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Silvercrest Asset Management Group (SAMG) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 30, 2026

Silvercrest Asset Management Group (SAMG) reported revenue of $30.8M for the second quarter 2026 (Q2 2026), +0.4% from a year earlier and -2% from the quarter before. Operating margin was 3.1%, net earnings $170K (0.6% of revenue).

Revenue$30.8M
Year over year+0.4%
Quarter over quarter-2%
Operating margin3.1%
Net earnings$170K

Silvercrest Asset Management Group, Q2 2026: revenue $30.8M (+0.4% year over year), operating margin 3.1%, net earnings $170K, operating cash flow $14.0M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$30.8M-2%+0.4%
Operating profit$958K-24%-76%
Net earnings$170K-28%-91%
Operating cash flow$14.0M—+1%
Free cash flow$13.4M—+0.5%

What changed

Revenue was $30.8M in Q2 2026, roughly flat 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 added $127K year over year (roughly flat), 115% of the total change. Family Office Services declined 1%.

Operating profit was $1.0M, a 3.1% margin (down 10.1 points year over year). Operating profit fell $3.1M even though revenue rose $110K versus Q2 2025, so costs grew faster than sales. Total costs grew 12% against flat revenue. The fastest-growing cost line was General & admin (+19%). Net earnings were $170K, down 91% year over year. The effective tax rate was 53.9%.

Operating cash flow was $14.0M (up 1% year over year), 2984% of net income including minority interests. Non-cash charges added back $1.1M of depreciation and amortization and $588K of share-based compensation. Working capital and other items added $11.8M. Capital expenditures of $555K left free cash flow of $13.4M.

Questions

What was Silvercrest Asset Management Group's revenue in the second quarter 2026?

Silvercrest Asset Management Group (SAMG) reported revenue of $30.8M for the second quarter 2026 (Q2 2026), +0.4% from a year earlier and -2% from the quarter before.

Was Silvercrest Asset Management Group profitable in the second quarter 2026?

Operating profit was $958K (3.1% of revenue) and net earnings $170K.

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Source: Silvercrest Asset Management Group 10-Q on SEC EDGAR.