FINHUB Insights

ARES · Q1 FY26 · Mar 31, 2026

Ares Management Q1 FY26: where the revenue came from and where it went

Ares Management Q1 FY26: revenue $1.3B (+29% year over year). Net profit $0.1B. Largest cohort Management Service $1B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 31, 2026
Reported
May 8, 2026 10-Q
Sankey diagram of Ares Management's income statement for Q1 FY26: revenue of $1.3 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.3B +29% year over year
Operating profit$0.2B 18% margin
Net profit$0.1B 11% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 1.3 100% +29%
Management Service 1 77% +24%
Carried Interest 0.2 15% +2%
Administrative Service 0.1 8%
SG&A−0.219%−4pp
Other−0.964%+0pp
Operating profit0.218% margin+10pp
Tax−0.1
Net profit0.111%+6pp
Filing on EDGAR More quarters of ARES

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

Older quarters