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Apollo Global Management, Inc.

For the period ended Dec 31, 2025. Filed Feb 25, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 25, 2026

APO$122.74+0.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Financial Statements and Supplementary Data

Index to Consolidated Financial Statements

Report of Independent Registered Public Accounting Firm (PCAOB ID No.34)141
Consolidated Statements of Financial Condition145
Consolidated Statements of Operations147
Consolidated Statements of Comprehensive Income (Loss)148
Consolidated Statements of Equity149
Consolidated Statements of Cash Flows152
Notes to Consolidated Financial Statements154
Note 1. Organization154
Note 2. Summary of Significant Accounting Policies154
Note 3. Business Combination175
Note 4. Investments178
Note 5. Derivatives187
Note 6. Variable Interest Entities191
Note 7. Fair Value194
Note 8. Reinsurance213
Note 9. Deferred Acquisition Costs, Deferred Sales Inducements and Value of Business Acquired215
Note 10. Goodwill216
Note 11. Long-duration Contracts216
Note 12. Profit Sharing Payable228
Note 13. Income Taxes228
Note 14. Debt234
Note 15. Equity-Based Compensation237
Note 16. Equity239
Note 17. Earnings per Share244
Note 18. Related Parties245
Note 19. Commitments and Contingencies250
Note 20. Statutory Requirements254
Note 21. Segments257
Note 22. Subsequent Events262
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.