Earnings call transcript: Great Elm Group posts strong Q4 2026 revenue growth

Great Elm Group reported a significant 88% increase in fiscal fourth-quarter revenue for 2026, reaching $10.6 million, up from $5.6 million the previous year. However, the net income fell sharply to $1.1 million from $13.6 million, mainly due to investment losses related to its GECC holdings. The company raised nearly $400 million in gross capital during the fiscal year.

Despite the earnings decline, the stock rose 1.07% in premarket trading, suggesting investors focused more on the company's operating growth and liquidity. The real estate platform and alternative credit business both showed signs of improvement, with Monomoy REIT completing six acquisitions in the quarter and the alternative credit business generating $1.1 million in investment and property management fees.

Cash and cash equivalents stood at $53.5 million at fiscal year-end, and the company raised nearly $400 million in gross capital during fiscal 2026.