Ares Management Corporation Secondaries Group — Operating Income (Loss) increased by 26.3% to $54.63M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 34.6%, from $40.58M to $54.63M. Over 3 years (FY 2022 to FY 2025), Secondaries Group — Operating Income (Loss) shows an upward trend with a 23.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Higher operating income indicates strong segment profitability and effective management of investment strategies.
Measures the profitability of the Secondaries Group segment by subtracting operating expenses from total segment revenue...
Standard segment performance metric; peers report this as segment operating profit.
ares_segment_secondaries_group_operating_income_loss| Q3 '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 | $26.52M | $29.79M | $28.11M | $22.21M | $30.39M | $25.43M | $21.31M | $24.52M | $33.13M | $25.61M | $33.64M | $27.75M | $39.17M | $40.58M | $50.54M | $74.03M | $43.25M | $54.63M |
| QoQ Change | — | +12.3% | -5.6% | -21.0% | +36.8% | -16.3% | -16.2% | +15.0% | +35.1% | -22.7% | +31.4% | -17.5% | +41.1% | +3.6% | +24.5% | +46.5% | -41.6% | +26.3% |
| YoY Change | — | — | — | -16.2% | — | -14.6% | -24.2% | +10.4% | +9.0% | +0.7% | +57.8% | +13.2% | +18.3% | +58.5% | +50.2% | +166.7% | +10.4% | +34.6% |