Ares Management Corp SEC 10-Q Report

Ares Management Corp, a leading global alternative investment manager, has released its Form 10-Q report for the second quarter of 2025. The report highlights significant financial and operational achievements, reflecting the company's robust performance and strategic growth initiatives. Below is a detailed summary of the key financial and business highlights from the report.

Financial Highlights

• Total Revenues: $1,350.1 million, reflecting a significant increase from the previous year driven by higher management fees and carried interest allocation.
• Net Income: $225.98 million, a decrease compared to the previous year, impacted by increased compensation and benefits expenses.
• Net Income Per Share: $0.46, consistent with the previous year, indicating stable earnings per share despite fluctuations in net income.
• Diluted EPS: $0.46, reflecting the same value as basic earnings per share, indicating no significant dilution effect from potential share conversions.

Business Highlights

• Revenue Segments: The company reported significant growth in management fees, carried interest allocation, and administrative, transaction, and other fees. Management fees increased to $900,622 for the three months ended June 30, 2025, compared to $721,681 for the same period in 2024. Carried interest allocation also saw a substantial increase, reaching $323,901 from a negative $51,167 in the previous year.
• Geographical Performance: The acquisition of GCP International expanded the company's geographic presence, particularly enhancing its capabilities in real estate and digital infrastructure investments. This acquisition is expected to contribute to the company's growth in international markets.
• New Product Launches: The acquisition of GCP International added complementary real estate and digital infrastructure investment capabilities, which are expected to enhance the company's product offerings and market reach.
• Future Outlook: The company anticipates continued growth in its Real Assets Group segment, driven by the integration of GCP International and the expansion of its investment capabilities. The management expects the acquisition to generate synergies and enhance the company's competitive position in the global market.

SEC Filing: Ares Management Corp [ ARES ] - 10-Q - Aug. 08, 2025