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GCM Grosvenor (GCMG) operating margin by quarter

GCM Grosvenor's operating margin was 26.4% in Q2 2026 (second quarter 2026), +10.0 pts from Q1 2026. Over the last 6 quarters it ranged from 16.1% (Q2 2025) to 32.7% (Q3 2025).

GCM Grosvenor operating margin by quarterGCM Grosvenor operating margin by quarter26.4%Q4 202416.1%Q2 202532.7%Q3 202530.9%Q4 202516.4%Q1 202626.4%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 202626.4%+10.0 pts+10.3 pts
Q1 202616.4%-14.5 pts—
Q4 202530.9%-1.8 pts+4.5 pts
Q3 202532.7%+16.6 pts—
Q2 202516.1%-10.3 pts—
Q4 202426.4%——

Q2 2026 at a glance

GCM Grosvenor, Q2 2026: revenue $134M (+12% year over year), operating margin 26.4%, net earnings $9.6M, operating cash flow $38.1M. The chart follows the revenue to costs, profit and cash.

Questions

What is GCM Grosvenor's operating margin?

GCM Grosvenor's operating margin was 26.4% in Q2 2026 (second quarter 2026), +10.0 pts from Q1 2026.

How has GCM Grosvenor's operating margin changed?

Over the last 6 quarters it ranged from 16.1% (Q2 2025) to 32.7% (Q3 2025).

Q2 2026 results → · How GCM Grosvenor makes money →