Apollo Reports First Quarter 2026 Results
Rhea-AI Summary
Apollo Global Management (NYSE: APO) reported results for the quarter ended March 31, 2026, highlighting assets under management surpassing $1 trillion and record fee-related earnings. The company declared a common dividend of $0.5625 per share (payable May 29, 2026) and a mandatory preferred dividend of $0.8438 per share (payable July 31, 2026). Apollo will host an investor webcast on May 6, 2026 at 8:30 a.m. ET to review first quarter results, with a replay available one hour after the event.
Positive
- AUM >$1 trillion as of March 31, 2026
- Record fee-related earnings reported for Q1 2026
- Common dividend of $0.5625 per share declared
Negative
- Dividends are at board discretion and not guaranteed
- Preferred dividend of $0.8438 may affect cash allocation
Key Figures
Market Reality Check
Peers on Argus
Peers show mixed moves: BAM +1.55%, BN +1.37%, ARES +2.08%, AMP +1.37%, while KKR -0.98%. Only CG appears on the momentum scanner, up 4.82% without news, suggesting largely stock-specific dynamics for APO.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 12 | Full-year earnings | Positive | -1.2% | FY25 results with revenue growth, EBITDA expansion, dividend and buyback plan. |
| Feb 09 | Q4 & FY25 earnings | Positive | +0.7% | Record origination above $300B and >$225B inflows driving record earnings. |
| Nov 04 | Q3 2025 earnings | Positive | +5.3% | Strong business momentum with cash dividends on common and preferred stock. |
| Aug 05 | Q2 2025 earnings | Positive | +2.5% | Record quarterly inflows and Fee Related Earnings with stable dividends. |
| Jul 29 | Q2 2025 earnings | Neutral | -0.6% | Mixed results with sales growth but loss from continuing operations and FX impact. |
Earnings releases for APO and related names have typically seen modestly positive price reactions, with only one clear negative divergence.
Over the past year, earnings-related announcements around APO and similarly tagged events show generally constructive business trends. Apollo’s own results highlighted record origination exceeding $300 billion and inflows above $225 billion, supporting record fee and spread-related earnings and recurring common dividends of $0.51 per share. Earlier quarters in 2025 also emphasized record inflows, strong fee-related earnings, and stable preferred dividends of $0.8438 per share. Against this backdrop, the latest Q1 2026 report adds record fee-related earnings and AUM surpassing $1 trillion, alongside a higher common dividend of $0.5625.
Historical Comparison
Past earnings and similar tagged events around APO and peers have averaged a 1.33% move, with most APO-specific quarters showing constructive reactions to strong inflows and fee-related earnings.
Earnings history shows Apollo moving from record origination and inflows in late 2025 to Q1 2026 results featuring record fee-related earnings and AUM above $1 trillion, while common dividends increased from $0.51 to $0.5625 and preferred dividends remained at $0.8438 per share.
Regulatory & Risk Context
A Form S-3ASR shelf filed on 2026-04-10 is effective and permits Apollo to offer an indeterminable aggregate amount of securities, including debt, common and preferred stock, depositary shares, warrants, subscription rights, purchase contracts and units, with proceeds designated for general corporate purposes.
Market Pulse Summary
This announcement highlights Q1 2026 results with record fee-related earnings and AUM surpassing $1 trillion, alongside a raised common dividend of $0.5625 and a continued $0.8438 dividend on mandatory convertible preferred stock. Historically, Apollo’s earnings updates emphasizing strong inflows and fee-related earnings have often coincided with constructive price moves. Investors may watch future quarters for sustainability of fee growth, any use of the effective S-3ASR shelf, and ongoing dividend decisions by the board.
Key Terms
assets under management financial
mandatory convertible preferred stock financial
AI-generated analysis. Not financial advice.
NEW YORK, May 06, 2026 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the first quarter ended March 31, 2026.
Marc Rowan, Chairman and Chief Executive Officer at Apollo said, “Our first quarter results set a strong tone for the year, with record fee-related earnings and assets under management surpassing
Apollo issued a full detailed presentation of its first quarter ended March 31, 2026 results, which can be viewed on Apollo’s Investor Relations website at ir.apollo.com.
Dividend
Apollo Global Management, Inc. has declared a cash dividend of
Apollo Global Management, Inc. has also declared and set aside for payment a cash dividend of
The declaration and payment of dividends on the Common Stock and the Mandatory Convertible Preferred Stock are at the sole discretion of Apollo Global Management, Inc.’s board of directors. Apollo cannot assure its stockholders that they will receive any dividends in the future.
Conference Call
Apollo will host a public audio webcast on Wednesday, May 6, 2026 at 8:30 a.m. Eastern Time. During the webcast, members of Apollo’s senior management team will review Apollo’s financial results for the first quarter ended March 31, 2026.
The webcast may be accessed at ir.apollo.com. For those unable to listen to the live broadcast, there will be a replay of the webcast available at the same link one hour after the event.
Apollo distributes its earnings releases via its website and email distribution lists. Those interested in receiving firm updates by email can sign up for them at ir.apollo.com.
About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2026, Apollo had approximately
Forward-Looking Statements
In this press release, references to “Apollo,” “we,” “us,” “our” and the “Company” refer collectively to Apollo Global Management, Inc. and its subsidiaries, or as the context may otherwise require. This press release may contain forward-looking statements that are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, discussions related to Apollo’s expectations regarding the performance of its business, its liquidity and capital resources and other non-historical statements. These forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. When used in this press release, the words “believe,” “anticipate,” “estimate,” “expect,” “intend” and similar expressions are intended to identify forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. These statements are subject to certain risks, uncertainties and assumptions, including risks relating to inflation, interest rate fluctuations and market conditions generally, international trade barriers, domestic or international political developments and other geopolitical events, including geopolitical tensions and hostilities, the impact of energy market dislocation, our ability to manage our growth, our ability to operate in highly competitive environments, the performance of the funds we manage, our ability to raise new funds, the variability of our revenues, earnings and cash flow, the accuracy of management’s assumptions and estimates, our dependence on certain key personnel, our use of leverage to finance our businesses and investments by the funds we manage, Athene’s ability to maintain or improve financial strength ratings, the impact of Athene’s reinsurers failing to meet their assumed obligations, Athene’s ability to manage its business in a highly regulated industry, changes in our regulatory environment and tax status, and litigation risks, among others. We believe these factors include but are not limited to those described under the section entitled “Risk Factors” in our annual report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 25, 2026, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law. This press release does not constitute an offer of any Apollo fund.
Investor and Media Relations Contacts
For investors please contact:
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
212-822-0540
ir@apollo.com
For media inquiries please contact:
Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
212-822-0491
communications@apollo.com
FAQ
What did Apollo (APO) report for assets under management in Q1 2026?
Apollo reported AUM exceeding $1 trillion as of March 31, 2026. According to the company, AUM surpassed this milestone in the first quarter, reflecting client flows and fund performance across Apollo's investment platforms.
How much is Apollo's (APO) Q1 2026 common stock dividend and when is it paid?
Apollo declared a $0.5625 per share common dividend, payable May 29, 2026 to holders of record on May 19, 2026. According to the company, the dividend was approved by the board and will be distributed in cash.
When is Apollo's (APO) Q1 2026 earnings webcast and how can investors access it?
The webcast is scheduled for May 6, 2026 at 8:30 a.m. ET, with a replay available one hour after the live event. According to the company, the audio webcast can be accessed via its investor relations website.
Does Apollo (APO) guarantee future dividends after the Q1 2026 declaration?
No, Apollo does not guarantee future dividends; dividend payments are at the board's discretion. According to the company, it cannot assure stockholders that dividends will be declared or paid in future periods.