---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-037631"
form_type: "8-K"
ticker: "GEG"
cik: "0001831096"
company_name: "Great Elm Group, Inc."
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T05:01:29.574796+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Great Elm Q2 net loss $16.5M; revenue down, unrealized losses $14.4M

## Summary
- Net loss of $16.5M vs net income of $1.4M a year ago; revenue fell to $3.0M from $3.5M.
- Unrealized loss of $14.4M on GECC stock, SPVs, and CoreWeave; realized gain of $2.3M.
- Fee-paying AUM grew 4% YoY to $561M; total AUM $740M.
- Repurchased ~1.1M shares (over 3% outstanding) at avg $2.47; $12.3M remaining under $25M buyback.
- CoreWeave investment has distributed $5.8M, exceeding $5M original cost; private credit fund orderly wind-down.

## SEC filing metadata
- accession: 0001193125-26-037631
- form_type: 8-K
- ticker: GEG
- cik: 0001831096
- company_name: Great Elm Group, Inc.
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831096/000119312526037631/0001193125-26-037631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831096/000119312526037631/geg-20260204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-037631
- JSON: https://secwatch.observer/filing/0001193125-26-037631.json
- Plain text: https://secwatch.observer/filing/0001193125-26-037631.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.