Ares Management (ARES) Other Operating Expenses (2013 - 2026)
Ares Management's (ARES) quarterly Other Operating Expenses came in at $928.0 million in Q1 2026, up 18.01% YoY from $786.4 million in Q1 2025, and down 3.21% on a QoQ basis from $958.8 million in Q4 2025.
Ares Management (ARES) Other Operating Expenses (2013 - 2026) Analysis & Trends
Ares Management (ARES) has 14 years of Other Operating Expenses data on file, last reported at $928.0 million in Q1 2026.
- Quarterly Other Operating Expenses rose 18.01% year-over-year to $928.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.9 billion (up 47.05% YoY) and the FY2025 annual result came in at $3.7 billion, up 68.59% from the prior year.
- Other Operating Expenses declined to $928.0 million in Q1 2026, from $958.8 million in the prior quarter.
- In the past five years, Other Operating Expenses ranged from a high of $1.1 billion in Q3 2025 to a low of $349.1 million in Q3 2023.
- A 5-year average of $649.1 million and a median of $611.7 million in 2023 frame the typical range for Other Operating Expenses.
- Annual changes were most pronounced in 2022 — Other Operating Expenses sank 53.82% — and 2025, when it surged 129.16%.
- Tracing ARES's Other Operating Expenses over 5 years: stood at $553.6 million in 2022, then gained by 10.5% to $611.7 million in 2023, then rose by 27.78% to $781.6 million in 2024, then increased by 22.66% to $958.8 million in 2025, then retreated by 3.21% to $928.0 million in 2026.
- The last three Other Operating Expenses figures came in at $928.0 million (Q1 2026), $958.8 million (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - |
| 10 | Ares Management | 11.39 Bn | 11.39 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 924.26 Mn |
| Mar 31, 2026 | 928.03 Mn |
| Dec 31, 2025 | 958.79 Mn |
| Sep 30, 2025 | 1.06 Bn |
| Jun 30, 2025 | 905.42 Mn |
| Mar 31, 2025 | 786.41 Mn |
| Dec 31, 2024 | 781.65 Mn |
| Sep 30, 2024 | 657.87 Mn |
| Jun 30, 2024 | 395.11 Mn |
| Mar 31, 2024 | 367.57 Mn |
| Dec 31, 2023 | 611.72 Mn |
| Sep 30, 2023 | 349.12 Mn |
| Jun 30, 2023 | 696.59 Mn |
| Mar 31, 2023 | 480.29 Mn |
| Dec 31, 2022 | 553.62 Mn |
| Sep 30, 2022 | 578.75 Mn |
| Jun 30, 2022 | 430.30 Mn |
| Mar 31, 2022 | 491.16 Mn |
| Dec 31, 2021 | 888.27 Mn |
| Sep 30, 2021 | 678.81 Mn |