Quarterly ResultMay 7, 2026, 04:54 PM
GCM Grosvenor Q1 Net Income $5.47M, EPS $0.09; Repurchases Shares
AI Summary
GCM Grosvenor Inc. reported a significant increase in net income attributable to the company for the first quarter of 2026, reaching $5.47 million, up from $0.46 million in the prior year. Basic earnings per share rose to $0.09 from $0.01. While total operating revenues slightly decreased to $124.78 million, operating income improved to $20.48 million. The company also initiated share repurchases totaling $17.47 million and reduced its debt.
Key Highlights
- Net income attributable to GCM Grosvenor Inc. rose to $5.47 million for Q1 2026, up from $0.46 million in Q1 2025.
- Basic earnings per share increased to $0.09 in Q1 2026, compared to $0.01 in Q1 2025.
- Total operating revenues slightly decreased to $124.78 million in Q1 2026 from $125.85 million in Q1 2025.
- Operating income improved to $20.48 million in Q1 2026, up from $15.33 million in Q1 2025.
- The company repurchased Class A common stock totaling $17.47 million during Q1 2026.
- Debt decreased to $362.93 million as of March 31, 2026, from $428.44 million at December 31, 2025.
- Cash and cash equivalents stood at $164.39 million as of March 31, 2026.
- Dividends paid increased to $7.51 million in Q1 2026 from $5.07 million in Q1 2025.