Filing Flows › Comparisons › KKR vs APO
KKR vs Apollo Global Management: KKR and APO compared
KKR is the larger company: $5.7B of revenue in its latest quarter (Q2 2026) against $4.7B for Apollo Global Management (Q3 2026). KKR is growing faster (+12% against -52% a year earlier). KKR is more profitable, with an operating margin of 24.0% against -30.9%.
Where the money goes: KKR and APO
KKR (KKR) · Q2 2026
KKR, Q2 2026: revenue $5.7B (+12% year over year), operating margin 24.0%, net earnings $700M, operating cash flow $3.3B. The chart follows the revenue to costs, profit and cash.
Apollo Global Management (APO) · Q3 2026
Apollo Global Management, Q3 2026: revenue $4.7B (-52% year over year), operating margin -30.9%, net loss $1.1B, operating cash flow $136M. The chart follows the revenue to costs, profit and cash.
| KKR (KKR) | Apollo Global Management (APO) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $5.7B | $4.7B |
| Revenue growth, Y/Y | +12% | -52% |
| Operating margin | 24.0% | -30.9% |
| Net earnings | $700M | −$1.1B |
| Net margin | 12.2% | -23.7% |
| Operating cash flow | $3.3B | $136M |
| Free cash flow | $3.2B | — |
| Market value | $88.2B | $70.7B |
| P/E | 16.0× | 98.7× |
| Analysts’ mean target | $120.57 | $148.20 |
Where the revenue comes from
KKR
- Insurance: $3.5B (62%)
- Asset Management and Strategic Holdings: $2.2B (38%)
Apollo Global Management
- Retirement Services: $3.5B (73%)
- Asset Management: $1.3B (27%)
Questions
Which is bigger, KKR or Apollo Global Management?
KKR is the larger company: $5.7B of revenue in its latest quarter (Q2 2026) against $4.7B for Apollo Global Management (Q3 2026).
Is KKR or Apollo Global Management growing faster?
KKR is growing faster (+12% against -52% a year earlier).
Which is more profitable, KKR or Apollo Global Management?
KKR is more profitable, with an operating margin of 24.0% against -30.9%.
More: KKR earnings · how KKR makes money · Apollo Global Management earnings · how Apollo Global Management makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 6, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.