Filing Flows › Silvercrest Asset Management Group (SAMG) › Q4 2025
Silvercrest Asset Management Group (SAMG) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 16, 2026
Silvercrest Asset Management Group (SAMG) reported revenue of $32.0M for the fourth quarter 2025 (Q4 2025), 0% from a year earlier and +2% from the quarter before. Operating margin was -2.8%, net loss $107K (0.3% of revenue).
Silvercrest Asset Management Group, Q4 2025: revenue $32.0M (0% year over year), operating margin -2.8%, net loss $107K, operating cash flow $14.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $32.0M | +2% | 0% |
| Operating profit | −$884K | -166% | — |
| Net earnings | −$107K | -117% | — |
| Operating cash flow | $14.9M | +2% | -9% |
| Free cash flow | $12.9M | -6% | -19% |
What changed
Revenue was $32.0M in Q4 2025, roughly flat year over year and up 2% from the previous quarter. Investment Advisory Management and Administrative Service was the largest line at 96% of revenue.
Operating costs exceeded revenue by $884K, an operating margin of -2.8%. Total costs grew 9% against flat revenue. The fastest-growing cost line was Other operating costs (+12%). The quarter ended with a net loss of $107K, after a profit of $1.1M the previous quarter. Non-operating items added $1.1M, 445% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $14.9M (down 9% year over year). Non-cash charges added back $618K of share-based compensation. Working capital and other items added $14.4M. Capital expenditures of $2.0M left free cash flow of $12.9M.
Questions
What was Silvercrest Asset Management Group's revenue in the fourth quarter 2025?
Silvercrest Asset Management Group (SAMG) reported revenue of $32.0M for the fourth quarter 2025 (Q4 2025), 0% from a year earlier and +2% from the quarter before.
Was Silvercrest Asset Management Group profitable in the fourth quarter 2025?
Operating loss was $884K (-2.8% of revenue) and net loss $107K.
Source: Silvercrest Asset Management Group 10-K on SEC EDGAR.