Filing Flows › Silvercrest Asset Management Group (SAMG) › Q2 2025
Silvercrest Asset Management Group (SAMG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Silvercrest Asset Management Group (SAMG) reported revenue of $30.7M for the second quarter 2025 (Q2 2025), -1% from a year earlier and -2% from the quarter before. Operating margin was 13.2%, net earnings $1.9M (6.3% of revenue).
Silvercrest Asset Management Group, Q2 2025: revenue $30.7M (-1% year over year), operating margin 13.2%, net earnings $1.9M, operating cash flow $13.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.7M | -2% | -1% |
| Operating profit | $4.0M | -16% | -24% |
| Net earnings | $1.9M | -22% | -28% |
| Operating cash flow | $13.8M | — | -13% |
| Free cash flow | $13.4M | — | -14% |
What changed
Revenue was $30.7M in Q2 2025, down 1% year over year and down 2% from the previous quarter. Investment Advisory Management and Administrative Service was the largest line at 96% of revenue. Investment Advisory Management and Administrative Service lost $385K year over year (down 1%), 120% of the total change.
Operating profit was $4.0M, a 13.2% margin (down 4.0 points year over year). Total costs grew 4% against a revenue fall of 1%. Net earnings were $1.9M, down 28% year over year. The effective tax rate was 25.2%.
Operating cash flow was $13.8M (down 13% year over year), 440% of net income including minority interests. Non-cash charges added back $1.1M of depreciation and amortization and $401K of share-based compensation. Working capital and other items added $9.2M. Capital expenditures of $470K left free cash flow of $13.4M.
Questions
What was Silvercrest Asset Management Group's revenue in the second quarter 2025?
Silvercrest Asset Management Group (SAMG) reported revenue of $30.7M for the second quarter 2025 (Q2 2025), -1% from a year earlier and -2% from the quarter before.
Was Silvercrest Asset Management Group profitable in the second quarter 2025?
Operating profit was $4.0M (13.2% of revenue) and net earnings $1.9M.
Source: Silvercrest Asset Management Group 10-Q on SEC EDGAR.