Apollo Global Management, Inc. Q3 FY25 Results

Summary

Apollo Global Management, Inc. reported strong third quarter 2025 results, with GAAP Net Income Attributable to Apollo Global Management, Inc. Common Stockholders at $1.7 billion, or $2.82 per share. Adjusted Net Income totaled $1.4 billion, or $2.17 per share. Total Assets Under Management reached $908 billion, driven by significant inflows. The company continues to execute on its strategic growth pillars, including origination, global wealth, and capital solutions.

Key Highlights

1. 1

   GAAP Net Income Attributable to Apollo Global Management, Inc. Common Stockholders was $1.7 billion for the quarter ended September 30, 2025, or $2.82 per share.

2. 2

   Adjusted Net Income totaled $1.4 billion, or $2.17 per share, for the third quarter.

3. 3

   Total Assets Under Management reached $908 billion, benefiting from inflows of $82 billion in the third quarter.

4. 4

   Fee Related Earnings reached a record $652 million, driven by strong growth across fee related revenues.

5. 5

   Spread Related Earnings reached near-record quarterly level at $871 million, supported by continued strong organic growth.

6. 6

   The company repurchased $356 million of common stock in the third quarter and more than $1.2 billion over the last twelve months.

7. 7

   Total AUM increased $175 billion or 24% year-over-year, primarily driven by $136 billion of inflows from Asset Management and $84 billion of gross inflows from Retirement Services.