Operating Income for Apollo Global Management (APO)
According to Apollo Global Management's latest reported financial statements, the company's current operating income (TTM) is $10.42B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$10.42B
YoY change
+25.6%
5Y CAGR
+62.9%
Peak year (2025)
$10.42B
Cumulative operating income
$26.27B
Operating Income history chart for Apollo Global Management (APO) from 2006 to 2025
Operating Income history table for Apollo Global Management (APO) from 2006 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $10.42B | +25.6% | ||
| 2024 | $8.30B | +35.0% | ||
| 2023 | $6.15B | -240.5% | ||
| 2022 | -$4.38B | -321.4% | ||
| 2021 | $1.98B | +117.6% | ||
| 2020 | $908.00M | -32.3% | ||
| 2019 | $1.34B | +432.7% | ||
| 2018 | $251.62M | -83.0% | ||
| 2017 | $1.48B | +51.3% | ||
| 2016 | $977.38M | +292.2% | ||
| 2015 | $249.18M | -55.0% | ||
| 2014 | $554.34M | -70.3% | ||
| 2013 | $1.86B | +129.5% | ||
| 2012 | $812.12M | -159.4% | ||
| 2011 | -$1.37B | +2776.6% | ||
| 2010 | -$47.49M | -93.1% | ||
| 2009 | -$689.52M | -55.6% | ||
| 2008 | -$1.55B | +58.6% | ||
| 2007 | -$978.91M | +55965.8% | ||
| 2006 | -$1.75M | — |
Operating Income values are taken from Apollo Global Management's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Apollo Global Management (APO) operating income totalled $10.42B – grew 25.6% year-over-year.
Across 2020–2025 (5 years), Apollo Global Management operating income produced a CAGR of +62.9% – sustaining 3 straight years of year-over-year growth.
The highest annual operating income of $10.42B was reported in 2025. The lowest in the available history was -$4.38B in 2022.
Among 8 Financial Services peers, Apollo Global Management (APO) ranks 9th; the peer median for operating income is $24.60B.
Apollo Global Management Operating Income by Year
Apollo Global Management Operating Income 2025: $10.42B
Apollo Global Management operating income in 2025 was $10.42B, grew 25.6% from 2024. This figure represents the highest annual value in the available history.
Apollo Global Management Operating Income 2024: $8.30B
Apollo Global Management operating income in 2024 was $8.30B, surged 35.0% from 2023.
Apollo Global Management Operating Income 2023: $6.15B
Apollo Global Management operating income in 2023 was $6.15B, plunged 240.5% below 2022.
Apollo Global Management Operating Income 2022: -$4.38B
Apollo Global Management operating income in 2022 was -$4.38B, plunged 321.4% below 2021. This figure represents the lowest annual value in the available history.
Apollo Global Management Operating Income 2021: $1.98B
Apollo Global Management operating income in 2021 was $1.98B.
See more financial history for Apollo Global Management (APO).
Sector peers — Operating Income
Companies in the same sector as Apollo Global Management, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $59.54B | Financial Services |
| Bank of America Corporation (BAC) | $37.70B | Financial Services |
| Wells Fargo & Company (WFC) | $25.20B | Financial Services |
| Visa Inc. (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $21.85B | Financial Services |
| Mastercard Incorporated (MA) | $19.40B | Financial Services |
Frequently asked questions
What is Apollo Global Management's operating income?
- Latest reported operating income for Apollo Global Management (APO) is $10.42B (period ending December 31, 2025).
How has Apollo Global Management operating income changed year-over-year?
- Apollo Global Management (APO) operating income changed +25.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Apollo Global Management operating income?
- Apollo Global Management (APO) operating income compound annual growth rate is +62.9% over the most recent 5 years available.
When did Apollo Global Management operating income hit its highest annual value?
- Apollo Global Management operating income reached its highest annual value of $10.42B in 2025.
What was Apollo Global Management operating income in 2024?
- Apollo Global Management (APO) operating income in 2024 was $8.30B.
What was Apollo Global Management operating income in 2025?
- Apollo Global Management (APO) operating income in 2025 was $10.42B.
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