GCM Grosvenor Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Transaction-Based Revenues	547.77	549.29	507.89	440.35	442.41	525.07
Other Revenues	8.72	8.27	6.13	4.65	4.12	6.52
Revenue	556.5	557.57	514.01	445	446.53	531.59
Revenue Growth (YoY)	4.80%	8.47%	15.51%	-0.34%	-16.00%	23.63%
Cost of Revenue	312.46	319.33	336.24	356.04	277.31	333.84
Gross Profit	244.04	238.23	177.78	88.96	169.22	197.76
Selling, General & Admin	105.43	104.78	104.3	100.8	88.91	88.35
Operating Income	138.61	133.45	73.48	-11.85	80.31	109.4
Interest Income	19.42	16.26	15.59	11.64	10.11	52.5
Interest Expense	-21.99	-22.79	-24.16	-23.75	-23.31	-20.08
Other Non-Operating Income (Expense)	37.29	28.02	-14.75	2.44	21.99	11.25
Total Non-Operating Income (Expense)	34.72	21.49	-23.32	-9.67	8.78	43.66
Pretax Income	173.32	154.94	50.16	-21.51	89.09	153.06
Provision for Income Taxes	12.45	12.9	13.56	7.69	9.61	10.99
Net Income	50.38	45.37	18.7	12.77	19.82	21.48
Minority Interest in Earnings	110.5	96.67	17.91	-41.98	59.66	120.59
Net Income to Common	50.38	45.37	18.7	12.77	19.82	21.48
Net Income Growth	195.73%	142.69%	46.35%	-35.55%	-7.74%	430.55%
Shares Outstanding (Basic)	54	52	45	43	189	189
Shares Outstanding (Diluted)	200	197	191	187	189	189
Shares Change (YoY)	4.83%	3.52%	1.68%	-0.60%	-0.26%	366.93%
EPS (Basic)	0.92	0.87	0.42	0.30	0.45	0.49
EPS (Diluted)	0.45	0.42	0.03	-0.28	0.28	0.28
EPS Growth	221.43%	1300.00%	-	-	-	-
Shares Outstanding	59.41	60.72	44.9	42.99	41.81	43.96
Free Cash Flow	187.29	175.04	132.05	88.3	215.73	2.58
Free Cash Flow Growth	7.00%	32.56%	49.54%	-59.07%	8275.20%	-
Free Cash Flow Per Share	0.94	0.89	0.69	0.47	1.14	0.01
Dividends Per Share	0.470	0.460	0.440	0.440	0.420	0.370
Dividend Growth	2.17%	4.54%	-	4.76%	13.51%	516.67%
Gross Margin	43.85%	42.73%	34.59%	19.99%	37.90%	37.20%
Operating Margin	24.91%	23.94%	14.30%	-2.66%	17.99%	20.58%
Profit Margin	28.91%	25.48%	7.12%	-6.56%	17.80%	26.73%
FCF Margin	33.66%	31.39%	25.69%	19.84%	48.31%	0.48%
EBITDA	142.94	137.88	76.8	-9.15	84.17	113.42
EBITDA Margin	25.69%	24.73%	14.94%	-2.06%	18.85%	21.34%
EBIT	138.61	133.45	73.48	-11.85	80.31	109.4
EBIT Margin	24.91%	23.94%	14.30%	-2.66%	17.99%	20.58%
Effective Tax Rate	7.18%	8.33%	27.03%	-35.75%	10.79%	7.18%

Updated May 7, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q