Great Elm Capital (GECC) Operating Margin (2024 - 2026)
Great Elm Capital's (GECC) quarterly Operating Margin came in at 42.09% in Q2 2026, up 26.0% year-over-year from 33.4% in Q2 2025, and down 20.83% quarter-over-quarter from 53.16% in Q1 2026.
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Great Elm Capital (GECC) Operating Margin (2024 - 2026) Analysis & Trends
Great Elm Capital has disclosed Operating Margin across 3 years of filings, most recently posting 42.09% for Q2 2026.
- In Q2 2026, Operating Margin rose 26.0% year-over-year to 42.09%; the TTM figure through Jun 2026 stood at 38.81% (up 278.0% YoY), while the FY2025 annual figure was 35.8%, up 325.0% from the prior year.
- Operating Margin came in at 42.09% for Q2 2026 at Great Elm Capital, down from 53.16% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 53.16% in Q1 2026 to a low of 25.1% in Q3 2025.
- Average Operating Margin over 3 years is 36.63%, with a median of 36.67% recorded in 2025.
- Year-over-year, Operating Margin sank 1026 bps in 2025 and surged 1600 bps in 2026.
- Over 3 years, Operating Margin stood at 26.24% in 2024, then surged by 40 bps to 36.67% in 2025, then gained by 15 bps to 42.09% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 42.09% in Q2 2026, 53.16% in Q1 2026, and 36.67% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 47.79% |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 55.61% |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | 44.07% |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | 62.71% |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 41.14% |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | 62.31% |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | - |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | 45.39% |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | 8.79% |
| 10 | Great Elm Capital | 83.34 Mn | -146.62 Mn | - | 42.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.09% |
| Mar 31, 2026 | 53.16% |
| Dec 31, 2025 | 36.67% |
| Sep 30, 2025 | 25.10% |
| Jun 30, 2025 | 41.83% |
| Mar 31, 2025 | 37.17% |
| Dec 31, 2024 | 26.24% |
| Sep 30, 2024 | 35.36% |
| Jun 30, 2024 | 32.03% |