ARES Q1 2025 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$36B

Q1 2025 Earnings

Financial Services Asset Management

Income Statement

Revenue

$1.1B+53.9% YoY

Gross Profit

$432M39.6% margin

Operating Income

$74M6.8% margin

Net Income

$47M4.3% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

-13.5%

Cash Flow

Operating Cash Flow

$2.0B

Free Cash Flow

$2.0B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$27.2B

Total Liabilities

$19.0B

Stockholders' Equity

$4.5B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$707M	+53.9%
Gross Profit	$432M	$294M	+46.6%
Operating Income	$74M	$169M	-55.9%
Net Income	$47M	$73M	-35.4%

Revenue Segments

Management Service

$827M75%

Carried Interest

$165M15%

Administrative Service

$58M5%

Management Service, Incentive

$32M3%

Principal Investment Income

$27M2%