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Ares Real Estate Income Trust (ZARE) free cash flow by quarter

Ares Real Estate Income Trust's free cash flow was $177M in Q2 2026 (second quarter 2026), +25% from Q4 2025. Over the last 4 quarters it ranged from $9.9M (Q2 2025) to $195M (Q1 2025).

Ares Real Estate Income Trust free cash flow by quarterAres Real Estate Income Trust free cash flow by quarter$195MQ1 2025$9.9MQ2 2025$141MQ4 2025$177MQ2 2026
QuarterFree cash flowQ/QY/Y
Q2 2026$177M+25%18×
Q4 2025$141M14×—
Q2 2025$9.9M-95%—
Q1 2025$195M——

Q2 2026 at a glance

Ares Real Estate Income Trust, Q2 2026: revenue $151M (+28% year over year), operating margin 70.2%, net loss $26.1M, operating cash flow $189M. The chart follows the revenue to costs, profit and cash.

Questions

What is Ares Real Estate Income Trust's free cash flow?

Ares Real Estate Income Trust's free cash flow was $177M in Q2 2026 (second quarter 2026), +25% from Q4 2025.

How has Ares Real Estate Income Trust's free cash flow changed?

Over the last 4 quarters it ranged from $9.9M (Q2 2025) to $195M (Q1 2025).

Q2 2026 results → · How Ares Real Estate Income Trust makes money →