NASDAQ · ARCC

Ares Capital financials

$19.36+1.20%

Close Sep 29, 2026 · split-adjusted

Quarterly Annual

Revenue

655.0MQ3 '23

0.00Q4 '23

701.0MQ1 '24

691.0MQ2 '24

808.0MQ3 '24

754.0MQ4 '24

608.0MQ1 '25

764.0MQ2 '25

848.0MQ3 '25

716.0MQ4 '25

457.0MQ1 '26

580.0MQ2 '26

Net income

500.0MQ3 '23

—Q4 '23

449.0MQ1 '24

322.0MQ2 '24

394.0MQ3 '24

357.0MQ4 '24

241.0MQ1 '25

361.0MQ2 '25

404.0MQ3 '25

293.0MQ4 '25

92.0MQ1 '26

171.0MQ2 '26

Income statement & cash flow

Quarter	Q2 '26 Jun 30	Q1 '26 Mar 31	Q4 '25 Dec 31	Q3 '25 Sep 30	Q2 '25 Jun 30	Q1 '25 Mar 31	Q4 '24 Dec 31	Q3 '24 Sep 30	Q2 '24 Jun 30	Q1 '24 Mar 31	Q4 '23 Dec 31	Q3 '23 Sep 30
Revenue	$580.0M	$457.0M	$716.0M	$848.0M	$764.0M	$608.0M	$754.0M	$808.0M	$691.0M	$701.0M	$0.00	$655.0M
Gross profit	$366.0M	$244.0M	$506.0M	$639.0M	$576.0M	$422.0M	$567.0M	$613.0M	$517.0M	$701.0M	$0.00	$655.0M
Gross margin	63.1%	53.4%	70.7%	75.4%	75.4%	69.4%	75.2%	75.9%	74.8%	100.0%	—	100.0%
Operating income	$179.0M	$98.0M	$310.0M	$415.0M	$369.0M	$248.0M	$367.0M	$406.0M	$335.0M	$491.0M	—	$437.0M
Net income	$171.0M	$92.0M	$293.0M	$404.0M	$361.0M	$241.0M	$357.0M	$394.0M	$322.0M	$449.0M	—	$500.0M
Net margin	29.5%	20.1%	40.9%	47.6%	47.3%	39.6%	47.3%	48.8%	46.6%	64.1%	—	76.3%
Diluted EPS	$0.24	$0.13	$0.41	$0.57	$0.52	$0.36	—	$0.62	$0.52	$0.76	—	$0.87
EBITDA	$179.0M	$98.0M	$310.0M	$415.0M	$369.0M	$248.0M	$367.0M	$406.0M	$335.0M	$487.0M	$0.00	$434.0M
Operating cash flow	$336.0M	$184.0M	-$427.0M	-$773.0M	-$218.0M	-$299.0M	-$268.0M	-$521.0M	-$1.32B	-$21.0M	-$359.0M	$46.0M
Free cash flow	$336.0M	$184.0M	-$427.0M	-$773.0M	-$218.0M	-$299.0M	-$268.0M	-$521.0M	—	—	—	—
Diluted shares	718.0M	718.0M	716.0M	709.0M	695.0M	676.0M	—	635.0M	616.0M	591.0M	575.0M	582.0M

Balance sheet

Period end	Jun 30	Mar 31	Dec 31	Sep 30	Jun 30	Mar 31
Cash & equivalents	$383.0M	$505.0M	$638.0M	$1.04B	$447.0M	$647.0M
Short-term investments	$29.59B	$29.65B	$29.77B	$28.91B	$28.10B	$95.0M
Total debt	$15.77B	$15.85B	$15.99B	$15.61B	$14.11B	$13.92B
Total assets	$30.50B	$30.68B	$31.23B	$30.81B	$29.07B	$28.32B
Total liabilities	$16.61B	$16.61B	$16.92B	$16.48B	$15.04B	$14.64B
Shareholders' equity	$13.89B	$14.06B	$14.32B	$14.32B	$14.03B	$13.67B

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology