Filing Flows › Ares Management (ARES) › Operating margin
Ares Management (ARES) operating margin by quarter
Ares Management's operating margin was 13.1% in Q3 2026 (third quarter 2026), -11.3 pts from Q2 2026. Over the last 7 quarters it ranged from 5.1% (Q4 2025) to 50.7% (Q3 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 13.1% | -11.3 pts | -37.7 pts |
| Q2 2026 | 24.3% | +2.5 pts | -2.9 pts |
| Q1 2026 | 21.8% | +16.7 pts | +13.3 pts |
| Q4 2025 | 5.1% | -45.6 pts | — |
| Q3 2025 | 50.7% | +23.6 pts | — |
| Q2 2025 | 27.2% | +18.7 pts | — |
| Q1 2025 | 8.5% | — | — |
Q3 2026 at a glance
Ares Management, Q3 2026: revenue $1.3B (+9% year over year), operating margin 13.1%, net earnings $85.3M, operating cash flow −$86.3M. The chart follows the revenue to costs, profit and cash.
Questions
What is Ares Management's operating margin?
Ares Management's operating margin was 13.1% in Q3 2026 (third quarter 2026), -11.3 pts from Q2 2026.
How has Ares Management's operating margin changed?
Over the last 7 quarters it ranged from 5.1% (Q4 2025) to 50.7% (Q3 2025).