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Ares Management (ARES) Annual Income Statement

Annual · GAAP · USD millions
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Quarterly income statement trends provide context on Ares Management's margins, operating leverage, and earnings trajectory.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2025)
2025 		(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Revenues
Revenue From Contract With Customer Excluding Assessed Tax5,601.48
Total Revenue6,224.21
Costs & Expenses
Gross Profit6,224.21
Selling, Administration, Marketing996.08
Other Operating Expense / Income1,147.07
Operating Costs2,143.14
Noninterest Expense Investment Advisory Fees0.00
Interest Expense0.00
Net Interest Expense / Income0.00
Other Loss / Income2,343.09
Total Costs & Expenses4,937.31
Income & Taxes
Income / Loss Before Income Taxes1,286.89
Income Taxes Expense / Benefit198.54
Income After Income Taxes834.45
Net Income / Loss of Other Equity-253.90
Income / Loss from Continuing Operations834.45
Net Income / Loss834.45
Non-controlling Interests1.35
Preferred Dividends101.25
Income / Loss Attributable to Shareholders426.11
EBIT1,286.89
EBITD1,530.04
EBITDA1,530.04
Earnings Per Share
Basic EPS (excl. extra items)1.71
Basic Net EPS1.71
Basic shares outstanding (Mill. of Units)217.36
EPS other shares1.71
Diluted Net EPS1.71
Diluted average shares (Mill. of Units)217.36
Dividend per share0.00
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About Ares Management Corp Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: February 25, 2026
  • Original filing: ares-20251231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.