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| Date | Value |
|---|---|
| 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 |