Apollo Global Management, Inc. (NYSE: APO) reported fourth-quarter earnings that significantly exceeded analyst expectations, with both profit and revenue far surpassing consensus estimates. Shares rose more than 1% intra-day on Monday following the announcement.

The alternative asset manager posted adjusted earnings per share of $2.47, beating analyst estimates by $0.43. Revenue totaled $9.86 billion, nearly double the consensus forecast of $5.3 billion.

Apollo said the strong quarter capped what it described as a year of “exceptional execution” in 2025. Assets under management reached approximately $938 billion as of December 31, 2025, reflecting continued expansion across the firm's platforms.

Throughout the year, Apollo positioned itself as a key participant in major financial trends, including financing industrial growth, expanding retirement solutions, and broadening access to private market investments.

The company declared a quarterly cash dividend of $0.51 per share of common stock, payable on February 27, 2026, to shareholders of record as of February 19, 2026. Apollo also announced a cash dividend of $0.8438 per share on its Mandatory Convertible Preferred Stock.