---
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"
generated_at: "2026-05-15T11:42:14.153852+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Silvercrest posts Q4 GAAP net loss of $0.1M; adjusted EBITDA margin falls to 8.9%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-108350
- JSON: https://secwatch.observer/filing/0001193125-26-108350.json
- Plain text: https://secwatch.observer/filing/0001193125-26-108350.txt

## Key facts
- Earnings Releases
  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.
  - Period: the year ended December 31, 2025
  - Revenue: $125,319
  - Net income: $8,059
  - EPS: $0.56 per basic and diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1549966/000119312526108350/0001193125-26-108350-index.htm
- Earnings Releases
  Silvercrest Asset Management Group Inc. reported Fourth Quarter 2025 results: revenue $32.0 million, net income $0.1 million, EPS $0.01.
  - Period: Fourth Quarter 2025
  - Revenue: $32.0 million
  - Net income: $0.1 million
  - EPS: $0.01
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1549966/000119312526108350/0001193125-26-108350-index.htm

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