Apollo Global Management (APOS) Cost of Revenue (2024 - 2026)
Apollo Global Management (APOS) recorded quarterly Cost of Revenue of $15.0 million in Q1 2026, down 99.61% quarter-over-quarter from $3.9 billion in Q4 2025, and down 97.23% on a YoY basis from $542.0 million in Q1 2025.
Apollo Global Management (APOS) Cost of Revenue (2024 - 2026) Analysis & Trends
Apollo Global Management's Cost of Revenue history runs 3 years deep, the most recent figure standing at $15.0 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 97.23% year-over-year to $15.0 million; the TTM figure through Mar 2026 stood at $5.0 billion (changed N/A YoY), while the FY2025 annual figure was $4.4 billion, up 45.15% from the prior year.
- Cost of Revenue was $15.0 million for Q1 2026 at Apollo Global Management, down from $3.9 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $3.9 billion in Q4 2025 to a low of $15.0 million in Q1 2026.
- Historically, Cost of Revenue has averaged $1.4 billion across 3 years, with a median of $557.5 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Cost of Revenue jumped 264.97% in 2025, then sank 97.23% in 2026.
- A 3-year view of Cost of Revenue shows it stood at $3.0 billion in 2024, then gained by 29.39% to $3.9 billion in 2025, then sank by 99.61% to $15.0 million in 2026.
- The last three Cost of Revenue figures came in at $15.0 million (Q1 2026), $3.9 billion (Q4 2025), and $573.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | - |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | - |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | - |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 15.00 Mn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 317.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | - |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | - |
| 10 | Apollo Global Management | - | - | 5.04 Bn | 15.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.00 Mn |
| Mar 31, 2026 | 15.00 Mn |
| Dec 31, 2025 | 3.89 Bn |
| Dec 31, 2025 | 3.89 Bn |
| Sep 30, 2025 | 573.00 Mn |
| Sep 30, 2025 | 573.00 Mn |
| Mar 31, 2025 | 542.00 Mn |
| Mar 31, 2025 | 542.00 Mn |
| Dec 31, 2024 | 3.01 Bn |
| Dec 31, 2024 | 3.01 Bn |
| Sep 30, 2024 | 157.00 Mn |
| Sep 30, 2024 | 157.00 Mn |