Ares Management (ARES) Accumulated Expenses (2013 - 2026)

Ares Management has reported Accumulated Expenses for 14 years, with the latest figure at $422.5 million in Q1 2026.

• For the quarter ending Q1 2026, Accumulated Expenses rose 40.49% year-over-year to $422.5 million; the trailing twelve-month figure through Mar 2026 stood at $422.5 million (up 40.49% YoY), and the FY2025 full-year result was $473.0 million, up 68.38% from the prior year.
• Accumulated Expenses for Q1 2026 stood at $422.5 million, down from $473.0 million in the prior quarter.
• The five-year high for Accumulated Expenses was $656.7 million in Q3 2025, with the low at $214.1 million in Q1 2023.
• Historically, Accumulated Expenses has averaged $376.3 million across 5 years, with a median of $361.0 million in 2023.
• Annual changes were most pronounced in 2022 — Accumulated Expenses soared 217.53% — and 2023, when it slumped 43.69%.
• Ares Management's Accumulated Expenses stood at $510.1 million in 2022, then tumbled by 43.69% to $287.3 million in 2023, then dropped by 2.22% to $280.9 million in 2024, then jumped by 68.38% to $473.0 million in 2025, then dropped by 10.67% to $422.5 million in 2026.
• The last three Accumulated Expenses figures came in at $422.5 million (Q1 2026), $473.0 million (Q4 2025), and $656.7 million (Q3 2025), per Business Quant data.