---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-013721"
form_type: "8-K"
ticker: "ARES"
cik: "0001176948"
company_name: "Ares Management Corp"
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:14:02.591498+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ares Q1 GAAP net income $94M; fee related earnings $254.6M, up mid-20% YoY

## Summary
- GAAP net income $94M ($0.49 EPS); after-tax realized income $232M ($0.71 EPS).
- Fee related earnings $254.6M, up mid-20% YoY; management fees also grew mid-20%.
- Gross inflows of $16B in Q1; CEO cites strong investor demand for private capital offerings.
- Quarterly dividend of $0.77 per share declared, payable June 30, record June 16.
- CFO reaffirms growth objectives based on fundraising and deployment outlook.

## SEC filing metadata
- accession: 0001628280-23-013721
- form_type: 8-K
- ticker: ARES
- cik: 0001176948
- company_name: Ares Management Corp
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1176948/000162828023013721/0001628280-23-013721-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176948/000162828023013721/ares-20230428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-013721
- JSON: https://secwatch.observer/filing/0001628280-23-013721.json
- Plain text: https://secwatch.observer/filing/0001628280-23-013721.txt

## Key facts
- Earnings Releases
  Ares Management Corp reported the first quarter ended March 31, 2023 results: net income $94.0 million, EPS $0.49.
  - Period: the first quarter ended March 31, 2023
  - Net income: $94.0 million
  - EPS: $0.49
  - Result: reported results
  source text: GAAP net income attributable to Ares Management Corporation was $94.0 million for the quarter ended March 31, 2023. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.49 for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1176948/000162828023013721/0001628280-23-013721-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.