Growth Metrics

Apollo Global Management (APO) Free Cash Flow (2021 - 2026)

Apollo Global Management's quarterly Free Cash Flow came in at $1.6 billion in Q1 2026, up 60.08% year-on-year from $1.0 billion in Q1 2025, and down 65.3% quarter-over-quarter from $4.7 billion in Q4 2025.

Apollo Global Management has reported Free Cash Flow for 6 years, with the latest figure at $1.6 billion in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 60.08% year-over-year to $1.6 billion; the trailing twelve-month figure through Mar 2026 stood at $7.9 billion (up 87.22% YoY), and the FY2025 full-year result was $7.2 billion, up 122.75% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $1.6 billion, down from $4.7 billion in the prior quarter.
  • The five-year high for Free Cash Flow was $4.7 billion in Q4 2025, with the low at -$4.0 billion in Q1 2022.
  • Average Free Cash Flow over 5 years is $1.3 billion, with a median of $1.3 billion recorded in 2024.
  • Year-over-year, Free Cash Flow tumbled 1643.67% in 2022 and soared 116825.0% in 2025.
  • Tracing APO's Free Cash Flow over 5 years: stood at $1.5 billion in 2022, then soared by 40.89% to $2.1 billion in 2023, then plunged by 100.19% to -$4.0 million in 2024, then soared by 116825.0% to $4.7 billion in 2025, then plunged by 65.3% to $1.6 billion in 2026.
  • The last three Free Cash Flow figures came in at $1.6 billion (Q1 2026), $4.7 billion (Q4 2025), and $303.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -1.09 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 957.64 Mn
3 Kkr 84.94 Bn 132.45 Bn - 1.72 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 332.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 1.62 Bn
6 State Street 44.42 Bn 18.75 Bn - -12.41 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 430.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - -329.40 Mn
9 Ares Management 28.85 Bn 32.22 Bn - 390.87 Mn
10 Raymond James Financial 28.62 Bn 17.38 Bn - 1.05 Bn

Historic Data

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DateValue
Mar 31, 2026 1.62 Bn
Mar 31, 2026 1.62 Bn
Dec 31, 2025 4.67 Bn
Dec 31, 2025 4.67 Bn
Sep 30, 2025 303.00 Mn
Sep 30, 2025 303.00 Mn
Jun 30, 2025 1.26 Bn
Jun 30, 2025 1.26 Bn
Mar 31, 2025 1.01 Bn
Mar 31, 2025 1.01 Bn
Dec 31, 2024 -4.00 Mn
Dec 31, 2024 -4.00 Mn
Sep 30, 2024 1.85 Bn
Sep 30, 2024 1.85 Bn
Jun 30, 2024 1.33 Bn
Jun 30, 2024 1.33 Bn
Mar 31, 2024 70.00 Mn
Mar 31, 2024 70.00 Mn
Dec 31, 2023 2.06 Bn
Dec 31, 2023 2.06 Bn
Sep 30, 2023 -364.00 Mn
Sep 30, 2023 -364.00 Mn
Jun 30, 2023 3.55 Bn
Jun 30, 2023 3.55 Bn
Mar 31, 2023 1.07 Bn
Mar 31, 2023 1.07 Bn
Dec 31, 2022 1.47 Bn
Dec 31, 2022 1.47 Bn
Sep 30, 2022 2.34 Bn
Sep 30, 2022 2.34 Bn
Jun 30, 2022 3.97 Bn
Jun 30, 2022 3.97 Bn
Mar 31, 2022 -3.99 Bn
Mar 31, 2022 -3.99 Bn
Dec 31, 2021 -1.07 Bn
Dec 31, 2021 -1.07 Bn
Sep 30, 2021 1.04 Bn
Sep 30, 2021 1.04 Bn
Jun 30, 2021 1.32 Bn
Jun 30, 2021 1.32 Bn
Mar 31, 2021 -229.00 Mn
Mar 31, 2021 -229.00 Mn