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

Apollo Global Management has reported Operating Expenses for 6 years, with the latest figure at $8.7 billion in Q2 2026.

• On a quarterly basis, Operating Expenses rose 52.87% year-over-year to $8.7 billion in Q2 2026; TTM through Jun 2026 was $28.6 billion, a 46.41% increase from a year earlier, with the FY2025 full-year figure at $25.3 billion, up 33.23% from the prior year.
• Operating Expenses was $8.7 billion for Q2 2026 at Apollo Global Management, up from $4.7 billion in the prior quarter.
• The five-year high for Operating Expenses was $12.8 billion in Q2 2023, with the low at $1.8 billion in Q3 2023.
• Average Operating Expenses over 5 years is $5.6 billion, with a median of $4.8 billion recorded in 2024.
• The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 629.99% in 2022, then slumped 64.27% in 2024.
• Over 5 years, Operating Expenses stood at $3.7 billion in 2022, then jumped by 151.16% to $9.2 billion in 2023, then plunged by 59.77% to $3.7 billion in 2024, then soared by 121.05% to $8.2 billion in 2025, then rose by 7.13% to $8.7 billion in 2026.
• The last three Operating Expenses figures came in at $8.7 billion (Q2 2026), $4.7 billion (Q1 2026), and $8.2 billion (Q4 2025), per Business Quant data.