Consolidated Entity Excluding Variable Interest Entities (Vie) was Athene Holding’s largest revenue line in fiscal 2025, bringing in $136.40B of $137.86B (99%).
| Consolidated Entities | FY 2018 | FY 2018 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Consolidated Entity Excluding Variable Interest Entities (Vie) | $110.83B | $136.40B | ||
| Related Party | $11.54B | — | ||
| Variable Interest Entities | $1.06B | $1.46B | ||
| Total | $123.43B | $137.86B |
Athene Holding brought in $137.86B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. Athene Holding regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $123.43B. Consolidated Entity Excluding Variable Interest Entities (Vie) was the largest at $136.40B (98.9%), ahead of Variable Interest Entities at $1.46B (1.1%).
Athene Holding stopped reporting Related Party as a separate revenue line after fiscal 2024, when it brought in $11.54B.
Mortgage Loans, Net Of Allowances was Athene Holding’s largest revenue line in fiscal 2024, bringing in $26.37B of $43.19B (61%).
| Investment Type | FY 2018 | FY 2021 | FY 2022 | FY 2024 |
|---|---|---|---|---|
| Foreign Currency Forwards | $25.68B | $29.33B | — | |
| Afs Securities | — | — | — | |
| Mortgage Loans, Net Of Allowances | $5.61B | $8.83B | $26.37B | |
| Funds Withheld At Interest | $5.47B | $12.91B | $9.23B | |
| Investment Funds | $13.36B | $63.00M | — | |
| Other Investments | $1.90B | — | $5.84B | |
| Trading Securities | $1.82B | $1.36B | $1.13B | |
| Equity Securities | $133.00M | $448.00M | $630.00M | |
| Total | $53.96B | $52.93B | $43.19B |
Athene Holding brought in $43.19B from its five revenue lines in fiscal 2024, the year ended December 31, 2024. Athene Holding regrouped these revenue lines after fiscal 2022, so the total does not compare directly with that year's $52.93B. Mortgage Loans, Net Of Allowances was the largest at $26.37B (61.1%), ahead of Funds Withheld At Interest at $9.23B (21.4%) and Other Investments at $5.84B (13.5%). The other two revenue lines brought in $1.76B combined.
Compared with fiscal 2022, the previous year with figures, Mortgage Loans, Net Of Allowances grew fastest, up 198.7% to $26.37B, while Funds Withheld At Interest fell the most, down 28.5% to $9.23B.
Athene Holding stopped reporting Foreign Currency Forwards ($29.33B in fiscal 2022) and Investment Funds ($63.00M in fiscal 2022) as separate revenue lines.
Payouts With Life Contingency was Athene Holding’s largest product and service line in fiscal 2020, bringing in $41.38B of $41.74B (99%).
| Product and Service | FY 2019 | FY 2020 |
|---|---|---|
| Payouts With Life Contingency | $44.32B | $41.38B |
| Life Insurance Product Line | $350.00M | $364.00M |
| Total | $44.67B | $41.74B |
Athene Holding brought in $41.74B from its two product and service lines in fiscal 2020, the year ended December 31, 2020. That was down 6.6% from $44.67B in fiscal 2019. Payouts With Life Contingency was the largest at $41.38B (99.1%), ahead of Life Insurance Product Line at $364.00M (0.9%).
Athene Holding (ATH-PE) reports its revenue by consolidated entities, by investment type and by product and service. In fiscal 2025, Consolidated Entity Excluding Variable Interest Entities (Vie) was its largest revenue line, bringing in $136.40B (98.9% of the total), followed by Variable Interest Entities at $1.46B (1.1%).
Consolidated Entity Excluding Variable Interest Entities (Vie) was Athene Holding's largest revenue line in fiscal 2025, bringing in $136.40B, or 98.9% of the $137.86B total across its two revenue lines.
Payouts With Life Contingency was Athene Holding's largest product and service line in fiscal 2020, bringing in $41.38B, or 99.1% of the $41.74B total across its two product and service lines.
Every figure comes from Athene Holding's annual financial filings, as reported. Each line keeps the name Athene Holding gives it, and years follow its fiscal calendar.
Athene Holding's revenue by consolidated entities goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.