GCM Grosvenor (GCMG) Financial Statements & Analysis

GCM Grosvenor (GCMG) Income Statement

GCM Grosvenor reported revenue of $554.36M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 10.1% from $503.52M a year earlier. Net income was $45.37M, up 142.7% year over year, a net margin of 8.2%. Gross margin was 43.0% and operating margin 24.1%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $132.97M, up 12.9% from the same quarter a year earlier.

GCM Grosvenor Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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GCM Grosvenor Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	554.36	503.52	443.92	452.52	530.18	434.21	416.56	378.50
Cost of Revenue	319.33	3.32	356.04	277.31	333.84	9.82	10.34	0.00
Gross Profit	238.23	500.20	88.96	175.21	197.76	424.39	406.22	378.50
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	104.78	0.00	100.80	366.22	88.35	0.00	0.00	0.00
Operating Expenses	104.78	453.29	99.72	362.10	86.94	485.17	326.50	303.37
Operating Income	133.45	46.91	-11.85	90.42	109.40	-60.77	79.72	75.13
Other Income/Expense
Interest Income	16.26	15.59	11.64	10.11	52.50	10.74	0.00	0.00
Interest Expense	-22.79	13.67	-23.75	23.31	-20.08	27.68	25.85	26.47
Other Income/Expense	21.49	3.25	-9.67	21.99	43.66	-17.92	-17.40	-10.05
Income
Income Before Tax	154.94	50.16	-21.51	89.09	153.06	-78.70	62.32	65.08
Income Tax Expense	12.90	13.56	7.69	9.61	10.99	4.51	2.32	1.40
Net Income	45.37	18.70	12.77	19.82	21.48	4.05	0.00	0.00
Net Income - Continuous Operations	45.37	18.70	12.77	79.48	142.07	4.05	0.00	0.00
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	137.88	67.16	-9.15	116.26	113.42	-41.20	98.50	103.21
EBIT	133.45	74.32	-11.85	112.41	109.40	-	-	-
Depreciation & Amortization	4.42	3.32	2.70	3.86	4.02	9.82	10.34	11.66
Earnings Per Share
Basic EPS	1.00	-	-	-	-	-	2.00	2.00
Diluted EPS	-	-	-	-	-	-	2.00	2.00
Basic Shares Outstanding	51.96	44.74	43.20	43.90	43.77	39.98	39.91	39.91
Diluted Shares Outstanding	197.29	190.59	187.43	188.60	189.06	39.98	39.91	39.91

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About GCM Grosvenor Financial Statements

What was GCM Grosvenor's revenue in fiscal 2025?

GCM Grosvenor reported revenue of $554.36M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 10.1% from $503.52M a year earlier.

Is GCM Grosvenor profitable?

Yes. GCM Grosvenor earned net income of $45.37M in fiscal 2025, a net margin of 8.2%. In fiscal 2024 it earned $18.70M.

What is GCM Grosvenor's operating margin?

GCM Grosvenor's operating income was $133.45M on revenue of $554.36M in fiscal 2025, an operating margin of 24.1%, compared with 9.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition