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What changed in Apollo Global Management, Inc.'s latest annual report

In the year ended 31 Dec 2025, Apollo Global Management, Inc.'s revenue rose 22.7% to USD 32.05bn, from USD 26.11bn; net income fell 23.7% to USD 3.49bn, from USD 4.58bn; shareholders' equity rose 35.3% to USD 23.34bn, from USD 17.25bn.

Year ended 31 Dec 2025. Source: 10-K filed 25 Feb 2026, read it on SEC EDGAR.

USD 26.11bn to USD 32.05bn

Revenue, up 22.7% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue26.11bn32.05bnUp 22.7%
Net income4.58bn3.49bnDown 23.7%
Total assets377.89bn460.95bnUp 22%
Total liabilities346.92bn418.43bnUp 20.6%
Long-term debt10.59bn13.36bnUp 26.2%
Shareholders' equity17.25bn23.34bnUp 35.3%

Questions people ask

Did Apollo Global Management, Inc.'s revenue grow last year?

Revenue grew 22.7%, from USD 26.11bn to USD 32.05bn in the year ended 31 Dec 2025.

Is Apollo Global Management, Inc. profitable?

Yes. Net income was USD 3.49bn in the year ended 31 Dec 2025. The year before: USD 4.58bn.

How much cash and debt does Apollo Global Management, Inc. have?

At its latest year end (31 Dec 2025), Apollo Global Management, Inc. reported long-term debt of USD 13.36bn.

Where do these numbers come from?

From Apollo Global Management, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Apollo Global Management, Inc. (APO) 10-K: what changed year on year | LYNORIQ Insights