vs

Side-by-side financial comparison of Amplitude, Inc. (AMPL) 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 $91.4M, roughly 1.9× Amplitude, Inc.). GCM Grosvenor Inc. runs the higher net margin — 32.8% vs -19.3%, a 52.2% gap on every dollar of revenue. On growth, Amplitude, Inc. posted the faster year-over-year revenue change (17.0% vs 7.2%). GCM Grosvenor Inc. produced more free cash flow last quarter ($175.0M vs $12.7M). Over the past eight quarters, GCM Grosvenor Inc.'s revenue compounded faster (27.5% CAGR vs 12.2%).

Amplitude is an American publicly traded company that develops digital analytics software. The company was listed publicly on the Nasdaq stock exchange under the ticker symbol AMPL on September 28, 2021.

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

AMPL vs GCMG — Head-to-Head

Bigger by revenue
GCMG
GCMG
1.9× larger
GCMG
$177.1M
$91.4M
AMPL
Growing faster (revenue YoY)
AMPL
AMPL
+9.9% gap
AMPL
17.0%
7.2%
GCMG
Higher net margin
GCMG
GCMG
52.2% more per $
GCMG
32.8%
-19.3%
AMPL
More free cash flow
GCMG
GCMG
$162.4M more FCF
GCMG
$175.0M
$12.7M
AMPL
Faster 2-yr revenue CAGR
GCMG
GCMG
Annualised
GCMG
27.5%
12.2%
AMPL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMPL
AMPL
GCMG
GCMG
Revenue
$91.4M
$177.1M
Net Profit
$-17.7M
$58.2M
Gross Margin
74.6%
Operating Margin
-18.3%
30.9%
Net Margin
-19.3%
32.8%
Revenue YoY
17.0%
7.2%
Net Profit YoY
45.8%
149.2%
EPS (diluted)
$-0.13
$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
AMPL
AMPL
GCMG
GCMG
Q4 25
$91.4M
$177.1M
Q3 25
$88.6M
$135.0M
Q2 25
$83.3M
$119.7M
Q1 25
$80.0M
$125.8M
Q4 24
$78.1M
$165.3M
Q3 24
$75.2M
$122.9M
Q2 24
$73.3M
$117.0M
Q1 24
$72.6M
$108.9M
Net Profit
AMPL
AMPL
GCMG
GCMG
Q4 25
$-17.7M
$58.2M
Q3 25
$-24.0M
$10.5M
Q2 25
$-24.7M
$15.4M
Q1 25
$-22.2M
$463.0K
Q4 24
$-32.6M
$7.6M
Q3 24
$-16.9M
$4.2M
Q2 24
$-23.4M
$4.8M
Q1 24
$-21.5M
$2.1M
Gross Margin
AMPL
AMPL
GCMG
GCMG
Q4 25
74.6%
Q3 25
73.9%
Q2 25
72.6%
Q1 25
74.7%
Q4 24
74.7%
Q3 24
75.1%
Q2 24
73.4%
Q1 24
74.0%
Operating Margin
AMPL
AMPL
GCMG
GCMG
Q4 25
-18.3%
30.9%
Q3 25
-26.0%
32.7%
Q2 25
-29.0%
16.1%
Q1 25
-26.8%
12.2%
Q4 24
-41.2%
26.4%
Q3 24
-21.4%
20.3%
Q2 24
-31.7%
17.8%
Q1 24
-29.0%
-14.7%
Net Margin
AMPL
AMPL
GCMG
GCMG
Q4 25
-19.3%
32.8%
Q3 25
-27.1%
7.8%
Q2 25
-29.6%
12.9%
Q1 25
-27.8%
0.4%
Q4 24
-41.7%
4.6%
Q3 24
-22.4%
3.4%
Q2 24
-31.9%
4.1%
Q1 24
-29.5%
2.0%
EPS (diluted)
AMPL
AMPL
GCMG
GCMG
Q4 25
$-0.13
$0.23
Q3 25
$-0.18
$0.16
Q2 25
$-0.19
$0.05
Q1 25
$-0.17
$-0.02
Q4 24
$-0.25
$0.09
Q3 24
$-0.14
$0.03
Q2 24
$-0.19
$0.04
Q1 24
$-0.18
$-0.13

Balance Sheet & Financial Strength

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

Metric
AMPL
AMPL
GCMG
GCMG
Cash + ST InvestmentsLiquidity on hand
$192.0M
$242.1M
Total DebtLower is stronger
$428.4M
Stockholders' EquityBook value
$245.3M
$27.0M
Total Assets
$420.7M
$813.8M
Debt / EquityLower = less leverage
15.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMPL
AMPL
GCMG
GCMG
Q4 25
$192.0M
$242.1M
Q3 25
$189.2M
$182.7M
Q2 25
$208.1M
$136.3M
Q1 25
$209.0M
$94.5M
Q4 24
$241.1M
$89.5M
Q3 24
$319.9M
$98.4M
Q2 24
$318.3M
$73.9M
Q1 24
$316.1M
$41.9M
Total Debt
AMPL
AMPL
GCMG
GCMG
Q4 25
$428.4M
Q3 25
$429.3M
Q2 25
$430.2M
Q1 25
$431.1M
Q4 24
$432.0M
Q3 24
$432.9M
Q2 24
$433.8M
Q1 24
$384.0M
Stockholders' Equity
AMPL
AMPL
GCMG
GCMG
Q4 25
$245.3M
$27.0M
Q3 25
$262.2M
$-7.4M
Q2 25
$279.5M
$-12.3M
Q1 25
$289.5M
$-28.3M
Q4 24
$296.6M
$-27.6M
Q3 24
$290.0M
$-31.9M
Q2 24
$287.3M
$-28.5M
Q1 24
$289.2M
$-26.4M
Total Assets
AMPL
AMPL
GCMG
GCMG
Q4 25
$420.7M
$813.8M
Q3 25
$438.1M
$685.9M
Q2 25
$456.6M
$636.9M
Q1 25
$445.8M
$579.8M
Q4 24
$445.9M
$612.7M
Q3 24
$445.6M
$575.0M
Q2 24
$445.4M
$543.9M
Q1 24
$437.9M
$497.3M
Debt / Equity
AMPL
AMPL
GCMG
GCMG
Q4 25
15.87×
Q3 25
Q2 25
Q1 25
Q4 24
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
AMPL
AMPL
GCMG
GCMG
Operating Cash FlowLast quarter
$12.8M
$183.5M
Free Cash FlowOCF − Capex
$12.7M
$175.0M
FCF MarginFCF / Revenue
13.8%
98.8%
Capex IntensityCapex / Revenue
0.2%
4.8%
Cash ConversionOCF / Net Profit
3.16×
TTM Free Cash FlowTrailing 4 quarters
$28.2M
$326.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMPL
AMPL
GCMG
GCMG
Q4 25
$12.8M
$183.5M
Q3 25
$5.0M
$79.8M
Q2 25
$20.1M
$42.0M
Q1 25
$-8.0M
$33.3M
Q4 24
$3.2M
$148.8M
Q3 24
$6.2M
$69.0M
Q2 24
$9.2M
$17.5M
Q1 24
$-48.0K
$24.2M
Free Cash Flow
AMPL
AMPL
GCMG
GCMG
Q4 25
$12.7M
$175.0M
Q3 25
$4.5M
$78.3M
Q2 25
$19.5M
$40.8M
Q1 25
$-8.5M
$32.1M
Q4 24
$2.4M
$132.0M
Q3 24
$6.2M
$62.2M
Q2 24
$8.6M
$12.8M
Q1 24
$-405.0K
$20.0M
FCF Margin
AMPL
AMPL
GCMG
GCMG
Q4 25
13.8%
98.8%
Q3 25
5.1%
58.0%
Q2 25
23.4%
34.1%
Q1 25
-10.6%
25.5%
Q4 24
3.1%
79.9%
Q3 24
8.2%
50.6%
Q2 24
11.8%
10.9%
Q1 24
-0.6%
18.4%
Capex Intensity
AMPL
AMPL
GCMG
GCMG
Q4 25
0.2%
4.8%
Q3 25
0.5%
1.1%
Q2 25
0.6%
1.0%
Q1 25
0.5%
0.9%
Q4 24
1.0%
10.1%
Q3 24
0.0%
5.5%
Q2 24
0.8%
4.0%
Q1 24
0.5%
3.9%
Cash Conversion
AMPL
AMPL
GCMG
GCMG
Q4 25
3.16×
Q3 25
7.61×
Q2 25
2.72×
Q1 25
71.84×
Q4 24
19.54×
Q3 24
16.60×
Q2 24
3.64×
Q1 24
11.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMPL
AMPL

US$55.8M61%
International$35.7M39%

GCMG
GCMG

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

Related Comparisons