Apollo Global Management (APO) Gross Margin (2024 - 2026)
Apollo Global Management (APO) reported Gross Margin of 94.67% for Q2 2026, up 2.41 percentage points from 92.27% a year earlier and up 7.31 percentage points from the prior quarter.
Powered by 
Analysis
Apollo Global Management (APO) Gross Margin (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Apollo Global Management's Gross Margin came in at 87.19%, down 3.04 percentage points year-over-year; for FY2025, it was 86.17%, down 2.14 percentage points from FY2024.
- By year, Gross Margin came in at 88.31% in FY2024 (+32.52 pp) and 55.78% in FY2023.
- The Q2 2026 figure ranks as the highest quarterly Gross Margin in data going back to Q3 2024.
- Year over year, Gross Margin gained in two of the last four quarters, with an average year-over-year change of -3.15 percentage points.
- Per Business Quant data, the three quarters before Q2 2026 came in at 87.37% (Q1 2026), 72.10% (Q4 2025) and 93.76% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.61 Bn | 131.13 Bn | - | - |
| 2 | Spdr Gold Trust | 137.36 Bn | -420.64 Bn | - | - |
| 3 | Blackstone | 99.44 Bn | 89.42 Bn | - | - |
| 4 | Brookfield | 96.58 Bn | -86.73 Bn | - | - |
| 5 | Kkr | 87.72 Bn | 7.87 Bn | - | - |
| 6 | Brookfield Asset Management | 86.65 Bn | 81.46 Bn | - | - |
| 7 | Apollo Global Management | 73.80 Bn | -12.36 Bn | 4.14 Bn | 87.44% |
| 8 | Wheaton Precious Metals | 65.20 Bn | 60.63 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 50.85 Bn | 48.21 Bn | 451.00 Mn | 77.64% |
| 10 | Ameriprise Financial | 47.61 Bn | 9.51 Bn | 4.89 Bn | 94.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 87.44% |
| Jun 30, 2026 | 94.67% |
| Mar 31, 2026 | 87.37% |
| Dec 31, 2025 | 72.10% |
| Sep 30, 2025 | 93.76% |
| Jun 30, 2025 | 92.27% |
| Mar 31, 2025 | 90.25% |
| Dec 31, 2024 | 88.21% |
| Sep 30, 2024 | 89.80% |
API Access
Apollo Global Management Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=APO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "APO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=APO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();