Ares Management Corporation Carried interest — Total revenues decreased by 24.9% to $162.75M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $165.13M to $162.75M. Over 4 years (FY 2021 to FY 2025), Carried interest — Total revenues shows a downward trend with a -13.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates successful investment exits and strong performance relative to return benchmarks, while a decrease suggests fewer realizations or lower investment performance.
This metric represents the total revenue generated from performance-based fees, commonly known as carried interest, earn...
Comparable to performance fees or incentive allocations reported by other alternative asset managers and private equity firms.
ares_segment_carried_interest_total_revenues| 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 | $852.52M | $460.65M | $462.84M | $178.29M | $47.30M | $192.19M | $47.78M | $154.90M | $422.41M | -$28.13M | $81.97M | -$32.48M | -$51.17M | $278.68M | $221.96M | $165.13M | $330.74M | $473.04M | $216.68M | $162.75M |
| QoQ Change | — | -46.0% | +0.5% | -61.5% | -73.5% | +306.3% | -75.1% | +224.2% | +172.7% | -106.7% | +391.4% | -139.6% | -57.5% | +644.7% | -20.4% | -25.6% | +100.3% | +43.0% | -54.2% | -24.9% |
| YoY Change | — | — | — | — | -94.5% | -58.3% | -89.7% | -13.1% | +793.0% | -114.6% | +71.5% | -121.0% | -112.1% | >999% | +170.8% | +608.4% | +746.4% | +69.7% | -2.4% | -1.4% |