v3.26.1
Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Total operating revenues $ 134,339 $ 119,657 $ 259,117 $ 245,503
Expenses        
Employee compensation and benefits 71,178 74,863 146,546 157,103
General, administrative and other 27,676 25,549 56,604 53,825
Total operating expenses 98,854 100,412 203,150 210,928
Operating income 35,485 19,245 55,967 34,575
Investment income 3,472 5,782 7,393 6,546
Interest expense (4,431) (5,908) (9,294) (11,571)
Other income 1,015 1,182 2,355 2,028
Change in fair value of warrant liabilities 0 19,388 0 10,612
Net other income 56 20,444 454 7,615
Income before income taxes 35,541 39,689 56,421 42,190
Provision (benefit) for income taxes 3,688 (202) 6,824 3,389
Net income 31,853 39,891 49,597 38,801
Less: Net income attributable to noncontrolling interests in subsidiaries 623 980 1,487 1,155
Less: Net income attributable to noncontrolling interests in GCMH 21,666 23,474 33,079 21,746
Net income attributable to GCM Grosvenor Inc. $ 9,564 $ 15,437 $ 15,031 $ 15,900
Earnings (loss) per share of Class A common stock:        
Basic (in dollars per share) $ 0.16 $ 0.30 $ 0.25 $ 0.33
Diluted (in dollars per share) $ 0.12 $ 0.05 $ 0.17 $ 0.07
Weighted average shares of Class A common stock outstanding:        
Basic (in shares) 61,065,330 51,074,156 61,045,007 48,367,585
Diluted (in shares) 203,583,596 196,338,595 204,173,955 195,641,160
Management fees        
Revenues        
Total operating revenues $ 114,762 $ 101,924 $ 225,632 $ 211,239
Incentive fees        
Revenues        
Total operating revenues 17,592 16,258 29,585 31,326
Other operating income        
Revenues        
Total operating revenues $ 1,985 $ 1,475 $ 3,900 $ 2,938