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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

Bigger by revenue
ABBV
ABBV
1.5× larger
ABBV
$15.0B
$9.9B
APO
Growing faster (revenue YoY)
APO
APO
+76.8% gap
APO
86.7%
9.9%
ABBV
Higher net margin
APO
APO
2.3% more per $
APO
6.9%
4.6%
ABBV
Faster 2-yr revenue CAGR
APO
APO
Annualised
APO
18.4%
1.8%
ABBV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ABBV
ABBV
APO
APO
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.

Revenue
ABBV
ABBV
APO
APO
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
Net Profit
ABBV
ABBV
APO
APO
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
Gross Margin
ABBV
ABBV
APO
APO
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%
Operating Margin
ABBV
ABBV
APO
APO
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%
Net Margin
ABBV
ABBV
APO
APO
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%
EPS (diluted)
ABBV
ABBV
APO
APO
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
ABBV
ABBV
APO
APO
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.

Cash + ST Investments
ABBV
ABBV
APO
APO
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
Total Debt
ABBV
ABBV
APO
APO
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
Stockholders' Equity
ABBV
ABBV
APO
APO
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
Total Assets
ABBV
ABBV
APO
APO
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
Debt / Equity
ABBV
ABBV
APO
APO
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
ABBV
ABBV
APO
APO
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.

Operating Cash Flow
ABBV
ABBV
APO
APO
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
Free Cash Flow
ABBV
ABBV
APO
APO
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
FCF Margin
ABBV
ABBV
APO
APO
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%
Capex Intensity
ABBV
ABBV
APO
APO
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%
Cash Conversion
ABBV
ABBV
APO
APO
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
ABBV

Segment breakdown not available.

APO
APO

Retirement Services Segment$8.5B86%
Asset Management1$681.0M7%
Principal Investing Segment$624.0M6%
Management Service Incentive$96.0M1%

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