Filing Flows › Silvercrest Asset Management Group (SAMG) › Q2 2026
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).
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 2026 | Amount | Q/Q | Y/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.
Source: Silvercrest Asset Management Group 10-Q on SEC EDGAR.