---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-022430"
form_type: "8-K"
ticker: "ARES"
cik: "0001176948"
company_name: "Ares Management Corp"
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:06:15.008281+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ares Management lowers Q1 2026 realized performance income guidance to ~$75M from ~$100M

## Summary
- Preliminary Q1 2026 realized net performance income ~$75M, up from $41M in Q1 2025 but below prior ~$100M expectation.
- Shortfall driven by timing of European-style funds; income now expected in later quarters of 2026.
- Full-year 2026 realized net performance income still expected >$350M, compared to $169M in FY 2025.
- Company reaffirms full-year outlook despite Q1 miss, citing unchanged expectations for the year.

## SEC filing metadata
- accession: 0001628280-26-022430
- form_type: 8-K
- ticker: ARES
- cik: 0001176948
- company_name: Ares Management Corp
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1176948/000162828026022430/0001628280-26-022430-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176948/000162828026022430/ares-20260331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-022430
- JSON: https://secwatch.observer/filing/0001628280-26-022430.json
- Plain text: https://secwatch.observer/filing/0001628280-26-022430.txt

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