Apollo Global Management, Inc.: Q3 FY2026 earnings call

What management said about Q3 FY2026, from the documents filed with the SEC on 3 November 2026: press release. The quarter’s numbers.

Key takeaways

Management tied results to flywheel: Management said the quarter's results reflect the flywheel of its model, which begins with originating increasing amounts of good assets. Source
Core earnings power expected to grow: Management said core earnings power is growing and expects a close to 2026 and a setup for 2027. The release gives no earnings figures. Source
Quarterly origination set a new high: Management described the quarter's origination as a new high. The dollar amount is given in the sector figures. Source
Client inflows over twelve months: Management reported these inflows over the same twelve-month period as the activity figure. Source
Assets under management near $1.07 trillion: The company reported this total as of September 30, 2026, in its description of Apollo. Source
Quarterly dividend of $0.5625 declared: The company declared a cash dividend per share of its Common Stock for the quarter ended September 30, 2026. Source

“Our strong third quarter results reflect the flywheel of our model, which starts with originating increasing amounts of good assets.”
Marc Rowan, Chairman and Chief Executive Officer

Results and momentum

Management tied results to flywheel: Management said the quarter's results reflect the flywheel of its model, which begins with originating increasing amounts of good assets. Source
Record pipelines cited for momentum: Management said record pipelines and tangible momentum across the business sit behind the core earnings power it describes. Source
Core earnings power expected to grow: Management said core earnings power is growing and expects a close to 2026 and a setup for 2027. The release gives no earnings figures. Source

Origination and client flows

Quarterly origination set a new high: Management described the quarter's origination as a new high. The dollar amount is given in the sector figures. Source
Twelve-month activity topped $350 billion: Management cited trailing twelve-month activity alongside the quarter's origination figure. Source
Client inflows over twelve months: Management reported these inflows over the same twelve-month period as the activity figure. Source

“Origination reached a new high of $114 billion in the quarter, and over the last twelve months, activity exceeded $350 billion while our clients entrusted us with $270 billion of inflows.”
Marc Rowan, Chairman and Chief Executive Officer

Assets, platform and businesses

Assets under management near $1.07 trillion: The company reported this total as of September 30, 2026, in its description of Apollo. Source
Asset management spans full risk spectrum: Management says the asset management business seeks excess return at every point, from investment grade credit to private equity. Source
Athene runs retirement services: Athene provides retirement savings products and acts as a solutions provider to institutions, the release says. Source

Strategy and track record

Mission to build a better Apollo: Management describes its mission as clear and ongoing, as stated in the Chairman and Chief Executive Officer's remarks. Source
Positioned to lead financial services: Management said Apollo is well positioned to lead the next generation of financial services. Source
Integrated platform serves return needs: The company says its investing expertise across a fully integrated platform has served clients' return needs for more than three decades. Source

“Behind record pipelines and tangible momentum across the business, our core earnings power is growing and poised for a robust close to 2026 with a strong setup for 2027.”
Marc Rowan, Chairman and Chief Executive Officer

Capital and shareholder returns

Quarterly dividend of $0.5625 declared: The company declared a cash dividend per share of its Common Stock for the quarter ended September 30, 2026. Source
Dividends at board discretion: The company says declaration and payment of dividends are at the sole discretion of its board of directors. Source
No assurance of future dividends: The company says it cannot assure stockholders that they will receive any dividends in the future. Source

Investor communications and contacts

Full presentation published on website: The company says a full detailed presentation of the quarter results can be viewed on its investor relations website. Source
Investor relations contact named: Noah Gunn, Global Head of Investor Relations, is listed for investor questions. Source
Media contact named: Joanna Rose, Global Head of Corporate Communications, is listed for media inquiries. Source

Coming up, as management said on 3 November 2026

Dividend payment and record date: Dividend payment is set for November 30, 2026, to holders of record at the close of business on November 18, 2026. Source

Figures management reported

Figure	Reported
Origination, quarter Source	$114 billion
Activity, last twelve months Source	more than $350 billion
Client inflows, last twelve months Source	$270 billion
Assets under management, September 30, 2026 Source	approximately $1.07 trillion

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 Third Quarter 2026 Results

New York, November 3, 2026 - Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the third quarter ended September 30, 2026.

Marc Rowan, Chairman and Chief Executive Officer at Apollo said, “Our strong third quarter results reflect the flywheel of our model, which starts with originating increasing amounts of good assets. Origination reached a new high of $114 billion in the quarter, and over the last twelve months, activity exceeded $350 billion while our clients entrusted us with $270 billion of inflows. Behind record pipelines and tangible momentum across the business, our core earnings power is growing and poised for a robust close to 2026 with a strong setup for 2027. Our mission remains clear: we are continuing to build a better, faster, stronger Apollo that is well positioned to lead the next generation of financial services.”

Apollo issued a full detailed presentation of its third quarter ended September 30, 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 third quarter ended September 30, 2026. This dividend will be paid on November 30, 2026 to holders of record at the close of business on November 18, 2026.

The declaration and payment of dividends on the Common 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 Tuesday, November 3, 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 third quarter ended September 30, 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 September 30, 2026, Apollo had approximately $1.07 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