The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 253,049 | 198,498 | 540,379 | 225,980 |
| Equity compensation expense-Parent Company | - | 740,549 | - | - |
| Depreciation and amortization-Parent Company | - | 243,149 | - | - |
| Net realized and unrealized gains on investments-Parent Company | - | 315,369 | - | - |
| Changes in value of contingent earnout arrangements-Parent Company | - | 349,706 | - | - |
| Investments purchased-Parent Company | - | 220,846 | - | - |
| Proceeds from sale of investments-Parent Company | - | 324,434 | - | - |
| Other (income) expense, net-Parent Company | - | -923 | - | - |
| Net realized and unrealized gains on investments-Consolidated Funds | - | 551,076 | - | - |
| Investments purchased-Consolidated Funds | - | 8,284,076 | - | - |
| Proceeds from sale of investments-Consolidated Funds | - | 9,830,928 | - | - |
| Other (income) expense, net-Consolidated Funds | - | 212,962 | - | - |
| Adjustments to reconcile net income to net cash provided (used in) by operating activities-Parent Company | -619,381 | - | 625,168 | 247,080 |
| Net carried interest and incentive fees receivable-Parent Company | - | 37,802 | - | - |
| Adjustments to reconcile net income to net cash provided (used in) by operating activities-Consolidated Funds | 1,193,678 | - | 755,491 | -2,301,080 |
| Due to/from affiliates-Parent Company | - | 184,751 | - | - |
| Other assets-Parent Company | - | 228,410 | - | - |
| Accrued compensation and benefits-Parent Company | - | -132,401 | - | - |
| Cash flows due to changes in operating assets and liabilities-Parent Company | -389,768 | - | 341,894 | 102,551 |
| Accounts payable, accrued expenses and other liabilities-Parent Company | - | 91,962 | - | - |
| Cash flows due to changes in operating assets and liabilities allocable to redeemable and non-controlling interest in consolidated funds-Consolidated Funds | -197,833 | 129,878 | -153,252 | 118,667 |
| Net cash relinquished with deconsolidation of consolidated funds-Consolidated Funds | - | -151,500 | - | - |
| Change in other assets and receivables held at consolidated funds-Consolidated Funds | - | -42,359 | - | - |
| Change in other liabilities and payables held at consolidated funds-Consolidated Funds | - | -28,921 | - | - |
| Net cash provided by operating activities | 406,515 | -483,688 | 1,340,743 | 415,701 |
| Purchase of furniture, equipment and leasehold improvements, net of disposals | 15,643 | 15,793 | 11,492 | 22,918 |
| Acquisitions, net of cash acquired | -8,477 | 5,286 | 3,460 | 0 |
| Net cash used in investing activities | -7,166 | -21,079 | -14,952 | -22,918 |
| Net proceeds from issuance of series b mandatory convertible preferred stock-Parent Company | - | 0 | - | - |
| Net proceeds from issuance of class a common stock-Parent Company | - | 0 | 0 | 0 |
| Proceeds from credit facility-Parent Company | - | 730,000 | 605,000 | 400,000 |
| Proceeds from issuance of senior notes-Parent Company | - | 0 | - | - |
| Proceeds from credit facility-Parent Company | 505,000 | - | - | - |
| Repayments of credit facility-Parent Company | - | 465,000 | 605,000 | 270,000 |
| Proceeds from term loan-Parent Company | 399,415 | - | - | - |
| Repayment of senior notes-Parent Company | - | 0 | - | - |
| Repayments of credit facility-Parent Company | 460,000 | - | - | - |
| Dividends and distributions-Parent Company | 522,752 | 459,751 | 423,678 | 428,171 |
| Stock option exercises-Parent Company | - | 0 | 0 | 0 |
| Taxes paid related to net share settlement of equity awards-Parent Company | 318,428 | 11,246 | 9,014 | 19,887 |
| Other financing activities-Parent Company | 12,719 | -716 | 840 | 1,333 |
| Contributions from redeemable and non-controlling interests in consolidated funds-Consolidated Funds | 337,686 | 577,528 | 109,756 | 160,147 |
| Distributions to non-controlling interests in consolidated funds-Consolidated Funds | 79,832 | 517,515 | 29,264 | 1,582 |
| Redemptions of redeemable interests in consolidated funds-Consolidated Funds | - | 0 | 502,360 | 7,143 |
| Borrowings under loan obligations by consolidated funds-Consolidated Funds | 824,531 | 1,019,683 | 219,700 | 139,885 |
| Repayments under loan obligations by consolidated funds-Consolidated Funds | 991,250 | 330,127 | 591,077 | 452,703 |
| Net cash used in financing activities | -292,911 | 542,856 | -1,225,097 | -567,201 |
| Effect of exchange rate changes | -26,555 | -45,862 | -113,681 | 65,538 |
| Net change in cash and cash equivalents | 79,883 | -7,773 | -12,987 | -108,880 |
| Cash and cash equivalents, beginning of period | 488,896 | 496,669 | 509,656 | 618,536 |
| Cash and cash equivalents, end of period | 568,779 | 488,896 | 496,669 | 509,656 |
Ares Management Corp (ARES)
Ares Management Corp (ARES)