Ares Management (ARES) Non Operating Investment Income (2013 - 2026)

Ares Management (ARES) reported Non Operating Investment Income of -$9.8 million for Q1 2026, down 76.63% on a YoY basis from -$41.8 million in Q1 2025, and down 102.5% quarter-over-quarter from $390.7 million in Q4 2025.

Ares Management (ARES) Non Operating Investment Income (2013 - 2026) Analysis & Trends

Ares Management has reported Non Operating Investment Income for 14 years, with the latest figure at -$9.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Non Operating Investment Income fell 76.63% year-over-year to -$9.8 million; the trailing twelve-month figure through Mar 2026 stood at $571.9 million (up 680.19% YoY), and the FY2025 full-year result was $787.2 million, up 188867.63% from the prior year.
  • Non Operating Investment Income for Q1 2026 stood at -$9.8 million, down from $390.7 million in the prior quarter.
  • The five-year high for Non Operating Investment Income was $390.7 million in Q4 2025, with the low at -$186.3 million in Q4 2022.
  • Historically, Non Operating Investment Income has averaged $24.8 million across 5 years, with a median of -$1.8 million in 2022.
  • Annual changes were most pronounced in 2023 — Non Operating Investment Income surged 5524.68% — and 2024, when it slumped 2639.49%.
  • Ares Management's Non Operating Investment Income stood at -$186.3 million in 2022, then soared by 96.59% to -$6.3 million in 2023, then tumbled by 2639.49% to -$173.9 million in 2024, then jumped by 324.69% to $390.7 million in 2025, then sank by 102.5% to -$9.8 million in 2026.
  • The last three Non Operating Investment Income figures came in at -$9.8 million (Q1 2026), $390.7 million (Q4 2025), and $198.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Investment Income (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 72.00 Mn
2 Blackstone 96.85 Bn 95.80 Bn - 1.14 Bn
3 Kkr 86.45 Bn 133.96 Bn - -652.70 Mn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -15.00 Mn
5 State Street 46.95 Bn 21.27 Bn - 1.00 Mn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn -
7 Northern Trust 31.92 Bn 31.92 Bn - -
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - -9.78 Mn
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn -122.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -9.78 Mn
Mar 31, 2026 -9.78 Mn
Dec 31, 2025 390.75 Mn
Dec 31, 2025 390.75 Mn
Sep 30, 2025 198.78 Mn
Sep 30, 2025 198.78 Mn
Jun 30, 2025 -7.83 Mn
Jun 30, 2025 -7.83 Mn
Mar 31, 2025 -5.54 Mn
Mar 31, 2025 -5.54 Mn
Dec 31, 2024 -173.90 Mn
Dec 31, 2024 -173.90 Mn
Sep 30, 2024 -5.25 Mn
Sep 30, 2024 -5.25 Mn
Jun 30, 2024 86.12 Mn
Jun 30, 2024 86.12 Mn
Mar 31, 2024 32.35 Mn
Mar 31, 2024 32.35 Mn
Dec 31, 2023 -6.35 Mn
Dec 31, 2023 -6.35 Mn