GCM Grosvenor Inc.GCMGEarnings & Financial Report
GCM Grosvenor is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023.
Revenue
$165.3M
Gross Profit
N/A
Operating Profit
$43.6M
Net Profit
$7.6M
Gross Margin
N/A
Operating Margin
26.4%
Net Margin
4.6%
YoY Growth
41.8%
EPS
$0.09
GCM Grosvenor Inc. Q4 FY2024 Financial Summary
GCM Grosvenor Inc. reported revenue of $165.3M (up 41.8% YoY) for Q4 FY2024, with a net profit of $7.6M (up 133.7% YoY) (4.6% margin).
Key Financial Metrics
| Total Revenue | $165.3M |
|---|---|
| Net Profit | $7.6M |
| Gross Margin | N/A |
| Operating Margin | 26.4% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
GCM Grosvenor Inc. Q4 FY2024 revenue of $165.3M breaks down across 5 segments, led by Management Fees Before Reimbursement Revenue at $103.4M (62.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Management Fees Before Reimbursement Revenue | $103.4M | 62.6% |
| Management Service Incentive Performance Fees | $42.2M | 25.6% |
| Management Service Incentive Carried Interest | $14.5M | 8.8% |
| Expense Reimbursement | $3.9M | 2.4% |
| Service Other | $1.1M | 0.7% |
GCM Grosvenor Inc. Revenue by Segment — Quarterly Trend
GCM Grosvenor Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Management Fees Before Reimbursement Revenue and Management Service Incentive Performance Fees) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Management Fees Before Reimbursement Revenue | — | $101.5M | $97.9M | $104.6M |
| Management Service Incentive Performance Fees | $61.7M | $1.3M | $1.4M | $3.8M |
| Management Service Incentive Carried Interest | $5.1M | $24.1M | $14.8M | $11.3M |
| Expense Reimbursement | — | $4.4M | $4.0M | $4.7M |
| Service Other | $1.8M | — | — | $1.5M |
GCM Grosvenor Inc. Annual Revenue by Year
GCM Grosvenor Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $557.6M).
| Year | Annual Revenue |
|---|---|
| 2025 | $557.6M |
| 2024 | $514.0M |
| 2023 | $445.0M |
| 2022 | $446.5M |
GCM Grosvenor Inc. Quarterly Revenue & Net Profit History
GCM Grosvenor Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $177.1M | +7.2% | $58.2M | 32.8% |
| Q3 FY2025 | $135.0M | +9.8% | $10.5M | 7.8% |
| Q2 FY2025 | $119.7M | +2.3% | $15.4M | 12.9% |
| Q1 FY2025 | $125.8M | +15.6% | $463.0K | 0.4% |
| Q4 FY2024 | $165.3M | +41.8% | $7.6M | 4.6% |
| Q3 FY2024 | $122.9M | +1.0% | $4.2M | 3.4% |
| Q2 FY2024 | $117.0M | +8.7% | $4.8M | 4.1% |
| Q1 FY2024 | $108.9M | +9.8% | $2.1M | 2.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $108.9M | $117.0M | $122.9M | $165.3M | $125.8M | $119.7M | $135.0M | $177.1M |
| YoY Growth | 9.8% | 8.7% | 1.0% | 41.8% | 15.6% | 2.3% | 9.8% | 7.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $497.3M | $543.9M | $575.0M | $612.7M | $579.8M | $636.9M | $685.9M | $813.8M |
| Liabilities | $598.2M | $637.6M | $688.1M | $703.1M | $669.5M | $657.5M | $682.1M | $686.3M |
| Equity | $-26.4M | $-28.5M | $-31.9M | $-27.6M | $-28.3M | $-12.3M | $-7.4M | $27.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $24.2M | $17.5M | $69.0M | $148.8M | $33.3M | $42.0M | $79.8M | $183.5M |