Filing Flows › Ares Management (ARES) › Q2 2026 › vs Q1 2026
Ares Management (ARES) Q2 2026 vs Q1 2026 (quarter over quarter)
Ares Management's revenue fell $5.2M (-0.4%) from $1.3B in Q1 2026 to $1.3B in Q2 2026. Operating margin 24.3% against 21.8% (+2.5 pts).
Ares Management, Q2 2026: revenue $1.3B (+24% year over year), operating margin 24.3%, net earnings $151M, operating cash flow −$351M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 24.3% | 21.8% | +2.5 pts |
| Net margin | 11.6% | 11.0% | +0.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | −$5.2M | -0.4% |
| Operating profit | $315M | $283M | $31.4M | +11% |
| Costs & expenses | $979M | $1.0B | −$36.6M | -4% |
| Pre-tax earnings | $315M | $283M | $31.4M | +11% |
| SG&A | $256M | $240M | $15.3M | +6% |
| Other operating costs | $723M | $775M | −$51.9M | -7% |
| Net earnings | $151M | $143M | $8.0M | +6% |
| Minority interests | $91.1M | $80.8M | $10.3M | +13% |
| Income tax | $73.0M | $59.9M | $13.1M | +22% |
| Operating cash sources | $685M | −$60.3M | $745M | — |
| Share-based compensation | $183M | $204M | −$20.9M | -10% |
| Cash used in operations | $351M | −$407M | $758M | — |
| Working capital & other | $685M | −$60.3M | $745M | — |
Questions
How much did Ares Management's revenue grow quarter over quarter in Q2 2026?
Ares Management's revenue fell $5.2M (-0.4%) from $1.3B in Q1 2026 to $1.3B in Q2 2026. Operating margin 24.3% against 21.8% (+2.5 pts).