Income StatementBalance SheetCash FlowSegments
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Ares Management Corporation Income Statement

Revenue, expenses, and profitability over time

Ares Management Corporation generated $5.9B in trailing twelve-month revenue, up 0.4% year-over-year. Net income was $622.8M with a 10.54% net margin. Based on the Q1 2026 filing.

Total Revenue (TTM)$5.9BNet Income (TTM)$622.8M
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$27.9B
P/E Ratio44.79
ROE14.69%

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders$154.5M$21.9M$111.8M$263.6M$28.9M$117.3M
Net earnings to common$154.5M$21.9M$111.8M$263.6M$28.9M$117.3M
Net Income Available to Common Shareholders$154.5M$21.9M$111.8M$263.6M$28.9M$117.3M
Net income attributable to common stock$154.5M$21.9M$111.8M$263.6M$28.9M$117.3M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reclassifications Net of Tax$154.5M$21.9M$111.8M$263.6M$28.9M$117.3M
Revenue From Contract With Customer Excluding Assessed Tax$1.3B$1.1B$1.4B$1.7B$1.5B$1.4B

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Compensation and benefits$463.1M$657.1M$643.7M$659.8M$605.0M$692.4M
Expenses of Consolidated Funds—$6.7M—-$1.9M—$7.3M
Performance related compensation$309.4M$122.6M$234.7M$404.1M$332.9M$228.3M
Other operating expenses$980.8M$1.0B$1.1B$1.3B$1.2B$1.2B
Selling, general and administrative$199.1M$227.9M$232.2M$246.2M$289.9M$240.4M
Total operating expenses$980.8M$1.0B$1.1B$1.3B$1.2B$1.2B

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$399.9M$141.0M$286.9M$652.3M$206.6M$312.9M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$49.9M$17.5M$61.0M$111.9M$8.1M$59.9M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other income (expense), net$121.6M$66.6M$74.4M$302.9M—$84.9M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$1.3B$1.1B$1.4B$1.7B$1.5B$1.4B