Real Estate was Great Elm’s largest product and service line in fiscal 2026, bringing in $43.41M of $111.10M (39%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|
| Real Estate | — | — | — | $43.41M | |
| Real Estate Property Sales | — | $13.17M | $2.38M | $29.49M | |
| Alternative Credit | — | — | — | $12.14M | |
| Management Fees | $10.94M | $11.81M | $14.08M | $14.31M | |
| Incentive Fees | $2.01M | $5.35M | $8.14M | — | |
| Administration & Service Fees | $2.13M | $2.81M | $3.03M | $4.38M | |
| Project Management Fees | — | $150.00K | $1.88M | $4.38M | |
| Property Management Fees | $2.24M | $2.37M | $2.49M | $2.64M | |
| Real Estate Rental Income | — | — | $634.00K | $362.00K | |
| Total | $17.33M | $35.67M | $32.63M | $111.10M |
Great Elm brought in $111.10M from its eight product and service lines in fiscal 2026, the year ended June 30, 2026. Great Elm regrouped these lines after fiscal 2025, so the total does not compare directly with that year's $32.63M. Real Estate was the largest at $43.41M (39.1%), ahead of Real Estate Property Sales at $29.49M (26.5%) and Management Fees at $14.31M (12.9%). The other five lines brought in $23.90M combined.
Compared with fiscal 2025, Real Estate Property Sales grew fastest, up 1,136.8% to $29.49M. Every line above 2% of revenue grew.
Great Elm began breaking out Real Estate in fiscal 2026, Real Estate Property Sales in fiscal 2024, Alternative Credit in fiscal 2026 and Project Management Fees in fiscal 2024. Great Elm stopped reporting Incentive Fees as a separate line after fiscal 2025, when it brought in $8.14M.
Real Estate was Great Elm’s largest segment in fiscal 2026, bringing in $72.90M of $85.04M (86%).
| Segment | FY 2020 | FY 2021 | FY 2025 | FY 2026 |
|---|---|---|---|---|
| Durable Medical Equipment | — | — | ||
| Real Estate | $4.09M | $72.90M | ||
| Alternative Credit | $9.99M | $12.14M | ||
| Investment Management | — | — | ||
| General Corporate | — | — | ||
| Total | $14.08M | $85.04M |
Great Elm brought in $85.04M from its two segments in fiscal 2026, the year ended June 30, 2026. That is less than the $111.10M it reports by product and service, so these segments do not cover all of its revenue. Real Estate was the largest at $72.90M (85.7%), ahead of Alternative Credit at $12.14M (14.3%).
Compared with fiscal 2025, Real Estate grew 1,682.3% to $72.90M and Alternative Credit grew 21.6% to $12.14M.
Great Elm (GEG) reports its revenue by product and service and by segment. In fiscal 2026, Real Estate was its largest product and service line, bringing in $43.41M (39.1% of the total), followed by Real Estate Property Sales at $29.49M (26.5%).
Real Estate was Great Elm's largest product and service line in fiscal 2026, bringing in $43.41M, or 39.1% of the $111.10M total across its eight product and service lines.
Real Estate was Great Elm's largest segment in fiscal 2026, bringing in $72.90M, or 85.7% of the $85.04M total across its two segments.
Real Estate grew faster than Alternative Credit in fiscal 2026, up 1,682.3% from $4.09M to $72.90M. Alternative Credit grew 21.6% to $12.14M.
Every figure comes from Great Elm's annual financial filings, as reported. Each line keeps the name Great Elm gives it, and years follow its fiscal calendar.
Great Elm's revenue by product and service goes back to fiscal 2022, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.