v3.26.1
CONSOLIDATION - Schedule of Results from Operations (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Total revenues $ 1,428,610 $ 1,350,128 $ 2,825,046 $ 2,438,933
Expenses        
Compensation and benefits 688,660 643,709 1,381,067 1,300,834
Performance related compensation 231,927 234,706 460,263 357,339
General, administrative and other expenses 255,715 232,156 496,152 460,070
Expenses of Consolidated Funds 3,675 27,007 10,958 33,663
Total expenses 1,179,977 1,137,578 2,348,440 2,151,906
Other income (expense)        
Total other income (expense), net 137,309 74,388 222,257 140,949
Income before taxes 385,942 286,938 698,863 427,976
Income tax expense 72,977 60,958 132,849 78,495
Net income 312,965 225,980 566,014 349,481
Less: Net income attributable to non-controlling interests in Consolidated Funds 71,241 3,999 100,888  
Net income attributable to Ares Operating Group entities 241,724 221,981 465,126  
Less: Net income (loss) attributable to redeemable interest in Ares Operating Group entities 1,845 (274) 732  
Less: Net income attributable to non-controlling interests in Ares Operating Group entities 89,244 85,193 171,170  
Net income attributable to Ares Management Corporation 150,635 137,062 293,224 184,232
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 125,323 111,750 242,599 133,607
Series B Mandatory Convertible Preferred Stock        
Other income (expense)        
Less: Series B mandatory convertible preferred stock dividends declared 25,312 25,312 50,625 50,625
Ares Operating Group        
Other income (expense)        
Net realized and unrealized gains on investments 72,710 12,708 76,099 12,976
Interest and dividend income 6,522 7,772 13,621 25,428
Interest expense (52,195) (43,575) (102,955) (79,962)
Other expense, net (21,092) (46,521) 3,468 (57,235)
Net income attributable to Ares Operating Group entities 241,724 221,981 465,126 289,505
Less: Net income (loss) attributable to redeemable interest in Ares Operating Group entities 1,845 (274) 732 42
Less: Net income attributable to non-controlling interests in Ares Operating Group entities 89,244 85,193 171,170 105,231
Consolidated Funds         
Expenses        
Expenses of Consolidated Funds     10,958  
Other income (expense)        
Net realized and unrealized gains on investments 176,396 127,752 310,412 216,158
Interest expense (104,155) (145,638) (242,956) (298,378)
Interest and other income of Consolidated Funds 59,123 161,890 164,568 321,962
Less: Net income attributable to non-controlling interests in Consolidated Funds 71,241 3,999 100,888 59,976
Management fees        
Revenues        
Total revenues 1,017,563 900,622 2,007,090 1,717,609
Carried interest allocation        
Revenues        
Total revenues 249,914 323,901 396,545 483,909
Incentive fees        
Revenues        
Total revenues 42,753 23,079 204,687 55,127
Principal investment income        
Revenues        
Total revenues 2,288 10,963 2,765 32,961
Administrative, transaction and other fees        
Revenues        
Total revenues 116,092 91,563 213,959 149,327
Eliminations         
Revenues        
Total revenues (53,206) (103,019) (119,455) (123,006)
Expenses        
Expenses of Consolidated Funds (23,993) (15,771)   (25,799)
Total expenses (23,993) (15,771) (45,588) (25,799)
Other income (expense)        
Total other income (expense), net 335 (10,971) 571 (12,771)
Income before taxes (28,878) (98,219) (73,296) (109,978)
Net income (28,878) (98,219) (73,296) (109,978)
Less: Net income attributable to non-controlling interests in Consolidated Funds (28,878) (98,219) (73,296)  
Eliminations  | Ares Operating Group        
Other income (expense)        
Net realized and unrealized gains on investments (498) (9,843) 5,733 (20,206)
Interest and dividend income   (41)   (588)
Other expense, net 165 614 230 408
Eliminations  | Consolidated Funds         
Expenses        
Expenses of Consolidated Funds     (45,588)  
Other income (expense)        
Net realized and unrealized gains on investments 497 (2,530) (5,395) 2,149
Interest expense 171 829 3 5,466
Less: Net income attributable to non-controlling interests in Consolidated Funds       (109,978)
Eliminations  | Management fees        
Revenues        
Total revenues (21,614) (8,954) (43,127) (18,848)
Eliminations  | Carried interest allocation        
Revenues        
Total revenues (13,060) (6,834) (29,178) (11,952)
Eliminations  | Incentive fees        
Revenues        
Total revenues   (262)   (272)
Eliminations  | Principal investment income        
Revenues        
Total revenues (16,154) (80,414) (44,689) (85,255)
Eliminations  | Administrative, transaction and other fees        
Revenues        
Total revenues (2,378) (6,555) (2,461) (6,679)
Consolidated Company Entities         
Revenues        
Total revenues 1,428,610 1,350,128 2,825,046 2,438,933
Consolidated Company Entities  | Reportable legal entity        
Revenues        
Total revenues 1,481,816 1,453,147 2,944,501 2,561,939
Expenses        
Compensation and benefits 688,660 643,709 1,381,067 1,300,834
Performance related compensation 231,927 234,706 460,263 357,339
General, administrative and other expenses 255,715 232,156 496,152 460,070
Total expenses 1,176,302 1,110,571 2,337,482 2,118,243
Other income (expense)        
Total other income (expense), net 6,278 (60,346) (15,730) (78,407)
Income before taxes 311,792 282,230 591,289 365,289
Income tax expense 70,068 60,249 126,163 75,784
Net income 241,724 221,981 465,126 289,505
Net income attributable to Ares Operating Group entities 241,724 221,981 465,126  
Less: Net income (loss) attributable to redeemable interest in Ares Operating Group entities 1,845 (274) 732  
Less: Net income attributable to non-controlling interests in Ares Operating Group entities 89,244 85,193 171,170  
Net income attributable to Ares Management Corporation 150,635 137,062 293,224 184,232
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders 125,323 111,750 242,599 133,607
Consolidated Company Entities  | Reportable legal entity | Series B Mandatory Convertible Preferred Stock        
Other income (expense)        
Less: Series B mandatory convertible preferred stock dividends declared 25,312 25,312 50,625 50,625
Consolidated Company Entities  | Reportable legal entity | Ares Operating Group        
Other income (expense)        
Net realized and unrealized gains on investments 73,208 22,551 70,366 33,182
Interest and dividend income 6,522 7,813 13,621 26,016
Interest expense (52,195) (43,575) (102,955) (79,962)
Other expense, net (21,257) (47,135) 3,238 (57,643)
Net income attributable to Ares Operating Group entities       289,505
Less: Net income (loss) attributable to redeemable interest in Ares Operating Group entities       42
Less: Net income attributable to non-controlling interests in Ares Operating Group entities       105,231
Consolidated Company Entities  | Reportable legal entity | Management fees        
Revenues        
Total revenues 1,039,177 909,576 2,050,217 1,736,457
Consolidated Company Entities  | Reportable legal entity | Carried interest allocation        
Revenues        
Total revenues 262,974 330,735 425,723 495,861
Consolidated Company Entities  | Reportable legal entity | Incentive fees        
Revenues        
Total revenues 42,753 23,341 204,687 55,399
Consolidated Company Entities  | Reportable legal entity | Principal investment income        
Revenues        
Total revenues 18,442 91,377 47,454 118,216
Consolidated Company Entities  | Reportable legal entity | Administrative, transaction and other fees        
Revenues        
Total revenues 118,470 98,118 216,420 156,006
Consolidated Funds | Reportable legal entity        
Expenses        
Expenses of Consolidated Funds 27,668 42,778   59,462
Total expenses 27,668 42,778 56,546 59,462
Other income (expense)        
Total other income (expense), net 130,696 145,705 237,416 232,127
Income before taxes 103,028 102,927 180,870 172,665
Income tax expense 2,909 709 6,686 2,711
Net income 100,119 102,218 174,184 169,954
Less: Net income attributable to non-controlling interests in Consolidated Funds 100,119 102,218 174,184  
Consolidated Funds | Reportable legal entity | Consolidated Funds         
Expenses        
Expenses of Consolidated Funds     56,546  
Other income (expense)        
Net realized and unrealized gains on investments 175,899 130,282 315,807 214,009
Interest expense (104,326) (146,467) (242,959) (303,844)
Interest and other income of Consolidated Funds $ 59,123 $ 161,890 $ 164,568 321,962
Less: Net income attributable to non-controlling interests in Consolidated Funds       $ 169,954