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Side-by-side financial comparison of AFFILIATED MANAGERS GROUP, INC. (AMG) and GigaCloud Technology Inc (GCT). Click either name above to swap in a different company.

AFFILIATED MANAGERS GROUP, INC. is the larger business by last-quarter revenue ($556.6M vs $332.6M, roughly 1.7× GigaCloud Technology Inc). AFFILIATED MANAGERS GROUP, INC. runs the higher net margin — 62.4% vs 11.2%, a 51.3% gap on every dollar of revenue. On growth, GigaCloud Technology Inc posted the faster year-over-year revenue change (9.7% vs 6.2%). AFFILIATED MANAGERS GROUP, INC. produced more free cash flow last quarter ($254.5M vs $77.1M). Over the past eight quarters, GigaCloud Technology Inc's revenue compounded faster (36.6% CAGR vs 5.5%).

Affiliated Managers Group, Inc. (AMG) is an American financial services firm founded in 1993 and headquartered in West Palm Beach, Florida. The company's stock trades on the New York Stock Exchange under the symbol AMG, and is listed on the S&P 400 for mid-size American firms.

GigaCloud Technology Inc. is an American e-commerce company that helps retailers buy and sell big and bulky, non-standardized items such as furniture, appliances, and fitness equipment. They own a business-to-business online marketplace and act as a middleman by handling sales, logistics and also delivery to end customers. GigaCloud is headquartered in El Monte, California, and is listed on the Nasdaq stock exchange since August 2022.

AMG vs GCT — Head-to-Head

Bigger by revenue
AMG
AMG
1.7× larger
AMG
$556.6M
$332.6M
GCT
Growing faster (revenue YoY)
GCT
GCT
+3.5% gap
GCT
9.7%
6.2%
AMG
Higher net margin
AMG
AMG
51.3% more per $
AMG
62.4%
11.2%
GCT
More free cash flow
AMG
AMG
$177.4M more FCF
AMG
$254.5M
$77.1M
GCT
Faster 2-yr revenue CAGR
GCT
GCT
Annualised
GCT
36.6%
5.5%
AMG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AMG
AMG
GCT
GCT
Revenue
$556.6M
$332.6M
Net Profit
$347.5M
$37.2M
Gross Margin
23.2%
Operating Margin
94.4%
12.2%
Net Margin
62.4%
11.2%
Revenue YoY
6.2%
9.7%
Net Profit YoY
114.2%
-8.6%
EPS (diluted)
$10.87
$0.99

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
AMG
AMG
GCT
GCT
Q4 25
$556.6M
Q3 25
$528.0M
$332.6M
Q2 25
$493.2M
$322.6M
Q1 25
$496.6M
$271.9M
Q4 24
$524.3M
$295.8M
Q3 24
$516.4M
$303.3M
Q2 24
$500.3M
$310.9M
Q1 24
$499.9M
$251.1M
Net Profit
AMG
AMG
GCT
GCT
Q4 25
$347.5M
Q3 25
$212.4M
$37.2M
Q2 25
$84.3M
$34.6M
Q1 25
$72.4M
$27.1M
Q4 24
$162.2M
$31.0M
Q3 24
$123.6M
$40.7M
Q2 24
$76.0M
$27.0M
Q1 24
$149.8M
$27.2M
Gross Margin
AMG
AMG
GCT
GCT
Q4 25
Q3 25
23.2%
Q2 25
23.9%
Q1 25
23.4%
Q4 24
22.0%
Q3 24
25.5%
Q2 24
24.6%
Q1 24
26.5%
Operating Margin
AMG
AMG
GCT
GCT
Q4 25
94.4%
Q3 25
68.7%
12.2%
Q2 25
34.8%
11.1%
Q1 25
25.5%
10.4%
Q4 24
52.2%
9.3%
Q3 24
42.0%
13.4%
Q2 24
35.6%
8.8%
Q1 24
50.8%
13.9%
Net Margin
AMG
AMG
GCT
GCT
Q4 25
62.4%
Q3 25
40.2%
11.2%
Q2 25
17.1%
10.7%
Q1 25
14.6%
10.0%
Q4 24
30.9%
10.5%
Q3 24
23.9%
13.4%
Q2 24
15.2%
8.7%
Q1 24
30.0%
10.8%
EPS (diluted)
AMG
AMG
GCT
GCT
Q4 25
$10.87
Q3 25
$6.87
$0.99
Q2 25
$2.80
$0.91
Q1 25
$2.20
$0.68
Q4 24
$4.95
$0.76
Q3 24
$3.78
$0.98
Q2 24
$2.26
$0.65
Q1 24
$4.14
$0.66

Balance Sheet & Financial Strength

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

Metric
AMG
AMG
GCT
GCT
Cash + ST InvestmentsLiquidity on hand
$586.0M
$365.9M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$3.2B
$457.3M
Total Assets
$9.2B
$1.1B
Debt / EquityLower = less leverage
0.83×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMG
AMG
GCT
GCT
Q4 25
$586.0M
Q3 25
$476.1M
$365.9M
Q2 25
$361.0M
$303.0M
Q1 25
$816.5M
$286.8M
Q4 24
$950.0M
$302.4M
Q3 24
$1.0B
$259.8M
Q2 24
$865.5M
$207.8M
Q1 24
$793.4M
$195.3M
Total Debt
AMG
AMG
GCT
GCT
Q4 25
$2.7B
Q3 25
$2.4B
Q2 25
$2.6B
Q1 25
$2.6B
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.5B
Q1 24
$2.5B
Stockholders' Equity
AMG
AMG
GCT
GCT
Q4 25
$3.2B
Q3 25
$3.3B
$457.3M
Q2 25
$3.2B
$431.4M
Q1 25
$3.2B
$412.9M
Q4 24
$3.3B
$405.2M
Q3 24
$3.3B
$400.4M
Q2 24
$3.3B
$358.4M
Q1 24
$3.6B
$317.8M
Total Assets
AMG
AMG
GCT
GCT
Q4 25
$9.2B
Q3 25
$8.9B
$1.1B
Q2 25
$8.8B
$1.1B
Q1 25
$8.7B
$1.1B
Q4 24
$8.8B
$1.1B
Q3 24
$8.9B
$1.1B
Q2 24
$8.8B
$1.1B
Q1 24
$9.0B
$977.6M
Debt / Equity
AMG
AMG
GCT
GCT
Q4 25
0.83×
Q3 25
0.71×
Q2 25
0.81×
Q1 25
0.82×
Q4 24
0.78×
Q3 24
0.79×
Q2 24
0.76×
Q1 24
0.70×

Cash Flow & Capital Efficiency

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

Metric
AMG
AMG
GCT
GCT
Operating Cash FlowLast quarter
$256.4M
$78.3M
Free Cash FlowOCF − Capex
$254.5M
$77.1M
FCF MarginFCF / Revenue
45.7%
23.2%
Capex IntensityCapex / Revenue
0.3%
0.4%
Cash ConversionOCF / Net Profit
0.74×
2.10×
TTM Free Cash FlowTrailing 4 quarters
$967.1M
$188.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMG
AMG
GCT
GCT
Q4 25
$256.4M
Q3 25
$277.1M
$78.3M
Q2 25
$230.8M
$38.6M
Q1 25
$208.9M
$9.4M
Q4 24
$212.5M
$68.4M
Q3 24
$265.2M
$55.2M
Q2 24
$245.2M
$19.1M
Q1 24
$209.2M
$15.3M
Free Cash Flow
AMG
AMG
GCT
GCT
Q4 25
$254.5M
Q3 25
$275.9M
$77.1M
Q2 25
$229.4M
$37.0M
Q1 25
$207.3M
$7.0M
Q4 24
$211.4M
$66.9M
Q3 24
$264.5M
$51.4M
Q2 24
$244.6M
$12.9M
Q1 24
$208.2M
$11.3M
FCF Margin
AMG
AMG
GCT
GCT
Q4 25
45.7%
Q3 25
52.3%
23.2%
Q2 25
46.5%
11.5%
Q1 25
41.7%
2.6%
Q4 24
40.3%
22.6%
Q3 24
51.2%
16.9%
Q2 24
48.9%
4.2%
Q1 24
41.6%
4.5%
Capex Intensity
AMG
AMG
GCT
GCT
Q4 25
0.3%
Q3 25
0.2%
0.4%
Q2 25
0.3%
0.5%
Q1 25
0.3%
0.9%
Q4 24
0.2%
0.5%
Q3 24
0.1%
1.3%
Q2 24
0.1%
2.0%
Q1 24
0.2%
1.6%
Cash Conversion
AMG
AMG
GCT
GCT
Q4 25
0.74×
Q3 25
1.30×
2.10×
Q2 25
2.74×
1.12×
Q1 25
2.89×
0.35×
Q4 24
1.31×
2.21×
Q3 24
2.15×
1.36×
Q2 24
3.23×
0.71×
Q1 24
1.40×
0.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMG
AMG

Segment breakdown not available.

GCT
GCT

Services$108.4M33%
Transferred Over Time$89.8M27%
Product Sales To B$50.1M15%
Last Mile Delivery Service$49.2M15%
Warehousing Service$14.2M4%
Ocean Transportation Service$9.0M3%
Platform Commission$4.9M1%
Drayage Service$3.2M1%

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