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

GCM Grosvenor's (GCMG) 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 (GCMG) Operating Expenses (2020 - 2026) Analysis & Trends

GCM Grosvenor's Operating Expenses history runs 7 years deep, the most recent figure standing at $104.3 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 5.63% year-over-year to $104.3 million in Q1 2026; TTM through Mar 2026 was $417.9 million, a 1.95% decrease from a year earlier, with the FY2025 full-year figure at $424.1 million, down 3.73% from the prior year.
  • Operating Expenses slipped to $104.3 million in Q1 2026 per GCMG's latest filing, from $122.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $143.6 million in Q2 2023 and bottomed at $84.5 million in Q2 2022.
  • The 5-year median for Operating Expenses is $103.4 million (2023), against an average of $105.4 million.
  • Across the five-year window, Operating Expenses surged 69.89% in 2023 and slumped 33.06% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $86.0 million in 2022, then rose by 20.21% to $103.4 million in 2023, then increased by 17.61% to $121.7 million in 2024, then advanced by 0.61% to $122.4 million in 2025, then dropped by 14.78% to $104.3 million in 2026.
  • Per Business Quant, the three latest GCMG Operating Expenses figures stand at $104.3 million (Q1 2026), $122.4 million (Q4 2025), and $90.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 GCM Grosvenor 719.48 Mn 555.09 Mn - 104.30 Mn

Historic Data

Download Data
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