Apollo Global Management, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.36B | $-1.91B | $684.0M | $1.74B | $630.0M | $442.0M | $1.49B | $811.0M |
| Depreciation & Amortization | $414.0M | $397.0M | $391.0M | $400.0M | $332.0M | $308.0M | $296.0M | $281.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $246.0M | $232.0M | $266.0M | $208.0M | $166.0M | $149.0M | $243.0M | $136.0M |
| Net Cash from Operating Activities | $2.88B | $1.62B | $4.67B | $303.0M | $1.26B | $1.01B | $-4.0M | $1.85B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-15.54B | $-8.33B | $-14.22B | $-13.24B | $-19.63B | $-16.89B | $-16.25B | $-14.47B |
| Financing Activities | ||||||||
| Dividends Paid | $342.0M | $312.0M | $311.0M | $306.0M | $306.0M | $278.0M | $277.0M | $277.0M |
| Stock Repurchases | $97.0M | $632.0M | $240.0M | $340.0M | $0 | $193.0M | $102.0M | $453.0M |
| Net Cash from Financing Activities | $17.33B | $9.87B | $8.95B | $19.16B | $17.82B | $14.27B | $15.75B | $12.25B |
| Net Change in Cash | $4.67B | $3.16B | $-610.0M | $6.23B | $-542.0M | $-1.60B | $-515.0M | $-356.0M |
| Free Cash Flow | — | — | — | — | — | — | — | — |