APO Q2 2024 Earnings — Apollo Global Management, Inc. Revenue & Financial Results | Market Cap Arena

APOApollo Global Management, Inc.

$63B

Q2 2024 Earnings

Financial Services Asset Management - Global

Income Statement

Revenue

$6.0B-56.1% YoY

Gross Profit

$5.7B95.2% margin

Operating Income

$1.7B28.5% margin

Net Income

$822M13.7% margin

EPS (Diluted)

$1.35

QoQ Revenue Growth

-14.5%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.3B

Stock-Based Comp.

$142M

Balance Sheet

Total Assets

$346.5B

Total Liabilities

$318.1B

Stockholders' Equity

$15.3B

Cash & Equivalents

$16.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$13.7B	-56.1%
Gross Profit	$5.7B	$13.4B	-57.4%
Operating Income	$1.7B	$1.1B	+62.5%
Net Income	$822M	$577M	+42.5%

Revenue Segments

Retirement Services Segment

$5.0B82%

Asset Management Segment

$1.1B18%