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
DateValue
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