Ares Management Reports Preliminary Q3 2026 Realized Performance Income

What Happened
Ares Management Corporation filed a Form 8-K on September 30, 2026, announcing it preliminarily expects realized net performance income of approximately $10 million for the quarter ended September 30, 2026, compared with $9 million for the quarter ended September 30, 2025. The company said this figure is a preliminary estimate and may change once financial close is complete.

Key Details

• Preliminary realized net performance income for Q3 2026: ~$10 million.
• Comparable realized net performance income for Q3 2025: $9 million.
• Realized net performance income is a component of "realized income," a non-GAAP measure; the company did not provide a GAAP reconciliation because quarter-end close procedures are not complete.
• Definitions and reconciliations for the company’s performance measures are available in Ares’ earnings presentation at https://ir.ares.com.

Why It Matters
This disclosure gives investors an early, preliminary view into one element of Ares’ third-quarter operating performance—realized net performance income—which can affect overall realized income and fee-related profitability. Because the amount is preliminary, non-GAAP, and unreconciled to GAAP results, investors should wait for the company’s full Q3 financial report for final, audited figures and a complete reconciliation before making decisions.