| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues | 1,396,436 | 1,504,921 | 1,657,628 | 1,350,128 |
| Compensation and benefits | 692,407 | 604,956 | 659,835 | 643,709 |
| Performance related compensation | 228,336 | 332,921 | 404,095 | 234,706 |
| General, administrative and other expenses | 240,437 | 289,851 | 246,154 | 232,156 |
| Expenses of consolidated funds | 7,283 | 20,916 | -1,868 | 27,007 |
| Total expenses | 1,168,463 | 1,248,644 | 1,308,216 | 1,137,578 |
| Net realized and unrealized gains (losses) on investments-Ares Operating Group | 3,389 | NaN | 188,420 | 12,708 |
| Interest and dividend income-Ares Operating Group | 7,099 | NaN | 13,644 | 7,772 |
| Interest expense-Ares Operating Group | 50,760 | NaN | 46,315 | 43,575 |
| Other income (expense), net-Ares Operating Group | 24,560 | NaN | -7,263 | -46,521 |
| Net realized and unrealized gains (losses) on investments-Consolidated Funds | 134,016 | NaN | 180,255 | 127,752 |
| Interest and other income of consolidated funds-Consolidated Funds | 105,445 | NaN | 130,821 | 161,890 |
| Interest expense-Consolidated Funds | 138,801 | NaN | 156,703 | 145,638 |
| Total other income (expense), net | 84,948 | -49,631 | 302,859 | 74,388 |
| Income before taxes | 312,921 | 206,646 | 652,271 | 286,938 |
| U.s. federal statutory rate | NaN | 26,076* | NaN | NaN |
| State and local taxes, net of federal benefit | NaN | 6,054* | NaN | NaN |
| Effect of cross-border tax laws-GB | NaN | 3,900* | NaN | NaN |
| Effect of cross-border tax laws-JP | NaN | 3,797* | NaN | NaN |
| Effect of cross-border tax laws-SG | NaN | 1,304* | NaN | NaN |
| Effect of cross-border tax laws-Foreign Tax Jurisdiction Other | NaN | 1,668* | NaN | NaN |
| Statutory tax rate differential-GB | NaN | 762* | NaN | NaN |
| Other rate differential items-GB | NaN | -4,086* | NaN | NaN |
| Statutory tax rate differential-JP | NaN | 700* | NaN | NaN |
| Other rate differential items-JP | NaN | -2,094* | NaN | NaN |
| Statutory tax rate differential-SG | NaN | -1,174* | NaN | NaN |
| Other rate differential items-SG | NaN | 1,458* | NaN | NaN |
| Statutory tax rate differential-Foreign Tax Jurisdiction Other | NaN | 335* | NaN | NaN |
| Other rate differential items-Foreign Tax Jurisdiction Other | NaN | -1,056* | NaN | NaN |
| Foreign tax credits | NaN | 3,216* | NaN | NaN |
| Research and development tax credits | NaN | 175* | NaN | NaN |
| Other business tax credits | NaN | 426* | NaN | NaN |
| Changes in valuation allowance | NaN | -237* | NaN | NaN |
| Nondeductible executive compensation expense | NaN | 4,928* | NaN | NaN |
| Other nontaxable or nondeductible items | NaN | 719* | NaN | NaN |
| Income passed through to non-controlling interests | NaN | 31,087* | NaN | NaN |
| Income tax expense | 59,872 | 8,148 | 111,892 | 60,958 |
| Net income | 253,049 | 198,498 | 540,379 | 225,980 |
| Less net income attributable to non-controlling interests in consolidated funds | 29,647 | 126,521 | 67,407 | 3,999 |
| Net income attributable to ares operating group entities | 223,402 | 71,977 | 472,972 | 221,981 |
| Less net income attributable to redeemable interest in ares operating group entities | NaN | -490 | NaN | NaN |
| Less net income (loss) attributable to redeemable interest in ares operating group entities | -1,113 | NaN | 1,797 | -274 |
| Less net income attributable to non-controlling interests in ares operating group entities | 81,926 | 18,219 | 182,293 | 85,193 |
| Net income attributable to ares management corporation | 142,589 | 54,248 | 288,882 | 137,062 |
| Less series b mandatory convertible preferred stock dividends declared | 25,313 | 25,312 | NaN | NaN |
| Less series b mandatory convertible preferred stock dividends declared-Series BMandatory Convertible Preferred Stock | NaN | NaN | 25,313 | 25,312 |
| Net income attributable to ares management corporation class a and non-voting common stockholders | 117,276 | 28,936 | 263,569 | 111,750 |
Ares Management Corp (ARES)
Ares Management Corp (ARES)