Company: APO
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001858681-25-000034
Chunk: 25

Company: Apollo Global Management, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7
Chunk 25
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 net822 623 199 31.9623 443 180 40.6Investment income (loss)1,305 1,032 273 26.51,032 796 236 29.6Incentive fees150 80 70 87.580 27 53 196.34,176 3,507 669 19.13,507 2,769 738 26.7Retirement ServicesPremiums1,318 12,749 (11,431)(89.7)12,749 11,638 1,111 9.5Product charges1,016 848 168 19.8848 718 130 18.1Net investment income15,718 12,080 3,638 30.112,080 8,148 3,932 48.3Investment related gains (losses)2,045 1,428 617 43.21,428 (12,717)14,145 NMRevenues of consolidated variable interest entities1,822 1,441 381 26.41,441 440 1,001 227.5Other revenues19 591 (572)(96.8)591 (28)619 NM21,938 29,137 (7,199)(24.7)29,137 8,199 20,938 255.4Total Revenues26,114 32,644 (6,530)(20.0)32,644 10,968 21,676 197.6ExpensesAsset ManagementCompensation and benefits:Salary, bonus and benefits1,140 1,027 113 11.01,027 927 100 10.8Equity-based compensation671 938 (267)(28.5)938 484 454 93.8Profit sharing expense797 757 40 5.3757 532 225 42.3Total compensation and benefits2,608 2,722 (114)(4.2)2,722 1,943 779 40.1Interest expense226 145 81 55.9145 124 21 16.9General, administrative and other1,170 872 298 34.2872 682 190 27.94,004 3,739 265 7.13,739