Business Segments · Operating Income (Loss)

Secondaries Group — Operating Income (Loss)

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.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Higher operating income indicates strong segment profitability and effective management of investment strategies.

Detailed definition

Measures the profitability of the Secondaries Group segment by subtracting operating expenses from total segment revenue...

Peer comparison

Standard segment performance metric; peers report this as segment operating profit.

Metric ID: ares_segment_secondaries_group_operating_income_loss

Historical Data

18 periods
 Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$21.31M$74.03M
CAGR+18.5%
Avg YoY Growth+26.8%
Median YoY Growth+11.8%

Frequently Asked Questions

What is Ares Management Corporation's secondaries group — operating income (loss)?
Ares Management Corporation (ARES) reported secondaries group — operating income (loss) of $54.63M in Q1 2026.
How has Ares Management Corporation's secondaries group — operating income (loss) changed year-over-year?
Ares Management Corporation's secondaries group — operating income (loss) increased by 34.6% year-over-year, from $40.58M to $54.63M.
What is the long-term trend for Ares Management Corporation's secondaries group — operating income (loss)?
Over 3 years (2022 to 2025), Ares Management Corporation's secondaries group — operating income (loss) has grown at a 23.6% compound annual growth rate (CAGR), from $110.50M to $208.41M.
What does secondaries group — operating income (loss) mean?
The profit or loss generated by the Secondaries Group from its core business activities.