Company: APO
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001858681-25-000139
Chunk: 202

Company: Apollo Global Management, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 202
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)10 356 Balance at September 30, 2024$(6,191)$(295)$32 $3,023 $(59)$17 $(3,473)1 Recognized in investment related gains (losses) on the condensed consolidated statements of operations.

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

15. Earnings per ShareThe following presents basic and diluted net income (loss) per share of common stock computed using the two-class method:Basic and DilutedThree months ended September 30,Nine months ended September 30,(In millions, except share and per share amounts)2025202420252024Numerator:Net income (loss) attributable to common stockholders$1,712 $787 $2,735 $3,018 Dividends declared on common stock1(291)(262)(847)(770)Dividends on participating securities2(15)(15)(43)(45)Earnings allocable to participating securities(33)(14)(43)(59)Undistributed income (loss) attributable to common stockholders: Basic1,373 496 1,802 2,144 Dilution effect on distributable income attributable to Mandatory Convertible Preferred Stock24 — — — Undistributed income (loss) attributable to common stockholders: Diluted$1,397 $496 $1,802 $2,144 Denominator:Weighted average number of shares of common stock outstanding: Basic 589,380,547 585,382,685 587,778,565 586,921,189 Dilution effect of Mandatory Convertible Preferred Stock14,555,555 — — — Dilution effect of options813,844 1,029,658 944,536 1,057,400 Dilution effect of warrants3,074,820 2,129,471 3,492,105 1,929,163 Weighted average number of shares of common stock outstanding: Diluted607,824,766 588,541,814 592,215,206 589,907,752 Net income (loss) per share of common stock: BasicDistributed income$0.51 $0.46 $1.48 $1.35 Undistributed income (loss)2