StockWatch
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Investment Managers
Quarterly UpdatesOct 5, 2026, 04:36 PM

Apollo Global Management Preliminary Q3 Alternative Net Investment Income $375M

AI Summary

Apollo Global Management, Inc. (APO) has reported preliminary estimates for its alternative net investment income for the third quarter ended September 30, 2026. The company estimates this income to be approximately $375 million (pre-tax), representing an estimated 10% annualized return on alternative net investments. These preliminary figures are being released prior to the official quarterly earnings release scheduled for November 3, 2026, and investors are cautioned that actual results may differ materially as financial closing procedures are not yet complete.

Key Highlights

  • Apollo estimates preliminary alternative net investment income of $375 million (pre-tax) for Q3 2026.
  • This equates to an estimated 10% annualized return on alternative net investments for Q3 2026.
  • Annualized return on Athene's investment in a pooled investment vehicle estimated at 9% for Q3 2026.
  • Annualized return on Athene's other alternative investments, including retirement services platforms, estimated at 11% for Q3 2026.
  • Preliminary results are not audited and actual results may differ materially.