Ares Management (ARES) Non Operating Investment Income (2013 - 2026)
Ares Management's (ARES) quarterly Non Operating Investment Income came in at $176.4 million in Q2 2026, up 35.4% on a YoY basis from $130.3 million in Q2 2025, and up 26.08% quarter-over-quarter from $139.9 million in Q1 2026.
Analysis
Ares Management (ARES) Non Operating Investment Income (2013 - 2026) Analysis & Trends
Ares Management (ARES) has reported Non Operating Investment Income for 14 consecutive years, with $176.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non Operating Investment Income rose 35.4% year-over-year to $176.4 million; the trailing twelve-month figure through Jun 2026 stood at $2.4 billion (up 40.68% YoY), and the FY2025 full-year result was $2.3 billion, up 41.23% from the prior year.
- Non Operating Investment Income rose to $176.4 million in Q2 2026 per ARES's latest filing, from $139.9 million in the prior quarter.
- Across five years, Non Operating Investment Income topped out at $1.9 billion in Q4 2025 and bottomed at -$6.0 million in Q4 2022.
- Historically, Non Operating Investment Income has averaged $273.4 million across 5 years, with a median of $76.6 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Non Operating Investment Income slumped 1785.2% in 2022, then soared 10198.84% in 2023.
- Over 5 years, Non Operating Investment Income stood at -$6.0 million in 2022, then jumped by 10198.84% to $609.3 million in 2023, then soared by 138.11% to $1.5 billion in 2024, then jumped by 32.67% to $1.9 billion in 2025, then sank by 90.84% to $176.4 million in 2026.
- According to Business Quant data, Non Operating Investment Income over the past three periods registered $176.4 million, $139.9 million, and $1.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 94.04 Bn | 96.47 Bn | - | 2.47 Bn |
| 2 | Kkr | 88.71 Bn | -188.36 Bn | - | 378.59 Mn |
| 3 | Brookfield | 84.30 Bn | 53.74 Bn | 19.38 Bn | - |
| 4 | Brookfield Asset Management | 73.57 Bn | 73.30 Bn | - | - |
| 5 | Apollo Global Management | 72.51 Bn | 67.61 Bn | 10.54 Bn | 2.99 Bn |
| 6 | Wheaton Precious Metals | 68.51 Bn | 68.41 Bn | 687.86 Mn | - |
| 7 | Franco Nevada | 51.37 Bn | 49.83 Bn | 451.00 Mn | - |
| 8 | Ares Management | 44.61 Bn | 49.53 Bn | - | 176.40 Mn |
| 9 | Tpg | 18.17 Bn | 19.73 Bn | - | -9.05 Mn |
| 10 | Blue Owl Capital | 15.34 Bn | 18.79 Bn | - | -1.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 176.40 Mn |
| Mar 31, 2026 | 139.91 Mn |
| Dec 31, 2025 | 1.92 Bn |
| Sep 30, 2025 | 198.78 Mn |
| Jun 30, 2025 | 130.28 Mn |
| Mar 31, 2025 | 88.41 Mn |
| Dec 31, 2024 | 1.45 Bn |
| Sep 30, 2024 | 64.83 Mn |
| Jun 30, 2024 | 93.52 Mn |
| Mar 31, 2024 | 34.42 Mn |
| Dec 31, 2023 | 609.26 Mn |
| Sep 30, 2023 | -1.77 Mn |
| Jun 30, 2023 | 5.48 Mn |
| Mar 31, 2023 | 1.52 Mn |
| Dec 31, 2022 | -6.03 Mn |
| Sep 30, 2022 | 4.43 Mn |
| Jun 30, 2022 | -1.78 Mn |
| Mar 31, 2022 | 8.11 Mn |
| Dec 31, 2021 | 358,000.00 |
| Sep 30, 2021 | 8.33 Mn |