The Inventing Press

Apollo Global Management, Inc.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$32.0B$26.1B$32.6B$11.0B$6.0B
Operating expenses$25.3B$19.0B$27.3B$15.9B$4.1B
Pretax income$6.7B$7.4B$5.6B-$4.2B$4.9B
Income tax expense$1.3B$1.1B-$923.0M-$739.0M$594.0M
Net income$3.5B$4.6B$5.0B-$2.0B$1.8B
Balance Sheet
Cash and equivalents$9.0B$917.0M
Total assets$460.9B$377.9B$313.5B$257.2B$30.5B
Total liabilities$418.4B$346.9B$288.2B$241.8B$18.5B
Stockholders' equity$23.3B$17.3B$14.0B$6.6B$3.8B
Cash Flow Statement
Cash from operations$7.2B$3.3B$6.3B$3.8B$1.1B
Depreciation and amortization$1.4B$1.1B$803.0M$529.0M$27.0M
Stock-based compensation$789.0M$721.0M$1.0B$540.0M$1.2B
Dividends paid$1.2B$1.1B$1.0B$962.0M$517.0M
Share repurchases$773.0M$890.0M$561.0M$635.0M$299.0M

Shares outstanding 576.5M · Free float 59.6%

Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.