FINHUB Insights

ARES · Q1 FY25 · Jan 1 – Mar 31, 2025

Ares Management Q1 FY25: where the revenue came from and where it went

Ares Management Q1 FY25: revenue $1B (+37% year over year). Net profit $0B. Largest cohort Management fees $0.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
May 12, 2025 10-Q
Sankey diagram of Ares Management's income statement for Q1 FY25: revenue of $1 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1B +37% year over year
Operating profit$0.1B 7% margin
Net profit$0B 5% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear over year
Revenue 1 100% +37%
Management fees 0.8 80%
Performance income—realized 0.1 10%
SG&A−0.223%−1pp
Other−0.770%+0pp
Operating profit0.17% margin−16pp
Net profit05%−5pp
Filing on EDGAR More quarters of ARES

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters