Q4: 2026-02-05 Earnings Summary
EPS of $1.45 misses by $0.24
| Revenue of $1.24B (16.86% Y/Y) misses by $86.43M
Ares Management Corporation (ARES) Q4 2025 Earnings Call February 5, 2026 11:00 AM EST
Company Participants
Greg Mason – Partner & Co-Head of Public Markets Investor Relations
Michael Arougheti – Co-Founder, CEO & Director
Jarrod Phillips – Partner & CFO
Mitchell Goldstein – Senior Partner, Partner, Co-President & Co-Head of Ares Credit Group
Conference Call Participants
Craig Siegenthaler – BofA Securities, Research Division
Alexander Blostein – Goldman Sachs Group, Inc., Research Division
William Katz – TD Cowen, Research Division
Kenneth Worthington – JPMorgan Chase & Co, Research Division
Brennan Hawken – BMO Capital Markets Equity Research
Brian Mckenna – Citizens JMP Securities, LLC, Research Division
Benjamin Budish – Barclays Bank PLC, Research Division
Michael Brown – UBS Investment Bank, Research Division
Michael Cyprys – Morgan Stanley, Research Division
Presentation
Operator
Welcome to Ares Management Corporation’s Fourth Quarter and Year-end 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded on Thursday, February 5, 2026. I will now turn the call over to Greg Mason, Co-Head of Public Markets Investor Relations for Ares Management.
Greg Mason
Partner & Co-Head of Public Markets Investor Relations
Good morning and thank you for joining us today for our fourth quarter and year-end 2025 conference call. I’m joined today by Michael Arougheti, our Chief Executive Officer; and Jarrod Phillips, our Chief Financial Officer. We also have other executives with us today who will be available during Q&A. Before we begin, I want to remind you that comments made during this call contain forward-looking statements and are subject to risks and uncertainties including those identified in our risk factors in our SEC filings.
Our actual results could differ materially, and we undertake no obligation to update any such forward-looking statements. Please also note that past performance is not a guarantee of future results, and nothing on this call constitutes an offer to sell

