GCM Grosvenor Inc. (GCMG) Revenue History
Annual and quarterly revenue from 2018 to present
GCMG Revenue Over Time (2018–2025)
GCMG Revenue Growth History
5 of 7 years with positive growth- FY2018 revenue growth
- N/A
- FY2019 revenue growth
- +6.9%
- FY2020 revenue growth
- +4.0%
- FY2021 revenue growth
- +33.3%
- FY2022 revenue growth
- -21.7%
- FY2023 revenue growth
- -0.1%
- FY2024 revenue growth
- +15.8%
- FY2025 revenue growth
- +8.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $123.4M | — |
| Q4 2025 | $177.1M | — |
| Q3 2025 | $133.0M | — |
| Q2 2025 | $124.0M | — |
| Q1 2025 | $125.1M | — |
| Q4 2024 | $170.1M | — |
| Q3 2024 | $122.9M | — |
| Q2 2024 | $117.2M | — |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
GCMG's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
GCMG Revenue Analysis (2018–2025)
Current Revenue & Growth
As of June 21, 2026, GCM Grosvenor Inc. (GCMG) generated trailing twelve-month (TTM) revenue of $557.5 million, reflecting slight decline in growth of -1.4% year-over-year. The most recent quarter (Q1 2026) recorded $123.4 million in revenue, down 30.3% sequentially.
Historical Growth Trajectory
GCMG's 5-year compound annual growth rate (CAGR) stands at +5.5%, indicating steady revenue expansion. The 3-year CAGR of +7.7% exceeds the 5-year average, indicating an acceleration in the most recent period. GCM Grosvenor Inc.'s highest annual revenue of $577.6 million was recorded in 2021.
Revenue by Segment
GCMG's revenue is primarily driven by Asset Management (39%), Management Fees, Before Reimbursement Revenue (37%), and Management Service, Incentive (11%). The diversified mix across segments reduces dependence on any single product line, which can support more resilient revenue in downturns.
Peer Comparison
Compared to Financial Services sector peers — including HLNE, STEP, and AMG. Compare GCMG vs HLNE →
GCMG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GCMGCurrent | $557M | -1.4% | +5.5% | 26.5% | |
 HLNE | $759M | - | - | 42.8% | |
 STEP | $2.0B | - | - | -51.3% | |
 AMG | $2.4B | - | - | 31.8% | |
 BX | $13.8B | - | - | 51.9% | |
 KKR | $19.3B | - | - | 2.4% |
GCMG Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $565.6M | - | $565.6M | 100.0% | $149.7M | 26.5% |
| 2024 | $523.5M | - | $235.4M | 45.0% | $73.5M | 14.0% |
| 2023 | $452.0M | - | $95.9M | 21.2% | $-11,846,000 | -2.6% |
| 2022 | $452.5M | - | $175.2M | 38.7% | $80.3M | 17.7% |
| 2021 | $577.6M | - | $243.7M | 42.2% | $109.4M | 18.9% |
| 2020 | $433.1M | - | $44.7M | 10.3% | $-43,115,000 | -10.0% |
| 2019 | $416.4M | - | $173.4M | 41.7% | $85.0M | 20.4% |
| 2018 | $389.6M | - | $179.2M | 46.0% | $75.1M | 19.3% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
8+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
GCMG — Frequently Asked Questions
Quick answers to the most common questions about buying GCMG stock.
Is GCMG's revenue growth accelerating or slowing?
GCMG revenue growth is slowing. TTM revenue is $557M, up -1.4% year-over-year — below the 5-year CAGR of +5.5%. The deceleration suggests maturing end-markets or increased competition.
What is GCMG's revenue history from 2018 to 2026?
GCM Grosvenor Inc. (GCMG) revenue history spans 2018 to 2026. TTM revenue as of 2026 is $557M, growing at -1.4% YoY. The 5-year CAGR is +5.5%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is GCMG's long-term revenue growth rate (CAGR)?
GCM Grosvenor Inc.'s 5-year revenue CAGR of +5.5% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -1.4% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for GCMG.
Why does GCMG's quarterly revenue fluctuate?
GCMG quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. GCM Grosvenor Inc.'s revenue data from 2018 to 2026 shows full historical quarterly detail on this page.
How is GCMG's revenue distributed by segment?
GCMG reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does GCMG's revenue compare to industry peers?
GCM Grosvenor Inc. (GCMG) with TTM revenue of $557M and -1.4% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.