GCM Grosvenor Reports Fourth Quarter and Full Year 2025 Earnings Results, with Full Year 2025 Fundraising Increasing 49% Year-Over-Year to $10.7 billion, and Full Year 2025 GAAP Net Income, Fee-Related Earnings and Adjusted Net Income Increasing 143%, 11% and 18%, Respectively, Year-Over-Year

Rhea-AI Summary

GCM Grosvenor (Nasdaq: GCMG) reported fourth-quarter and full-year 2025 results on February 10, 2026. Key metrics: full-year fundraising +49% to $10.7 billion, GAAP net income +143%, fee-related earnings +11%, and adjusted net income +18% year-over-year.

The board approved a $0.12 per share dividend payable March 16, 2026 (record date March 2, 2026), raised the share repurchase authorization by $35 million to $255 million, and initiated a $65 million prepayment of outstanding debt. A conference call and webcast were scheduled for February 10, 2026 at 10:00 a.m. ET.

Positive

• Fundraising +49% year-over-year to $10.7 billion
• GAAP net income +143% year-over-year
• Fee-related earnings +11% year-over-year
• Adjusted net income +18% year-over-year
• Board approved $0.12 per share dividend payable March 16, 2026
• Share repurchase authorization increased by $35 million to $255 million

Negative

• None.

Key Figures

2025 fundraising: $10.7 billion Fundraising growth: 49% YoY GAAP net income growth: 143% YoY +5 more

8 metrics

2025 fundraising $10.7 billion Full year 2025 fundraising level

Fundraising growth 49% YoY Full year 2025 fundraising vs prior year

GAAP net income growth 143% YoY Full year 2025 GAAP net income vs prior year

Fee-related earnings growth 11% YoY Full year 2025 fee-related earnings vs prior year

Adjusted net income growth 18% YoY Full year 2025 adjusted net income vs prior year

Quarterly dividend $0.12 per share Dividend payable on March 16, 2026

Buyback increase $35 million Share repurchase authorization raised from $220M to $255M

Debt prepayment $65 million Prepayment of outstanding debt announced with earnings

Market Reality Check

Price: $11.30 Vol: Pre-news volume of 793,84...

normal vol

$11.30 Last Close

Volume Pre-news volume of 793,846 shares is 1.49x the 20-day average of 532,727, indicating elevated interest into the earnings release. normal

Technical Shares at $9.90 are trading below the 200-day MA of $11.92 and sit 31.63% under the 52-week high, just 0.41% above the 52-week low.

Peers on Argus

While GCMG was nearly flat pre-news (+0.1%), several asset-management peers such...

While GCMG was nearly flat pre-news (+0.1%), several asset-management peers such as PAX (+2.46%) and BBUC (+2.65%) showed stronger gains, suggesting today’s setup is more stock-specific than a broad sector rotation.

Previous Earnings Reports

5 past events · Latest: Nov 05 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Nov 05	Q3 2025 earnings	Positive	+1.2%	Strong YTD fundraising and profit growth with dividend support.
Aug 07	Q2 2025 earnings	Positive	+1.9%	Robust YTD fundraising and earnings plus higher buyback and dividend.
May 07	Q1 2025 earnings	Positive	+0.0%	Improved fundraising, GAAP net income and adjusted profitability metrics.
Feb 10	FY 2024 earnings	Positive	+3.8%	Strong 2024 fundraising growth with higher income and larger buyback.
Nov 08	Q3 2024 earnings	Positive	-2.3%	Healthy YTD fundraising and earnings yet shares fell post-report.

Pattern Detected

Earnings releases have generally been met with modestly positive price reactions, though one recent earnings event saw a decline despite strong fundamentals.

Recent Company History

Recent earnings communications from GCM Grosvenor have consistently highlighted double-digit growth in fundraising and profitability metrics. From Q3 2024 through Q3 2025, the company reported rising GAAP net income, fee-related earnings, and adjusted net income, often paired with dividends and share repurchase increases. Most of these earnings announcements produced positive single-day price moves, with only the Nov 8, 2024 event showing a negative reaction, indicating generally constructive but not uniformly bullish trading around results.

Historical Comparison

earnings

+0.9 %

Average Historical Move

Historical Analysis

Over the last five earnings releases, GCMG’s average next-day move was about 0.92%, with mostly positive reactions but one notable decline despite strong metrics.

Typical Pattern

Across 2024–2025 earnings, GCM Grosvenor has highlighted accelerating fundraising and consistent gains in GAAP net income, fee-related earnings and adjusted net income, alongside rising dividends and expanding repurchase capacity.

Regulatory & Risk Context

Active S-3 Shelf · $350 million

Shelf Active

Active S-3 Shelf Registration 2025-06-27

$350 million registered capacity

An effective Form S-3 shelf filed on Jun 27, 2025 authorizes up to $350 million of various securities, providing financing flexibility for equity or debt issuance. The company has already utilized the shelf via a 424B5 ATM program, so investors should monitor future prospectus supplements for additional use that could affect capital structure.

Market Pulse Summary

This announcement highlights strong full-year 2025 growth in fundraising and profitability, alongsid...

Analysis

This announcement highlights strong full-year 2025 growth in fundraising and profitability, alongside shareholder returns via a $0.12 dividend, a larger $255 million repurchase authorization, and a $65 million debt prepayment. Historically, GCMG earnings have produced modestly positive single-day moves, with one notable decline. Investors may focus on how sustained fundraising, use of the $350 million shelf, and capital deployment choices influence future earnings and capital structure.

Key Terms

alternative asset management, fee-related earnings, adjusted net income, share repurchase authorization, +1 more

5 terms

alternative asset management financial

"GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider"

Alternative asset management is the business of selecting and overseeing investments that lie outside mainstream stocks and bonds — things like real estate, private companies, hedge funds, commodities, infrastructure, or collectibles. For investors it matters because these assets can behave differently than public markets, acting like a separate lane in a portfolio that can reduce overall risk, boost returns, or provide income, but they often come with higher fees, less transparency and lower liquidity (harder to sell quickly).

fee-related earnings financial

"Full Year 2025 GAAP Net Income, Fee-Related Earnings and Adjusted Net Income Increasing"

Fee-related earnings are the portion of a financial firm's profit that comes from client charges for services such as advice, asset management, custody, and transaction fees, rather than from trading gains or market movements. Investors care because these fees act like a steady subscription income—more predictable and less tied to market swings—so higher fee-related earnings usually signal more reliable long-term revenue and lower earnings volatility.

adjusted net income financial

"GAAP Net Income, Fee-Related Earnings and Adjusted Net Income Increasing 143%, 11% and 18%"

Adjusted net income is a company's reported profit after removing unusual, one-time, or non-operational items so the number reflects the business’s regular earning power. Investors use it like a cleaned-up scorecard — similar to judging a player’s season performance without a few fluke games — to compare companies or assess trends without being misled by rare gains or losses that won’t affect future cash flow.

share repurchase authorization financial

"Board of Directors increased the firm's existing share repurchase authorization by $35 million"

A share repurchase authorization is a company's official approval to buy back its own shares from the market. This signals that the company believes its stock is a good investment and can help increase the value of remaining shares by reducing how many are available. For investors, it often suggests confidence from the company and can influence the stock’s price.

prepayment financial

"the firm also announced today that it has initiated prepayment of $65 million of its outstanding debt"

Payment of a loan, mortgage or scheduled obligation earlier than originally agreed, similar to paying off a car or house ahead of schedule to stop future monthly charges. It matters to investors because early repayment alters expected cash flows and interest income — for lenders or bondholders it can mean receiving principal sooner than planned and needing to reinvest at possibly lower rates, and for securities backed by loans it changes timing and amount of returns.

AI-generated analysis. Not financial advice.

CHICAGO, Feb. 10, 2026 (GLOBE NEWSWIRE) -- GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, today reported its results for the fourth quarter and full year 2025.

GCM Grosvenor issued a detailed presentation of its results to the Public Shareholders section of GCM Grosvenor’s website at https://www.gcmgrosvenor.com/shareholder-events.

The firm’s Board of Directors also approved a $0.12 per share dividend payable on March 16, 2026 to shareholders on record March 2, 2026. In addition, in February 2026, GCM Grosvenor's Board of Directors increased the firm's existing share repurchase authorization by $35 million, from $220 million to $255 million. The firm also announced today that it has initiated prepayment of $65 million of its outstanding debt.

Conference Call
A conference call to discuss GCM Grosvenor’s financial results will be held today, Tuesday, February 10, 2026, at 10:00 a.m. ET. The call will be accessible via public webcast from the Public Shareholders section of GCM Grosvenor’s website at https://www.gcmgrosvenor.com/shareholder-events, and a replay of the live broadcast will be available on the website soon after the call’s completion.

The call can also be accessed by dialing (800) 330-6710 (toll-free) or (312) 471-1353 and using the passcode 9398561.

About GCM Grosvenor
GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $91 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform.

GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com.

Non-GAAP Financial Measures
Included in the results above, we report certain financial measures that are not required by, or presented in accordance with, GAAP. Management uses these non-GAAP measures to assess the performance of our business across reporting periods and believes this information is useful to investors for the same reasons. These non-GAAP measures should not be considered a substitute for the most directly comparable GAAP measures, which we reconcile within the detailed presentation discussed above. Further, these measures have limitations as analytical tools, and when assessing our operating performance, you should not consider these measurements in isolation or as a substitute for GAAP measures including net income (loss). We may calculate or present these non-GAAP financial measures differently than other companies who report measures with the same or similar names, and as a result, the non-GAAP measures we report may not be comparable.

Share Repurchase Plan Authorization
GCMG’s Board of Directors previously authorized a share repurchase plan, which may be used to repurchase outstanding Class A common stock and warrants in open market transactions, in privately negotiated transactions including with employees or otherwise, as well as to retire (by cash settlement or the payment of tax withholding amounts upon net settlement) equity-based awards granted under the Company’s Amended and Restated 2020 Incentive Award Plan (or any successor equity plan thereto). The Company is not obligated under the terms of plan to repurchase any of its Class A common stock or warrants, and the size and timing of these repurchases will depend on legal requirements, price, market and economic conditions and other factors. The plan has no expiration date and the plan may be suspended or terminated by the Company at any time without prior notice. Any outstanding shares of Class A common stock and any warrants repurchased as part of this plan will be cancelled. As of December 31, 2025, the total share repurchase plan authorization was $220.0 million. In February 2026, GCM Grosvenor's Board of Directors increased the firm's existing share repurchase authorization by $35 million, from $220 million to $255 million.

Public Shareholders Contact
Stacie Selinger
sselinger@gcmlp.com
312-506-6583

Media Contact
Abigail Ruck
H/Advisors Abernathy
abigail.ruck@h-advisors.global
212-371-5999

Source: GCM Grosvenor

FAQ

What did GCM Grosvenor (GCMG) report for full-year 2025 fundraising on February 10, 2026?

GCM Grosvenor reported full-year fundraising of $10.7 billion, a 49% increase year-over-year. According to the company, this reflects stronger client commitments and fundraising momentum across its alternative asset management strategies in 2025.

How much did GCM Grosvenor (GCMG) increase GAAP net income in 2025?

GAAP net income increased by 143% year-over-year for full-year 2025. According to the company, improved operating performance and other items drove the substantial increase compared with the prior year.

What dividend did GCM Grosvenor (GCMG) announce and when will it be paid?

The board approved a $0.12 per share dividend payable March 16, 2026 to shareholders of record on March 2, 2026. According to the company, this dividend reflects the board's view of capital return opportunities.

Did GCM Grosvenor (GCMG) change its share repurchase authorization in February 2026?

Yes. The board increased the share repurchase authorization by $35 million, raising it from $220 million to $255 million. According to the company, this expands the firm's capacity to repurchase shares under its existing program.

How much debt did GCM Grosvenor (GCMG) prepay in February 2026?

GCM Grosvenor initiated a $65 million prepayment of outstanding debt in February 2026. According to the company, the prepayment is part of ongoing balance sheet management to reduce leverage and interest costs.

When and how can investors access GCM Grosvenor's (GCMG) February 10, 2026 earnings call?

The earnings conference call was scheduled for February 10, 2026 at 10:00 a.m. ET and available via public webcast and replay. According to the company, the webcast and replay are accessible from its Public Shareholders section online.