Company: APO
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001858681-25-000139
Chunk: 333

Company: Apollo Global Management, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 333
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48 $1.35 Undistributed income (loss)2.27 0.83 2.99 3.59 Net income (loss) per share of common stock: Diluted$2.78 $1.29 $4.47 $4.94 1 See note 14 for information regarding quarterly dividends.2 Participating securities consist of vested and unvested RSUs that have rights to dividends and unvested restricted shares.The Company has granted RSUs that provide the right to receive, subject to vesting during continued employment, shares of common stock pursuant to the Equity Plan.Any dividend equivalent paid to an employee on RSUs will not be returned to the Company upon forfeiture of the award by the employee. Vested and unvested RSUs that are entitled to non-forfeitable dividend equivalents qualify as participating securities and are included in the Company’s basic and diluted earnings per share computations using the two-class method. The holder of an RSU participating security would have a contractual obligation to share in the losses of the entity if the holder is obligated to fund the losses of the issuing entity or if the contractual principal or mandatory redemption amount of the participating security is reduced as a result of losses incurred by the issuing entity. The RSU participating securities do not have a mandatory redemption amount and the holders of the participating securities are not obligated to fund losses; therefore, neither the vested RSUs nor the unvested RSUs are subject to any contractual obligation to share in losses of the Company.

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

The following table summarizes the anti-dilutive securities:Three months ended September 30,Nine months ended September 30,2025202420252024Weighted average unvested RSUs12,857,789 14,405,628 12,448,596 14,282,686 Weighted average unexercised warrants414,286 — 414,286 — Weighted average Mandatory Convertible Preferred Stock— 14,531,793 14,547,206 14,528,276 Weighted average unvested restricted shares1,324,874 1,249,388 1,213,591 1,371,113 

16. Related PartiesAsset ManagementDue from/to related partiesDue from/to related parties includes:•unpaid management fees, transaction and advisory