For the quarter ending 2026-03-31, APO-PA has $467,530M in assets. $427,997M in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents-Asset Management Segment-Consolidated Entity Excluding Variable Interest Entities VIE | 3,569 | 3,350 | 2,768 | 2,382 |
| Restricted cash and cash equivalents-Asset Management Segment | 19 | 19 | 19 | 3 |
| Investments-Asset Management Segment-Consolidated Entity Excluding Variable Interest Entities VIE-Nonrelated Party | 6,294 | 6,226 | 6,288 | 5,885 |
| Cash and cash equivalents-Asset Management Segment-Variable Interest Entity Primary Beneficiary | 851 | 327 | 448 | 346 |
| Investments-Asset Management Segment-Nonrelated Party-Variable Interest Entity Primary Beneficiary | 3,301 | 3,509 | 4,646 | 2,258 |
| Due from related parties-Asset Management Segment-Variable Interest Entity Primary Beneficiary | 23 | 16 | 21 | - |
| Other assets-Asset Management Segment-Variable Interest Entity Primary Beneficiary | 148 | 230 | 114 | 95 |
| Due from related parties-Asset Management Segment | - | - | - | 763 |
| Due from related parties-Asset Management Segment-Consolidated Entity Excluding Variable Interest Entities VIE | 838 | 647 | 871 | - |
| Goodwill-Asset Management Segment | 1,833 | 1,848 | 1,828 | 264 |
| Other assets-Asset Management Segment-Consolidated Entity Excluding Variable Interest Entities VIE | 3,588 | 3,376 | 3,466 | 3,064 |
| Cash and cash equivalents-Consolidated Entity Excluding Variable Interest Entities VIE-Retirement Services Segment | 17,852 | 14,994 | 14,183 | 10,329 |
| Restricted cash and cash equivalents-Retirement Services Segment | 1,159 | 1,332 | 2,767 | 1,720 |
| Investments-Consolidated Entity Excluding Variable Interest Entities VIE-Nonrelated Party-Retirement Services Segment | 318,325 | 321,081 | 312,358 | 299,111 |
| Investments-Consolidated Entity Excluding Variable Interest Entities VIE-Related Party-Retirement Services Segment | 39,485 | 34,979 | 33,640 | 30,488 |
| Cash and cash equivalents-Retirement Services Segment-Variable Interest Entity Primary Beneficiary | 298 | 569 | 1,016 | 191 |
| Investments-Nonrelated Party-Retirement Services Segment-Variable Interest Entity Primary Beneficiary | 31,922 | 29,992 | 26,886 | 26,188 |
| Other assets-Retirement Services Segment-Variable Interest Entity Primary Beneficiary | 299 | 346 | 293 | 341 |
| Reinsurance recoverable-Retirement Services Segment | 10,304 | 10,282 | 9,948 | 9,273 |
| Deferred acquisition costs, deferred sales inducements and value of business acquired-Retirement Services Segment | 8,812 | 8,634 | 8,370 | 7,981 |
| Goodwill-Retirement Services Segment | 4,079 | 4,072 | 4,072 | 4,075 |
| Other assets-Consolidated Entity Excluding Variable Interest Entities VIE-Retirement Services Segment | 14,531 | 15,120 | 15,541 | 14,793 |
| Total assets | 467,530 | 460,949 | 449,543 | 419,550 |
| Accounts payable, accrued expenses, and other liabilities-Asset Management Segment | - | - | 4,326 | 4,079 |
| Accounts payable, accrued expenses, and other liabilities-Asset Management Segment-Consolidated Entity Excluding Variable Interest Entities VIE | 3,857 | 3,861 | 3,104 | - |
| Due to related parties-Asset Management Segment | 1,296 | 1,062 | 1,169 | 760 |
| Debt-Asset Management Segment | 6,380 | 5,516 | 4,775 | 4,280 |
| Other liabilities-Asset Management Segment-Consolidated Entity Excluding Variable Interest Entities VIE | - | - | - | 1,048 |
| Accounts payable, accrued expenses, and other liabilities-Asset Management Segment-Variable Interest Entity Primary Beneficiary | 2,930 | 1,949 | - | - |
| Interest sensitive contract liabilities-Retirement Services Segment | 326,502 | 315,889 | 309,737 | 292,238 |
| Future policy benefits-Retirement Services Segment | 48,657 | 50,264 | 49,006 | 49,400 |
| Market risk benefits-Retirement Services Segment | 5,010 | 4,930 | 4,835 | 4,489 |
| Debt-Retirement Services Segment | 7,840 | 7,848 | 7,856 | 7,864 |
| Payables for collateral on derivatives and securities to repurchase-Retirement Services Segment | 8,529 | 11,085 | 9,066 | 7,260 |
| Other liabilities-Consolidated Entity Excluding Variable Interest Entities VIE-Retirement Services Segment | 14,876 | 14,329 | 14,180 | 12,517 |
| Other liabilities-Retirement Services Segment-Variable Interest Entity Primary Beneficiary | 2,120 | 1,701 | 1,692 | 1,754 |
| Total liabilities | 427,997 | 418,434 | 409,746 | 385,689 |
| Redeemable non-controlling interests | 0 | 0 | 0 | 0 |
| Mandatory convertible preferred stock, 28,749,665 and 28,749,665 shares issued and outstanding as of march31, 2026 and december31, 2025, respectively | 1,398 | 1,398 | 1,398 | 1,398 |
| Additional paid in capital | 16,540 | 16,954 | 16,925 | 15,697 |
| Retained earnings | 5,157 | 7,634 | 7,306 | 5,919 |
| Accumulated other comprehensive income (loss) | -3,144 | -2,645 | -2,492 | -3,693 |
| Total apollo global management, inc. stockholders equity | 19,951 | 23,341 | 23,137 | 19,321 |
| Non-controlling interests | 19,582 | 19,174 | 16,660 | 14,540 |
| Total equity | 39,533 | 42,515 | 39,797 | 33,861 |
| Total liabilities, redeemable non-controlling interests and equity | 467,530 | 460,949 | 449,543 | 419,550 |
Apollo Global Management, Inc. (APO-PA)
Apollo Global Management, Inc. (APO-PA)