Ares Capital Corporation reported earnings results for the fourth quarter and full year ended December 31, 2025. For the fourth quarter, the company reported revenue was USD 793 million compared to USD 759 million a year ago. Net income was USD 293 million compared to USD 357 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to USD 0.55 a year ago. Diluted earnings per share from continuing operations was USD 0.41 compared to USD 0.55 a year ago.
For the full year, revenue was USD 3,052 million compared to USD 2,990 million a year ago. Net income was USD 1,299 million compared to USD 1,522 million a year ago. Basic earnings per share from continuing operations was USD 1.86 compared to USD 2.44 a year ago. Diluted earnings per share from continuing operations was USD 1.86 compared to USD 2.44 a year ago.