Q2
APO — Q2 2026 Financial Report Analysis
Apollo's Q2 2026 GAAP profit more than doubled to $1.34bn ($2.15 diluted EPS), but Segment Income rose just 12% — fee-related earnings grew 25% while Athene's investment spread narrowed 11 basis points, and a $1.7bn Bermuda deferred-tax write-off still leaves the first half at a loss.