APOS · Apollo Global Management, Inc.
$25.13
+0.05 (+0.20%)
At close · Oct 21
Return incl. dividend (before tax)
Market Cap
$66.02B
Shares
590.54M
Volume · Oct 21
14.72K
Avg daily vol (3M)
47.11K
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$25.08
Open$25.10
Day$25.05–25.26
52W close$25.04–26.67
Avg vol 30d40K
Last earningsNov 3, 2026
DataAug 2023–Oct 2026
Filing10-Q · Aug 10
Up next
Next earnings call
Nov 3, 2026
Scheduled
· in 2 wks
filed Aug 10, 2026
call held Aug 4, 2026
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Aug 4, 2026
Q2 FY26
TL;DR. Apollo reported record Q2 FRE of $785 million (up 25% YoY) and record SRE of $877 million, with $60 billion of organic inflows and maintained its 20%+ FRE growth and 10% SRE growth full-year guidance.
Bullish
- + Record FRE of $785 million, up 25% year-over-year, with FRE margin expanding 120 basis points YoY.
- + Record SRE of $877 million driven by stronger net spread and improving alternatives returns.
- + Record organic inflows of $60 billion in the quarter, with $38 billion in Asset Management and $22 billion at Athene.
- + Maintained full-year guidance of 20%+ FRE growth and 10% SRE growth.
- + $82 billion of dry powder, including $62 billion of future management fee potential, sets up embedded growth.
Bearish
- − Principal Investing Income fell to $16 million, down 66% year-over-year, as monetization activity remains delayed.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Mentioned in fund letters
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 4, 2026
Athene net inflows
· FY2026
$85B
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders illustrative — not investment adviceMarket signals — smart money & positioning
Bearish · 2 of 6
Trend (MA cross)
No cross
50d $25 › 200d $26 — 200d above 50d
Institutional flow
Distributing
204 of 1,194 funds reported for Sep 30 · net -19.7K sh shares · +13 new
Insider flow
Distributing
Net -$422.5K over 90 days · 100% sells
Short interest
Flat
No short-interest data
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,194 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $25
Now $25 · 2%
Range high $27
vs 200-day avg -3%
vs 50-day avg -1%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| alternative net investment income | $375M | the third quarter ended September 30, 2026 | — |
| annualized return on alternative net investments | 10% | the third quarter ended September 30, 2026 | — |
| annualized return on Athene's investment in a pooled investment vehicle | 9% | the third quarter ended September 30, 2026 | — |
| annualized return on Athene's investments in other alternative investments including Athene's in | 11% | the third quarter ended September 30, 2026 | — |
| Net Flows | $25.17B | the three months ended June 30, 2026 filing | — |
| Net investment earned rate | 5.25% | Three months ended June 30, 2026 filing | — |
| Adjusted Net Income non-GAAP | 1.31B | 2Q'26 | — |
| Adjusted Net Income ("ANI") non-GAAP | $1.31B | 2Q'26 | — |
| Adjusted Net Income, Excluding Notable Items non-GAAP | 1.31B | 2Q'26 | — |
| ANI per share non-GAAP | $2.11 | 2Q'26 | — |
| assets under management | $1.05T | as of June 30, 2026 | — |
| Athene annualized outflow rate | -9.9% | 2Q'26 | — |
| Athene Gross invested assets | $413.6B | 2Q'26 | — |
| Athene Net invested assets | $314.09B | 2Q'26 | — |
| Average net invested assets | 307.19B | 2Q'26 | — |
| Capital Utilized for share repurchases | $102M | 2Q'26 | — |
| Dry Powder | 82B | 2Q'26 | — |
| Fee and Spread Related Earnings non-GAAP | $1.66B | 2Q'26 | — |
| Fee Related Earnings ("FRE") non-GAAP | $785M | 2Q'26 | +25.2% |
|
|
|||
| Fee-Generating AUM ("FGAUM") | $858B | 2Q'26 | — |
| Fee-Generating AUM Inflows | $51.24B | 2Q'26 | — |
| Fee-Generating AUM Market Activity | $3.03B | 2Q'26 | — |
| Fee-Generating AUM Net Flows | $23.32B | 2Q'26 | — |
| Fee-Generating AUM Outflows | -$18.78B | 2Q'26 | — |
| Fee-Generating AUM Realizations | -$4.21B | 2Q'26 | — |
| FRE Margin non-GAAP | 58.5% | 2Q'26 | — |
| Gross Capital Deployment | $111B | 2Q'26 | — |
| Inflows | $298B | LTM | — |
| Net Accrued Performance Fees Receivable | 1.51B | 2Q'26 | — |
| Net Balance Sheet Value | 2.53B | 2Q'26 | — |
| Net Balance Sheet Value / AUM non-GAAP | 0.24% | 2Q'26 | — |
| Net Balance Sheet Value per share | $4.06 | 2Q'26 | — |
| Net investment spread non-GAAP | $1.13B | 2Q'26 | — |
| Net Spread | 1.14% | 2Q'26 | — |
| Origination | $74B | 2Q'26 | — |
| Outflows attributable to Athene | -$7.61B | 2Q'26 | — |
| Performance Fee-Eligible AUM | 340B | 2Q'26 | — |
| Performance Fee-Generating AUM | 210B | 2Q'26 | — |
| Perpetual Capital AUM | 621B | 2Q'26 | — |
| Principal Investing Income ("PII") non-GAAP | $16M | 2Q'26 | — |
| Retirement Services Gross organic inflows | $22.07B | 2Q'26 | — |
| Retirement Services Net flows | $11.93B | 2Q'26 | — |
| Retirement Services Total gross inflows | $22.07B | 2Q'26 | — |
| Retirement Services Total gross outflows | -$10.14B | 2Q'26 | — |
| Segment Income non-GAAP | $1.68B | 2Q'26 | — |
| Share Repurchase Plan Authorization Remaining | $3.03B | 2Q'26 | — |
| Spread Related Earnings | 877M | 2Q'26 | — |
| Spread Related Earnings ("SRE") non-GAAP | $877M | 2Q'26 | — |
| Spread Related Earnings, Excluding Notable Items non-GAAP | 877M | 2Q'26 | — |
| Total Assets Under Management ("AUM") | $1.05T | 2Q'26 | — |
| Total AUM Inflows | $59.68B | 2Q'26 | — |
| Total AUM Market Activity | $7.06B | 2Q'26 | — |
| Total AUM Net Flows | $25.17B | 2Q'26 | — |
| Total AUM Outflows | -$24.63B | 2Q'26 | — |
| Total AUM Realizations | -$11.32B | 2Q'26 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Asset Management — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
APOS
this stock
Apollo Global Management, Inc.
|
$66.02B | -4.8% | +22.7% | — | — |
|
BLK
BlackRock, Inc.
|
$366.31B | +5.5% | +16.2% | 27.0 | 0.6% |
|
BN
BROOKFIELD Corp
|
$83.46B | -18.7% | — | — | 1.0% |
|
BX
Blackstone Inc.
|
$82.83B | -28.4% | +9.2% | 24.7 | 3.0% |
|
KKR
KKR & Co. Inc.
|
$80.08B | -30.0% | -11.0% | — | 1.5% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| APOS | -1.6% | -1.2% | -2.6% | -2.2% | -4.8% |
| SPY | -1.2% | -0.6% | +8.1% | +0.8% | +12.8% |
| vs SPY | -0.5% | -0.7% | -10.7% | -3.0% | -17.6% |
Capital returns
Latest dividend
$0.477
/ share · ex Sep 1, 2026
Declared · upcoming
$0.4766
/ share · ex Dec 1, 2026
Paid (TTM)
$1.908
/ share · 4 payouts
Dividend yield (TTM, derived)
7.61%
Buyback program
· as of Feb 9, 2026
Authorized
$4.00B
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.