Ares Capital Corp. Reports Q1 Net Loss of $19.3M

Ares Capital Corp. (ARES) reported a first-quarter net loss of $19.3 million, compared to a net loss of $14.2 million in the same period of 2025, according to its February 4 earnings release. The company attributed the wider loss to lower interest income and higher loan loss provisions, reflecting continued economic weakness and tighter credit conditions. Key financials: Revenue totaled $218.5 million for Q1 2026, a 4.3% increase from $209.0 million in Q1 2025. The loss was fully offset by a $20 million gain from the sale of its investment in a private equity firm, partially offsetting the decline in earnings.