Ares Capital (ARCC) Operating Income (2021 - 2026)
Ares Capital (ARCC) reported Operating Income of $404.0 million for Q1 2026, up 8.6% year-over-year from $372.0 million in Q1 2025, and up 4.39% on a QoQ basis from $387.0 million in Q4 2025.
Ares Capital (ARCC) has 6 years of Operating Income data on file, last reported at $404.0 million in Q1 2026.
- Quarterly Operating Income rose 8.6% year-over-year to $404.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.5 billion (down 1.72% YoY) and the FY2025 annual result came in at $1.5 billion, down 1.22% from the prior year.
- Operating Income grew to $404.0 million in Q1 2026 per ARCC's latest filing, from $387.0 million in the prior quarter.
- Across five years, Operating Income topped out at $404.0 million in Q1 2026 and bottomed at $211.0 million in Q1 2022.
- The 5-year median for Operating Income is $350.0 million (2025), against an average of $339.5 million.
- The widest annual swing landed in 2022, when Operating Income soared 59.79%; it then slipped 12.28% in 2025.
- Tracing ARCC's Operating Income over 5 years: stood at $367.0 million in 2022, then decreased by 3.54% to $354.0 million in 2023, then increased by 5.08% to $372.0 million in 2024, then rose by 4.03% to $387.0 million in 2025, then rose by 4.39% to $404.0 million in 2026.
- Per Business Quant, the three latest ARCC Operating Income figures stand at $404.0 million (Q1 2026), $387.0 million (Q4 2025), and $349.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 2.81 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 1.99 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 79.00 Mn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 901.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Ares Capital | 13.69 Bn | 10.94 Bn | - | 404.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 404.00 Mn |
| Dec 31, 2025 | 387.00 Mn |
| Sep 30, 2025 | 349.00 Mn |
| Jun 30, 2025 | 350.00 Mn |
| Mar 31, 2025 | 372.00 Mn |
| Dec 31, 2024 | 372.00 Mn |
| Sep 30, 2024 | 373.00 Mn |
| Jun 30, 2024 | 399.00 Mn |
| Mar 31, 2024 | 332.00 Mn |
| Dec 31, 2023 | 354.00 Mn |
| Sep 30, 2023 | 292.00 Mn |
| Jun 30, 2023 | 320.00 Mn |
| Mar 31, 2023 | 320.00 Mn |
| Dec 31, 2022 | 367.00 Mn |
| Sep 30, 2022 | 302.00 Mn |
| Jun 30, 2022 | 267.00 Mn |
| Mar 31, 2022 | 211.00 Mn |
| Dec 31, 2021 | 250.00 Mn |
| Sep 30, 2021 | 189.00 Mn |