GCM Grosvenor Operating Expenses Growth & History (GCMG)
GCM Grosvenor's operating expenses was $424.1M for fiscal 2025.
View full GCM Grosvenor company overviewGCM Grosvenor annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $424.1M | −$16.4M | −3.73% |
| 2024 | 2024-12-31 | $440.5M | −$16.3M | −3.57% |
| 2023 | 2023-12-31 | $456.8M | $90.6M | +24.75% |
| 2022 | 2022-12-31 | $366.2M | −$56.0M | −13.26% |
| 2021 | 2021-12-31 | $422.2M | −$50.9M | −10.76% |
| 2020 · Dec 31 | 2020-12-31 | $473.1M | $141.7M | +42.75% |
| 2019 | 2019-12-31 | $331.4M | $28.1M | +9.25% |
| 2018 | 2018-12-31 | $303.4M | — | — |
GCM Grosvenor quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $98.9M | −$1.6M | −1.55% |
| Q1 2026 | 2026-03-31 | $104.3M | −$6.2M | −5.63% |
| Q4 2025 | 2025-12-31 | $122.4M | $737,000 | +0.61% |
| Q3 2025 | 2025-09-30 | $90.8M | −$7.1M | −7.29% |
| Q2 2025 | 2025-06-30 | $100.4M | $4.3M | +4.47% |
| Q1 2025 | 2025-03-31 | $110.5M | −$14.3M | −11.46% |
| Q4 2024 | 2024-12-31 | $121.7M | $18.2M | +17.61% |
| Q3 2024 | 2024-09-30 | $97.9M | $124,000 | +0.13% |
| Q2 2024 | 2024-06-30 | $96.1M | −$47.5M | −33.06% |
| Q1 2024 | 2024-03-31 | $124.8M | $12.8M | +11.45% |
| Q4 2023 | 2023-12-31 | $103.4M | $17.4M | +20.21% |
| Q3 2023 | 2023-09-30 | $97.8M | −$10.7M | −9.84% |
| Q2 2023 | 2023-06-30 | $143.6M | $59.1M | +69.89% |
| Q1 2023 | 2023-03-31 | $112.0M | $24.8M | +28.50% |
| Q4 2022 | 2022-12-31 | $86.0M | −$37.8M | −30.50% |
| Q3 2022 | 2022-09-30 | $108.5M | $15.5M | +16.65% |
| Q2 2022 | 2022-06-30 | $84.5M | −$13.0M | −13.30% |
| Q1 2022 | 2022-03-31 | $87.2M | −$20.7M | −19.21% |
| Q4 2021 | 2021-12-31 | $123.8M | −$104.7M | −45.82% |
| Q3 2021 | 2021-09-30 | $93.0M | $420,000 | +0.45% |
| Q2 2021 | 2021-06-30 | $97.5M | $25.6M | +35.57% |
| Q1 2021 | 2021-03-31 | $107.9M | $27.8M | +34.73% |
| Q4 2020 | 2020-12-31 | $228.5M | — | — |
| Q3 2020 | 2020-09-30 | $92.6M | — | — |
| Q2 2020 | 2020-06-30 | $71.9M | — | — |
| Q1 2020 | 2020-03-31 | $80.1M | — | — |
GCM Grosvenor operating expenses trends
Over the last five fiscal years, GCM Grosvenor's operating expenses decreased from $473.1M to $424.1M, a change of −$49.0M. The latest reported quarter, Q2 2026, shows $98.9M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review GCM Grosvenor source filings ↗