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
DateValue
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