Real Estate Property Sales was Great Elm’s largest product and service line in fiscal 2026, bringing in $14.74M of $27.78M (53%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|
| Real Estate Property Sales | — | $6.59M | $1.19M | $14.74M | |
| Management Fees | $5.47M | $5.91M | $7.04M | $7.15M | |
| Incentive Fees | $1.01M | $2.68M | $4.07M | — | |
| Administration & Service Fees | $1.06M | $1.41M | $1.51M | $2.19M | |
| Project Management Fees | — | $75.00K | $941.00K | $2.19M | |
| Property Management Fees | $1.12M | $1.19M | $1.25M | $1.32M | |
| Real Estate Rental Income | — | — | $317.00K | $181.00K | |
| Total | $8.66M | $17.83M | $16.32M | $27.78M |
Great Elm brought in $27.78M from its six 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 $16.32M. Real Estate Property Sales was the largest at $14.74M (53.1%), ahead of Management Fees at $7.15M (25.8%) and Project Management Fees at $2.19M (7.9%). The other three lines brought in $3.69M combined.
Compared with fiscal 2025, Real Estate Property Sales grew fastest, up 1,136.8% to $14.74M. Every line above 2% of revenue grew.
Great Elm began breaking out Real Estate Property Sales in fiscal 2024, Project Management Fees in fiscal 2024 and Real Estate Rental Income in fiscal 2025. Great Elm stopped reporting Incentive Fees as a separate line after fiscal 2025, when it brought in $4.07M.
Real Estate was Great Elm’s largest segment in fiscal 2026, bringing in $21.71M of $27.78M (78%).
| Segment | FY 2020 | FY 2021 | FY 2022 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|
| Durable Medical Equipment | — | — | |||
| Real Estate | $5.99M | $21.71M | |||
| Alternative Credit | $10.32M | $6.07M | |||
| Investment Management | — | — | |||
| General Corporate | — | — | |||
| Intercompany Eliminations | — | — | |||
| Total | $16.32M | $27.78M |
Great Elm brought in $27.78M from its two segments in fiscal 2026, the year ended June 30, 2026. That was up 70.2% from $16.32M in fiscal 2025. Real Estate was the largest at $21.71M (78.1%), ahead of Alternative Credit at $6.07M (21.9%).
Compared with fiscal 2025, Real Estate grew 262.2% to $21.71M, while Alternative Credit fell 41.2% to $6.07M.
Great Elm (GEG) reports its revenue by product and service and by segment. In fiscal 2026, Real Estate Property Sales was its largest product and service line, bringing in $14.74M (53.1% of the total), followed by Management Fees at $7.15M (25.8%).
Real Estate Property Sales was Great Elm's largest product and service line in fiscal 2026, bringing in $14.74M, or 53.1% of the $27.78M total across its six product and service lines.
Real Estate was Great Elm's largest segment in fiscal 2026, bringing in $21.71M, or 78.1% of the $27.78M total across its two segments.
Real Estate grew faster than Alternative Credit in fiscal 2026, up 262.2% from $5.99M to $21.71M. Alternative Credit fell 41.2% to $6.07M.
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.