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

Ares Management (ARES) has reported Operating Expenses for 14 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 3.73% year-over-year to $1.2 billion; the trailing twelve-month figure through Jun 2026 stood at $4.9 billion (up 23.02% YoY), and the FY2025 full-year result was $4.7 billion, up 60.23% from the prior year.
• Operating Expenses advanced to $1.2 billion in Q2 2026 per ARES's latest filing, from $1.2 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $1.3 billion in Q3 2025 and bottomed at $538.5 million in Q1 2024.
• Historically, Operating Expenses has averaged $863.5 million across 5 years, with a median of $846.3 million in 2023.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses tumbled 46.05% in 2022, then jumped 101.5% in 2025.
• Over 5 years, Operating Expenses stood at $686.4 million in 2022, then advanced by 12.25% to $770.5 million in 2023, then increased by 27.29% to $980.8 million in 2024, then increased by 27.31% to $1.2 billion in 2025, then slipped by 5.5% to $1.2 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.2 billion, $1.2 billion, and $1.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.