Ares Management Q3 net income $288.9 million, $1.15 per share; expects record fundraising
Ares Management reported third-quarter 2025 results on November 3, 2025, with GAAP net income attributable to Ares of $288.9 million, or $1.15 per share, compared with $118.5 million, or $0.55 per share, a year earlier. The company also declared a $1.12 quarterly dividend per Class A share and said it now expects to meaningfully exceed its previous annual fundraising record of $93 billion this year.
Key points
- GAAP net income attributable to Ares was $288.9 million, or $1.15 per share, for Q3 2025, versus $118.5 million, or $0.55 per share, in Q3 2024.
- After-tax realized income was $425.8 million, or $1.19 per share of Class A common stock, up from $316.0 million, or $0.95 per share, a year earlier.
- Ares raised $30.9 billion in the quarter and has $149.5 billion of available capital as of September 30, 2025.
- Quarterly dividend of $1.12 per Class A share is payable December 31, 2025, to holders of record as of December 17, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.