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Apollo’s earnings engine accelerates despite a US$1.1 billion GAAP loss
12:06am on Wednesday 4th of November, 2026 AEDT
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Financial Services
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Apollo’s earnings engine accelerates despite a US$1.1 billion GAAP loss
12:06am on Wednesday 4th of November, 2026 AEDT
Key Points
Record fee-related earnings of US$802 million, up 23% year on year
Adjusted Net Income of US$1.293 billion, or US$2.07 per share
GAAP loss of US$1.057 billion attributed to higher-rate mark-to-market losses
Assets under management reached US$1.074 trillion after US$53 billion of quarterly inflows
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