Equity Profile

APO

Apollo Global Management, Inc.

FinancialsDiversified Financial Services$73.8B

Aug13Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close1:00 PM EDT

Company Snapshot

Apollo Global Management, Inc. (APO) is a leading global alternative investment manager, focusing on private equity, credit, and real estate....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and financial health, which investors closely watch to gauge performance.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its business and attract new investments, crucial for future performance.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

APO Q2-2026 Earnings Preview

Context

Company Snapshot

Apollo Global Management, Inc. (APO) is a leading global alternative investment manager, focusing on private equity, credit, and real estate. With a market cap of $74 billion, it plays a significant role in the financial sector, impacting investment strategies and capital flows across various industries.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+11.11%

Avg Stock Reaction

+0.37%

Last Quarter Recap

In Q1-2026, Apollo reported an EPS of $1.94, surpassing estimates by 5.04%. However, revenue figures were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Apollo's upcoming earnings, especially given its strong track record of beating EPS estimates.

Bull Case

If Apollo continues its trend of exceeding EPS expectations, it could signal robust underlying business performance and attract more investor interest.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant decline in stock price, especially given the recent volatility in the financial sector.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the reported EPS for Q2-2026?

Given Apollo's strong history of beating EPS estimates, this figure will be critical in determining investor sentiment and stock movement.

How has AUM changed in the last quarter?

AUM growth is essential for understanding the company's ability to generate future revenue and maintain its competitive edge.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Apollo's ability to leverage its recent acquisitions for growth, which could lead to stronger-than-expected AUM figures.

Supporting Evidence

Apollo has consistently beaten EPS estimates, indicating stronger operational performance than anticipated.

The options market suggests a lower volatility expectation than historical averages, which may not reflect potential growth.

Recent insider activity shows mixed signals, indicating uncertainty that could be resolved positively.

Key Risk

If AUM growth exceeds expectations, it could significantly alter the market's perception of Apollo's future profitability.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The upcoming earnings report will be pivotal in assessing Apollo's financial health and market position, especially after a series of positive surprises.

Bull Confirmed If

An EPS of $2.00 or higher would confirm strong operational performance and investor confidence.

Bear Confirmed If

An EPS below $1.85 would raise concerns about profitability and future growth prospects.

Pre-Earnings Positioning

Options Market

Implied Move

±2.71%

Historical Avg

±3.5%

Pricing cheap

The options market is pricing in a modest move around earnings, suggesting that investors are uncertain but not overly anxious about a large swing.

Options are pricing ±2.7% while APO has averaged ±3.5% over the last 8 prints — setup is pricing cheap.

Detail

ATM IV

0.4%

30d HV

30.8%

Calls (56K)P/C Ratio: 1.03Puts (93K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options pricing cheap in Financials

n=30

Fade rate: 12 of 25 (48%)

This setup has occurred 30 times across Financials in the last 2 years. 12 of 25 faded and 13 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 2.4%, with a raw directional average of -0.0% (roughly flat historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Apollo beats expectations, history suggests the stock could rise by around 1.5%, confirming a positive outlook for the company.

In-Line / Cautious

If results are in line with expectations, the stock may react modestly, reflecting cautious optimism without strong conviction.

Miss

Should Apollo miss expectations, the average historical reaction indicates a potential decline of approximately 7.5%, which could trigger broader concerns about its performance.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·1 sell

Members

House only

Est. Notional

$2,002.00–$30,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on AUM growth and its impact on revenue generation.
2Management's outlook on market conditions and investment opportunities.
3Details on any new acquisitions or investments made in the last quarter.
4Insights into the performance of specific investment segments, such as private equity or credit.
5Comments on the competitive landscape and how Apollo plans to navigate challenges.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Apollo Global Management, Inc. (APO) is a leading global alternative investment manager, focusing on private equity, credit, and real estate....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and financial health, which investors closely watch to gauge performance.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its business and attract new investments, crucial for future performance.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

APO Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+11.11%

Avg Stock Reaction

+0.37%

Last Quarter Recap

In Q1-2026, Apollo reported an EPS of $1.94, surpassing estimates by 5.04%. However, revenue figures were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Apollo's upcoming earnings, especially given its strong track record of beating EPS estimates.

Bull Case

If Apollo continues its trend of exceeding EPS expectations, it could signal robust underlying business performance and attract more investor interest.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant decline in stock price, especially given the recent volatility in the financial sector.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the reported EPS for Q2-2026?

Given Apollo's strong history of beating EPS estimates, this figure will be critical in determining investor sentiment and stock movement.

How has AUM changed in the last quarter?

AUM growth is essential for understanding the company's ability to generate future revenue and maintain its competitive edge.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Apollo's ability to leverage its recent acquisitions for growth, which could lead to stronger-than-expected AUM figures.

Supporting Evidence

Apollo has consistently beaten EPS estimates, indicating stronger operational performance than anticipated.

The options market suggests a lower volatility expectation than historical averages, which may not reflect potential growth.

Recent insider activity shows mixed signals, indicating uncertainty that could be resolved positively.

Key Risk

If AUM growth exceeds expectations, it could significantly alter the market's perception of Apollo's future profitability.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The upcoming earnings report will be pivotal in assessing Apollo's financial health and market position, especially after a series of positive surprises.

Bull Confirmed If

An EPS of $2.00 or higher would confirm strong operational performance and investor confidence.

Bear Confirmed If

An EPS below $1.85 would raise concerns about profitability and future growth prospects.

Pre-Earnings Positioning

Options Market

Implied Move

±2.71%

Historical Avg

±3.5%

Pricing cheap

The options market is pricing in a modest move around earnings, suggesting that investors are uncertain but not overly anxious about a large swing.

Options are pricing ±2.7% while APO has averaged ±3.5% over the last 8 prints — setup is pricing cheap.

Detail

ATM IV

0.4%

30d HV

30.8%

Calls (56K)P/C Ratio: 1.03Puts (93K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options pricing cheap in Financials

n=30

Fade rate: 12 of 25 (48%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Apollo beats expectations, history suggests the stock could rise by around 1.5%, confirming a positive outlook for the company.

In-Line / Cautious

If results are in line with expectations, the stock may react modestly, reflecting cautious optimism without strong conviction.

Miss

Should Apollo miss expectations, the average historical reaction indicates a potential decline of approximately 7.5%, which could trigger broader concerns about its performance.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·1 sell

Members

House only

Est. Notional

$2,002.00–$30,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on AUM growth and its impact on revenue generation.
2Management's outlook on market conditions and investment opportunities.
3Details on any new acquisitions or investments made in the last quarter.
4Insights into the performance of specific investment segments, such as private equity or credit.
5Comments on the competitive landscape and how Apollo plans to navigate challenges.