Apollo Global Management (APO) Interest Expenses (2021 - 2026)

Apollo Global Management's (APO) quarterly Interest Expenses came in at $3.3 billion in Q1 2026, up 28.57% year-on-year from $2.5 billion in Q1 2025, and up 301.73% quarter-over-quarter from $810.0 million in Q4 2025.

Apollo Global Management (APO) Interest Expenses (2021 - 2026) Analysis & Trends

Apollo Global Management's Interest Expenses history runs 6 years deep, the most recent figure standing at $3.3 billion for Q1 2026.

  • On a quarterly basis, Interest Expenses rose 28.57% year-over-year to $3.3 billion in Q1 2026; TTM through Mar 2026 was $1.4 billion, a 160.31% increase from a year earlier, with the FY2025 full-year figure at $12.3 billion, down 24.4% from the prior year.
  • Interest Expenses grew to $3.3 billion in Q1 2026 per APO's latest filing, from $810.0 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $13.6 billion in Q2 2025 and bottomed at -$5.2 billion in Q4 2024.
  • The 5-year median for Interest Expenses is $724.0 million (2023), against an average of $2.1 billion.
  • Across the five-year window, Interest Expenses sank 226.47% in 2024 and surged 11323.53% in 2025, its largest moves.
  • Year by year, Interest Expenses stood at $699.0 million in 2022, then jumped by 483.26% to $4.1 billion in 2023, then sank by 226.47% to -$5.2 billion in 2024, then surged by 115.71% to $810.0 million in 2025, then jumped by 301.73% to $3.3 billion in 2026.
  • Per Business Quant, the three latest APO Interest Expenses figures stand at $3.3 billion (Q1 2026), $810.0 million (Q4 2025), and $12.2 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - 134.00 Mn
3 Blackstone 97.77 Bn 96.72 Bn - 137.05 Mn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 3.25 Bn
5 State Street 51.30 Bn 51.30 Bn - 1.78 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 142.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.58 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 483.00 Mn
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 Principal Financial 23.31 Bn -27.00 Bn -463.00 Mn 5.68 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.25 Bn
Mar 31, 2026 3.25 Bn
Dec 31, 2025 810.00 Mn
Dec 31, 2025 810.00 Mn
Sep 30, 2025 12.21 Bn
Sep 30, 2025 12.21 Bn
Jun 30, 2025 13.59 Bn
Jun 30, 2025 13.59 Bn
Mar 31, 2025 2.53 Bn
Mar 31, 2025 2.53 Bn
Dec 31, 2024 -5.16 Bn
Dec 31, 2024 -5.16 Bn
Sep 30, 2024 120.00 Mn
Sep 30, 2024 120.00 Mn
Jun 30, 2024 119.00 Mn
Jun 30, 2024 119.00 Mn
Mar 31, 2024 1.69 Bn
Mar 31, 2024 1.69 Bn
Dec 31, 2023 4.08 Bn
Dec 31, 2023 4.08 Bn