Ares Q3 GAAP net income $288.9M ($1.15 EPS); fee related earnings $471.2M; record fundraising pace

Ares Management Corp

GAAP net income attributable to Ares $288.9M; diluted EPS $1.15.
After-tax realized income $425.8M ($1.19/share); fee related earnings $471.2M.
AUM and FPAUM up 28% YoY; available capital $150B; on track to beat $93B annual fundraising record.
Quarterly dividend declared $1.12/share on Class A common, payable Dec 31, 2025 to holders of record Dec 17.
Preferred dividend $0.84375/share on 6.75% Series B mandatory convertible preferred, payable Jan 1, 2026.

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