Company: APO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001858681-25-000049
Chunk: 265

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 265
---
 Preferred stock dividends(24)(24)Net income (loss) attributable to Apollo Global Management, Inc. common stockholders$418 $1,403 Earnings (loss) per shareNet income (loss) attributable to common stockholders - Basic$0.68 $2.31 Net income (loss) attributable to common stockholders - Diluted$0.68 $2.28 Weighted average shares outstanding – Basic587.3588.1Weighted average shares outstanding – Diluted593.0605.4See accompanying notes to the unaudited condensed consolidated financial statements.

14

Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED)

Three months ended March 31,(In millions)20252024Net income (loss)$938 $1,765 Other comprehensive income (loss), before taxUnrealized investment gains (losses) on available-for-sale securities1,492 (738)Unrealized gains (losses) on hedging instruments229 (76)Remeasurement gains (losses) on future policy benefits related to discount rate(528)803 Remeasurement gains (losses) on market risk benefits related to credit risk116 (28)Foreign currency translation and other adjustments63 (32)Other comprehensive income (loss), before tax1,372 (71)Income tax expense (benefit) related to other comprehensive income (loss)273 (4)Other comprehensive income (loss)1,099 (67)Comprehensive income (loss)2,037 1,698 Comprehensive (income) loss attributable to non-controlling interests(684)(336)Comprehensive income (loss) attributable to Apollo Global Management, Inc.$1,353 $1,362 See accompanying notes to the unaudited condensed consolidated financial statements.

15

Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED)

For the three months ended March 31, 2024 Apollo Global Management, Inc. Stockholders   (In millions, except share data)Common StockSeries A Mandatory Convertible Preferred StockAdditionalPaid inCapitalRetained Earnings (Accumulated Deficit)AccumulatedOtherComprehensive Income (Loss)Total ApolloGlobalManagement,Inc.Stockholders’Equity (Deficit)Non