Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 95

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 95
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,541 Total Expenses5,718 4,584 10,060 9,475 Other income (loss) – Asset ManagementNet gains (losses) from investment activities(268)(21)(286)18 Net gains (losses) from investment activities of consolidated variable interest entities4 1 215 26 Other income (loss), net13 24 (205)(2)Total Other income (loss)(251)4 (276)42 Income (loss) before income tax (provision) benefit845 1,438 2,026 3,625 Income tax (provision) benefit(3)(261)(246)(683)Net income (loss)842 1,177 1,780 2,942 Net (income) loss attributable to non-controlling interests(212)(324)(708)(662)Net income (loss) attributable to Apollo Global Management, Inc.630 853 1,072 2,280 Preferred stock dividends(25)(25)(49)(49)Net income (loss) attributable to Apollo Global Management, Inc. common stockholders$605 $828 $1,023 $2,231 Earnings (loss) per shareNet income (loss) attributable to common stockholders - Basic$1.00 $1.36 $1.68 $3.67 Net income (loss) attributable to common stockholders - Diluted$0.99 $1.35 $1.67 $3.64 Weighted average shares outstanding – Basic586.7587.1587.0587.7Weighted average shares outstanding – Diluted590.4590.2591.7605.1See accompanying notes to the unaudited condensed consolidated financial statements.

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

Three months ended June 30,Six months ended June 30,(In millions)2025202420252024Net income (loss)$842 $1,177 1,780 $2,942 Other comprehensive income (loss), before taxUnrealized investment gains (losses) on available-for-sale securities1,404 (979)2,898 (1,717)Unrealized gains (losses) on hedging instruments(8)84 221 8