# Ares Management (ARES) — Earnings

ARES · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/ares/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $1.29 |
| EPS estimate | $1.28 |
| EPS surprise | +1.06% |
| Revenue surprise | +12.83% |
| Revenue | $1.4B |
| Revenue estimate | $1.3B |
| Reported | Jul 31, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1176948/000162828026054538/ares-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/c0afc640-530a-eee2-69f2-93f708c5b184.html) |

Ares Management reported Q2 2026 results on July 31, 2026. Earnings per share were $1.29, ahead of the $1.28 estimate by 1.06%. Revenue was $1.4 billion, above the $1.3 billion consensus. Compared with Q2 2025, EPS rose about 25% from $1.03, while revenue was level at $1.4 billion. EPS was also up from Q1 2026's $1.24.

The longer record shows steady growth. Annual EPS rose from $3.35 in 2022 to $3.65 in 2023, $3.97 in 2024 and $4.76 in 2025, about 42% higher over that span. Revenue grew from about $3.06 billion in 2022 to $4.68 billion in 2025. The first half of 2026 added up to $2.53 per share, about 19% more than the same period of 2025. Q4 has been the strongest quarter for EPS in each full year in the table, and Q4 2025 set the high at $1.45. Over the last 20 quarters, Ares beat the EPS estimate 11 times and missed nine times.

Ares reported Q3 between October 27 and November 3 in each of the past five years. That points to late October or early November 2026 for the next report. It will show whether Q2's year-over-year growth continues.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 31, 2026 | $1.28 | $1.29 | 1.06% | $1.3B | $1.4B |
| Q1 2026 | May 1, 2026 | $1.33 | $1.24 | -6.98% | $1.3B | $1.3B |
| Q4 2025 | Feb 5, 2026 | $1.69 | $1.45 | -14.00% | $1.5B | $1.2B |
| Q3 2025 | Nov 3, 2025 | $1.15 | $1.19 | 3.34% | $1.1B | $1.1B |
| Q2 2025 | Aug 1, 2025 | $1.08 | $1.03 | -4.85% | $1.0B | $1.4B |
| Q1 2025 | May 5, 2025 | $0.94 | $1.09 | 15.91% | $927.9M | $975.7M |
| Q4 2024 | Feb 5, 2025 | $1.30 | $1.23 | -5.21% | $1.1B | $1.2B |
| Q3 2024 | Nov 1, 2024 | $0.94 | $0.95 | 1.19% | $751.6M | $825.1M |
| Q2 2024 | Aug 2, 2024 | $0.98 | $0.99 | 0.87% | $778.4M | $770.9M |
| Q1 2024 | May 2, 2024 | $0.92 | $0.80 | -13.01% | $749.5M | $717.0M |
| Q4 2023 | Feb 8, 2024 | $1.10 | $1.21 | 10.48% | $918.1M | $1.0B |
| Q3 2023 | Oct 31, 2023 | $0.87 | $0.83 | -4.21% | $736.6M | $666.2M |
| Q2 2023 | Aug 1, 2023 | $0.85 | $0.90 | 5.68% | $725.5M | $777.2M |
| Q1 2023 | Apr 28, 2023 | $0.81 | $0.71 | -12.20% | $692.0M | $650.7M |
| Q4 2022 | Feb 9, 2023 | $1.07 | $1.21 | 13.37% | $889.7M | $1.1B |
| Q3 2022 | Oct 27, 2022 | $0.74 | $0.75 | 1.47% | $619.8M | $801.3M |
| Q2 2022 | Jul 28, 2022 | $0.69 | $0.74 | 6.91% | $587.7M | $601.4M |
| Q1 2022 | Apr 28, 2022 | $0.67 | $0.65 | -2.68% | $600.1M | $552.4M |
| Q4 2021 | Feb 11, 2022 | $0.72 | $0.85 | 18.29% | $663.5M | $876.3M |
| Q3 2021 | Oct 27, 2021 | $0.64 | $0.62 | -2.62% | $510.6M | $512.2M |

## Frequently Asked Questions

### When did Ares Management (ARES) last report earnings?

Ares Management last reported on Jul 31, 2026, covering fiscal Q2 2026.

### Did ARES beat earnings estimates?

Yes. Ares Management reported EPS of $1.29 for Q2 2026 against a $1.28 estimate — a 1.06% beat.

### How much revenue did ARES report last quarter?

Ares Management reported $1.4B in revenue for Q2 2026, against a consensus estimate of $1.3B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).