Apollo Global Management, Inc.: reports Q3 2026 alternative net investment income

What happened

• Apollo Global Management, Inc. and Athene Holding Ltd. reported preliminary estimates for the Company's alternative net investment income for the 3rd quarter ended Sep 30, 2026. The Company estimates alternative net investment income of approximately $375,000,000 (pre-tax), equating to an estimated 10% annualized return on alternative net investments.
• The filing states the information is being reported prior to the Company's quarterly earnings release and quarterly financial supplement, which are scheduled for release on Nov 3, 2026, and notes these preliminary results are unaudited and subject to change.

Key details

• Estimated alternative net investment income: $375,000,000 (pre-tax) for the 3rd quarter ended Sep 30, 2026.
• Estimated annualized return on alternative net investments: 10%.
• Within alternative net investments: estimated 9% annualized return on Athene’s investment in a pooled investment vehicle and estimated 11% annualized return on Athene’s other alternative investments, including retirement services platforms, for the 3rd quarter ended Sep 30, 2026.
• The filing cautions these preliminary financial results are management’s responsibility, have not been audited or reviewed by the independent registered public accounting firm, may be materially adjusted during financial close, and are not a substitute for GAAP financial statements.

Why it may matter

• Item 2.02 (results of operations and financial condition) and Item 7.01 (Regulation FD disclosure) were reported; Item 2.02 covers results of operations and Item 7.01 covers public disclosure of material financial information.
• The filing reiterates the preliminary nature of the numbers and that actual results may differ, possibly materially. The filing does not show why the company acted or why any insider traded.