Apollo Global Management (APO) Cost of Revenue (2024 - 2026)
Apollo Global Management (APO) posted Cost of Revenue of $613.0 million for Q2 2026, down 4.07% on a QoQ basis from $639.0 million in Q1 2026, and up 11.45% year-over-year from $550.0 million in Q2 2025.
Analysis
Apollo Global Management (APO) Cost of Revenue (2024 - 2026) Analysis & Trends
Apollo Global Management has reported Cost of Revenue for 3 years, with the latest figure at $613.0 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 11.45% year-over-year to $613.0 million in Q2 2026; TTM through Jun 2026 was $4.6 billion, a 84.09% increase from a year earlier, with the FY2025 full-year figure at $4.4 billion, up 45.15% from the prior year.
- Cost of Revenue was $613.0 million for Q2 2026 at Apollo Global Management, down from $639.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $2.8 billion in Q4 2025, with the low at $542.0 million in Q1 2025.
- Average Cost of Revenue over 3 years is $890.6 million, with a median of $618.0 million recorded in 2024.
- The largest YoY upside for Cost of Revenue was 341.73% in 2025 against a maximum downside of 22.7% in 2025.
- Over 3 years, Cost of Revenue stood at $623.0 million in 2024, then jumped by 341.73% to $2.8 billion in 2025, then sank by 77.73% to $613.0 million in 2026.
- The last three Cost of Revenue figures came in at $613.0 million (Q2 2026), $639.0 million (Q1 2026), and $2.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 103.57 Bn | 101.06 Bn | - | - |
| 2 | Kkr | 93.46 Bn | -183.61 Bn | - | - |
| 3 | Apollo Global Management | 77.60 Bn | 52.22 Bn | 10.54 Bn | 613.00 Mn |
| 4 | Brookfield Asset Management | 76.45 Bn | 74.94 Bn | - | - |
| 5 | Wheaton Precious Metals | 71.34 Bn | 71.24 Bn | 687.86 Mn | 241.35 Mn |
| 6 | Franco Nevada | 51.21 Bn | 49.67 Bn | 451.00 Mn | 45.90 Mn |
| 7 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | 22.00 Mn |
| 8 | Ares Management | 30.49 Bn | 30.49 Bn | - | - |
| 9 | Carlyle | 15.82 Bn | 14.57 Bn | - | - |
| 10 | Tpg | 8.08 Bn | 7.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 613.00 Mn |
| Mar 31, 2026 | 639.00 Mn |
| Dec 31, 2025 | 2.75 Bn |
| Sep 30, 2025 | 613.00 Mn |
| Jun 30, 2025 | 550.00 Mn |
| Mar 31, 2025 | 542.00 Mn |
| Dec 31, 2024 | 623.00 Mn |
| Sep 30, 2024 | 793.00 Mn |