Ares Capital Corporation (ARCC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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ARCC Revenue Growth
ARCC Revenue Analysis (2014–2025)
As of May 8, 2026, Ares Capital Corporation (ARCC) generated trailing twelve-month (TTM) revenue of $2.63 billion, reflecting explosive growth of +71.1% year-over-year. The most recent quarter (Q1 2026) recorded $763.0 million in revenue, up 20.2% sequentially.
Looking at the longer-term picture, ARCC's 5-year compound annual growth rate (CAGR) stands at +29.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $3.15 billion in 2025, representing a new all-time high.
When compared to Financial Services sector peers including GBDC, OBDC, and TPVG. Compare ARCC vs GBDC →
ARCC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ARCCCurrent | $2.6B | +71.1% | +29.7% | 69.7% | |
 GBDC | $871M | - | - | 78.9% | |
 OBDC | $1.7B | - | - | 73.2% | |
 TPVG | $97M | - | - | 77.9% | |
 HTGC | $547M | - | - | 66.7% | |
 PSEC | $-276,828,000 | - | - | 169.8% |
ARCC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.15B | - | $2.38B | 75.7% | $2.19B | 69.7% |
| 2024 | $2.37B | - | $1.71B | 72.2% | $1.59B | 67.4% |
| 2023 | $2.17B | - | $1.64B | 75.5% | $1.54B | 71.2% |
| 2022 | $1.20B | - | $741.0M | 62.0% | $655.0M | 54.8% |
| 2021 | $2.05B | - | $1.68B | 81.9% | $1.60B | 77.9% |
| 2020 | $858.0M | - | $541.0M | 63.1% | $503.0M | 58.6% |
| 2019 | $1.11B | - | $824.0M | 73.9% | $809.0M | 72.6% |
| 2018 | $1.12B | - | $879.0M | 78.6% | $877.0M | 78.4% |
| 2017 | $974.0M | - | $749.0M | 76.9% | $686.0M | 70.4% |
| 2016 | $737.0M | - | $570.0M | 77.3% | $495.0M | 67.2% |
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Start ComparisonARCC — Frequently Asked Questions
Quick answers to the most common questions about buying ARCC stock.
Is ARCC's revenue growth accelerating or slowing?
ARCC revenue is accelerating at +71.1% year-over-year, exceeding the 5-year CAGR of +29.7%. TTM revenue reached $2.6B. Growth momentum has increased versus prior periods.
What is ARCC's long-term revenue growth rate?
Ares Capital Corporation's 5-year revenue CAGR of +29.7% reflects the sustained expansion pattern. Current YoY growth of +71.1% is above this long-term average.
How is ARCC's revenue distributed by segment?
ARCC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.