Growth Metrics

GCM Grosvenor (GCMG) Operating Expenses (2020 - 2026)

GCM Grosvenor's quarterly Operating Expenses came in at $104.3 million in Q1 2026, down 5.63% year-on-year from $110.5 million in Q1 2025, and down 14.78% quarter-over-quarter from $122.4 million in Q4 2025.

GCM Grosvenor has reported Operating Expenses for 7 years, with the latest figure at $104.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 5.63% year-over-year to $104.3 million; the trailing twelve-month figure through Mar 2026 stood at $417.9 million (down 1.95% YoY), and the FY2025 full-year result was $424.1 million, down 3.73% from the prior year.
  • Operating Expenses for Q1 2026 stood at $104.3 million, down from $122.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $143.6 million in Q2 2023, with the low at $84.5 million in Q2 2022.
  • Average Operating Expenses over 5 years is $105.4 million, with a median of $103.4 million recorded in 2023.
  • Year-over-year, Operating Expenses surged 69.89% in 2023 and slumped 33.06% in 2024.
  • Tracing GCMG's Operating Expenses over 5 years: stood at $86.0 million in 2022, then gained by 20.21% to $103.4 million in 2023, then rose by 17.61% to $121.7 million in 2024, then climbed by 0.61% to $122.4 million in 2025, then declined by 14.78% to $104.3 million in 2026.
  • The last three Operating Expenses figures came in at $104.3 million (Q1 2026), $122.4 million (Q4 2025), and $90.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 3.88 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 2.26 Bn
3 Kkr 84.94 Bn 132.45 Bn - 3.87 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 733.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 4.68 Bn
6 State Street 44.42 Bn 18.75 Bn - 2.81 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 3.67 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 1.51 Bn
9 Ares Management 28.85 Bn 32.22 Bn - 1.17 Bn
10 GCM Grosvenor 656.62 Mn 533.59 Mn - 104.30 Mn

Historic Data

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DateValue
Mar 31, 2026 104.30 Mn
Dec 31, 2025 122.39 Mn
Sep 30, 2025 90.79 Mn
Jun 30, 2025 100.41 Mn
Mar 31, 2025 110.52 Mn
Dec 31, 2024 121.65 Mn
Sep 30, 2024 97.93 Mn
Jun 30, 2024 96.12 Mn
Mar 31, 2024 124.83 Mn
Dec 31, 2023 103.44 Mn
Sep 30, 2023 97.81 Mn
Jun 30, 2023 143.59 Mn
Mar 31, 2023 112.00 Mn
Dec 31, 2022 86.05 Mn
Sep 30, 2022 108.48 Mn
Jun 30, 2022 84.52 Mn
Mar 31, 2022 87.16 Mn
Dec 31, 2021 123.82 Mn
Sep 30, 2021 93.00 Mn
Jun 30, 2021 97.49 Mn
Mar 31, 2021 107.89 Mn
Dec 31, 2020 228.54 Mn
Sep 30, 2020 92.58 Mn
Jun 30, 2020 71.91 Mn
Mar 31, 2020 80.07 Mn