Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 190

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 190
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 INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

14. 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 June 30,Six months ended June 30,(In millions, except share and per share amounts)2025202420252024Numerator:Net income (loss) attributable to common stockholders$605 $828 $1,023 $2,231 Dividends declared on common stock1(292)(263)(556)(508)Dividends on participating securities2(14)(16)(28)(30)Earnings allocable to participating securities(7)(15)(9)(45)Undistributed income (loss) attributable to common stockholders: Basic292 534 430 1,648 Dilution effect on distributable income attributable to Mandatory Convertible Preferred Stock— — — 49 Undistributed income (loss) attributable to common stockholders: Diluted$292 $534 $430 $1,697 Denominator:Weighted average number of shares of common stock outstanding: Basic 586,672,682 587,104,242 586,964,167 587,700,042 Dilution effect of Mandatory Convertible Preferred Stock— — — 14,526,518 Dilution effect of options916,073 1,034,175 1,012,134 1,072,935 Dilution effect of warrants2,782,612 2,035,819 3,700,748 1,829,010 Weighted average number of shares of common stock outstanding: Diluted590,371,367 590,174,236 591,677,049 605,128,505 Net income (loss) per share of common stock: BasicDistributed income$0.51 $0.46 $0.97 $0.89 Undistributed income (loss)0.49 0.90 0.71 2.78 Net income (loss) per share of common stock: Basic$1.00 $1.36 $1.68 $3.67 Net income (loss) per share of common stock: DilutedDistributed income$0.51 $0.46 $0.97