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| Date | Value |
|---|---|
| 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 |