earnings
confidence high
sentiment negative
materiality 0.75
Great Elm reports fiscal 2026 net loss of $35.4M; Q4 revenue up 88%
Great Elm Group, Inc.
2026-FY EPS reported
-$1.17
revenue$27,776,000
- Fiscal 2026 net loss of $35.4M vs net income of $12.9M prior year; revenue up 70% to $27.8M.
- Q4 revenue $10.6M (+88% YoY); Q4 net income $1.1M vs $13.6M prior year.
- FPAUM $590M (+7%), AUM $771M (+2%); raised ~$393M gross capital in fiscal 2026.
- GECC-related unrealized losses of $19.1M (stock + SPVs) drove the annual loss; CoreWeave investment returned $8.6M cumulative distributions.
- Repurchased 8.1M shares at avg $2.00 ($16.1M); ~$23.9M capacity remains; cash $53.5M.