Apollo Global Management (APO) Revenue — Quarter Ended Mar 31, 2025
Revenue increased from the prior quarter but declined sharply compared to the same quarter last year. The sequential improvement reversed a significant drop in the preceding period.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue increased from the prior quarter but declined sharply compared to the same quarter last year. The sequential improvement reversed a significant drop in the preceding period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.5B
Revenue reported for this quarter.
Quarter-over-quarter
+5.0%
Change from the immediately preceding quarter.
Year-over-year
-21.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$24.6B
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 |
|---|---|---|
| Jun 30, 2024 | $6B | -56.1% |
| Sep 30, 2024 | $7.8B | +199.5% |
| Dec 31, 2024 | $5.3B | -52.2% |
| Mar 31, 2025 | $5.5B | -21.2% |
Revenue performance
The reported revenue reflects a modest sequential gain after a steep decline in the prior quarter. However, on a year-over-year basis, revenue contracted substantially.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose, reversing the prior quarter's large decline. Compared to the same quarter one year earlier, revenue was markedly lower, continuing a year-over-year downward trend.
What to watch
Monitor whether the sequential recovery can be sustained given the persistent year-over-year revenue decline.