Asset Management & Retirement Segments was the largest of Apollo Global Management, Inc.’s 3 reported lines in fiscal 2025, at $101.05B — 73% of $138.40B.
| Segment | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Asset Management & Retirement Segments | — | — | $82.48B | $101.05B |
| Retirement Services | $34.83B | $48.38B | $9.11B | $12.35B |
| Asset Management | $13.10B | $15.82B | $20.88B | $25.00B |
| Principal Investing | $4.63B | — | — | — |
| Total | $52.55B | $64.20B | $112.47B | $138.40B |
In fiscal 2025, which ended December 31, 2025, the 3 segments Apollo Global Management, Inc. reported in this breakdown added up to $138.40B. That was up 23.1% from $112.47B in fiscal 2024. Asset Management & Retirement Segments was the largest segment, at $101.05B or 73.0% of the total, followed by Asset Management ($25.00B, 18.1%) and Retirement Services ($12.35B, 8.9%). Together, the two largest segments made up 91.1% of this total.
Compared with fiscal 2024, Retirement Services grew the fastest, rising 35.6% to $12.35B. Every sizeable segment reported in both years grew.
Asset Management & Retirement Segments was first reported as a separate segment in fiscal 2024. The table also keeps 1 segment that Apollo Global Management, Inc. no longer reports, so earlier years can still be read on their original basis; use "Show 1 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2022 to 2025, as reported in Apollo Global Management, Inc.'s annual filings.
Payout Annuities With Life Contingencies was the largest of Apollo Global Management, Inc.’s 3 reported lines in fiscal 2023, at $52.52B — 82% of $63.75B.
| Product and Service | FY 2023 |
|---|---|
| Payout Annuities With Life Contingencies | $52.52B |
| Whole Life | $11.07B |
| Reconciling Items | $155.00M |
| Total | $63.75B |
In fiscal 2023, which ended December 31, 2023, the 3 revenue lines Apollo Global Management, Inc. reported in this breakdown added up to $63.75B. Payout Annuities With Life Contingencies was the largest revenue line, at $52.52B or 82.4% of the total, followed by Whole Life ($11.07B, 17.4%) and Reconciling Items ($155.00M, 0.2%). Together, the two largest revenue lines made up 99.8% of this total.
This breakdown covers every fiscal year from 2023 to 2023, as reported in Apollo Global Management, Inc.'s annual filings.
Apollo Global Management, Inc. (APO) breaks its revenue down by segment and revenue line. In fiscal 2025, its largest segment was Asset Management & Retirement Segments, with $101.05B or 73.0% of the total, followed by Asset Management at $25.00B (18.1%).
Asset Management & Retirement Segments was Apollo Global Management, Inc.'s largest segment in fiscal 2025, with $101.05B in revenue, 73.0% of the $138.40B reported across its 3 segments.
Payout Annuities With Life Contingencies was Apollo Global Management, Inc.'s largest revenue line in fiscal 2023, with $52.52B in revenue, 82.4% of the $63.75B reported across its 3 revenue lines.
Of the Apollo Global Management, Inc. segments reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Retirement Services grew the fastest, rising 35.6% from $9.11B to $12.35B.
Every figure is taken from Apollo Global Management, Inc.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by segment covers fiscal 2022 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.