Apollo Global

Q2 FY2026 EarningsQ2 FY26 results were significantly above consensus, with revenue of $11,153M beating the $1,333M estimate by a wide margin, largely due to outsized investment-related gains and strong retirement services performance. GAAP Net Income of $1,336M exceeded expectations, though the effective tax rate was slightly lower than anticipated at 15.9%. Total AUM reached $1.05 trillion, driven by strong inflows in the credit strategy and the integration of Bridge, while management fees grew 28.5% YoY to $749M.