Assets under management (AUM) growth
Search documents
Apollo Global Q3 Earnings Beat Estimates, AUM Increase Y/Y
ZACKS· 2025-11-04 18:11
Core Insights - Apollo Global Management, LLC's third-quarter 2025 adjusted net income per share was $2.17, exceeding the Zacks Consensus Estimate of $1.77 and up from $1.85 year-over-year [1][10] Financial Performance - The company reported total revenues of $1.1 billion, reflecting a 23.9% year-over-year increase and surpassing the Zacks Consensus Estimate by 4.6% [4] - Total expenses rose 22.3% year-over-year to $192 million [4] - Net income attributable to Apollo Global on a GAAP basis was $1.71 billion, significantly up from $787 million in the prior-year quarter [3] Assets Under Management (AUM) - Fee-earnings AUM increased 24.3% year-over-year to $685 billion, driven by strong management fee growth and record capital solutions fees [5] - As of September 30, 2025, total AUM reached $908 billion, up 23.9% year-over-year, benefiting from $136 billion in inflows from Asset Management and $84 billion from Retirement Services [6] Strategic Developments - The acquisition of Bridge Investment Holdings enhanced Apollo Global's scale in real estate equity and improved its origination capabilities [2][9] - The company announced a quarterly cash distribution of 51 cents per share, payable on November 28, 2025 [8] Market Position - Apollo Global's organic growth and increasing AUM balance indicate positive momentum across its platform, with robust origination volume across various investing activities [9]