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Earnings (Loss) Per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
The following is a reconciliation of basic and diluted earnings (loss) per share for the years ended December 31, 2024, 2023 and 2022:

Year Ended December 31,
202420232022
Numerator for earnings (loss) per share calculation:
Net income attributable to GCM Grosvenor Inc., basic$18,695 $12,774 $19,820 
Exercise of private warrants— — — 
Exercise of public warrants— — — 
Exchange of Partnership units(12,156)(65,812)33,209 
Net income (loss) attributable to common stockholders, diluted6,539 (53,038)53,029 
Denominator for earnings (loss) per share calculation:
Weighted-average shares, basic44,741,336 43,198,51743,872,300
Exercise of private warrants - incremental shares under the treasury stock method— —— 
Exercise of public warrants - incremental shares under the treasury stock method— —— 
Exchange of Partnership units144,235,246 144,235,246144,235,246 
Assumed vesting of RSUs - incremental shares under the treasury stock method1,613,459 —460,446
Weighted-average shares, diluted 190,590,041 187,433,763188,567,992
Basic EPS
Net income attributable to common stockholders, basic$18,695 $12,774 $19,820 
Weighted-average shares, basic 44,741,336 43,198,517 43,872,300 
Net income per share attributable to common stockholders, basic$0.42 $0.30 $0.45 
Diluted EPS
Net income (loss) attributable to common stockholders, diluted$6,539 $(53,038)$53,029 
Weighted-average shares, diluted190,590,041 187,433,763 188,567,992 
Net income (loss) per share attributable to common stockholders, diluted$0.03 $(0.28)$0.28 
When applying the if-converted method to calculate the potential dilutive impact of the exchangeable common units of the Partnership, the earnings (loss) per share numerator adjustment reflects the net income (loss) attributable to noncontrolling interests in GCMH, as reported, adjusted for the hypothetical incremental provision (benefit) for income taxes that would have been recorded by the Company if the units had been converted.
Shares of the Company’s Class C common stock do not participate in the earnings or losses of the Company and are therefore not participating securities. As such, a separate presentation of basic and diluted earnings (loss) per share of Class C common stock under the two-class method has not been presented.
The following outstanding potentially dilutive securities were excluded from the calculations of diluted earnings (loss) per share attributable to common stockholders because their impact would have been antidilutive for the periods presented:
Year Ended December 31,
202420232022
Public warrants16,784,970 16,784,970 16,784,970 
Private warrants900,000 900,000 900,000 
Unvested RSUs under the treasury stock method— 808,716 —