Total Operating Expenses
Ares Management Corporation Total Operating Expenses decreased by 6.4% to $1.17B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.2%, from $1.01B to $1.17B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 8.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.
Detailed definition
Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...
Peer comparison
Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.
total_operating_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.02B | $813.27M | $1.05B | $611.68M | $552.87M | $898.10M | $686.43M | $628.64M | $837.74M | $560.96M | $770.52M | $538.49M | $564.54M | $854.89M | $980.77M | $1.01B | $1.14B | $1.31B | $1.25B | $1.17B |
| QoQ Change | — | -20.6% | +28.7% | -41.6% | -9.6% | +62.4% | -23.6% | -8.4% | +33.3% | -33.0% | +37.4% | -30.1% | +4.8% | +51.4% | +14.7% | +3.4% | +12.2% | +15.0% | -4.6% | -6.4% |
| YoY Change | — | — | — | — | -46.0% | +10.4% | -34.4% | +2.8% | +51.5% | -37.5% | +12.3% | -14.3% | -32.6% | +52.4% | +27.3% | +88.4% | +101.5% | +53.0% | +27.3% | +15.2% |
Business Segments
| Segment | FY'21 | FY'22 | FY'25 |
|---|---|---|---|
| Credit Group | — | — | $879.57M |
| Real Assets Group | — | — | $806.55M |
| Secondaries Group | $89.28M | $289.74M | $195.79M |
| Private Equity Group | — | — | $80.68M |
| Other | $11.93M | $64.68M | $3.35M |
| Total | $3.41B | $2.75B | $4.71B |
All segment values are derived from annual filings.
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is Ares Management Corporation's total operating expenses?
- Ares Management Corporation (ARES) reported total operating expenses of $1.17B in Q1 2026.
- How has Ares Management Corporation's total operating expenses changed year-over-year?
- Ares Management Corporation's total operating expenses increased by 15.2% year-over-year, from $1.01B to $1.17B.
- What is the long-term trend for Ares Management Corporation's total operating expenses?
- Over 4 years (2021 to 2025), Ares Management Corporation's total operating expenses has grown at a 8.4% compound annual growth rate (CAGR), from $3.41B to $4.71B.
- What does total operating expenses mean?
- The total cost of running the business, including all non-production expenses.