GAMCO Investors, Inc. Reports Results for the First Quarter 2026
Rhea-AI Summary
GAMCO Investors (OTCQX: GAMI) reported Q1 2026 results for the quarter ended March 31, 2026. AUM rose to $35.1 billion (+12.5% versus Q1 2025) and revenues grew 14.9% to $65.9 million. First quarter EPS was $0.66 versus $0.81 a year earlier.
The company reported $200.9 million in cash and investments, no debt, and 21.6 million shares outstanding after repurchasing 449,535 shares in Q1 2026.
Positive
- AUM +12.5% to $35.1 billion
- Revenues +14.9% to $65.9 million
- $200.9 million in cash and investments with no debt
- Repurchased 449,535 shares in Q1 2026
Negative
- First quarter EPS declined to $0.66 from $0.81 (approx. 18.5% drop)
News Market Reaction – GAMI
In the May 6 session, GAMI gained 2.37%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Quarter End AUM of
$35.1 Billion (+12.5% versus Q1 2025) - Quarterly Revenues Grew
14.9% to$65.9 Million - First Quarter EPS of
$0.66 versus$0.81 in the First Quarter of 2025 - Strong Liquidity Position and Cash Generation Support Capital Returns:
$200.9 Million in Cash and Investments with No Debt; 21.6 Million Shares Outstanding After Repurchasing 449,535 Shares During Q1 2026
PALM BEACH, Fla., May 05, 2026 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. (“Gabelli”) (OTCQX: GAMI) today reported its operating results for the quarter ended March 31, 2026.
Please use this link to see the full press release on our website:
https://gabelli.com/wp-content/uploads/2026/05/GAMI-1st-Quarter-2026-Press-Release-final.docx
About Gabelli
Gabelli (OTCQX: GAMI), established in 1977, is a widely-recognized provider of investment advisory services to 27 open-end funds, 13 United States closed-end funds and one United Kingdom investment company, 8 actively managed exchange traded funds, one société d’investissement à capital variable, and approximately 1,900 institutional and private wealth management investors principally in the U.S. The Company’s revenues are based primarily on the levels of assets under management and fees associated with the various investment products.
In 1977, Gabelli launched its well-known All Cap Value equity strategy, Gabelli Value, in a separate account format and in 1986 entered the mutual fund business. Today, Gabelli offers a diverse set of client solutions across asset classes (e.g. Equities, Debt Instruments, Convertibles, non-market correlated Merger Arbitrage), regions, market capitalizations, sectors (e.g. Gold, Utilities) and investment styles (e.g. Value, Growth). Gabelli serves a broad client base, including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.
| Contact: | Kieran Caterina |
| Chief Accounting Officer (914) 921-5149 | |
| For further information please visit | |
| www.gabelli.com |