Company: APO
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001858681-25-000139
Chunk: 26

Company: Apollo Global Management, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 2
Chunk 26
---
 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)(172)68 (240)NMTotal Other income (loss)146 129 17 13.2(130)171 (301)NMIncome (loss) before income tax (provision) benefit2,899 2,086 813 39.04,925 5,711 (786)(13.8)Income tax (provision) benefit (438)(317)(121)38.2(684)(1,000)316 (31.6)Net income (loss)2,461 1,769 692 39.14,241 4,711 (470)(10