Apollo Global Management (APO) Net Cash Flow (2021 - 2026)
Apollo Global Management (APO) recorded quarterly Net Cash Flow of $3.2 billion in Q1 2026, up 624.58% quarter-over-quarter from -$602.0 million in Q4 2025, and up 297.13% on a YoY basis from $795.2 million in Q1 2025.
Apollo Global Management (APO) Net Cash Flow (2021 - 2026) Analysis & Trends
Apollo Global Management's Net Cash Flow history runs 6 years deep, the most recent figure standing at $3.2 billion for Q1 2026.
- In Q1 2026, Net Cash Flow rose 297.13% year-over-year to $3.2 billion; the TTM figure through Mar 2026 stood at $8.2 billion (up 295.81% YoY), while the FY2025 annual figure was $3.5 billion, up 703.12% from the prior year.
- Net Cash Flow was $3.2 billion for Q1 2026 at Apollo Global Management, up from -$602.0 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $10.4 billion in Q1 2022 to a low of -$3.3 billion in Q2 2023.
- Historically, Net Cash Flow has averaged $1.3 billion across 5 years, with a median of -$361.0 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Net Cash Flow sank 276.4% in 2022, then soared 1825.76% in 2025.
- A 5-year view of Net Cash Flow shows it stood at -$2.1 billion in 2022, then jumped by 254.24% to $3.3 billion in 2023, then tumbled by 115.63% to -$509.0 million in 2024, then slipped by 18.27% to -$602.0 million in 2025, then jumped by 624.58% to $3.2 billion in 2026.
- The last three Net Cash Flow figures came in at $3.2 billion (Q1 2026), -$602.0 million (Q4 2025), and $6.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | -1.56 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | -136.30 Mn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 2.40 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 3.16 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 2.09 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | -1.76 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 43.20 Mn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 1.45 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 106.44 Mn |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | -377.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.16 Bn |
| Mar 31, 2026 | 3.16 Bn |
| Dec 31, 2025 | -602.00 Mn |
| Dec 31, 2025 | -602.00 Mn |
| Sep 30, 2025 | 6.23 Bn |
| Sep 30, 2025 | 6.23 Bn |
| Jun 30, 2025 | -552.00 Mn |
| Jun 30, 2025 | -552.00 Mn |
| Mar 31, 2025 | -1.60 Bn |
| Mar 31, 2025 | -1.60 Bn |
| Dec 31, 2024 | -509.00 Mn |
| Dec 31, 2024 | -509.00 Mn |
| Sep 30, 2024 | -361.00 Mn |
| Sep 30, 2024 | -361.00 Mn |
| Jun 30, 2024 | -1.73 Bn |
| Jun 30, 2024 | -1.73 Bn |
| Mar 31, 2024 | 2.03 Bn |
| Mar 31, 2024 | 2.03 Bn |
| Dec 31, 2023 | 3.26 Bn |
| Dec 31, 2023 | 3.26 Bn |