Sign inStart free

10-Q quarterly report · filed Nov 10, 2025

Apollo Global Management (APO) Q3 2025 10-Q Quarterly Report

APO overviewOriginal on SEC EDGAR
Follow APO for alertsAsk AI about APO

Short answer

Apollo Global Management (APO) filed its Q3 2025 10-Q quarterly report on Nov 10, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $9.8B (up 26.4% year over year) with net income of $1.7B.

Q3 2025 key financials · XBRL

Revenue
$9.8B
+26.4% YoY · +44.2% QoQ
Net income
$1.7B
+114.1% YoY · +175.6% QoQ
EPS (diluted)
$2.80
+115.4% YoY · +182.8% QoQ

Source: XBRL data from the Apollo Global Management (APO) Q3 2025 10-Q on SEC EDGAR. USD.

Apollo Global Management Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Total contractual obligations $396.8B as of Sep 30, 2025, up from prior periods largely driven by Retirement Services liabilities
  • Debt obligations in Asset Management $10.3B, Retirement Services $17.4B, including future interest payments
  • Current assets of guarantor group $2.41B, down slightly from $2.55B at Dec 31, 2024; current liabilities increased to $1.65B from $0.52B
  • Revenues of obligor group $3.20B for nine months ended Sep 30, 2025; net loss $66M, net loss attributable $145M
  • No explicit quarterly revenue or margin YoY comparisons, nor updated guidance or near-term outlook provided in this excerpt

Risk Factors

  • No newly added risk factors disclosed; risk section mainly reaffirms 2024 Annual Report concerns
  • Updated liquidity risk: $17.0B unrestricted cash, $5.3B available credit facilities as of Sept 30, 2025, reflecting capital availability improvement
  • Regulatory risk linked to subsidiary dividend restrictions due to surplus and solvency requirements impacting AGM’s cash flow to pay dividends
  • Operational risk highlighted by dependency on fund performance for fee income amid potential economic downturns affecting fund flows and fees
  • Financial risk from $4.8B asset management business debt maturity profile spanning 2026 to 2054, influencing future capital needs and refinancing

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Apollo Global Management quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.

Start free