Operating Expenses

SG&A

Ares Management Corporation SG&A decreased by 17.0% to $240.44M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.5%, from $227.91M to $240.44M. Over 3 years (FY 2022 to FY 2025), SG&A shows an upward trend with a 12.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: selling_general_and_administrative

Historical Data

19 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$83.36M$134.45M$120.52M$122.57M$319.35M$132.82M$148.35M$141.15M$211.84M$158.81M$170.93M$169.43M$197.02M$199.12M$227.91M$232.16M$246.15M$289.85M$240.44M
QoQ Change+61.3%-10.4%+1.7%+160.6%-58.4%+11.7%-4.8%+50.1%-25.0%+7.6%-0.9%+16.3%+1.1%+14.5%+1.9%+6.0%+17.8%-17.0%
YoY Change+47.0%+137.5%+23.1%+15.2%-33.7%+19.6%+15.2%+20.0%-7.0%+25.4%+33.3%+37.0%+24.9%+45.6%+5.5%
Range$83.36M$319.35M
CAGR+26.5%
Avg YoY Growth+27.2%
Median YoY Growth+23.1%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Real Assets Group$35.79M$33.92M
Secondaries Group$8.63M
Other$1.89M$1.46M$1.54M$1.48M$2.71M$2.14M$2.56M
Total$169.43M$197.02M$199.12M$227.91M$232.16M$246.15M$289.85M$240.44M

Real Estate Group was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Ares Management Corporation's sg&a?
Ares Management Corporation (ARES) reported sg&a of $240.44M in Q1 2026.
How has Ares Management Corporation's sg&a changed year-over-year?
Ares Management Corporation's sg&a increased by 5.5% year-over-year, from $227.91M to $240.44M.
What is the long-term trend for Ares Management Corporation's sg&a?
Over 3 years (2022 to 2025), Ares Management Corporation's sg&a has grown at a 12.7% compound annual growth rate (CAGR), from $695.26M to $996.08M.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.