Athene Holding Ltd. — Form 8-K Summary
Business context and reporting period
Athene, a subsidiary of Apollo Global Management, reported preliminary information for the third quarter ended September 30, 2026. The 8-K was dated October 5, 2026.
Financial metrics
- Preliminary alternative net investment income: approximately $375 million pre-tax for the quarter.
- Estimated annualized return on alternative net investments: 10%. The estimated return was 9% for the pooled investment vehicle holding the large majority of the portfolio and 11% for other alternative investments, including retirement services platform investments.
- Alternative net investment income is a component of Spread Related Earnings, a pre-tax non-GAAP measure.
- The filing does not provide clear values for revenue, net income, cash flow, margins, debt, liquidity, or other comprehensive financial results.
Changes versus prior period
The filing provides no comparable prior-period alternative investment income or return figures, so the change versus the prior-year or prior-quarter period cannot be determined from this filing.
Outlook, caveats, and other disclosures
- Apollo planned to discuss third-quarter results and Athene business insights on a public webcast on November 3, 2026, at 8:30 a.m. ET. The quarterly earnings release and financial supplement were scheduled for the same date.
- The estimates are preliminary; closing procedures were incomplete, and actual results may differ, possibly materially. The independent auditor had performed no audit, review, compilation, or other procedures on the estimates.
- Athene cautioned investors not to treat the estimates as a substitute for U.S. GAAP financial statements or as indicative of future performance, and not to infer financial or operating data that were not provided.
- The information was furnished under Items 2.02 and 7.01 and is not deemed filed for specified Exchange Act liability purposes.
Important facts for investors to verify
- Confirm final alternative net investment income and annualized returns in the November 3 earnings release and financial supplement.
- Review final Spread Related Earnings definitions and reconciliations, including any revisions to the preliminary estimates.
- Assess the full quarterly financial statements for GAAP earnings, cash flow, liquidity, debt, and other performance measures not provided in this 8-K.