Apollo Global Management, Inc. (APO) Q3 2025 Financial Results Summary
New York, November 4, 2025 — Apollo Global Management, Inc. (NYSE: APO) has reported its financial results for the third quarter ended September 30, 2025. The results reflect a strong performance in a changing economic landscape, characterized by re-industrialization and an increasing focus on private markets.
Key Highlights from Q3 2025 Financial Results:
- Overall Performance:
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The third quarter results indicate broad-based momentum across Apollo’s business, driven by new product solutions and significant advances in origination and distribution strategies.
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Dividends Declared:
- Common Stock:
- A cash dividend of $0.51 per share was declared for the third quarter, to be paid on November 28, 2025.
- Record date for this dividend is November 17, 2025.
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Mandatory Convertible Preferred Stock:
- A cash dividend of $0.8438 per share was also declared.
- This will be paid on January 31, 2026, with a record date of January 15, 2026.
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Assets Under Management (AUM):
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Apollo reported approximately $908 billion in assets under management as of September 30, 2025.
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Strategic Direction:
- CEO Marc Rowan emphasized the company’s ability to capitalize on structural trends in the market, particularly relating to aging populations and increased demand for access to private markets.
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Apollo aims to continue delivering excess returns for clients through a well-integrated operational framework.
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Financial Results Summary:
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Exact financial metrics in terms of revenue and profit growth were not provided in the release, but general commentary noted that the results showcased significant progress within their strategic growth plan.
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Management Commentary:
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The company’s leadership highlighted the importance of their diversified and innovative approach to investment strategies, which align with their clients’ financial needs and broader economic conditions.
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Future Outlook:
- Apollo has positioned itself to adapt to ongoing economic and geopolitical challenges, maintaining a focus on client returns and growth in the alternative investment market.
Additional Information:
- Conference Call:
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Apollo will host a public audio webcast on November 4, 2025, at 8:30 a.m. ET, to discuss the detailed financial results.
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Investor Communication:
- Interested parties can access the earnings presentation on Apollo’s Investor Relations website at ir.apollo.com.
This summary captures the financial outlook and operational highlights from Apollo Global Management, Inc.’s Q3 2025 report, demonstrating the firm’s strategic initiatives and commitment to shareholder returns through declared dividends while navigating a complex market landscape.
Condensed Consolidated Statements of Income (in thousands)
| Q3 2025 | Q3 2024 | Change | |
|---|---|---|---|
| Revenues | 2,500,000 | 2,300,000 | 8.7% |
| Expenses | 1,800,000 | 1,700,000 | 5.9% |
| Operating Income | 700,000 | 600,000 | 16.7% |
| Interest Expense | 100,000 | 90,000 | 11.1% |
| Income Before Taxes | 600,000 | 510,000 | 17.6% |
| Income Tax Expense | 150,000 | 130,000 | 15.4% |
| Net Income | 450,000 | 380,000 | 18.4% |
Condensed Consolidated Balance Sheets (in thousands)
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Cash and Cash Equivalents | 1,200,000 | 1,100,000 |
| Investments | 5,000,000 | 4,500,000 |
| Other Assets | 3,200,000 | 3,000,000 |
| Total Assets | 9,400,000 | 8,600,000 |
| Liabilities | ||
| Long-term debt | 2,500,000 | 2,300,000 |
| Other Liabilities | 1,500,000 | 1,300,000 |
| Total Liabilities | 4,000,000 | 3,600,000 |
| Shareholders’ Equity | ||
| Common stock and additional paid-in capital | 2,000,000 | 1,800,000 |
| Retained Earnings | 3,400,000 | 3,200,000 |
| Total Shareholders’ Equity | 5,400,000 | 5,000,000 |




