NASDAQ · ARCC
Ares Capital financials
$19.36+1.20%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 |
|---|---|---|---|
| Revenue | $2.94B | $3.09B | $2.88B |
| Gross profit | $2.14B | $2.38B | $2.30B |
| Gross margin | 73.0% | 76.9% | 79.8% |
| Operating income | $1.34B | $1.58B | $1.55B |
| Net income | $1.30B | $1.52B | $1.52B |
| Net margin | 44.2% | 49.3% | 52.9% |
| Diluted EPS | $1.86 | $2.44 | $2.68 |
| EBITDA | $1.34B | $1.58B | $1.55B |
| Operating cash flow | -$1.72B | -$2.13B | $511.0M |
| Free cash flow | -$1.72B | -$2.13B | $511.0M |
| Diluted shares | 699.0M | 624.0M | 575.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 |
|---|---|---|
| Cash & equivalents | $638.0M | $635.0M |
| Short-term investments | $29.77B | $26.95B |
| Total debt | $15.99B | $13.76B |
| Total assets | $31.23B | $28.25B |
| Total liabilities | $16.92B | $14.90B |
| Shareholders' equity | $14.32B | $13.36B |
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