Ares Management Corporation Fee related performance revenues — Total revenues decreased by 88.6% to $19.56M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 30.3%, from $28.05M to $19.56M. Over 4 years (FY 2021 to FY 2025), Fee related performance revenues — Total revenues shows an upward trend with a 21.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests the firm is successfully capturing performance incentives from its managed assets while maintaining a stable, recurring revenue profile. A decrease may indicate lower performance-based fee generation or a shift in the underlying asset management fee structure.
This metric represents the portion of total revenue derived from performance-based fees that are recurring or fee-relate...
Comparable to 'Performance Fee Revenue' or 'Incentive Fee Revenue' reported by other alternative asset managers, though specific accounting treatment for 'fee-related' versus 'carried interest' performance fees varies by firm.
ares_segment_fee_related_performance_revenues_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 | $654.00K | $579.00K | $134.61M | $12.71M | $1.24M | $1.09M | $224.38M | $3.87M | $854.00K | $2.21M | $173.51M | $3.72M | $21.57M | $44.27M | $161.98M | $28.05M | $16.70M | $85.40M | $171.16M | $19.56M |
| QoQ Change | — | -11.5% | >999% | -90.6% | -90.2% | -12.1% | >999% | -98.3% | -77.9% | +159.0% | >999% | -97.9% | +480.2% | +105.3% | +265.9% | -82.7% | -40.5% | +411.5% | +100.4% | -88.6% |
| YoY Change | — | — | — | — | +89.6% | +88.3% | +66.7% | -69.5% | -31.1% | +102.9% | -22.7% | -4.0% | >999% | >999% | -6.6% | +654.7% | -22.6% | +92.9% | +5.7% | -30.3% |