Apollo Global Management, Inc.: Q1 FY2026 earnings call

What management said about Q1 FY2026, from the documents filed with the SEC on 6 May 2026: press release. The quarter’s numbers.

Key takeaways

Record fee-related earnings reported: The company reported record fee-related earnings for the first quarter ended March 31, 2026, as stated by chairman and CEO Marc Rowan. Source
Assets under management passed $1 trillion: Management said assets under management surpassed $1 trillion. The company stated approximately $1.03 trillion of assets under management at March 31, 2026. Source
Investment grade credit origination named: Management listed origination of investment grade credit, retirement solutions, and new products and capabilities as current areas of activity. Source
Athene described as retirement business: The company described Athene as its retirement services business, providing retirement savings products and acting as a solutions provider to institutions. Source
Common dividend of $0.5625 declared: The company declared a cash dividend of $0.5625 per common share for the first quarter ended March 31, 2026. Source
Preferred dividend of $0.8438 declared: The company declared and set aside a cash dividend of $0.8438 per share on its Mandatory Convertible Preferred Stock, payable July 31, 2026. Source

“a testament to the trust our clients place in us and a reminder of the value we create at scale.”
Marc Rowan, Chairman and Chief Executive Officer at Apollo

Results and growth drivers

Record fee-related earnings reported: The company reported record fee-related earnings for the first quarter ended March 31, 2026, as stated by chairman and CEO Marc Rowan. Source
Assets under management passed $1 trillion: Management said assets under management surpassed $1 trillion. The company stated approximately $1.03 trillion of assets under management at March 31, 2026. Source
Results credited to client trust: Management described the results as a testament to client trust in the company and to the value created at scale. Source

Products, origination and retirement

Investment grade credit origination named: Management listed origination of investment grade credit, retirement solutions, and new products and capabilities as current areas of activity. Source
Innovation and discipline cited as drivers: Management said innovation and discipline continue to drive the company forward. Source
Athene described as retirement business: The company described Athene as its retirement services business, providing retirement savings products and acting as a solutions provider to institutions. Source

“Whether we’re originating investment grade credit, delivering retirement solutions, or developing new products and capabilities, innovation and discipline continue to drive us forward.”
Marc Rowan, Chairman and Chief Executive Officer at Apollo

Asset management and profile

Asset management spans investment grade to private equity: The company said its asset management business seeks to provide clients excess return across the risk-reward spectrum. Source
Apollo described as alternative asset manager: The release describes Apollo as a global alternative asset manager. Source
Integrated platform cited for client returns: The company said its investing expertise across an integrated platform has served client return needs for more than three decades and provided businesses with capital for growth. Source

Capital and shareholder returns

Common dividend of $0.5625 declared: The company declared a cash dividend of $0.5625 per common share for the first quarter ended March 31, 2026. Source
Preferred dividend of $0.8438 declared: The company declared and set aside a cash dividend of $0.8438 per share on its Mandatory Convertible Preferred Stock, payable July 31, 2026. Source
Dividends at board's sole discretion: The release states that declaration and payment of dividends on both the common and mandatory convertible preferred stock are at the discretion of the board. Source

Investor access and events

Full presentation posted on IR site: The company issued a full detailed presentation of its first quarter results, viewable on its Investor Relations website at ir.apollo.com. Source
Webcast planned for May 6, 2026: Senior management planned a public audio webcast on May 6, 2026 at 8:30 a.m. Eastern Time to review the quarter's results. Source
Webcast replay offered at same link: A replay of the webcast was to be available at the same link one hour after the event. Source

People and contacts

Chairman and CEO Marc Rowan quoted: Marc Rowan, chairman and chief executive officer, provided the company's comments on the quarter in the release. Source
Investor relations head named: Noah Gunn is listed as Global Head of Investor Relations for investor inquiries. Source
Communications head named: Joanna Rose is listed as Global Head of Corporate Communications for media inquiries. Source

Coming up, as management said on 6 May 2026

Common dividend payable May 29: The common dividend is to be paid on May 29, 2026, to holders of record at the close of business on May 19, 2026. Source
Preferred dividend payable July 31: The Mandatory Convertible Preferred Stock dividend is to be paid on July 31, 2026, to holders of record on July 15, 2026. Source

Other quarters

Summarised with AI from the documents the company filed with the SEC. Every point is checked against the filing before it is shown: management’s own words word for word, figures against the line or table row they come from. A point that fails the check is left out. Source opens the filing at that line.

As filed with the SEC

Open the filing on EDGAR

Apollo Reports First Quarter 2026 Results

New York, May 6, 2026 - Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the first quarter ended March 31, 2026.

Marc Rowan, Chairman and Chief Executive Officer at Apollo said, “Our first quarter results set a strong tone for the year, with record fee-related earnings and assets under management surpassing $1 trillion - a testament to the trust our clients place in us and a reminder of the value we create at scale. Whether we’re originating investment grade credit, delivering retirement solutions, or developing new products and capabilities, innovation and discipline continue to drive us forward.”

Apollo issued a full detailed presentation of its first quarter ended March 31, 2026 results, which can be viewed on Apollo’s Investor Relations website at ir.apollo.com.

Dividend

Apollo Global Management, Inc. has declared a cash dividend of $0.5625 per share of its Common Stock for the first quarter ended March 31, 2026. This dividend will be paid on May 29, 2026 to holders of record at the close of business on May 19, 2026.

Apollo Global Management, Inc. has also declared and set aside for payment a cash dividend of $0.8438 per share of its Mandatory Convertible Preferred Stock, which will be paid on July 31, 2026 to holders of record at the close of business on July 15, 2026.

The declaration and payment of dividends on the Common Stock and the Mandatory Convertible Preferred Stock are at the sole discretion of Apollo Global Management, Inc.’s board of directors. Apollo cannot assure its stockholders that they will receive any dividends in the future.

Conference Call

Apollo will host a public audio webcast on Wednesday, May 6, 2026 at 8:30 a.m. Eastern Time. During the webcast, members of Apollo’s senior management team will review Apollo’s financial results for the first quarter ended March 31, 2026.

The webcast may be accessed at ir.apollo.com. For those unable to listen to the live broadcast, there will be a replay of the webcast available at the same link one hour after the event.

Apollo distributes its earnings releases via its website and email distribution lists. Those interested in receiving firm updates by email can sign up for them at ir.apollo.com.

About Apollo

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2026, Apollo had approximately $1.03 trillion of assets under management. To learn more, please visit www.apollo.com.

Forward-Looking Statements

Forward-looking statements notice

In this press release, references to “Apollo,” “we,” “us,” “our” and the “Company” refer collectively to Apollo Global Management, Inc. and its subsidiaries, or as the context may otherwise require. This press release may contain forward-looking statements that are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, discussions related to Apollo’s expectations regarding the performance of its business, its liquidity and capital resources and other non-historical statements. These forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. When used in this press release, the words “believe,” “anticipate,” “estimate,” “expect,” “intend” and similar expressions are intended to identify forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. These statements are subject to certain risks, uncertainties and assumptions, including risks relating to inflation, interest rate fluctuations and market conditions generally, international trade barriers, domestic or international political developments and other geopolitical events, including geopolitical tensions and hostilities, the impact of energy market dislocation, our ability to manage our growth, our ability to operate in highly competitive environments, the performance of the funds we manage, our ability to raise new funds, the variability of our revenues, earnings and cash flow, the accuracy of management’s assumptions and estimates, our dependence on certain key personnel, our use of leverage to finance our businesses and investments by the funds we manage, Athene’s ability to maintain or improve financial strength ratings, the impact of Athene’s reinsurers failing to meet their assumed obligations, Athene’s ability to manage its business in a highly regulated industry, changes in our regulatory environment and tax status, and litigation risks, among others. We believe these factors include but are not limited to those described under the section entitled “Risk Factors” in our annual report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 25, 2026, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law. This press release does not constitute an offer of any Apollo fund.

Investor and Media Relations Contacts

For investors please contact:

Noah Gunn

Global Head of Investor Relations

Apollo Global Management, Inc.

212-822-0540 ir@apollo.com

For media inquiries please contact:

Joanna Rose

Global Head of Corporate Communications

Apollo Global Management, Inc.

212-822-0491 communications@apollo.com