Ares reports $150.6 million Q2 net income

• Ares Management reported a second-quarter 2026 GAAP net income attributable to the company of $150.6 million, or $0.49 per basic and diluted share.
• The company recorded an after-tax realized income of $467.6 million, translating to $1.29 per Class A share, alongside $491.1 million in fee-related earnings.
• The alternative investment manager stated that its strong performance was driven by more than $36 billion in new fundraising inflows, enabling it to amass a record $170 billion of dry powder.

Ares Management (NYSE:ARES) announced its second-quarter 2026 financial results, posting a GAAP net income attributable to the company of $150.6 million, or $0.49 per share.

The firm generated $491.1 million in fee-related earnings and $467.6 million in after-tax realized income, equating to $1.29 per Class A share.

The company expanded its total assets under management to $671 billion as of June 30, 2026, while accumulating a record $170 billion in dry powder.

Following the announcement, Ares Management's share price was down at $124.12.

Management noted that many key financial metrics grew by more than 20% year-over-year, positioning the firm to capitalize on an expanding firmwide investment pipeline.

The board declared a quarterly common dividend of $1.35 per share, payable on September 30, 2026, and confirmed that a Dividend Reinvestment Program for Class A stock will be effective for this distribution.