Filing Flows › Ares Real Estate Income Trust (ZARE) › Q2 2026 › vs Q1 2026
Ares Real Estate Income Trust (ZARE) Q2 2026 vs Q1 2026 (quarter over quarter)
Ares Real Estate Income Trust's revenue rose $6.0M (+4%) from $145M in Q1 2026 to $151M in Q2 2026.
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 draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 116.9% | -123.2% | +240.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $151M | $145M | $6.0M | +4% |
| Net loss | $26.1M | $40.6M | −$14.5M | -36% |
| Costs & expenses | $177M | $186M | −$8.5M | -5% |
| Operating costs | $45.1M | $45.1M | −$36K | -0.1% |
| Interest & other, net | $121M | $137M | −$15.3M | -11% |
| Income tax | $10.8M | $4.0M | $6.9M | +173% |
| General & admin | $3.5M | $3.2M | $315K | +10% |
| Other operating costs | $41.6M | $42.0M | −$351K | -0.8% |
| Operating cash sources | $215M | −$122M | $337M | — |
| Depreciation & amortization | $59.5M | $58.4M | $1.1M | +2% |
| Working capital & other | $156M | −$180M | $336M | — |
| Net loss absorbed | $26.1M | $40.6M | −$14.5M | -36% |
| Operating cash flow | $189M | −$163M | $352M | — |
| Free cash flow (OCF − capex) | $177M | −$179M | $356M | — |
| Capital expenditures | $12.7M | $16.3M | −$3.6M | -22% |
Questions
How much did Ares Real Estate Income Trust's revenue grow quarter over quarter in Q2 2026?
Ares Real Estate Income Trust's revenue rose $6.0M (+4%) from $145M in Q1 2026 to $151M in Q2 2026.