Great Elm Capital (GECC) Incentive Fees (2017 - 2026)
Great Elm Capital's Incentive Fees was $593,000 in Q3 2026, down 34.2% from the prior quarter.
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Analysis
Great Elm Capital (GECC) Incentive Fees (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Great Elm Capital's Incentive Fees was $3.16 million through Sep 30, 2026, up 20.6% year-over-year; for FY2025, it was $3.74 million, up 45.0% from FY2024.
- Incentive Fees shows a three-year compound annual growth rate of 87.8% (FY2022 to FY2025).
- In earlier years, Incentive Fees was $2.58 million in FY2024 (-17.6%), $3.13 million in FY2023 (+454.3%) and $565,000 in FY2022.
- Quarterly Incentive Fees has moved between -$323,000 (Q4 2022) and $1.47 million (Q2 2025) over five years.
- Per Business Quant data, GECC's Incentive Fees in the three quarters before Q3 2026 was $901,000 (Q2 2026), $543,000 (Q1 2026) and $1.12 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Incentive Fees (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | - |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | - |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | - |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | - |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | - |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | - |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | - |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 82.00 Mn |
| 10 | Great Elm Capital | 69.59 Mn | 65.12 Mn | - | 593,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 593,000.00 |
| Jun 30, 2026 | 901,000.00 |
| Mar 31, 2026 | 543,000.00 |
| Dec 31, 2025 | 1.12 Mn |
| Jun 30, 2025 | 1.47 Mn |
| Mar 31, 2025 | 1.15 Mn |
| Sep 30, 2024 | 1.02 Mn |
| Jun 30, 2024 | 764,000.00 |
| Mar 31, 2024 | 798,000.00 |
| Dec 31, 2023 | 817,000.00 |
| Sep 30, 2023 | 763,000.00 |
| Jun 30, 2023 | 842,000.00 |
| Mar 31, 2023 | 710,000.00 |
| Dec 31, 2022 | -323,000.00 |
| Dec 31, 2021 | -5.21 Mn |
| Sep 30, 2021 | 382,000.00 |
| Jun 30, 2021 | 398,000.00 |
| Mar 31, 2021 | 108,000.00 |
| Dec 31, 2020 | 210,000.00 |
| Sep 30, 2020 | 482,000.00 |
API Access
Great Elm Capital Incentive Fees API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=incentive-fees&ticker=GECC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "incentive-fees", "ticker": "GECC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=incentive-fees&ticker=GECC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();