Jun 2026 (Q2 FY26) — Aug 10, 2026
GCM Grosvenor Q2 FY26 — Strong Fundraising and Investment Performance, Driven by Credit and ARS
Read the full callGCM Grosvenor earnings: last reported Mon, 10 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 134 | +12.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 26.4 | +10.3 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 9.6 | −38.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $11.49 on 17 Oct 2025 → $12.34. High $14.05 (13 Aug 2026), low $9.45 (27 Mar 2026).
Overview
Call summaries
GCM Grosvenor Q2 FY26 — Strong Fundraising and Investment Performance, Driven by Credit and ARS
Read the full callEvery analysed call
Financials
Net profit, year on year: −38% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 123 | 165 | 126 | 120 | 135 | 177 | 125 | 134 |
| Operating profit | 25 | 44 | 15 | 19 | 44 | 55 | 20 | 35 |
| Operating margin | 20.3% | 26.4% | 12.2% | 16.1% | 32.7% | 30.9% | 16.4% | 26.4% |
| Other income | -10 | -7 | -13 | 20 | 5 | 9 | 0 | 0 |
| Interest | 6 | — | — | — | 6 | 6 | — | — |
| Profit before tax | 15 | 36 | 3 | 40 | 49 | 64 | 21 | 36 |
| Tax rate | 20.8% | 16.5% | 143.6% | −0.5% | 7.4% | 9.2% | 15.0% | 10.4% |
| Net profit | 4 | 8 | 0 | 15 | 10 | 19 | 5 | 10 |
| EPS ($ per share) | 0.09 | — | 0.01 | 0.30 | 0.20 | — | 0.09 | 0.16 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Reserves | — | -30 | -26 | -24 | -32 | -35 | -16 |
| Total liabilities | 587 | 599 | 637 | 583 | 616 | 703 | 686 |
| Fixed assets | 9 | 8 | 5 | 5 | 7 | 23 | 30 |
| Total assets | 373 | 632 | 582 | 489 | 505 | 613 | 814 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 117 | 96 | 68 | 179 | 217 | 92 | 149 | 184 |
| Cash from investing | 8 | 6 | -6 | -28 | -10 | -19 | -32 | -27 |
| Cash from financing | -154 | -91 | 55 | -251 | -215 | -114 | -70 | -5 |
| Net cash flow | -29 | 12 | 118 | -102 | -11 | -41 | 45 | 153 |
| Capital expenditure | -1 | -4 | -1 | -1 | -1 | -4 | -17 | -8 |
| Free cash flow | 116 | 92 | 67 | 178 | 216 | 88 | 132 | 175 |
49 filings between Nov 14, 2025 and Sep 30, 2026.
Purchases
None
No insider bought shares.
Sales
$10.17M
11 sales by 4 insiders
36% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 4 gifts, 1 other, 1 option exercised.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| CANTOR FITZGERALD, L. P. | — | $7.60M | Jul 16, 2026 |
| Bentley Pamela L | — | $1.56M | Sep 16, 2026 |
| SULLIVAN KATHLEEN PATRICIA | — | $526.3K | Sep 3, 2026 |
| Blanton Angela | — | $488.8K | Feb 27, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 30, 2026 | Cornelli Francesca Director | Award | 5,722 | $73.8K |
| Sep 16, 2026 | Bentley Pamela L Chief Financial Officer | Sale 10b5-1 plan | 10,000 | $126.8K |
| Sep 15, 2026 | Bentley Pamela L Chief Financial Officer | Sale 10b5-1 plan | 40,000 | $502.5K |
| Sep 3, 2026 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Sale | 15,037 | $198.0K |
| Sep 2, 2026 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Sale | 24,963 | $328.4K |
| Aug 15, 2026 | Pollock Frederick Chief Investment Officer | Tax withheld | 23,953 | $332.0K |
| Aug 15, 2026 | Levin Jonathan Reisin President | Option exercise | 91,305 | — |
| Aug 15, 2026 | Pollock Frederick Chief Investment Officer | Option exercise | 60,870 | — |
| Aug 15, 2026 | Levin Jonathan Reisin President | Tax withheld | 42,813 | $593.4K |
| Jul 16, 2026 | CANTOR FITZGERALD, L. P. 10% owner | Sale | 426,550 | $5.79M |
| Jul 15, 2026 | CANTOR FITZGERALD, L. P. 10% owner | Sale | 4,000 | $57.0K |
| Jul 15, 2026 | CANTOR FITZGERALD, L. P. 10% owner | Sale | 126,556 | $1.75M |
| Jun 30, 2026 | Cornelli Francesca Director | Award | 5,996 | $73.8K |
| May 31, 2026 | Levin Jonathan Reisin President | Option exercise | 24,242 | — |
| May 31, 2026 | Levin Jonathan Reisin President | Option exercise | 50,000 | — |
| May 31, 2026 | Levin Jonathan Reisin President | Tax withheld | 45,085 | $479.3K |
| May 31, 2026 | Pollock Frederick Chief Investment Officer | Option exercise | 25,000 | — |
| May 31, 2026 | Pollock Frederick Chief Investment Officer | Tax withheld | 9,838 | $104.6K |
| May 31, 2026 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Option exercise | 12,500 | — |
| May 31, 2026 | Bentley Pamela L Chief Financial Officer | Option exercise | 16,161 | — |
| May 31, 2026 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Option exercise | 9,114 | — |
| May 31, 2026 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Tax withheld | 14,946 | $158.9K |
| May 31, 2026 | Bentley Pamela L Chief Financial Officer | Option exercise | 16,668 | — |
| May 31, 2026 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Option exercise | 12,121 | — |
| May 31, 2026 | Bentley Pamela L Chief Financial Officer | Option exercise | 12,083 | — |
| May 31, 2026 | Bentley Pamela L Chief Financial Officer | Tax withheld | 20,256 | $215.3K |
| May 31, 2026 | Levin Jonathan Reisin President | Option exercise | 25,000 | — |
| May 19, 2026 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Gift | 1,000 | $0 |
| May 18, 2026 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Gift | 1,500 | $0 |
| Apr 15, 2026 | Bentley Pamela L Chief Financial Officer | Tax withheld | 29,981 | $326.2K |
| Apr 15, 2026 | Bentley Pamela L Chief Financial Officer | Option exercise | 26,568 | — |
| Apr 15, 2026 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Option exercise | 7,976 | — |
| Apr 15, 2026 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Tax withheld | 9,474 | $103.1K |
| Mar 31, 2026 | Cornelli Francesca Director | Award | 7,526 | $73.8K |
| Mar 11, 2026 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Gift | 1,600 | $0 |
| Mar 2, 2026 | Pollock Frederick Chief Investment Officer | Tax withheld | 39,807 | $465.7K |
| Mar 1, 2026 | Bentley Pamela L Chief Financial Officer | Option exercise | 39,845 | — |
| Mar 1, 2026 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Option exercise | 13,409 | — |
| Mar 1, 2026 | Pollock Frederick Chief Investment Officer | Option exercise | 50,000 | — |
| Mar 1, 2026 | Pollock Frederick Chief Investment Officer | Option exercise | 50,000 | — |
| Feb 27, 2026 | Blanton Angela Director | Sale | 1,906 | $22.4K |
| Feb 26, 2026 | Blanton Angela Director | Sale | 39,278 | $466.5K |
| Jan 15, 2026 | Blanton Angela Director | Option exercise | 86,883 | — |
| Dec 31, 2025 | Cornelli Francesca Director | Option exercise | 2,395 | — |
| Dec 17, 2025 | Bentley Pamela L Chief Financial Officer | Sale 10b5-1 plan | 40,000 | $465.0K |
| Dec 16, 2025 | Bentley Pamela L Chief Financial Officer | Sale 10b5-1 plan | 40,000 | $464.4K |
| Dec 2, 2025 | SULLIVAN KATHLEEN PATRICIA Principal Accounting Officer | Gift | 2,000 | $0 |
| Nov 14, 2025 | Sacks Michael Jay Chief Executive Officer | Other | 893,012 | $10.35M |
| Nov 14, 2025 | Sacks Michael Jay Chief Executive Officer | Option exercised | 900,000 | $10.35M |
| Oct 6, 2025 | LUTNICK HOWARD W 10% owner | Sale | 6,451,535 | — |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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