Apollo Global Management (APO) Revenue — Quarter Ended Mar 31, 2024
Revenue declined for the quarter compared to the immediately preceding period. This marked a sharp reversal from the same quarter one year earlier, when revenue was higher.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined for the quarter compared to the immediately preceding period. This marked a sharp reversal from the same quarter one year earlier, when revenue was higher.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7B
Revenue reported for this quarter.
Quarter-over-quarter
-36.3%
Change from the immediately preceding quarter.
Year-over-year
+32.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$34.4B
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, 2023 | $13.7B | +499.4% |
| Sep 30, 2023 | $2.6B | -12.9% |
| Dec 31, 2023 | $11B | +824.4% |
| Mar 31, 2024 | $7B | +32.8% |
Revenue performance
The reported revenue moved downward from the prior quarter.
Quarterly comparison
When compared with the immediately preceding quarter, revenue decreased, while compared with the same quarter one year ago, revenue was up.
What to watch
The filing discusses inflation, interest rate fluctuations, and market conditions generally as forward-looking risks.