Filing Flows › Ares Real Estate Income Trust (ZARE) › Q1 2026 › vs Q1 2025
Ares Real Estate Income Trust (ZARE) Q1 2026 vs Q1 2025 (year over year)
Ares Real Estate Income Trust's revenue rose $28.8M (+25%) from $116M in Q1 2025 to $145M in Q1 2026.
Ares Real Estate Income Trust, Q1 2026: revenue $145M (+25% year over year), operating margin 68.9%, net loss $40.6M, operating cash flow −$163M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $145M | $116M | $28.8M | +25% |
| Net loss | $40.6M | $34.1M | $6.5M | +19% |
| Costs & expenses | $186M | $150M | $35.3M | +23% |
| Operating costs | $45.1M | $39.7M | $5.4M | +14% |
| Interest & other, net | $137M | $106M | $30.5M | +29% |
| Income tax | $4.0M | $4.6M | −$672K | -14% |
| General & admin | $3.2M | $2.9M | $249K | +9% |
| Other operating costs | $42.0M | $36.8M | $5.2M | +14% |
| Operating cash sources | $221M | −$155M | $376M | — |
| Depreciation & amortization | $58.4M | $45.9M | $12.5M | +27% |
| Cash used in operations | $163M | −$201M | $364M | — |
| Net loss absorbed | $40.6M | $34.1M | $6.5M | +19% |
| Working capital & other | $180M | −$189M | $370M | — |
Questions
How much did Ares Real Estate Income Trust's revenue grow year over year in Q1 2026?
Ares Real Estate Income Trust's revenue rose $28.8M (+25%) from $116M in Q1 2025 to $145M in Q1 2026.