v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Total Apollo Global Management, Inc. Stockholders’ Equity
Common Stock
Series A Mandatory Convertible Preferred Stock
Additional Paid in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-Controlling Interests
Beginning balance (in shares) at Dec. 31, 2024     565,738,933          
Beginning balance at Dec. 31, 2024 $ 30,964 $ 17,253   $ 1,398 $ 15,327 $ 6,022 $ (5,494) $ 13,711
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 938 442   24   418   496
Other comprehensive income (loss) 1,099 911         911 188
Capital increase related to equity-based compensation 128 128     128      
Capital contributions 636             636
Dividends/distributions (518) (302)   (24)   (278)   (216)
Payments related to issuances of common stock for equity-based awards (in shares)     4,332,162          
Payments related to issuances of common stock for equity-based awards (522) (522)     6 (528)    
Repurchase of common stock (in shares)     (1,392,000)          
Repurchase of common stock (193) (193)     (193)      
Consolidation/deconsolidation of VIEs (442)             (442)
Issuance of warrants 54 54     54      
Issuance of common stock related to equity transactions (in shares)     540,177          
Accretion of redeemable non-controlling interests 5 5     5      
Other changes in equity of non-controlling interests (5)             (5)
Ending balance (in shares) at Mar. 31, 2025     570,432,275          
Ending balance at Mar. 31, 2025 $ 32,344 17,976   1,398 15,527 5,634 (4,583) 14,368
Beginning balance (in shares) at Dec. 31, 2025 578,981,398   578,981,398          
Beginning balance at Dec. 31, 2025 $ 42,515 23,341   1,398 16,954 7,634 (2,645) 19,174
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (1,411) (1,906)   24   (1,930)   495
Other comprehensive income (loss) (673) (499)         (499) (174)
Capital increase related to equity-based compensation 195 195     195      
Capital contributions 947             947
Dividends/distributions (1,204) (336)   (24)   (312)   (868)
Payments related to issuances of common stock for equity-based awards (in shares)     2,459,396          
Payments related to issuances of common stock for equity-based awards (220) (220)     15 (235)    
Repurchase of common stock (in shares)     (5,182,831)          
Repurchase of common stock (634) (634)     (634)      
Issuance of common stock to donor-advised fund (in shares)     1,213,003          
Issuance of common stock to donor-advised fund 200 200     200      
Stock option exercises (in shares)     249,494          
Stock option exercises 8 8     8      
Other changes in equity of non-controlling interests $ 10 2     2     8
Ending balance (in shares) at Mar. 31, 2026 576,507,457   576,507,457          
Ending balance at Mar. 31, 2026 $ 39,533 $ 19,951   $ 1,398 $ 16,540 $ 5,157 $ (3,144) $ 19,582