Company: APO
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001858681-25-000139
Chunk: 355

Company: Apollo Global Management, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 355
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 millions)September 30, 2025December 31, 2024Total reportable segment assets$436,637 $368,442 Adjustments112,906 9,453 Total assets$449,543 $377,895 1 Represents the addition of assets of consolidated funds and VIEs and consolidation elimination adjustments.

19. Subsequent EventsDividendsOn November 4, 2025, the Company declared a cash dividend of $0.51 per share of common stock, which will be paid on November 28, 2025 to holders of record at the close of business on November 17, 2025.On November 4, 2025, the Company also declared and set aside for payment a cash dividend of $0.8438 per share of its Mandatory Convertible Preferred Stock, which will be paid on January 31, 2026 to holders of record at the close of business on January 15, 2026.

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Table of Contents

ITEM 1A. UNAUDITED SUPPLEMENTAL PRESENTATION OF STATEMENTS OF FINANCIAL CONDITION

September 30, 2025(In millions)Apollo Global Management, Inc. and Consolidated Subsidiaries1Consolidated Funds and VIEsEliminationsConsolidatedAssetsAsset ManagementCash and cash equivalents$2,768 $— $— $2,768 Restricted cash and cash equivalents19 — — 19 Investments6,779 — (491)6,288 Assets of consolidated variable interest entitiesCash and cash equivalents13 435 — 448 Investments463 4,291 (108)4,646 Due from related parties21 — — 21 Other assets28 245 (159)114 Due from related parties963 — (92)871 Goodwill1,828 — — 1,828 Other assets3,466 — — 3,466 16,348 4,971 (850)20,469 Retirement ServicesCash and cash equivalents14,183 — — 14,183 Restricted cash and cash equivalents2,767 — — 2,767 Investments312,641 — (283)312,358 Investments in related parties50,586 — (16,946)33,640 Assets of consolidated variable interest entitiesCash and cash equivalents16