ares: the income statement

MyFinsight

For the quarter ending 2025-09-30.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2024-09-30
Interest and other income of consolidated funds	-	-	234,681
Interest and dividend income	-	-	7,553
Net realized and unrealized gains on investments	-	-	59,757
Interest expense	-	-	230,932
Other income (expense), net	-	-	-18,805
Total other income (expense), net	302,859	74,388	52,254
Income before taxes	652,271	286,938	327,106
Income tax expense	111,892	60,958	46,453
Net income	540,379	225,980	280,653
Less net income attributable to non-controlling interests in consolidated funds-Consolidated Funds	67,407	3,999	-
Less net income attributable to non-controlling interests in consolidated funds	-	3,999	64,241
Net income attributable to ares operating group entities	472,972	221,981	-
Less net income attributable to redeemable interest in ares operating group entities	1,797	-274	-
Net income (loss)	-	-	216,412
Less net income attributable to non-controlling interests in ares operating group entities	182,293	85,193	96,633
Net income attributable to ares management corporation	288,882	137,062	-
Less net income (loss) attributable to redeemable interest in ares operating group entities	-	-	1,319
Less series b mandatory convertible preferred stock dividends declared-Series BMandatory Convertible Preferred Stock	25,313	25,312	-
Net income attributable to ares management corporation class a and non-voting common stockholders	263,569	111,750	118,460

Basic eps	-	-	0.93