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| Date | Value |
|---|---|
| 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 |