Apollo Global Management revenue and financials

APO · NYSE · USD

$115.95Change from previous close: +0.52%Absolute change: +$0.60

Close · October 6, 2026

In the fiscal year ended December 2025, Apollo Global Management reported revenue of $32.05B (+22.73% year over year). Net income was $3.49B, a net margin of 10.9%.

Annual revenue · 2025: $32.05B
  1. $2.35B2020
  2. $5.95B2021
  3. $10.97B2022
  4. $32.64B2023
  5. $26.11B2024
  6. $32.05B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+22.73%
2025 vs 2024
Net income growth
−23.71%
2025 vs 2024
Net margin
10.9%
2024: 17.5%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Cash flow · Annual
Item202520242023202220212020
Operating cash flow7,2463,2536,3223,7891,064-1,616
Depreciation and amortization1,4311,07580359427.019.0
Capital expenditure———-203-64.7—
Investing cash flow-63,972-61,801-42,407-23,444-1,552—
Financing cash flow60,20057,97242,63828,710109—
Dividends paid-1,201-1,092-1,012-962-517-550
Share repurchases-773-890-561-635-299-92.0
Debt issued7,2187,9454,9125,745——
Debt repaid-4,644-5,259-3,780-4,033——
Effect of exchange rates5.0-3.010.0-15.0——
Net change in cash3,479-5796,5639,040-379—
Free cash flow7,2463,2536,3223,7891,064—