Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities
Net income	$ 1,088,358	$ 1,110,735	$ 1,160,092
Net cash provided by (used in) operating activities	3,266,959	2,791,154	(233,261)
Cash flows from investing activities
Net cash used in investing activities	(1,803,639)	(159,404)	(111,079)
Allocable to redeemable and non-controlling interests in Consolidated Funds:
Net cash provided by (used in) financing activities	(2,427,169)	(1,431,594)	292,126
Effect of exchange rate changes	(55,231)	(40,454)	10,501
Net change in cash and cash equivalents	(1,019,080)	1,159,702	(41,713)
Cash and cash equivalents, beginning of period	1,507,976	348,274
Cash and cash equivalents, end of period	488,896	1,507,976	348,274
Supplemental disclosure of non-cash financing activities:
Equity issued in connection with acquisition-related activities	1,657,882	21,002	239,545
Equity issued in connection with settlement of management incentive program	0	0	245,647
Supplemental disclosure of cash flow information:
Cash paid during the period for interest	675,802	866,760	722,643
Cash paid during the period for income taxes	91,333	107,570	62,007
Consolidated Funds
Cash flows from operating activities
Net realized and unrealized gains on investments	(551,076)	(313,963)	(262,700)
Investments purchased	(8,284,076)	(5,927,444)	(8,847,856)
Proceeds from sale of investments	9,830,928	7,569,165	8,149,617
Other (income) expense, net	(212,962)	(48,963)	(101,465)
Change in cash and cash equivalents held at Consolidated Funds	268,401	(77,978)	(424,870)
Net cash relinquished with deconsolidation of Consolidated Funds	(151,500)	(46,205)	(623)
Change in other assets and receivables held at Consolidated Funds	42,359	(49,774)	(20,247)
Change in other liabilities and payables held at Consolidated Funds	(28,921)	46,998	219,046
Cash flows from investing activities
Acquisitions, net of cash acquired			(43,896)
Allocable to redeemable and non-controlling interests in Consolidated Funds:
Contributions from redeemable and non-controlling interests in Consolidated Funds	847,431	639,154	855,456
Distributions to non-controlling interests in Consolidated Funds	(866,535)	(124,021)	(101,128)
Redemptions of redeemable interests in Consolidated Funds	(509,503)	0	(1,045,874)
Borrowings under loan obligations by Consolidated Funds	1,551,874	359,351	1,387,297
Repayments under loan obligations by Consolidated Funds	(2,638,793)	(2,228,351)	(398,864)
Ares Management L.P
Cash flows from operating activities
Equity compensation expense	740,549	352,851	255,965
Depreciation and amortization	243,149	158,578	231,712
Net realized and unrealized gains on investments	(315,369)	(21,463)	(90,737)
Changes in value of contingent earnout arrangements	349,706	0	0
Investments purchased	(220,846)	(580,744)	(507,932)
Proceeds from sale of investments	324,434	683,638	206,163
Other (income) expense, net	923	11,755	74
Net carried interest and incentive fees receivable	(37,802)	(188,174)	(48,858)
Due to/from affiliates	184,751	223,498	(220,421)
Other assets	(228,410)	(252,644)	21,532
Accrued compensation and benefits	132,401	(7,096)	20,383
Accounts payable, accrued expenses and other liabilities	91,962	148,384	27,864
Cash flows from investing activities
Purchase of furniture, equipment and leasehold improvements, net of disposals	(72,178)	(91,509)	(67,183)
Acquisitions, net of cash acquired	(1,731,461)	(67,895)	(43,896)
Cash flows from financing activities
Net proceeds from issuance of Series B mandatory convertible preferred stock	0	1,458,771	0
Net proceeds from issuance of Class A common stock	0	407,124	0
Proceeds from Credit Facility	2,860,000	1,210,000	1,410,000
Proceeds from issuance of senior notes	0	736,010	499,010
Repayments of Credit Facility	(1,480,000)	(2,105,000)	(1,215,000)
Repayment of senior notes	0	(250,000)	0
Dividends and distributions	(1,756,688)	(1,310,896)	(1,030,666)
Stock option exercises	0	1,511	85,959
Taxes paid related to net share settlement of equity awards	(436,869)	(227,532)	(157,007)
Other financing activities	1,914	2,285	2,943
Allocable to redeemable and non-controlling interests in Consolidated Funds:
Cash and cash equivalents, beginning of period	1,507,976	348,274	389,987
Cash and cash equivalents, end of period	$ 488,896	$ 1,507,976	348,274
Supplemental disclosure of cash flow information:
Cash paid during the period for interest			722,643
Cash paid during the period for income taxes			$ 62,007