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Side-by-side financial comparison of ADMA BIOLOGICS, INC. (ADMA) and GCM Grosvenor Inc. (GCMG). Click either name above to swap in a different company.

GCM Grosvenor Inc. is the larger business by last-quarter revenue ($177.1M vs $139.2M, roughly 1.3× ADMA BIOLOGICS, INC.). ADMA BIOLOGICS, INC. runs the higher net margin — 35.5% vs 32.8%, a 2.6% gap on every dollar of revenue. On growth, ADMA BIOLOGICS, INC. posted the faster year-over-year revenue change (18.4% vs 7.2%). GCM Grosvenor Inc. produced more free cash flow last quarter ($175.0M vs $34.6M). Over the past eight quarters, ADMA BIOLOGICS, INC.'s revenue compounded faster (30.4% CAGR vs 27.5%).

ADMA Biologics Inc. is a biopharmaceutical enterprise focused on the research, development, manufacturing and commercialization of specialty plasma-derived immunoglobulin therapies. It primarily operates in the United States, catering to patients with primary immunodeficiency and other immune-related disorders, healthcare providers and medical institutions across its core immune health therapeutic segment.

GCM Grosvenor is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023.

ADMA vs GCMG — Head-to-Head

Bigger by revenue
GCMG
GCMG
1.3× larger
GCMG
$177.1M
$139.2M
ADMA
Growing faster (revenue YoY)
ADMA
ADMA
+11.2% gap
ADMA
18.4%
7.2%
GCMG
Higher net margin
ADMA
ADMA
2.6% more per $
ADMA
35.5%
32.8%
GCMG
More free cash flow
GCMG
GCMG
$140.5M more FCF
GCMG
$175.0M
$34.6M
ADMA
Faster 2-yr revenue CAGR
ADMA
ADMA
Annualised
ADMA
30.4%
27.5%
GCMG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ADMA
ADMA
GCMG
GCMG
Revenue
$139.2M
$177.1M
Net Profit
$49.4M
$58.2M
Gross Margin
63.8%
Operating Margin
45.1%
30.9%
Net Margin
35.5%
32.8%
Revenue YoY
18.4%
7.2%
Net Profit YoY
-55.9%
149.2%
EPS (diluted)
$0.20
$0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADMA
ADMA
GCMG
GCMG
Q4 25
$139.2M
$177.1M
Q3 25
$134.2M
$135.0M
Q2 25
$122.0M
$119.7M
Q1 25
$114.8M
$125.8M
Q4 24
$117.5M
$165.3M
Q3 24
$119.8M
$122.9M
Q2 24
$107.2M
$117.0M
Q1 24
$81.9M
$108.9M
Net Profit
ADMA
ADMA
GCMG
GCMG
Q4 25
$49.4M
$58.2M
Q3 25
$36.4M
$10.5M
Q2 25
$34.2M
$15.4M
Q1 25
$26.9M
$463.0K
Q4 24
$111.9M
$7.6M
Q3 24
$35.9M
$4.2M
Q2 24
$32.1M
$4.8M
Q1 24
$17.8M
$2.1M
Gross Margin
ADMA
ADMA
GCMG
GCMG
Q4 25
63.8%
Q3 25
56.3%
Q2 25
55.1%
Q1 25
53.2%
Q4 24
53.9%
Q3 24
49.8%
Q2 24
53.6%
Q1 24
47.8%
Operating Margin
ADMA
ADMA
GCMG
GCMG
Q4 25
45.1%
30.9%
Q3 25
38.0%
32.7%
Q2 25
35.1%
16.1%
Q1 25
30.4%
12.2%
Q4 24
32.6%
26.4%
Q3 24
33.1%
20.3%
Q2 24
36.6%
17.8%
Q1 24
26.7%
-14.7%
Net Margin
ADMA
ADMA
GCMG
GCMG
Q4 25
35.5%
32.8%
Q3 25
27.1%
7.8%
Q2 25
28.1%
12.9%
Q1 25
23.4%
0.4%
Q4 24
95.2%
4.6%
Q3 24
30.0%
3.4%
Q2 24
29.9%
4.1%
Q1 24
21.7%
2.0%
EPS (diluted)
ADMA
ADMA
GCMG
GCMG
Q4 25
$0.20
$0.23
Q3 25
$0.15
$0.16
Q2 25
$0.14
$0.05
Q1 25
$0.11
$-0.02
Q4 24
$0.45
$0.09
Q3 24
$0.15
$0.03
Q2 24
$0.13
$0.04
Q1 24
$0.08
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADMA
ADMA
GCMG
GCMG
Cash + ST InvestmentsLiquidity on hand
$87.6M
$242.1M
Total DebtLower is stronger
$72.1M
$428.4M
Stockholders' EquityBook value
$477.3M
$27.0M
Total Assets
$624.2M
$813.8M
Debt / EquityLower = less leverage
0.15×
15.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADMA
ADMA
GCMG
GCMG
Q4 25
$87.6M
$242.1M
Q3 25
$61.4M
$182.7M
Q2 25
$90.3M
$136.3M
Q1 25
$71.6M
$94.5M
Q4 24
$103.1M
$89.5M
Q3 24
$86.7M
$98.4M
Q2 24
$88.2M
$73.9M
Q1 24
$45.3M
$41.9M
Total Debt
ADMA
ADMA
GCMG
GCMG
Q4 25
$72.1M
$428.4M
Q3 25
$72.4M
$429.3M
Q2 25
$430.2M
Q1 25
$431.1M
Q4 24
$72.3M
$432.0M
Q3 24
$432.9M
Q2 24
$433.8M
Q1 24
$384.0M
Stockholders' Equity
ADMA
ADMA
GCMG
GCMG
Q4 25
$477.3M
$27.0M
Q3 25
$431.2M
$-7.4M
Q2 25
$398.3M
$-12.3M
Q1 25
$373.4M
$-28.3M
Q4 24
$349.0M
$-27.6M
Q3 24
$231.9M
$-31.9M
Q2 24
$188.3M
$-28.5M
Q1 24
$153.7M
$-26.4M
Total Assets
ADMA
ADMA
GCMG
GCMG
Q4 25
$624.2M
$813.8M
Q3 25
$568.7M
$685.9M
Q2 25
$558.4M
$636.9M
Q1 25
$510.6M
$579.8M
Q4 24
$488.7M
$612.7M
Q3 24
$390.6M
$575.0M
Q2 24
$376.4M
$543.9M
Q1 24
$350.9M
$497.3M
Debt / Equity
ADMA
ADMA
GCMG
GCMG
Q4 25
0.15×
15.87×
Q3 25
0.17×
Q2 25
Q1 25
Q4 24
0.21×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADMA
ADMA
GCMG
GCMG
Operating Cash FlowLast quarter
$35.6M
$183.5M
Free Cash FlowOCF − Capex
$34.6M
$175.0M
FCF MarginFCF / Revenue
24.8%
98.8%
Capex IntensityCapex / Revenue
0.8%
4.8%
Cash ConversionOCF / Net Profit
0.72×
3.16×
TTM Free Cash FlowTrailing 4 quarters
$27.8M
$326.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADMA
ADMA
GCMG
GCMG
Q4 25
$35.6M
$183.5M
Q3 25
$13.3M
$79.8M
Q2 25
$21.1M
$42.0M
Q1 25
$-19.7M
$33.3M
Q4 24
$50.2M
$148.8M
Q3 24
$25.0M
$69.0M
Q2 24
$45.6M
$17.5M
Q1 24
$-2.2M
$24.2M
Free Cash Flow
ADMA
ADMA
GCMG
GCMG
Q4 25
$34.6M
$175.0M
Q3 25
$-1.1M
$78.3M
Q2 25
$18.7M
$40.8M
Q1 25
$-24.4M
$32.1M
Q4 24
$47.5M
$132.0M
Q3 24
$24.0M
$62.2M
Q2 24
$43.6M
$12.8M
Q1 24
$-4.6M
$20.0M
FCF Margin
ADMA
ADMA
GCMG
GCMG
Q4 25
24.8%
98.8%
Q3 25
-0.8%
58.0%
Q2 25
15.3%
34.1%
Q1 25
-21.2%
25.5%
Q4 24
40.4%
79.9%
Q3 24
20.0%
50.6%
Q2 24
40.7%
10.9%
Q1 24
-5.6%
18.4%
Capex Intensity
ADMA
ADMA
GCMG
GCMG
Q4 25
0.8%
4.8%
Q3 25
10.7%
1.1%
Q2 25
2.0%
1.0%
Q1 25
4.1%
0.9%
Q4 24
2.3%
10.1%
Q3 24
0.9%
5.5%
Q2 24
1.9%
4.0%
Q1 24
2.9%
3.9%
Cash Conversion
ADMA
ADMA
GCMG
GCMG
Q4 25
0.72×
3.16×
Q3 25
0.36×
7.61×
Q2 25
0.62×
2.72×
Q1 25
-0.73×
71.84×
Q4 24
0.45×
19.54×
Q3 24
0.70×
16.60×
Q2 24
1.42×
3.64×
Q1 24
-0.12×
11.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADMA
ADMA

ADMA Bio Manufacturing Segment$123.1M88%
Other$16.0M12%

GCMG
GCMG

Asset Management1$108.6M61%
Management Service Incentive Performance Fees$61.7M35%
Management Service Incentive Carried Interest$5.1M3%
Service Other$1.8M1%

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