GCM Grosvenor Inc. (GCMG) Form 10-Q — Aug 10, 2026

$GCMGForm 10-QFiled Aug 10, 2026, 4:17 PM ET0001819796-26-000028Original filing

GCM Grosvenor filed its Q2 2026 10-Q reporting total operating revenues of $134.3 million, up 12% from $119.7 million a year earlier, led by management fees of $114.8 million. Operating income nearly doubled to $35.5 million from $19.2 million. Q2 consolidated net income was $31.9 million, but net income attributable to GCM Grosvenor Inc. fell 38% year-over-year to $9.6 million ($0.16 basic EPS), with the bulk of earnings allocated to noncontrolling interests in GCMH.

Key figures

Eps: Q2 2026 basic $0.16, diluted $0.12 (Q2 2025: basic $0.30, diluted $0.05); H1 2026 basic $0.25, diluted $0.17
Revenue: $134.3 million (Q2 2026 total operating revenues) vs $119.7 million (Q2 2025); $259.1 million (H1 2026) vs $245.5 million (H1 2025)
Net Income: $31.9 million Q2 2026 consolidated; $9.6 million attributable to GCM Grosvenor Inc. (vs $15.4 million Q2 2025)
Total Debt: $362.0 million at June 30, 2026 (vs $428.4 million at December 31, 2025); $364.2 million of 2030 Term Loans outstanding
Total Assets: $677.0 million at June 30, 2026 (vs $813.8 million at December 31, 2025)
Cash Position: $139.6 million at June 30, 2026 (vs $242.1 million at December 31, 2025)
Interest Rate: Weighted average 5.92% on 2030 Term Loans for six months ended June 30, 2026 (vs 6.58% prior year)
Shares Outstanding: 61,126,269 Class A and 141,665,831 Class C as of August 5, 2026
Aum: $96.7 billion as of June 30, 2026 (vs $90.9 billion at December 31, 2025)
Gcmh ownership: approximately 30.1%
Debt prepayment: $65.0 million voluntary prepayment on 2030 Term Loans during H1 2026
H1 2026 buybacks: 1,730,078 Class A shares for $19.7 million (avg $11.36)
Buyback remaining: $55.0 million as of June 30, 2026
Dividend per share: $0.12 per Class A share quarterly
Q2 operating income: $35.5 million vs $19.2 million Q2 2025
Carried interest aum: approximately $51.0 billion
Buyback authorization: $255 million total (increased by $35 million on February 9, 2026)
Deferred constrained carry: $5.9 million

Price after filing

1 day: 0.0%7 days: +0.9%30 days: -2.9%

Close on the filing date to close N calendar days later (from $13.58). Historical, not a forecast.

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