Ares Management (ARES) Other Operating Expenses (2013 - 2026)
Ares Management (ARES) reported Other Operating Expenses of $928.0 million for Q1 2026, up 18.01% on a YoY basis from $786.4 million in Q1 2025, and down 3.21% quarter-over-quarter from $958.8 million in Q4 2025.
Ares Management (ARES) Other Operating Expenses (2013 - 2026) Analysis & Trends
Ares Management has reported Other Operating Expenses for 14 years, with the latest figure at $928.0 million in Q1 2026.
- For the quarter ending Q1 2026, Other Operating Expenses rose 18.01% year-over-year to $928.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.9 billion (up 47.05% YoY), and the FY2025 full-year result was $3.7 billion, up 68.59% from the prior year.
- Other Operating Expenses for Q1 2026 stood at $928.0 million, down from $958.8 million in the prior quarter.
- The five-year high for Other Operating Expenses was $1.1 billion in Q3 2025, with the low at $349.1 million in Q3 2023.
- Historically, Other Operating Expenses has averaged $649.1 million across 5 years, with a median of $611.7 million in 2023.
- Annual changes were most pronounced in 2022 — Other Operating Expenses surged 8864.62% — and 2024, when it tumbled 43.28%.
- Ares Management's Other Operating Expenses 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - |
| 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 | - |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 4.80 Mn |