Apollo Global Management, Inc. (APO) Earnings Call Transcripts
Apollo Global Management, Inc.'s Latest Earnings Call - September 14, 2026
In the third quarter of fiscal year 2026, Apollo Global Management (APO:US) reported strong performance driven by significant capital formation and strategic initiatives in AI infrastructure. The firm highlighted a robust institutional demand for private assets, raising $12 billion for Fund XI, which is on track to meet its target. Management maintained a positive outlook, emphasizing ongoing opportunities in various sectors, particularly in AI and infrastructure, while signaling a cautious optimism regarding future earnings growth.
Reported metrics
| Metric | Value |
|---|---|
| Fund XI Capital Raised | $12B (beat) |
| High-Grade Capital Solutions Transactions | 200+ (beat) |
| Quarterly Earnings Growth | N/A (null) |
| Institutional Capital Demand | N/A (null) |
| European Investments | N/A (null) |
| AMAP Issuances | $25B (null) |
Guidance from management
Management maintained a positive outlook for future earnings growth, particularly in AI and infrastructure sectors, while indicating that the fundraising momentum for Fund XI is expected to continue into the next fiscal year.
What management said
That is true, subject to the scale of some of these things are getting to the point where, we obviously have single issuer limits and subsector concentration and things like that. So we're obviously super thoughtful balance sheet by balance sheet where this stuff goes. But you should assume a meaningful piece of everything we do end up on our own balance sheet.
No, look, they ebb and flow at different times and offshore tends to be a little more volatile or in some cases, a lot more volatile. But PAUSE -- at the end of the day, it's responding to the same stimuli just in different orders of magnitude. And so -- but yes, directionally, I think it's all moving in the right direction.
What analysts pressed on
Analysts expressed concerns about the potential slowdown in the semi-liquid private credit market and the competitive landscape in private equity. There were questions regarding how Apollo plans to maintain its competitive edge amidst increasing competition in the industry.
Main topics on the call
- AI Infrastructure Opportunities — Apollo is focusing on financing AI infrastructure, stating, "the volume of AI, goods and services is only going up and to the right at a pretty aggressive pace." The firm aims to partner with large players in the AI spac...
- Strong Capital Formation — Apollo raised $12 billion for Fund XI, with management noting, "our strategy is certainly resonating with investors." This reflects strong institutional demand for private equity despite market challenges.
- High-Grade Capital Solutions — Apollo has executed over 200 transactions in high-grade capital solutions, totaling approximately $150 billion. Management highlighted that this segment has become a "very interesting part of the capital" and has been cr...
- European Market Expansion — Management indicated a strategic focus on Europe, stating, "we are really leaning extensively right now into Europe" due to its significant capital needs. This reflects a shift in investment strategy to tap into undercap...
Read the full Apollo Global Management, Inc. transcript (September 14, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Apollo Global Management, Inc.
Apollo Global Management, Inc. (APO) is a publicly listed company in the Financial Services industry, within the Financials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 80 calls on record spanning January 30, 2020 to September 14, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 80 Apollo Global Management, Inc. earnings call transcripts on record, spanning January 30, 2020 to September 14, 2026. Based on this history, Apollo Global Management, Inc. reports quarterly. The most recent call on file is dated September 14, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- APO
- Exchange
- NYSE
- Country
- US
- Sector
- Financials
- Industry
- Financial Services
- Calls on record
- 80
- First call
- January 30, 2020
- Most recent
- September 14, 2026
- Reporting cadence
- quarterly