Filing Flows › Ares Real Estate Income Trust (ZARE) › Q1 2026 › vs Q4 2025
Ares Real Estate Income Trust (ZARE) Q1 2026 vs Q4 2025 (quarter over quarter)
Ares Real Estate Income Trust's revenue rose $3.7M (+3%) from $141M in Q4 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 Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $145M | $141M | $3.7M | +3% |
| Net loss | $40.6M | $35.0M | $5.6M | +16% |
| Costs & expenses | $186M | $176M | $9.3M | +5% |
| Operating costs | $45.1M | $43.9M | $1.2M | +3% |
| Interest & other, net | $137M | $131M | $5.5M | +4% |
| Income tax | $4.0M | $1.4M | $2.6M | +187% |
| General & admin | $3.2M | $4.1M | −$910K | -22% |
| Other operating costs | $42.0M | $39.9M | $2.1M | +5% |
| Operating cash sources | $221M | −$108M | $329M | — |
| Depreciation & amortization | $58.4M | $54.7M | $3.6M | +7% |
| Cash used in operations | $163M | −$163M | $325M | — |
| Net loss absorbed | $40.6M | $35.0M | $5.6M | +16% |
| Working capital & other | $180M | −$143M | $324M | — |
Questions
How much did Ares Real Estate Income Trust's revenue grow quarter over quarter in Q1 2026?
Ares Real Estate Income Trust's revenue rose $3.7M (+3%) from $141M in Q4 2025 to $145M in Q1 2026.