Ares Management Corporation Reports Q2 2026 Financial Results
Ares Management Corporation (NYSE:ARES) reported its second-quarter financial results for 2026, with GAAP net income of $150.6 million and earnings per share of $0.49 on a basic and diluted basis. The firm also recorded after-tax realized income of $467.6 million or $1.29 per Class A common stock. Fee-related earnings reached $491.1 million for the quarter, driven by strong fundraising performance with over $36 billion in inflows. CEO Michael Arougheti highlighted the firm's ability to remain active despite a slower transaction environment and noted an increase in its investment pipeline. CFO Jarrod Phillips emphasized that many key financial metrics grew more than 20% year-over-year, positioning Ares well for continued earnings growth with $170 billion of dry powder. Ares also announced dividends: $1.35 per share on Class A and non-voting common stock payable September 30 to shareholders recorded as of September 16; and a preferred stock dividend of $0.84375 for its Series B mandatory convertible shares, due October 1.
Tickers: $ARES