ARES Financials

Income Statement
MetricQ1 2026Q4 2025Q3 2025Q2 2025Q1 2025
Revenue
1.4B
-7.2%
1.5B
-9.2%
1.7B
+22.8%
1.4B
+24.0%
1.1B
Cost of Revenue
0
0
0
0
0
Gross Profit
1.4B
-7.2%
1.5B
-9.2%
1.7B
+22.8%
1.4B
+24.0%
1.1B
Operating Expenses
1.2B
-6.4%
1.2B
-4.6%
1.3B
+15.0%
1.1B
+12.2%
1.0B
R&D
0
0
0
0
0
SG&A
1.2B
-5.4%
1.2B
-6.3%
1.3B
+18.0%
1.1B
+10.2%
1.0B
Operating Income
228.0M
-11.0%
256.3M
-26.7%
349.4M
+64.4%
212.6M
+185.4%
74.5M
EBITDA
228.0M
-54.4%
499.4M
+42.9%
349.4M
+64.4%
212.6M
+185.4%
74.5M
Net Income
253.0M
+27.5%
198.5M
-63.3%
540.4M
+139.1%
226.0M
+83.0%
123.5M
EPS (Basic)
$-0.89
-126.1%
$3.41
+11266.7%
$0.03
-93.5%
$0.46
+141.1%
$-1.12
EPS (Diluted)
$-0.89
-126.1%
$3.41
+11266.7%
$0.03
-93.5%
$0.46
+141.1%
$-1.12
Shares (Diluted)
224.0M
+1.2%
221.3M
+0.6%
219.9M
+0.4%
218.9M
+4.6%
209.4M
Ares Management (ARES) โ€” Financials