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What changed in Ares Management Corporation's latest annual report

In the year ended 31 Dec 2025, Ares Management Corporation's revenue rose 44.2% to USD 5.60bn, from USD 3.88bn; net income rose 13.7% to USD 527.36m, from USD 463.74m; shareholders' equity rose 20.7% to USD 4.28bn, from USD 3.54bn.

Year ended 31 Dec 2025. Source: 10-K filed 25 Feb 2026, read it on SEC EDGAR.

USD 3.88bn to USD 5.60bn

Revenue, up 44.2% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue3.88bn5.60bnUp 44.2%
Net income463.74m527.36mUp 13.7%
Total assets24.88bn28.63bnUp 15.1%
Total liabilities17.49bn19.93bnUp 14%
Shareholders' equity3.54bn4.28bnUp 20.7%

Questions people ask

Did Ares Management Corporation's revenue grow last year?

Revenue grew 44.2%, from USD 3.88bn to USD 5.60bn in the year ended 31 Dec 2025.

Is Ares Management Corporation profitable?

Yes. Net income was USD 527.36m in the year ended 31 Dec 2025. The year before: USD 463.74m.

Where do these numbers come from?

From Ares Management Corporation's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Ares Management Corporation (ARES) 10-K: what changed year on year | LYNORIQ Insights