Company: APO
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001858681-25-000139
Chunk: 381

Company: Apollo Global Management, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 381
---
820 725 4.1Total Revenues9,823 7,773 2,050 26.422,185 20,831 1,354 6.5ExpensesAsset ManagementCompensation and benefits:Salary, bonus and benefits376 291 85 29.21,032 851 181 21.3Equity-based compensation195 124 71 57.3488 442 46 10.4Profit sharing expense190 190 — —588 583 5 0.9Total compensation and benefits761 605 156 25.82,108 1,876 232 12.4Interest expense64 55 9 16.4184 159 25 15.7General, administrative and other409 326 83 25.51,087 885 202 22.81,234 986 248 25.23,379 2,920 459 15.7Retirement ServicesInterest sensitive contract benefits4,164 2,599 1,565 60.29,086 7,307 1,779 24.3Future policy and other policy benefits613 793 (180)(22.7)1,681 2,431 (750)(30.9)Market risk benefits remeasurement (gains) losses131 524 (393)(75.0)405 354 51 14.4Amortization of deferred acquisition costs, deferred sales inducements and value of business acquired355 244 111 45.5914 678 236 34.8Policy and other operating expenses573 670 (97)(14.5)1,665 1,601 64 4.05,836 4,830 1,006 20.813,751 12,371 1,380 11.2Total Expenses7,070 5,816 1,254 21.617,130 15,291 1,839 12.0Other income (loss) – Asset ManagementNet gains (losses) from investment activities78 15 63 420.0(208)33 (241)NMNet gains (losses) from investment activities of consolidated variable interest entities35 44 (9)(20.5)250 70 180 257.1Other income (loss), net33 70 (37)(52.9