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Side-by-side financial comparison of AbbVie (ABBV) and Apollo Global Management (APO). Click either name above to swap in a different company.
AbbVie is the larger business by last-quarter revenue ($15.0B vs $9.9B, roughly 1.5× Apollo Global Management). Apollo Global Management runs the higher net margin — 6.9% vs 4.6%, a 2.3% gap on every dollar of revenue. On growth, Apollo Global Management posted the faster year-over-year revenue change (86.7% vs 9.9%). Over the past eight quarters, Apollo Global Management's revenue compounded faster (18.4% CAGR vs 1.8%).
AbbVie Inc. is an American pharmaceutical company headquartered in North Chicago, Illinois. They have produced drugs to treat a wide range of medical issues.
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. As of 2025, the company had $840 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of p...
ABBV vs APO — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $15.0B | $9.9B |
| Net Profit | $697.0M | $684.0M |
| Gross Margin | — | — |
| Operating Margin | 26.6% | 17.8% |
| Net Margin | 4.6% | 6.9% |
| Revenue YoY | 9.9% | 86.7% |
| Net Profit YoY | -45.9% | -54.0% |
| EPS (diluted) | $0.39 | $1.09 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $15.0B | — | ||
| Q4 25 | $16.6B | $9.9B | ||
| Q3 25 | $15.8B | $9.8B | ||
| Q2 25 | $15.4B | $6.8B | ||
| Q1 25 | $13.3B | $5.5B | ||
| Q4 24 | $15.1B | $5.3B | ||
| Q3 24 | $14.5B | $7.8B | ||
| Q2 24 | $14.5B | $6.0B |
| Q1 26 | $697.0M | — | ||
| Q4 25 | $1.8B | $684.0M | ||
| Q3 25 | $186.0M | $1.7B | ||
| Q2 25 | $938.0M | $630.0M | ||
| Q1 25 | $1.3B | $442.0M | ||
| Q4 24 | $-22.0M | $1.5B | ||
| Q3 24 | $1.6B | $811.0M | ||
| Q2 24 | $1.4B | $853.0M |
| Q1 26 | — | — | ||
| Q4 25 | 72.6% | — | ||
| Q3 25 | 66.4% | — | ||
| Q2 25 | 71.8% | — | ||
| Q1 25 | 70.0% | — | ||
| Q4 24 | 70.9% | — | ||
| Q3 24 | 70.9% | — | ||
| Q2 24 | 70.9% | — |
| Q1 26 | 26.6% | — | ||
| Q4 25 | 27.3% | 17.8% | ||
| Q3 25 | 12.1% | 29.5% | ||
| Q2 25 | 31.7% | 12.4% | ||
| Q1 25 | 28.0% | 21.3% | ||
| Q4 24 | -9.9% | 32.6% | ||
| Q3 24 | 26.5% | 26.8% | ||
| Q2 24 | 27.6% | 23.9% |
| Q1 26 | 4.6% | — | ||
| Q4 25 | 10.9% | 6.9% | ||
| Q3 25 | 1.2% | 17.7% | ||
| Q2 25 | 6.1% | 9.2% | ||
| Q1 25 | 9.6% | 8.0% | ||
| Q4 24 | -0.1% | 28.1% | ||
| Q3 24 | 10.8% | 10.4% | ||
| Q2 24 | 9.5% | 14.2% |
| Q1 26 | $0.39 | — | ||
| Q4 25 | $1.02 | $1.09 | ||
| Q3 25 | $0.10 | $2.78 | ||
| Q2 25 | $0.52 | $0.99 | ||
| Q1 25 | $0.72 | $0.68 | ||
| Q4 24 | $-0.03 | $2.41 | ||
| Q3 24 | $0.88 | $1.29 | ||
| Q2 24 | $0.77 | $1.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | $13.4B |
| Stockholders' EquityBook value | — | $23.3B |
| Total Assets | — | $460.9B |
| Debt / EquityLower = less leverage | — | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $5.3B | — | ||
| Q3 25 | $5.7B | — | ||
| Q2 25 | $6.5B | — | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | $5.6B | — | ||
| Q3 24 | $7.3B | — | ||
| Q2 24 | $13.2B | — |
| Q1 26 | — | — | ||
| Q4 25 | $58.9B | $13.4B | ||
| Q3 25 | $63.0B | $12.6B | ||
| Q2 25 | $63.0B | $12.1B | ||
| Q1 25 | $64.5B | $10.6B | ||
| Q4 24 | $60.3B | $10.6B | ||
| Q3 24 | $58.5B | $9.8B | ||
| Q2 24 | $58.0B | $9.8B |
| Q1 26 | — | — | ||
| Q4 25 | $-3.3B | $23.3B | ||
| Q3 25 | $-2.6B | $23.1B | ||
| Q2 25 | $-183.0M | $19.3B | ||
| Q1 25 | $1.4B | $18.0B | ||
| Q4 24 | $3.3B | $17.3B | ||
| Q3 24 | $6.0B | $17.9B | ||
| Q2 24 | $6.8B | $15.3B |
| Q1 26 | — | — | ||
| Q4 25 | $134.0B | $460.9B | ||
| Q3 25 | $133.9B | $449.5B | ||
| Q2 25 | $137.2B | $419.6B | ||
| Q1 25 | $136.2B | $395.0B | ||
| Q4 24 | $135.2B | $377.9B | ||
| Q3 24 | $143.4B | $368.7B | ||
| Q2 24 | $141.9B | $346.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | 0.55× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | 45.44× | 0.59× | ||
| Q4 24 | 18.15× | 0.61× | ||
| Q3 24 | 9.70× | 0.55× | ||
| Q2 24 | 8.56× | 0.64× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $4.7B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 6.83× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | $4.7B | ||
| Q3 25 | $7.0B | $303.0M | ||
| Q2 25 | $5.2B | $1.3B | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $7.0B | $-4.0M | ||
| Q3 24 | $5.4B | $1.9B | ||
| Q2 24 | $2.3B | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | $4.9B | — | ||
| Q3 25 | $6.6B | — | ||
| Q2 25 | $4.9B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $6.8B | — | ||
| Q3 24 | $5.2B | — | ||
| Q2 24 | $2.0B | — |
| Q1 26 | — | — | ||
| Q4 25 | 29.4% | — | ||
| Q3 25 | 42.1% | — | ||
| Q2 25 | 31.7% | — | ||
| Q1 25 | 10.5% | — | ||
| Q4 24 | 44.7% | — | ||
| Q3 24 | 35.9% | — | ||
| Q2 24 | 14.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 1.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.87× | 6.83× | ||
| Q3 25 | 37.76× | 0.17× | ||
| Q2 25 | 5.49× | 2.00× | ||
| Q1 25 | 1.27× | 2.29× | ||
| Q4 24 | — | -0.00× | ||
| Q3 24 | 3.49× | 2.29× | ||
| Q2 24 | 1.66× | 1.56× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ABBV
Segment breakdown not available.
APO
| Retirement Services Segment | $8.5B | 86% |
| Asset Management1 | $681.0M | 7% |
| Principal Investing Segment | $624.0M | 6% |
| Management Service Incentive | $96.0M | 1% |