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Apollo Global Management revenue

Apollo Global Management's revenue was $32.05bn in fiscal 2025, up 22.7% on the year before. Since fiscal 2020 ($2.35bn) it has grown at a compound 68.6% a year. Over the last twelve months it was $35.90bn.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Apollo Global Management: revenue history, annual
Fiscal year2020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue2.46.011.032.626.132.035.9
Growth on the year before—+152.8%+84.3%+197.6%−20.0%+22.7%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue YoY
Retirement Services $27B ▲ 23.3%
Asset Management and Retirement Segments $20.2B ▲ 22.5%
Asset Management $5B ▲ 19.7%

These categories overlap or exclude eliminations, so shares aren't shown.

Products and services
Line of business Revenue YoY
Asset Management1 $2.4B ▲ 25.2%
Investment Advice $1.2B ▲ 46.2%
Management Service Incentive $245M ▲ 63.3%

These categories overlap or exclude eliminations, so shares aren't shown.

From Apollo Global Management's 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Asset Management & Custody Banks: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Apollo Global Management $35.90bn 41.2% 10.2%
BlackRock $27.30bn 95.6% —
BNY Mellon $21.96bn 11.2% 8.4%
KKR & Co. $21.31bn 31.1% 24.2%
Ameriprise Financial $20.14bn 8.8% 8.9%
Blackstone Inc. $16.11bn 17.2% 32.3%

Compare with peers

Head to head: APO vs BLKAPO vs BNYAPO vs KKR

More: Asset Management & Custody Banks stocks compared, Financials sector, rankings of US companies

Figures from Apollo Global Management's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Apollo Global Management.