StockWatch
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Investment Managers
Quarterly ResultAug 4, 2026, 06:37 AM

Apollo Q2 Net Income $1.3B, EPS $2.18; AUM $1.05T

AI Summary

Apollo Global Management, Inc. reported strong second-quarter 2026 financial results, with GAAP Net Income attributable to common stockholders reaching $1.3 billion, or $2.18 per share, and Adjusted Net Income also at $1.3 billion, or $2.11 per share. The company achieved record Fee Related Earnings of $785 million and record Spread Related Earnings of $877 million, reflecting significant year-over-year growth in both segments. Total Assets Under Management grew 25% to $1.05 trillion, driven by $60 billion in quarterly inflows. Apollo also declared a cash dividend of $0.5625 per share and repurchased $102 million in common stock during the quarter.

Key Highlights

  • GAAP Net Income attributable to common stockholders was $1.3 billion, or $2.18 per share.
  • Adjusted Net Income (ANI) totaled $1.3 billion, or $2.11 per share.
  • Fee Related Earnings (FRE) reached a record $785 million, up 25% year-over-year.
  • Spread Related Earnings (SRE) hit a record $877 million, up 7% year-over-year.
  • Total Assets Under Management (AUM) increased 25% year-over-year to $1.05 trillion.
  • Gross inflows for the quarter were $60 billion, with $298 billion over the last twelve months.
  • A cash dividend of $0.5625 per share was declared for the second quarter.
  • The company repurchased $102 million of common stock in Q2, totaling $1.6 billion over LTM.