Summary
Apollo Global Management, Inc. (APO) has pre-released preliminary estimates for its alternative net investment income for the second quarter ended June 30, 2026. The company anticipates alternative net investment income to be approximately $350 million on a pre-tax basis, representing an estimated annualized return of 9% on its alternative net investments. This disclosure provides investors with an early look at key performance metrics ahead of the official earnings release scheduled for August 4, 2026. Investors should note that these figures are preliminary and subject to change as final financial closing procedures are completed. The company explicitly cautions against relying solely on this information, as actual results could differ materially. The preliminary results are not audited and should not be considered indicative of future performance or a substitute for the full financial statements prepared under U.S. GAAP. The disclosure offers insights into the performance of Apollo's Retirement Services segment, specifically highlighting the contribution of Athene.
Key Highlights
- 1Preliminary alternative net investment income estimated at $350 million (pre-tax) for Q2 2026.
- 2Estimated annualized return on alternative net investments is 9% for Q2 2026.
- 3Athene's pooled investment vehicle for alternative investments shows an estimated annualized return of 10% for Q2 2026.
- 4Athene's other alternative investments, including retirement services platforms, show an estimated annualized return of 6% for Q2 2026.
- 5Disclosure provides an early look at performance metrics prior to the official August 4, 2026 earnings release.
- 6Income attributable to non-controlling interests is excluded from these figures.
- 7These are preliminary estimates and actual results may differ materially.