Apollo Global Management, Inc. (APO)

Apollo Global Management Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	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%	-
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
Payments for Business Acquisitions	-	99	-	-	-	-
Proceeds from Business Divestments	-	-	-	-	10,420	-
Other Investing Activities	-2,319	-1,691	-1,191	231	-277	-69
Investing Cash Flow	-55,418	-63,972	-61,801	-42,407	-23,444	-1,552
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
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1	5	-3	10	-15	-15
Net Cash Flow	8,235	3,479	-579	6,563	9,040	-379
Free Cash Flow	7,854	7,246	3,253	6,322	3,789	1,064
Free Cash Flow Growth	8.39%	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	12,363	13,101	8,641	10,318	-650.27	3,621

Updated May 7, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q