{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-108350","form_type":"8-K","ticker":"SAMG","cik":"0001549966","company_name":"Silvercrest Asset Management Group Inc.","filed_at":"2026-03-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.399779+00:00","generated_at":"2026-05-15T11:42:14.153852+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Silvercrest posts Q4 GAAP net loss of $0.1M; adjusted EBITDA margin falls to 8.9%","bullets":["GAAP net loss $0.1M ($0.01/share loss) vs net income $2.7M in Q4 2024; revenue flat at $32.0M.","Adjusted net income Q4 $2.3M ($0.19 basic EPS); adjusted EBITDA $2.9M (8.9% margin) vs $5.1M (15.9%) a year ago.","Full-year 2025 revenue $125.3M (+1.3%); GAAP net income $8.1M (6.4% margin) vs $15.7M (12.7%) in 2024.","Discretionary AUM $24.0B at Dec 31, up 3% YoY but down 1.2% QoQ; total AUM $37.0B.","Compensation ratio rose to 67.0% of revenue (vs 62.0%) due to strategic hires; nearly completed $25M buyback, $50.4M total repurchased."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-108350","json":"https://secwatch.observer/filing/0001193125-26-108350.json","markdown":"https://secwatch.observer/filing/0001193125-26-108350.md","text":"https://secwatch.observer/filing/0001193125-26-108350.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1549966/000119312526108350/0001193125-26-108350-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1549966/000119312526108350/samg-20260316.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T11:42:14.153852+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4ea8448a132d3cfa52da0392743d721dc5bc08a0","claim":"Silvercrest Asset Management Group Inc. reported the year ended December 31, 2025 results: revenue $125,319, net income $8,059, EPS $0.56 per basic and diluted share.","evidence_excerpt":"For the Three Months Ended December 31, For the Twelve Months Ended December 31, (in thousands except as indicated) 2025 2024 2025 2024 Revenue $ 31,959 $ 31,962 $ 125,319 $ 123,651 (Loss) income before other income (expense), net $ (884 ) $ 1,957 $ 9,325 $ 17,627 Net (loss) income $ (107 ) $ 2,684 $ 8,059 $ 15,709 Net (loss) income margin (0.3 )% 8.4 % 6.4 % 12.7 % Net (loss) income attributable to Silvercrest $ (120 ) $ 1,618 $ 4,885 $ 9,535 Net (loss) income per basic share $ (0.01 ) $ 0.17 $ 0.56 $ 1.00 Net (loss) income per diluted share $ (0.01 ) $ 0.17 $ 0.56 $ 1.00","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1549966/000119312526108350/0001193125-26-108350-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2025"},{"label":"Revenue","value":"$125,319"},{"label":"Net income","value":"$8,059"},{"label":"EPS","value":"$0.56 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a4b231f678a6e7c0a1e7f5fcd102c19eb81d978b","claim":"Silvercrest Asset Management Group Inc. reported Fourth Quarter 2025 results: revenue $32.0 million, net income $0.1 million, EPS $0.01.","evidence_excerpt":"Fourth Quarter 2025 Highlights • Total AUM of $37.0 billion, inclusive of discretionary AUM of $24.0 billion and non-discretionary AUM of $13.0 billion, at December 31, 2025. • Revenue of $32.0 million. • U.S. Generally Accepted Accounting Principles (“GAAP”) consolidated net loss and net loss attributable to Silvercrest of $0.1 million. • Basic and diluted net loss per share of $0.01.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1549966/000119312526108350/0001193125-26-108350-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth Quarter 2025"},{"label":"Revenue","value":"$32.0 million"},{"label":"Net income","value":"$0.1 million"},{"label":"EPS","value":"$0.01"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}