Apollo Global Management reports Q3 2026 loss despite AUM reaching $1.07 trillion
Apollo Global Management posted a GAAP net loss of $1.06 billion for the third quarter, driven by unrealised mark‑to‑market adjustments. Revenue fell 51.8% year‑over‑year to $4.74 billion while fee‑related earnings rose 23% to $802 million. Assets under management grew to $1.07 trillion, up 2.5% from the end of June, supported by $53 billion of net inflows in the quarter. The board declared a quarterly cash dividend of $0.5625 per share and the stock slipped 3.5% after the release.
Why it matters
The loss and revenue decline signal weaker earnings momentum, but the AUM growth and higher fee‑related earnings suggest continued investor demand for alternative assets. The dividend indicates the company’s intent to return cash to shareholders despite the loss.
Key facts
- 1GAAP net loss of $1.06 billion for Q3 2026. propnewstime.com
- 2Revenue of $4.74 billion, down 51.8% YoY. tradingview.com
- 3Fee‑related earnings increased 23% to $802 million. tradingview.com
- 4Assets under management reached $1.07 trillion, up 2.5% from June 30 2026. tradingview.com
- 5Net inflows of $53 billion in Q3 2026. propnewstime.com
- 6Quarterly cash dividend of $0.5625 per share declared. propnewstime.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.