Apollo Global Management (APO) Revenue — Quarter Ended Dec 31, 2023
Revenue increased significantly compared to both the prior quarter and the same quarter last year. The quarterly rise follows a sharp decline in the immediately preceding period.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased significantly compared to both the prior quarter and the same quarter last year. The quarterly rise follows a sharp decline in the immediately preceding period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$11B
Revenue reported for this quarter.
Quarter-over-quarter
+325.7%
Change from the immediately preceding quarter.
Year-over-year
+824.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$32.6B
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 |
|---|---|---|
| Mar 31, 2023 | $5.3B | +515.0% |
| Jun 30, 2023 | $13.7B | +499.4% |
| Sep 30, 2023 | $2.6B | -12.9% |
| Dec 31, 2023 | $11B | +824.4% |
Revenue performance
The reported revenue for this quarter was substantially higher than in the immediately preceding quarter, representing a reversal from the prior quarter's decline.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was notably higher, reflecting a multi-year upward trend over the trailing four quarters. The quarter-over-quarter comparison shows a strong sequential rebound.
What to watch
The preceding quarter experienced a sharp revenue drop, so sustainability of the rebound warrants attention in upcoming filings.