Growth Metrics

Ares Management (ARES) Operating Expenses (2016 - 2025)

Ares Management (ARES) has disclosed Operating Expenses for 13 consecutive years, with $1.2 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 27.31% year-over-year to $1.2 billion, compared with a TTM value of $4.7 billion through Dec 2025, up 60.23%, and an annual FY2025 reading of $4.7 billion, up 60.23% over the prior year.
  • Operating Expenses was $1.2 billion for Q4 2025 at Ares Management, down from $1.3 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.3 billion in Q3 2025 and bottomed at $525.1 million in Q1 2021.
  • Average Operating Expenses over 5 years is $857.8 million, with a median of $846.3 million recorded in 2023.
  • The sharpest move saw Operating Expenses surged 540.7% in 2021, then crashed 37.54% in 2023.
  • Year by year, Operating Expenses stood at $1.0 billion in 2021, then plummeted by 34.44% to $686.4 million in 2022, then increased 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.
  • Business Quant data shows Operating Expenses for ARES at $1.2 billion in Q4 2025, $1.3 billion in Q3 2025, and $1.1 billion in Q2 2025.