GCMG

MKT CAP:$2B

GCM Grosvenor Inc.

Market Cap

$2B

Financial Services·Asset Management·🇺🇸 United States·NASDAQ

Financials·Asset Management·🇺🇸·NASDAQ

Stock Price

$10.80-$0.50 (-4.42%)

Apr 24, 2026

Company Details

GCM Grosvenor Inc. is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension...

CEO

Michael Jay Sacks

IPO Date

Feb 6, 2019

Website

www.gcmgrosvenor.com

Key Metrics TTM

Revenue

$514M

+23.7% YoY

Net Income

$26M

EPS (Diluted)

$0.34

Free Cash Flow

$106M

Revenue / Share

$2.57

Gross Margin

40.0%

Operating Margin

13.4%

Net Margin

5.0%

FCF Margin

20.6%

P/S

3.9x

P/E

77.9x

Earnings Reports

Q1 2026

May 6, 2026

PENDING

FY 2025

Feb 19, 2026

$550MEPS $0.42

Q4 2025

Feb 19, 2026

$177MEPS $0.18

Q2 2024

Aug 8, 2024

$117MEPS $0.01

Q1 2024

May 8, 2024

$112MEPS -$0.13

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 19	$106M	$47M	$25M
Q2 19	$91M	$38M	$15M
Q3 19	$118M	$56M	$36M
Q4 19	$101M	$33M	$9M
Q3 20	$108M	$33M	$9M
Q1 24	$112M	$38M	-$16M
Q2 24	$117M	$55M	$21M
Q4 25	$177M	$81M	$55M

Valuation

Quarter	P/S	P/E
Q1 19	—	—
Q2 19	—	—
Q3 19	—	—
Q4 19	4.9x	—
Q3 20	4.8x	—
Q1 24	4.6x	—
Q2 24	4.6x	—
Q4 25	3.9x	77.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 19	-$23M	-$23M
Q2 19	$38M	$37M
Q3 19	$20M	$17M
Q4 19	$61M	$61M
Q3 20	$49M	$49M
Q1 24	$24M	$20M
Q2 24	$17M	$13M
Q4 25	$28M	$24M

Capital Expenditures

Quarter	CapEx
Q1 19	$86.0K
Q2 19	$167.0K
Q3 19	$3M
Q4 19	$592.0K
Q3 20	$145.0K
Q1 24	$4M
Q2 24	$5M
Q4 25	$5M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 20	+2.2%	+22.5%
Q1 24	+22.9%	+69.1%
Q2 24	-0.6%	+17.1%
Q4 25	+75.1%	+32.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 19	$708.0K	0.7%
Q2 19	$1M	1.2%
Q3 19	$1M	1.0%
Q4 19	$1M	1.1%
Q3 20	$1M	1.1%
Q1 24	$26M	23.0%
Q2 24	$24M	20.2%
Q4 25	$13M	7.1%

OpEx Breakdown

Quarter	G&A	S&M
Q1 19	$22M	—
Q2 19	$22M	—
Q3 19	$21M	—
Q4 19	$17M	$7M
Q3 20	$17M	—
Q1 24	$125M	—
Q2 24	$96M	—
Q4 25	$26M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$77M	$0	$77M
Q2 22	$78M	$0	$78M
Q3 22	$102M	$0	$102M
Q4 22	$85M	$0	$85M
Q1 23	$62M	$0	$62M
Q2 23	$51M	$0	$51M
Q3 23	$55M	$0	$55M
Q4 23	$44M	$0	$44M
Q1 24	$42M	$0	$42M
Q2 24	$74M	$0	$74M
Q3 24	$98M	$0	$98M
Q4 24	$89M	$0	$89M
Q1 25	$94M	$0	$94M
Q2 25	$136M	$0	$136M
Q3 25	$183M	$0	$183M
Q4 25	$242M	$0	$242M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 19	40M	—	—
Q2 19	40M	0.0%	—
Q3 19	40M	0.0%	—
Q4 19	40M	0.0%	—
Q3 20	40M	0.0%	0.0%
Q1 24	188M	+370.8%	+370.8%
Q2 24	190M	+1.2%	+376.5%
Q4 25	200M	+5.3%	+401.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 19	—	—
Q2 19	—	—
Q3 19	—	—
Q4 19	—	—
Q3 20	—	—
Q1 24	$207.6K	538
Q2 24	$217.8K	538
Q4 25	$320.2K	553

Revenue / Employee