Apollo Global Management (APO) Gross Margin (2024 - 2026)
Apollo Global Management (APO) posted quarterly Gross Margin of 188.48% for Q1 2026, down 28560.0% year-over-year from N/an in Q1 2025, and down 439.39% quarter-over-quarter from 55.54% in Q4 2025.
Apollo Global Management (APO) Gross Margin (2024 - 2026) Analysis & Trends
Apollo Global Management's Gross Margin history runs 3 years deep, the most recent figure standing at 188.48% for Q1 2026.
- In Q1 2026, Gross Margin fell 28560.0% year-over-year to 188.48%; the TTM figure through Mar 2026 stood at 73.61% (changed N/A YoY), while the FY2025 annual figure was 86.17%, up 21788.0% from the prior year.
- Gross Margin for Q1 2026 stood at 188.48%, down from 55.54% in the prior quarter.
- The five-year high for Gross Margin was 113.9% in Q4 2024, with the low at 188.48% in Q1 2026.
- The 3-year median for Gross Margin is 95.44% (2025), against an average of 45.06%.
- The sharpest annual moves came in 2025 and 2026: Gross Margin tumbled 480 bps in 2025, then sank 28560 bps in 2026.
- Apollo Global Management's Gross Margin stood at 113.9% in 2024, then slumped by 51 bps to 55.54% in 2025, then slumped by 439 bps to 188.48% in 2026.
- Business Quant data shows APO's Gross Margin at 188.48% in Q1 2026, 55.54% in Q4 2025, and 93.76% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | - |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | - |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | - |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | - |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 94.50% |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 94.14% |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | - |
| 10 | Raymond James Financial | 33.40 Bn | 20.15 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 94.50% |
| Mar 31, 2026 | -188.48% |
| Dec 31, 2025 | 55.54% |
| Sep 30, 2025 | 93.76% |
| Mar 31, 2025 | 97.12% |
| Dec 31, 2024 | 113.90% |
| Sep 30, 2024 | 98.56% |