---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-016233"
form_type: "8-K"
ticker: "APO"
cik: "0001858681"
company_name: "Apollo Global Management, Inc."
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-24T00:01:02.648304+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Apollo estimates Q1 2025 alternative net investment income of ~$290M pre-tax, a 9% annualized return

## Summary
- Alternative net investment income ~$290M pre-tax (9% annualized return) for Q1 2025.
- Athene's pooled investment vehicle generated an estimated 10% annualized return.
- Other alternative investments (incl. retirement services platforms) yielded an estimated 6% annualized return.
- Full Q1 2025 earnings release scheduled for May 2, 2025.

## SEC filing metadata
- accession: 0001628280-25-016233
- form_type: 8-K
- ticker: APO
- cik: 0001858681
- company_name: Apollo Global Management, Inc.
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1858681/000162828025016233/0001628280-25-016233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1858681/000162828025016233/apo-20250402.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-016233
- JSON: https://secwatch.observer/filing/0001628280-25-016233.json
- Plain text: https://secwatch.observer/filing/0001628280-25-016233.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.