For the year ending 2025-12-31, GCMG had $152,662K increase in cash & cash equivalents over the period. $175,042K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Segment operating revenue | 557,565 |
| Cash-based employee compensation and benefits | 151,213 |
| Equity-based compensation | 45,599 |
| Partnership interest-based compensation | 46,181 |
| Carried interest compensation | 31,374 |
| Cash-based incentive fee related compensation | 44,517 |
| Other non-cash compensation | 448 |
| General, administrative and other | 104,779 |
| Investment income | 16,258 |
| Interest expense | 22,789 |
| Other income | 6,283 |
| Change in fair value of warrants | -21,737 |
| Provision for income taxes | 12,903 |
| Net income (loss) | 142,040 |
| Depreciation and amortization expense | 4,422 |
| Equity-based compensation, equity-classified awards | 40,401 |
| Deferred income tax expense | 4,078 |
| Other non-cash compensation | 448 |
| Partnership interest-based compensation | 46,181 |
| Amortization of debt issuance costs | 776 |
| Amortization of terminated swap | -7,583 |
| Loss on extinguishment of debt | 0 |
| Change in fair value of warrant liabilities | -21,737 |
| Change in payable to related parties pursuant to tax receivable agreement | -1,787 |
| Proceeds received from investments | 16,763 |
| Non-cash investment income | 16,258 |
| Non-cash lease expense | 3,803 |
| Other | -97 |
| Management fees receivable | -4,559 |
| Incentive fees receivable | 15,514 |
| Due from related parties | 1,919 |
| Other assets | 7,520 |
| Accrued compensation and employee related obligations | -6,351 |
| Lease liabilities | -4,789 |
| Accrued expenses and other liabilities | 3,429 |
| Net cash provided by operating activities | 183,539 |
| Purchases of premises and equipment | 8,497 |
| Contributions/subscriptions to investments | 34,676 |
| Distributions from investments | 16,665 |
| Net cash used in investing activities | -26,508 |
| Capital contributions received from noncontrolling interest | 3,153 |
| Capital distributions paid to partners and member | 82,249 |
| Capital distributions paid to the noncontrolling interest | 14,891 |
| Proceeds from senior loan issuance | 0 |
| Principal payments on senior loan | 4,380 |
| Debt issuance costs | 0 |
| Payments to repurchase class a common stock | 30,657 |
| Proceeds from exercise of warrants | 119,719 |
| Settlement of equity-based compensation in satisfaction of withholding tax requirements | 16,248 |
| Proceeds from share purchase agreement, net | 49,832 |
| Dividends paid | 25,343 |
| Payments to related parties, pursuant to tax receivable agreement | 3,797 |
| Net cash used in financing activities | -4,861 |
| Effect of exchange rate changes on cash | 492 |
| Net increase (decrease) in cash and cash equivalents | 152,662 |
| Beginning of year | 89,454 |
| End of year | 242,116 |
GCM Grosvenor Inc. (GCMG)
GCM Grosvenor Inc. (GCMG)