Ares Capital (ARCC) Operating Income (2021 - 2026)
Ares Capital (ARCC) posted quarterly Operating Income of $367.0 million for Q2 2026, up 4.86% year-over-year from $350.0 million in Q2 2025, and down 7.79% quarter-over-quarter from $398.0 million in Q1 2026.
Ares Capital (ARCC) Operating Income (2021 - 2026) Analysis & Trends
Ares Capital (ARCC) has reported Operating Income for 6 consecutive years, with $367.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Income rose 4.86% year-over-year to $367.0 million; the TTM figure through Jun 2026 stood at $1.5 billion (up 1.52% YoY), while the FY2025 annual figure was $1.5 billion, down 1.22% from the prior year.
- Operating Income fell to $367.0 million in Q2 2026 per ARCC's latest filing, from $398.0 million in the prior quarter.
- Across five years, Operating Income topped out at $398.0 million in Q1 2026 and bottomed at $198.0 million in Q1 2022.
- Historically, Operating Income has averaged $333.9 million across 5 years, with a median of $347.0 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Income jumped 60.61% — and 2025, when it declined 9.38%.
- Ares Capital's Operating Income stood at $349.0 million in 2022, then slipped by 1.15% to $345.0 million in 2023, then climbed by 5.22% to $363.0 million in 2024, then climbed by 1.93% to $370.0 million in 2025, then decreased by 0.81% to $367.0 million in 2026.
- Business Quant data shows ARCC's Operating Income at $367.0 million in Q2 2026, $398.0 million in Q1 2026, and $370.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 2.46 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | - |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 2.04 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | - |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 5.35 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 1.22 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | - |
| 10 | Ares Capital | 14.22 Bn | 13.84 Bn | - | 367.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 367.00 Mn |
| Mar 31, 2026 | 398.00 Mn |
| Dec 31, 2025 | 370.00 Mn |
| Sep 30, 2025 | 338.00 Mn |
| Jun 30, 2025 | 350.00 Mn |
| Mar 31, 2025 | 365.00 Mn |
| Dec 31, 2024 | 363.00 Mn |
| Sep 30, 2024 | 373.00 Mn |
| Jun 30, 2024 | 386.00 Mn |
| Mar 31, 2024 | 326.00 Mn |
| Dec 31, 2023 | 345.00 Mn |
| Sep 30, 2023 | 292.00 Mn |
| Jun 30, 2023 | 314.00 Mn |
| Mar 31, 2023 | 318.00 Mn |
| Dec 31, 2022 | 349.00 Mn |
| Sep 30, 2022 | 302.00 Mn |
| Jun 30, 2022 | 257.00 Mn |
| Mar 31, 2022 | 198.00 Mn |
| Dec 31, 2021 | 242.00 Mn |
| Sep 30, 2021 | 189.00 Mn |