021 | +2.9% | +5.7% | +4.5% | |
| Q4 2020 | +4.2% | +4.2% | +1.4% | |
| Q3 2020 | -5.2% | +1.1% | +12.8% | |
| Q2 2020 | -9.1% | -9.2% | -13.8% | |
| Q1 2020 | -1.3% | +2.9% | +17.6% | |
| Q4 2019 | -7.5% | -8.0% | -18.6% | |
| Q3 2019 | +5.5% | +6.6% | +6.8% | |
| Q2 2019 | -9.7% | -10.3% | +7.6% | |
| Q1 2019 | +1.8% | -2.7% | -10.3% | |
| Q4 2018 | +6.0% | +10.6% | +5.6% | |
| Q3 2018 | +2.2% | +0.4% | -5.8% | |
| Q2 2018 | -0.9% | +2.4% | -1.6% | |
| Q1 2018 | +5.1% | +3.7% | +9.1% | |
| Q4 2017 | +0.4% | -6.0% | -10.3% | |
| Q3 2017 | -3.0% | -1.5% | -2.0% | |
| Q2 2017 | +1.7% | +5.6% | +4.0% | |
| Q1 2017 | -1.3% | -2.9% | +1.3% | |
| Q4 2016 | +2.0% | +5.6% | +4.7% | |
| Q3 2016 | +0.2% | -1.8% | +9.6% | |
| Q2 2016 | +6.8% | +8.5% | +11.4% | |
| Q1 2016 | +1.8% | — | — | |
| Q4 2015 | +3.6% | — | — | |
| Q3 2015 | -0.3% | — | — | |
| Q2 2015 | +1.5% | — | — | |
| Q1 2015 | -2.8% | — | — | |
| Q4 2014 | -3.4% | — | — | |
| Q3 2014 | -2.8% | — | — | |
| Q2 2014 | -4.5% | — | — | |
| Q1 2014 | -2.4% | — | — | |
| Q4 2013 | +2.3% | — | — | |
| Q3 2013 | -6.0% | — | — | |
| Q2 2013 | +0.3% | — | — | |
| Q1 2013 | +2.1% | — | — | |
| Q4 2012 | +4.1% | — | — | |
| Q3 2012 | -2.5% | — | — | |
| Q2 2012 | +0.3% | — | — | |
| Q1 2012 | -1.2% | — | — | |
| Q4 2011 | +1.8% | — | — | |
| Q3 2011 | -4.3% | — | — | |
| Q2 2011 | -3.7% | — | — | |
| Q1 2011 | -1.1% | — | — | |
| Q4 2010 | — | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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