Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 358

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 358
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asurement (gains) losses(111)(16)(95)NM274 (170)444 NMAmortization of deferred acquisition costs, deferred sales inducements and value of business acquired292 227 65 28.6559 434 125 28.8Policy and other operating expenses550 478 72 15.11,092 931 161 17.34,686 3,608 1,078 29.97,915 7,541 374 5.0Total Expenses5,718 4,584 1,134 24.710,060 9,475 585 6.2Other income (loss) – Asset ManagementNet gains (losses) from investment activities(268)(21)(247)NM(286)18 (304)NMNet gains (losses) from investment activities of consolidated variable interest entities4 1 3 300.0215 26 189 NMOther income (loss), net13 24 (11)(45.8)(205)(2)(203)NMTotal Other income (loss)(251)4 (255)NM(276)42 (318)NMIncome (loss) before income tax (provision) benefit845 1,438 (593)(41.2)2,026 3,625 (1,599)(44.1)Income tax (provision) benefit (3)(261)258 (98.9)(246)(683)437 (64.0)Net income (loss)842 1,177 (335)(28.5)1,780 2,942 (1,162)(39.5)Net (income) loss attributable to non-controlling interests(212)(324)112 (34.6)(708)(662)(46)6.9Net income (loss) attributable to Apollo Global Management, Inc.630 853 (223)(26.1)1,072 2,280 (1,208)(53.0) Preferred stock dividends(25)(25)— —(49)(49)— —Net income (loss) available to Apollo Global Management, Inc. common stockholders$605 $828 $(223)(26.9)%$1,023 $2,231 $(1,208)(54.1)%Note: “NM” denotes not meaningful. Changes from negative to positive amounts and positive