Apollo Global Management (APO) Revenue — Quarter Ended Mar 31, 2023
Revenue for the current quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was positive, while the year-over-year comparison showed a substantial rise.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 FY
Revenue for the current quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was positive, while the year-over-year comparison showed a substantial rise.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.3B
Revenue reported for this quarter.
Quarter-over-quarter
+9.5%
Change from the immediately preceding quarter.
Year-over-year
+515.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $2.3B | +65.3% |
| Sep 30, 2022 | $3B | +176.3% |
| Dec 31, 2022 | $4.8B | +305.1% |
| Mar 31, 2023 | $5.3B | +515.0% |
Revenue performance
The company reported higher revenue for the quarter, continuing an upward trend observed over recent periods.
Quarterly comparison
Revenue improved from the immediately preceding quarter, and it was significantly higher than in the same quarter one year earlier.
What to watch
The pace of sequential revenue growth moderated compared with the prior quarter's increase.