01—Abstract
Summary
Summary of the 8-K filed October 5, 2026. Cited figures are marked; the original filing is the authoritative source.
Apollo Global Management, Inc. (APO) has issued a Current Report on Form 8-K to provide preliminary estimates for its alternative net investment income for the third quarter ended September 30, 2026.
The company anticipates generating approximately $375 milliona in pre-tax alternative net investment income, projecting an annualized return of 10% on its alternative net investments. This disclosure is made in advance of the official quarterly earnings release and financial supplement, which are scheduled for November 3, 2026.
02—Key points
Key Highlights
- Preliminary Q3 2026 alternative net investment income estimated at $375 million (pre-tax).
- Projected annualized return on alternative net investments for Q3 2026 is approximately 10%.
- Athene's investment in a pooled vehicle within alternative investments shows an estimated 9% annualized return for Q3 2026.
- Athene's other alternative investments, including retirement services platforms, show an estimated 11% annualized return for Q3 2026.
- Alternative net investment income is a key component of Spread Related Earnings, used to assess the performance of Apollo's Retirement Services segment.
- These are preliminary estimates, and actual results could differ materially as full financial closing procedures are not yet complete.
03—Questions
Frequently Asked Questions
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to provide investors with a preliminary estimate of Apollo Global Management's alternative net investment income and associated returns for the third quarter ended September 30, 2026, ahead of the official earnings release.
How does the preliminary Q3 2026 alternative net investment income compare to expectations?
The filing provides a preliminary estimate of $375 million (pre-tax) with an estimated 10% annualized return. Investors will need to await the full earnings release on November 3, 2026, for more detailed financial performance and comparative analysis.
What are the risks associated with these preliminary results?
The company explicitly states that these are preliminary estimates and that actual results may differ materially. They have not completed their financial closing procedures, and their independent registered public accounting firm has not audited or reviewed these preliminary figures. Investors are cautioned against relying solely on this information.
How do these figures relate to Apollo's overall performance metrics?
Alternative net investment income is a component of Spread Related Earnings, which in turn is a key performance measure for Apollo's Segment Income. This metric is used by management to evaluate the performance of its operating segments, particularly the Retirement Services segment.
04—Continue