FINHUB Insights

ARES · Q2 FY25 · Apr 1 – Jun 30, 2025

Ares Management Q2 FY25: where the revenue came from and where it went

Ares Management Q2 FY25: revenue $1B (+19% year over year). Net profit $0.1B. Largest cohort Management fees $0.9B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Aug 8, 2025 10-Q
Sankey diagram of Ares Management's income statement for Q2 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 +19% year over year
Operating profit$0.2B 20% margin
Net profit$0.1B 13% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 1 100% +19%
Management fees 0.9 90%
Other fees 0.1 10%
Performance income—realized 0.1 10%
SG&A−0.222%+3pp
Other−0.657%+0pp
Operating profit0.220% margin−5pp
Tax−0.1
Net profit0.113%+2pp
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