Filing Flows › Ares Management (ARES) › How it makes money
How Ares Management (ARES) makes money
Ares Management (ARES) made $1.3B of revenue in the third quarter 2026 (Q3 2026), +9% from a year earlier. Of every dollar of revenue, 13¢ was left as operating profit, 7¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.3B | 100.0% |
| Operating profit | $164M | 13.1% |
| Income tax | $36.2M | 2.9% |
| Net earnings | $85.3M | 6.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.3B | +9% |
| Q2 2026 | $1.3B | +24% |
| Q1 2026 | $1.3B | +29% |
| Q4 2025 | $1.6B | +26% |
| Q3 2025 | $1.2B | +37% |
| Q2 2025 | $1.0B | +19% |
| Q1 2025 | $1.0B | +36% |
From Ares Management's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Ares Management make money?
Ares Management (ARES) made $1.3B of revenue in the third quarter 2026 (Q3 2026), +9% from a year earlier. Of every dollar of revenue, 13¢ was left as operating profit, 7¢ was left as net earnings.
What is Ares Management's profit margin?
Net earnings were $85.3M, 6.8% of revenue, in the third quarter 2026; the operating margin was 13.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.