Apollo Global Management, Inc. (APO)

NYSE: APO · Real-Time Price · USD

124.24

+1.63 (1.33%)

At close: Jul 27, 2026, 4:00 PM EDT

126.00

+1.76 (1.42%)

After-hours: Jul 27, 2026, 7:51 PM EDT

Apollo Global Management Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	3,052	5,401	6,373	6,509	-3,507	4,267
Depreciation & Amortization	1,520	1,431	1,075	803	529	27
Stock-Based Compensation	872	789	721	1,026	540	1,181
Other Adjustments	-5,155	-6,370	-6,175	-5,171	3,426	-6,270
Changes in Other Operating Activities	7,565	5,995	1,259	3,155	2,801	1,859
Operating Cash Flow	7,854	7,246	3,253	6,322	3,789	1,064
Operating Cash Flow Growth	87.22%	122.75%	-48.55%	66.85%	256.11%	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Purchases of Investments	-149,414	-154,985	-120,036	-71,690	-67,882	-5,515
Proceeds from Sale of Investments	96,216	92,605	59,426	29,052	34,295	4,032
Cash Acquisitions	-	99	-	-	-	-
Proceeds from Business Divestments	-	-	-	-	10,420	-
Other Investing Activities	-1,418	-1,691	-1,191	231	-277	-69
Investing Cash Flow	-72,289	-63,972	-61,801	-42,407	-23,444	-1,552

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Long-Term Debt Issued	10,070	7,218	7,945	4,912	5,745	1,334
Long-Term Debt Repaid	-5,245	-4,644	-5,259	-3,780	-4,033	-3,918
Net Long-Term Debt Issued (Repaid)	4,825	2,574	2,686	1,132	1,712	-2,584
Repurchase of Common Stock	-1,212	-773	-890	-561	-635	-299
Net Common Stock Issued (Repurchased)	-1,212	-773	-890	-561	-635	-299
Issuance of Preferred Stock	-	-	-	1,398	-	-
Net Preferred Stock Issued (Repurchased)	-	-	-	1,398	-	-
Common Dividends Paid	-1,235	-1,201	-1,092	-1,012	-962	-517
Preferred Share Dividends Paid	-97	-97	-97	-22	-	-
Other Financing Activities	53,517	59,697	57,365	41,703	28,595	1,617
Financing Cash Flow	55,798	60,200	57,972	42,638	28,710	109

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Foreign Exchange Rate Adjustments	1	5	-3	10	-15	-15
Net Cash Flow	8,235	3,479	-579	6,563	9,040	-379

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	7,854	7,246	3,253	6,322	3,789	1,064
Free Cash Flow Growth	87.22%	122.75%	-48.55%	66.85%	256.11%	-
FCF Margin	24.89%	22.61%	12.46%	19.37%	34.55%	17.88%
Free Cash Flow Per Share	13.14	12.21	5.39	10.74	6.48	4.50
Levered Free Cash Flow	14,957	13,395	9,500	10,091	3,081	1,104
Unlevered Free Cash Flow	14,818	13,101	8,641	10,318	-650.27	3,621

SEC Filings: 10-K · 10-Q