Ares Management Financials

Values in thousands	2026-09-30	2026-06-30	2026-03-31	2025-12-31
Revenue	$1,513,656	$1,428,610	$1,533,411	$1,533,411
Gross Profit	1,203,199	248,633	1,473,717	1,473,717
EBITDA	552,895	542,292	562,176	562,176
EBIT	492,321	542,292	502,482	502,482
Net Income	85,330	150,635	142,589	142,589
Net Change In Cash	1,513,656	1,428,610	1,533,411	1,533,411
Free Cash Flow		-384,495	390,872	-499,481
Cash		1,852,358	1,438,084	1,499,960
Basic Shares	227,518	226,304	224,033	224,033

Values in thousands	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue	$6,470,140	$3,884,781	$3,631,884	$3,055,443
Gross Profit	4,839,224	2,153,034	2,145,186	1,556,853
EBITDA	2,297,502	2,412,231	2,425,651	1,334,864
EBIT	2,054,353	2,253,653	2,193,939	993,523
Net Income	527,361	463,742	474,326	167,541
Net Change In Cash	6,470,140	3,884,781	3,631,884	3,055,443
Cost of Revenue				56,572
Free Cash Flow	3,194,781	2,699,645	-300,444	-769,908
Cash	1,499,960	2,735,465	1,497,785	1,114,628
Basic Shares	217,361	198,054	195,773	175,510