Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 357

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 357
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0)492 680 (188)(27.6)Incentive fees58 47 11 23.498 73 25 34.21,107 1,054 53 5.02,153 2,089 64 3.1Retirement ServicesPremiums107 673 (566)(84.1)234 774 (540)(69.8)Product charges274 251 23 9.2539 489 50 10.2Net investment income4,776 3,804 972 25.69,117 7,380 1,737 23.5Investment related gains (losses)(5)(134)129 (96.3)(833)1,543 (2,376)NMRevenues of consolidated variable interest entities550 366 184 50.31,142 777 365 47.0Other revenues5 4 1 25.010 6 4 66.75,707 4,964 743 15.010,209 10,969 (760)(6.9)Total Revenues6,814 6,018 796 13.212,362 13,058 (696)(5.3)ExpensesAsset ManagementCompensation and benefits:Salary, bonus and benefits330 291 39 13.4656 560 96 17.1Equity-based compensation155 142 13 9.2293 318 (25)(7.9)Profit sharing expense117 171 (54)(31.6)398 393 5 1.3Total compensation and benefits602 604 (2)(0.3)1,347 1,271 76 6.0Interest expense60 53 7 13.2120 104 16 15.4General, administrative and other370 319 51 16.0678 559 119 21.31,032 976 56 5.72,145 1,934 211 10.9Retirement ServicesInterest sensitive contract benefits3,428 1,824 1,604 87.94,922 4,708 214 4.5Future policy and other policy benefits527 1,095 (568)(51.9)1,068 1,638 (570)(34.8)Market risk benefits reme