APO Apollo Global Management
Q2 2023 10-Q
Apollo Global Management (APO) 10-Q quarterly report for Q2 2023, filed with SEC EDGAR on Aug 7, 2023 for the fiscal period ending Jun 30, 2023. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.
AI Filing AnalysisQ2 2023 10-Q
Management Discussion & Analysis
- • Revenue $1.0B Q2 2023, up $540M (112.5%) YoY; 6M revenue $2.3B, up $487M (27.4%) YoY, driven by investment income and management fees
- • Operating margin (FRE margin) approx. 43.4% ($442.8M FRE on $1.02B revenue) Q2 2023 vs approx. 71.1% ($341.1M FRE on $480.3M revenue) Q2 2022; absolute FRE up 29.8% YoY
Risk Factors
- • No new or updated risk factors for Q2 2023 compared to 2022 Annual Report
- • Legal and regulatory risks from 2022 persist, including compliance with SEC regulations and potential litigation
Quarterly Financial SummaryXBRL
Revenue
$1.0B
▲ +112.5% YoY▼ -17.9% QoQ
Net Income
$113M
▲ +65.6% YoY▼ -48.1% QoQ
Net Margin
11.1%
▼ -313bp YoY▼ -643bp QoQ
Source: XBRL data from Apollo Global Management Q2 2023 10-Q filing on SEC EDGAR. All figures in USD.
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