Ares Management Corporation Incentive fees — Total revenues decreased by 22.4% to $161.93M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 405.1%, from $32.06M to $161.93M. Over 4 years (FY 2021 to FY 2025), Incentive fees — Total revenues shows relatively stable performance with a 1.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests strong investment performance and successful realization of assets, while a decrease may indicate market volatility or a lack of profitable exit opportunities. Consistent growth in this metric often signals high-quality fund management and strong alignment with investor interests.
This metric represents the total revenue generated from performance-based fees earned by an asset manager for exceeding...
Comparable to 'Performance Fees' or 'Carried Interest' reported by other alternative asset managers and private equity firms, though accounting recognition timing can vary significantly between peers.
ares_segment_incentive_fees_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 | $15.91M | $696.00K | $317.39M | $16.46M | $4.68M | $8.88M | $275.15M | $9.06M | $7.95M | $16.45M | $244.26M | $8.67M | $47.73M | $48.64M | $240.44M | $32.06M | $23.34M | $100.67M | $208.65M | $161.93M |
| QoQ Change | — | -95.6% | >999% | -94.8% | -71.6% | +90.0% | >999% | -96.7% | -12.3% | +107.0% | >999% | -96.5% | +450.8% | +1.9% | +394.3% | -86.7% | -27.2% | +331.3% | +107.3% | -22.4% |
| YoY Change | — | — | — | — | -70.6% | >999% | -13.3% | -44.9% | +70.1% | +85.3% | -11.2% | -4.3% | +500.4% | +195.6% | -1.6% | +269.9% | -51.1% | +107.0% | -13.2% | +405.1% |