For the quarter ending 2025-09-30, APO-PA has $449,543M in assets. $409,746M in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents-Asset Management Segment-Consolidated Entity Excluding Variable Interest Entities VIE | 2,768 | 2,382 | 1,871 | 2,692 |
| Restricted cash and cash equivalents-Asset Management Segment | 19 | 3 | 3 | 3 |
| Investments-Asset Management Segment-Consolidated Entity Excluding Variable Interest Entities VIE-Nonrelated Party | 6,288 | 5,885 | 6,591 | 6,086 |
| Cash and cash equivalents-Asset Management Segment-Variable Interest Entity Primary Beneficiary | 448 | 346 | 231 | 158 |
| Investments-Asset Management Segment-Nonrelated Party-Variable Interest Entity Primary Beneficiary | 4,646 | 2,258 | 1,873 | 2,806 |
| Due from related parties-Asset Management Segment-Variable Interest Entity Primary Beneficiary | 21 | - | - | - |
| Other assets-Asset Management Segment-Variable Interest Entity Primary Beneficiary | 114 | 95 | 264 | 84 |
| Due from related parties-Asset Management Segment | - | 763 | 634 | 584 |
| Due from related parties-Asset Management Segment-Consolidated Entity Excluding Variable Interest Entities VIE | 871 | - | - | - |
| Goodwill-Asset Management Segment | 1,828 | 264 | 264 | 264 |
| Other assets-Asset Management Segment-Consolidated Entity Excluding Variable Interest Entities VIE | 3,466 | 3,064 | 2,677 | 2,579 |
| Cash and cash equivalents-Consolidated Entity Excluding Variable Interest Entities VIE-Retirement Services Segment | 14,183 | 10,329 | 11,023 | 12,733 |
| Restricted cash and cash equivalents-Retirement Services Segment | 2,767 | 1,720 | 2,210 | 943 |
| Investments-Consolidated Entity Excluding Variable Interest Entities VIE-Nonrelated Party-Retirement Services Segment | 312,358 | 299,111 | 278,323 | 262,283 |
| Investments-Consolidated Entity Excluding Variable Interest Entities VIE-Related Party-Retirement Services Segment | 33,640 | 30,488 | 29,834 | 28,884 |
| Cash and cash equivalents-Retirement Services Segment-Variable Interest Entity Primary Beneficiary | 1,016 | 191 | 175 | 583 |
| Investments-Nonrelated Party-Retirement Services Segment-Variable Interest Entity Primary Beneficiary | 26,886 | 26,188 | 24,653 | 23,424 |
| Other assets-Retirement Services Segment-Variable Interest Entity Primary Beneficiary | 293 | 341 | 362 | 565 |
| Reinsurance recoverable-Retirement Services Segment | 9,948 | 9,273 | 8,790 | 8,194 |
| Deferred acquisition costs, deferred sales inducements and value of business acquired-Retirement Services Segment | 8,370 | 7,981 | 7,606 | 7,173 |
| Goodwill-Retirement Services Segment | 4,072 | 4,075 | 4,067 | 4,063 |
| Other assets-Consolidated Entity Excluding Variable Interest Entities VIE-Retirement Services Segment | 15,541 | 14,793 | 13,594 | 13,794 |
| Total assets | 449,543 | 419,550 | 395,045 | 377,895 |
| Accounts payable, accrued expenses, and other liabilities-Asset Management Segment | 4,326 | 4,079 | 3,773 | 3,616 |
| Due to related parties-Asset Management Segment | 1,169 | 760 | 708 | 710 |
| Debt-Asset Management Segment | 4,775 | 4,280 | 4,280 | 4,279 |
| Other liabilities-Asset Management Segment | - | - | 785 | 1,363 |
| Other liabilities-Asset Management Segment-Consolidated Entity Excluding Variable Interest Entities VIE | - | 1,048 | - | - |
| Accounts payable, accrued expenses, and other liabilities-Asset Management Segment-Consolidated Entity Excluding Variable Interest Entities VIE | 3,104 | - | - | - |
| Interest sensitive contract liabilities-Retirement Services Segment | 309,737 | 292,238 | 273,439 | 253,637 |
| Future policy benefits-Retirement Services Segment | 49,006 | 49,400 | 49,897 | 49,902 |
| Market risk benefits-Retirement Services Segment | 4,835 | 4,489 | 4,362 | 4,028 |
| Debt-Retirement Services Segment | 7,856 | 7,864 | 6,301 | 6,309 |
| Payables for collateral on derivatives and securities to repurchase-Retirement Services Segment | 9,066 | 7,260 | 7,253 | 11,652 |
| Other liabilities-Consolidated Entity Excluding Variable Interest Entities VIE-Retirement Services Segment | 14,180 | 12,517 | 10,355 | 9,784 |
| Other liabilities-Retirement Services Segment-Variable Interest Entity Primary Beneficiary | 1,692 | 1,754 | 1,548 | 1,635 |
| Total liabilities | 409,746 | 385,689 | 362,701 | 346,915 |
| Redeemable non-controlling interests | 0 | 0 | 0 | 16 |
| Mandatory convertible preferred stock, 28,749,665 and 28,749,765 shares issued and outstanding as of september30, 2025 and december31, 2024, respectively | 1,398 | 1,398 | 1,398 | 1,398 |
| Additional paid in capital | 16,925 | 15,697 | 15,527 | 15,327 |
| Retained earnings (accumulated deficit) | 7,306 | 5,919 | 5,634 | 6,022 |
| Accumulated other comprehensive income (loss) | -2,492 | -3,693 | -4,583 | -5,494 |
| Total apollo global management, inc. stockholders equity | 23,137 | 19,321 | 17,976 | 17,253 |
| Non-controlling interests | 16,660 | 14,540 | 14,368 | 13,711 |
| Total equity | 39,797 | 33,861 | 32,344 | 30,964 |
| Total liabilities, redeemable non-controlling interests and equity | 449,543 | 419,550 | 395,045 | 377,895 |
Apollo Global Management, Inc. (APO-PA)
Apollo Global Management, Inc. (APO-PA)