Apollo Global Management (APO) Change in Inventory (2021 - 2026)
Apollo Global Management's (APO) quarterly Change in Inventory came in at $3.0 billion in Q1 2026, up 247.88% year-on-year from $871.0 million in Q1 2025, and up 29.65% quarter-over-quarter from $2.3 billion in Q4 2025.
Apollo Global Management (APO) Change in Inventory (2021 - 2026) Analysis & Trends
Apollo Global Management's Change in Inventory history runs 6 years deep, the most recent figure standing at $3.0 billion for Q1 2026.
- On a quarterly basis, Change in Inventory rose 247.88% year-over-year to $3.0 billion in Q1 2026; TTM through Mar 2026 was $9.0 billion, a 83.16% increase from a year earlier, with the FY2025 full-year figure at $6.9 billion, up 23.25% from the prior year.
- Change in Inventory rose to $3.0 billion in Q1 2026 per APO's latest filing, from $2.3 billion in the prior quarter.
- Across five years, Change in Inventory topped out at $6.0 billion in Q1 2022 and bottomed at -$1.3 billion in Q4 2022.
- The 5-year median for Change in Inventory is $1.5 billion (2024), against an average of $1.7 billion.
- Biggest YoY gain for Change in Inventory was 272.87% in 2022; the steepest drop was 168.77% in 2022.
- Year by year, Change in Inventory stood at -$1.3 billion in 2022, then jumped by 177.77% to $983.0 million in 2023, then dropped by 23.19% to $755.0 million in 2024, then soared by 209.54% to $2.3 billion in 2025, then rose by 29.65% to $3.0 billion in 2026.
- Per Business Quant, the three latest APO Change in Inventory figures stand at $3.0 billion (Q1 2026), $2.3 billion (Q4 2025), and $2.8 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | -198.00 Mn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 3.03 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 15.00 Mn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 39.20 Mn |
| 10 | Principal Financial | 23.31 Bn | -27.00 Bn | -463.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.03 Bn |
| Mar 31, 2026 | 3.03 Bn |
| Dec 31, 2025 | 2.34 Bn |
| Dec 31, 2025 | 2.34 Bn |
| Sep 30, 2025 | 2.84 Bn |
| Sep 30, 2025 | 2.84 Bn |
| Jun 30, 2025 | 848.00 Mn |
| Jun 30, 2025 | 848.00 Mn |
| Mar 31, 2025 | 871.00 Mn |
| Mar 31, 2025 | 871.00 Mn |
| Dec 31, 2024 | 755.00 Mn |
| Dec 31, 2024 | 755.00 Mn |
| Sep 30, 2024 | 1.54 Bn |
| Sep 30, 2024 | 1.54 Bn |
| Jun 30, 2024 | 1.78 Bn |
| Jun 30, 2024 | 1.78 Bn |
| Mar 31, 2024 | 1.52 Bn |
| Mar 31, 2024 | 1.52 Bn |
| Dec 31, 2023 | 983.00 Mn |
| Dec 31, 2023 | 983.00 Mn |