Ares Management
Quarterly Financials
| Values in thousands | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
Revenue | $1,765,770 | $1,657,628 | $1,350,128 | $1,088,805 |
Gross Profit | 1,282,813 | 997,793 | 706,419 | 431,680 |
EBITDA | 457,308 | 921,245 | 476,151 | 330,165 |
EBIT | 392,748 | 855,289 | 355,801 | 197,759 |
Net Income | 54,248 | 288,882 | 137,062 | 47,170 |
Net Change In Cash | 1,765,770 | 1,657,628 | 1,350,128 | 1,088,805 |
Free Cash Flow | -2,149,921 | 1,329,251 | 392,783 | 1,972,228 |
Cash | 1,499,960 | 1,499,960 | 1,531,905 | 1,802,811 |
Basic Shares | 221,143 | 219,881 | 218,916 | 209,351 |
Annual Financials
| Values in thousands | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
Revenue | $6,470,140 | $3,884,781 | $3,631,884 | $3,055,443 |
Gross Profit | 4,839,224 | 2,153,034 | 2,145,186 | 1,556,853 |
EBITDA | 2,296,278 | 2,412,231 | 2,425,651 | 1,334,864 |
EBIT | 2,054,353 | 2,253,653 | 2,193,939 | 993,523 |
Net Income | 527,361 | 463,742 | 474,326 | 167,541 |
Net Change In Cash | 6,470,140 | 3,884,781 | 3,631,884 | 3,055,443 |
Cost of Revenue | 56,572 | |||
Free Cash Flow | 1,544,341 | 2,699,645 | -300,444 | -769,908 |
Cash | 1,499,960 | 2,735,465 | 1,497,785 | 1,114,628 |
Basic Shares | 217,361 | 198,054 | 195,773 | 175,510 |
Earnings Calls
| Quarter | EPS |
|---|---|
2026-03-31 | $0 |
2025-12-31 | $1.45 |
2025-09-30 | $1.19 |
2025-06-30 | $1.03 |