Company: APO
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001858681-25-000139
Chunk: 332

Company: Apollo Global Management, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 332
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D CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

15. Earnings per ShareThe following presents basic and diluted net income (loss) per share of common stock computed using the two-class method:Basic and DilutedThree months ended September 30,Nine months ended September 30,(In millions, except share and per share amounts)2025202420252024Numerator:Net income (loss) attributable to common stockholders$1,712 $787 $2,735 $3,018 Dividends declared on common stock1(291)(262)(847)(770)Dividends on participating securities2(15)(15)(43)(45)Earnings allocable to participating securities(33)(14)(43)(59)Undistributed income (loss) attributable to common stockholders: Basic1,373 496 1,802 2,144 Dilution effect on distributable income attributable to Mandatory Convertible Preferred Stock24 — — — Undistributed income (loss) attributable to common stockholders: Diluted$1,397 $496 $1,802 $2,144 Denominator:Weighted average number of shares of common stock outstanding: Basic 589,380,547 585,382,685 587,778,565 586,921,189 Dilution effect of Mandatory Convertible Preferred Stock14,555,555 — — — Dilution effect of options813,844 1,029,658 944,536 1,057,400 Dilution effect of warrants3,074,820 2,129,471 3,492,105 1,929,163 Weighted average number of shares of common stock outstanding: Diluted607,824,766 588,541,814 592,215,206 589,907,752 Net income (loss) per share of common stock: BasicDistributed income$0.51 $0.46 $1.48 $1.35 Undistributed income (loss)2.31 0.84 3.03 3.61 Net income (loss) per share of common stock: Basic$2.82 $1.30 $4.51 $4.96 Net income (loss) per share of common stock: DilutedDistributed income$0.51 $0.46 $1.