Filing Flows › Ares Real Estate Income Trust (ZARE) › How it makes money
How Ares Real Estate Income Trust (ZARE) makes money
Ares Real Estate Income Trust (ZARE) made $151M of revenue in the second quarter 2026 (Q2 2026), +28% from a year earlier.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $151M | 100.0% |
| Income tax | $10.8M | 7.2% |
| Operating cash flow | $189M | 125.3% |
| Free cash flow | $177M | 116.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $151M | +28% |
| Q1 2026 | $145M | +25% |
| Q4 2025 | $141M | +31% |
| Q3 2025 | $123M | +14% |
| Q2 2025 | $118M | +15% |
| Q1 2025 | $116M | +17% |
| Q4 2024 | $108M | +15% |
From Ares Real Estate Income Trust's 10-Q filed Aug 12, 2026 (on EDGAR).
Questions
How does Ares Real Estate Income Trust make money?
Ares Real Estate Income Trust (ZARE) made $151M of revenue in the second quarter 2026 (Q2 2026), +28% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.