Inferra AI / Company / ARES

Ares Management

ARES · Financials

Last earnings Oct 29, 2026

Key results

GAAP net incomequarter

$288.9 million

GAAP net income attributable to Ares Management Corporation was $288.9 million for the quarter ended September 30, 2025.

SEC original ↗Ares Management — Earnings release (8-K exhibit)EX-99Nov 3, 2025

Net incomequarter

$1.15

On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $1.15 for the quarter ended September 30, 2025.

SEC original ↗Ares Management — Earnings release (8-K exhibit)EX-99Nov 3, 2025

Revenuequarter

$85.4 million

revenues of $85.4 million

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

3) Includes $32.1 billion of perpetual capital IGAUM that could potentially result in crystallized fee related performance revenues, composed of $20.3 billion within the Credit Group, $7.4 billion within the Real Assets Group and $4.4 billion within the Secondaries Group.

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

RevenueQ3 2025

5.6%

Credit Group1 Alternative Credit 5.6% / 16.0% $ in thousands Q3-25 Q3-24 % Change YTD-25 YTD-24 % Change Management and other fees $665,435 $567,970 17% $1,891,932 $1,633,992 16% Fee related performance revenues 62,389 41,761 49 81,098 48,920 66 Fee Related Earnings $468,605 $388,698 21 $1,303,509 $1,109,396 17 Realized Income $474,572 $393,579 21 $1,342,005 $1,158,012 16 $ in billions Q3-25 Q3-24 % Change Gross Capital Deployment $33.1 $24.1 37% AUM 391.5 335.3 17 FPAUM 240.2 205.2 17 Financial Summary and Highlights Strategy Performance Highlights Opportunistic Credit 4.2% / 13.4% U.

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

Revenueytd

24 %

Credit Group1 Alternative Credit 5.6% / 16.0% $ in thousands Q3-25 Q3-24 % Change YTD-25 YTD-24 % Change Management and other fees $665,435 $567,970 17% $1,891,932 $1,633,992 16% Fee related performance revenues 62,389 41,761 49 81,098 48,920 66 Fee Related Earnings $468,605 $388,698 21 $1,303,509 $1,109,396 17 Realized Income $474,572 $393,579 21 $1,342,005 $1,158,012 16 $ in billions Q3-25 Q3-24 % Change Gross Capital Deployment $33.1 $24.1 37% AUM 391.5 335.3 17 FPAUM 240.2 205.2 17 Financial Summary and Highlights Strategy Performance Highlights Opportunistic Credit 4.2% / 13.4% U.

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

revenues increased by 49% for Q3-25 compared to Q3-24, driven by higher incentive fees earned from our open-ended core alternative credit fund Fee Related Earnings increased by 21% for Q3-25 compared to Q3-24

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

revenues increased by 49% for Q3-25 compared to Q3-24 Fee Related Earnings increased by 21% for Q3-25 compared to Q3-24 Fee related performance

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

revenues increased by 66% for FY-24 compared to FY-23 primarily driven by higher incentive fees recognized from an open-ended core alternative credit fund in FY-24 The increase in Fee Related Earnings for FY-24 compared to FY-23 was also driven by the increase in net fee related performance revenues YTD-25 YTD-24 % Cha

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

AI analysis

Q3 2025 · reported Nov 3, 2025

Based on: Earnings release + Q3 2025 deck + parent 8-K + 10-Q — transcript not held

Revenue · Q3 2025
$85.4M
EX-99 · Nov 3, 2025
GAAP net income · Q3 2025
$288.9M
EX-99 · Nov 3, 2025
Net income · Q3 2025
$1.15
-100.0% vs prior quarter computed from stated figures
EX-99 · Nov 3, 2025

Headline figures

MetricQ3 2025Prior qtrYear ago
GAAP net income$288.9 million$137.1 million—
Net income$1.15$137.1 million—
Revenue$85.4 million$16.7 million—

EX-99 · Nov 3, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Dividend$1.12

Common Stock Dividend Ares declared a quarterly dividend of $1.12 per share of its Class A and non-voting common stock, payable on December 31, 2025 to its Class A and non-voting common stockholders of record at the close of business on December 17, 2025.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Fee related earnings were $471.2 million for the quarter ended September 30, 2025

Based on: Earnings release + Q3 2025 deck + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Common Stock Dividend Ares declared a quarterly dividend of $1.12 per share of its Class A and non-voting common stock, payable on December 31, 2025 to its Class A and non-voting common stockholders of record at the close of business on December 17, 2025.

SEC original ↗Ares Management — Earnings release (8-K exhibit)EX-99Nov 3, 2025

Preferred Stock Dividend Ares declared a quarterly dividend of $0.84375 per share of its 6.75% Series B mandatory convertible preferred stock, payable on January 1, 2026 to its preferred stockholders of record at the close of business on December 15, 2025.

SEC original ↗Ares Management — Earnings release (8-K exhibit)EX-99Nov 3, 2025

Dividend Reinvestment Program Ares has a Dividend Reinvestment Program for its Class A common stockholders that will be effective for the quarterly dividend on December 31, 2025.

SEC original ↗Ares Management — Earnings release (8-K exhibit)EX-99Nov 3, 2025

6 Gross New Capital Commitments1 1) Represents gross new capital commitments during the period presented, including equity and debt commitments, and gross inflows into our open-ended managed accounts, publicly-traded vehicles and perpetual wealth vehicles.

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

Direct Lending $8.1 Capital raised of $5.1 billion by our business development companies ( BDCs ), including $3.1 billion by Ares Strategic Income Fund ( ASIF ) and $1.4 billion by ARCC Debt and equity commitments to various funds European Direct Lending 4.7 Debt and equity commitments to various funds, including debt commitments of $2.9 billion to Ares Capital Europe VI, L.

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

( ACE VI ) Capital raised of $1.3 billion by our open-ended European direct lending fund Liquid Credit 2.9 Equity commitments to various funds Alternative Credit 2.7 Equity and debt commitments to various funds, including equity commitments of $1.1 billion and debt commitments of $0.2 billion to our open-ended core alternative credit fund Opportunistic Credit 0.9 Equity commitments of $0.7 billion to our third opportunistic credit fund Total Credit Group $19.3 Real Assets Group Real Estate $2.8 Equity and debt commitments to various funds, including debt commitments of $0.8 billion to our European real estate equity funds and equity commitments of $0.6 billion to our U.

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

Strategy & priorities

We now expect to meaningfully exceed our previous annual fundraising record of $93 billion this year, driven by the growing breadth of investor demand across our various investment strategies and distribution channels.

SEC original ↗Ares Management — Earnings release (8-K exhibit)EX-99Nov 3, 2025

Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy and liquidity.

SEC original ↗Ares Management — Earnings release (8-K exhibit)EX-99Nov 3, 2025

Direct Lending $8.1 Capital raised of $5.1 billion by our business development companies ( BDCs ), including $3.1 billion by Ares Strategic Income Fund ( ASIF ) and $1.4 billion by ARCC Debt and equity commitments to various funds European Direct Lending 4.7 Debt and equity commitments to various funds, including debt commitments of $2.9 billion to Ares Capital Europe VI, L.

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

and European direct lending, alternative credit and real estate strategies Deployment by our perpetual capital vehicles was $21.2 billion in Q3-25 compared to $12.9 billion in Q3-24 Of our perpetual capital vehicles, the investment strategies with the highest deployment were U.

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

and European direct lending and alternative credit strategies 14Note: Past performance is not indicative of future results.

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

Risks & headwinds

Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy and liquidity.

SEC original ↗Ares Management — Earnings release (8-K exhibit)EX-99Nov 3, 2025

This presentation contains forward looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, that are subject to risks and uncertainties.

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

Legal Proceedings 113 Item 1A.

SEC original ↗Ares Management — 10-Q Quarterly report10-QAug 7, 2026

If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, our actual results may vary materially from those indicated in these forward-looking statements.

SEC original ↗Ares Management — 10-Q Quarterly report10-QAug 7, 2026

New risks and uncertainties arise over time, and it is not possible for us to predict those events or how they may affect us.

SEC original ↗Ares Management — 10-Q Quarterly report10-QAug 7, 2026

What changed vs prior quarter

GAAP net income — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Ares Management — Earnings release (8-K exhibit)EX-99Nov 3, 2025

Net income — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Ares Management — Earnings release (8-K exhibit)EX-99Nov 3, 2025

Revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Ares Management — Presentation / slide deck (8-K exhibit)EX-99Nov 3, 2025

Documents

Earnings deck slides

0 decks with slide view

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Ares Management — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Filings

68 documents

Earnings releases

17 documents

Presentations

15 documents

Transcripts

0 documents

No transcripts for Ares Management are held in this edition of the library.

Mentioned by

1 company

Other tracked companies whose held documents mention Ares Management by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.