Apollo Global Management, Inc. — Form 8-K Summary
Filing date: October 5, 2026. The filing reports preliminary estimates for the third quarter ended September 30, 2026.
Business context and key metrics
Apollo and subsidiary Athene provided an advance estimate of alternative net investment income, a component of Spread Related Earnings used to evaluate Apollo’s Retirement Services segment.
- Alternative net investment income: Approximately $375 million pre-tax.
- Annualized return on alternative net investments: Approximately 10%.
- Athene pooled investment vehicle: Estimated annualized return of 9%; Athene holds the large majority of its alternative investments portfolio through this vehicle.
- Athene’s other alternative investments, including retirement services platforms: Estimated annualized return of 11%.
Changes, outlook and qualifications
The filing provides no prior-period comparison, and does not report overall revenue, profit, cash flow, margins, debt or liquidity. These figures are preliminary; Apollo had not completed its closing procedures, and actual results may differ, possibly materially. The estimates are unaudited and are not a substitute for U.S. GAAP financial statements or indicative of future performance.
Apollo scheduled its third-quarter earnings release and financial supplement for November 3, 2026. The company cautioned investors not to infer financial or operating data beyond the information provided.
Investor verification points
- Compare these estimates with the final third-quarter earnings release and financial supplement.
- Verify the reported alternative net investment income and annualized returns, including any revisions.
- Review Apollo’s definitions and reconciliations of Alternative Net Investment Income, Spread Related Earnings and Segment Income in the earnings materials.