What is GCM Grosvenor Inc.'s management fees — deferred revenue?

GCM Grosvenor Inc. (GCMG) reported management fees — deferred revenue of $4.2M in Q4 2025.

What does management fees — deferred revenue mean?

This metric represents the portion of management fees billed or collected in advance that have not yet been earned through the provision of investment management services. It reflects the firm's obligation to provide future services related to its alternative asset management portfolios. Tracking this balance provides insight into the stability of future revenue streams and the timing of fee recognition across private equity, infrastructure, and credit strategies.

GCM Grosvenor Inc. GCMG Management Fees — Deferred Revenue

Similar metrics at other companies

RITMManagement fees — Unearned income and fees

$4.03M+373%

WTManagement Fees — Revenue

$1.23M—

LAZManagement Fees — Revenue

$315.48M+23.9%

RITMManagement fees — Total Income and Fees Receivable

$45.8M+36.4%

OWLManagement fees — Revenue

$406.46M+14.7%

KKRManagement Fees — Fee Related Revenue

$1.38B+27.1%

Other financials

Income statement

See full

Revenue$124.8M-0.8%

Operating income$20.5M+33.6%

Net income$5.5M+1,081%

EPS (diluted)$0.06+400%

Balance sheet

See full

Cash & equivalents$164.4M+74.0%

Total debt$418.8M-14.2%

Total equity$25.5M+190%

Total assets$688.8M+18.8%

Cash flow

See full

Operating cash flow$51.7M+55.5%

CapEx$3.8M+229%

Free cash flow$47.9M+49.2%

Valuation

See full

Market cap$739.69M+29.3%

Enterprise value$994.15M+2.9%

P/E14.7×-18.9×

P/S1.3×+0.3×

Profitability

See full

Operating margin24.9%+5.2pp

Net margin9.1%+5.8pp

FCF margin34.3%+7.1pp

Returns & leverage

See full

Return on equity-3,556.3%—

Debt / equity16.4×—

Where this comes from

Reported directly by GCM Grosvenor Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: GCM Grosvenor Inc.’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

Ask your AI about GCM Grosvenor Inc.'s management fees — deferred revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is GCM Grosvenor Inc.'s management fees — deferred revenue?: GCM Grosvenor Inc. (GCMG) reported management fees — deferred revenue of $4.2M in Q4 2025.
What does management fees — deferred revenue mean?: This metric represents the portion of management fees billed or collected in advance that have not yet been earned through the provision of investment management services. It reflects the firm's obligation to provide future services related to its alternative asset management portfolios. Tracking this balance provides insight into the stability of future revenue streams and the timing of fee recognition across private equity, infrastructure, and credit strategies.