ARES COMMERCIAL REAL ESTATE CORPORATION
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.4M | $13.5M | $13.2M | $14.1M | $12.6M | $14.9M | $17.5M | $16.7M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.7M | $1.4M | $1.6M | $1.7M | $2.0M | $1.7M | $1.8M | $1.9M |
| Operating Income | $4.5M | $-9.6M | $-3.9M | $4.7M | $-11.0M | $9.6M | $-10.7M | $-5.9M |
| Operating Margin | 31.5% | -71.1% | -29.2% | 33.0% | -87.8% | 64.4% | -61.0% | -35.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $4.5M | $-9.6M | $-3.9M | $4.7M | $-11.0M | $9.6M | $-10.7M | $-5.9M |
| Income Tax Expense | $138.0K | $30.0K | $5.0K | $-1.0K | $0 | $281.0K | $-17.0K | $-3.0K |
| Net Income | $4.4M | $-9.6M | $-3.9M | $4.7M | $-11.0M | $9.3M | $-10.7M | $-5.9M |
| Net Margin | 30.5% | -71.4% | -29.2% | 33.0% | -87.8% | 62.5% | -60.9% | -35.3% |
| EPS (Basic) | $0.08 | $-0.17 | $-0.07 | $0.08 | $-0.20 | $0.17 | $-0.19 | $-0.11 |
| EPS (Diluted) | $0.08 | $-0.17 | $-0.07 | $0.08 | $-0.20 | $0.17 | $-0.19 | $-0.11 |
| Shares Outstanding (Basic) | 55.4M | 55.3M | 54.9M | 54.9M | 54.9M | 54.8M | 54.4M | 54.5M |
| Shares Outstanding (Diluted) | 56.4M | 55.3M | 54.9M | 55.8M | 54.9M | 55.7M | 54.4M | 54.5M |
| Dividends Per Share | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.25 | $0.25 |