Apollo Global Management 3Q 2026: Revenue $4.74B, EPS ($1.78) — 10-Q Summary
Apollo Global Management reported 3Q 2026 revenue of $4.74B, down 51.8% YoY, and a net loss of $1.06B. Losses in Retirement Services, including lower fair values for mortgage loans, outweighed higher net investment income. Asset Management fees grew 23% to $802M, and AUM reached $1.07T, up 2.5% from June 30, 2026.
How this was made
The 30-second read
Why it matters
The earnings miss is likely to depress the share price in the short term, though fee‑related earnings showed modest growth.
Market read
First‑report earnings data for a large alternative‑investment firm; material for traders.
What to watch
Strong asset‑management fee growth and AUM increase may cushion longer‑term performance.
Background
Apollo Global Management filed its Q3 2026 10‑Q, revealing a sharp revenue decline and a net loss.
Ticker impact
Q3 2026 results show revenue down 51.8% YoY and a net loss of $1.06B versus a $1.71B profit a year ago.
downward pressure as investors price in the sharp revenue decline and loss.
The 10‑Q is the first public disclosure of a 51.8% revenue drop and a swing to loss, which typically drives the stock lower.
Market effects
Highlights weakness in the alternative asset‑management sector, may pressure peers.
U.S. listed alternative‑investment firms could see broader scrutiny.
Signals potential stress for global private‑equity and credit managers.
Counterpoint
If the market overreacts, the stock could rebound on the 23% fee‑related earnings growth.
Key entities
- CompanyApollo Global Management
Alternative asset manager reporting Q3 2026 results.
