Company: APO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001858681-25-000049
Chunk: 192

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 8
Chunk 192
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.0Other revenues5 2 3 150.04,502 6,005 (1,503)(25.0)Total Revenues5,548 7,040 (1,492)(21.2)ExpensesAsset ManagementCompensation and benefits:Salary, bonus and benefits326 269 57 21.2Equity-based compensation138 176 (38)(21.6)Profit sharing expense281 222 59 26.6Total compensation and benefits745 667 78 11.7Interest expense60 51 9 17.6General, administrative and other308 240 68 28.31,113 958 155 16.2Retirement ServicesInterest sensitive contract benefits1,494 2,884 (1,390)(48.2)Future policy and other policy benefits541 543 (2)(0.4)Market risk benefits remeasurement (gains) losses385 (154)539 NMAmortization of deferred acquisition costs, deferred sales inducements and value of business acquired267 207 60 29.0Policy and other operating expenses542 453 89 19.63,229 3,933 (704)(17.9)Total Expenses4,342 4,891 (549)(11.2)Other income (loss) – Asset ManagementNet gains (losses) from investment activities(18)39 (57)NMNet gains (losses) from investment activities of consolidated variable interest entities211 25 186 NMOther income (loss), net(218)(26)(192)NMTotal Other income (loss)(25)38 (63)NMIncome (loss) before income tax (provision) benefit1,181 2,187 (1,006)(46.0)Income tax (provision) benefit (243)(422)179 (42.4)Net income (loss)938 1,765 (827)(46.9)Net (income) loss attributable to non-controlling interests(496)(338)(158)46.7Net income (loss) attributable to Apollo Global Management, Inc.442 1,427 (985)(69.0) Preferred stock dividends(24)(24)— —Net income (loss) available to Apollo Global Management, Inc. common stockholders$418 $1,403 $(985)(70.2)%Note: