Ares Management

Ares Management (ARES) Q2 2025 Earnings

Reported Jul 31, 2025 at 8:00 PM ET · SEC Source

Q2 25 EPS

$1.03

MISS 5.26%

Est. $1.09

Q2 25 Revenue

$1.35B

BEAT +40.31%

Est. $962.3M

Did ARES Beat Earnings? Q2 2025 Results

Revenue was $1.35 billion, above the $992.17 million consensus estimate. EPS was $1.03, below the $1.11 consensus estimate. Ares Management Corporation reported a strong second quarter for 2025, with a significant increase in assets under management … Read more Revenue was $1.35 billion, above the $992.17 million consensus estimate. EPS was $1.03, below the $1.11 consensus estimate. Ares Management Corporation reported a strong second quarter for 2025, with a significant increase in assets under management (AUM) to $572.4 billion, up 28% year-over-year. The growth was driven by robust fundraising activities and the acquisition of GCP International. The company declared a quarterly dividend of $1.12 per share for its Class A and non-voting common stock, payable on September 30, 2025. CEO Michael Arougheti highlighted the company's diversified suite of funds and strong investor interest across various channels. The company also reported after-tax realized income of $367.9 million, with fee-related earnings of $409.1 million. Despite the strong revenue performance, the EPS fell short of expectations, reflecting increased expenses and strategic investments.

Key Takeaways

  • Strong investment performance across major strategies
  • Record quarterly market appreciation
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ARES YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

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ARES Revenue by Segment

With YoY comparisons, source: SEC Filings

Q4 25 Q1 26

“We generated strong second quarter results, growing AUM, fee paying AUM and management fees by 24% or more year over year.”

— Michael Arougheti, Q2 2025 Earnings Press Release