Gpgi, Inc. is a US-listed company in the diversified financial services industry. Its financial year ends in December.
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Gpgi has little or no product revenue yet; it used $70m of cash in the twelve months to June 2026.
Our model value for Gpgi is under review, so past values are not shown until it is resolved.
Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Gpgi, Inc.'s trailing-twelve-month revenue fell 100.0% year on year, with a free-cash-flow margin of -38.9%.
Current signal Balance sheet growing far ahead of sales: Total assets grew 1170% year over year while revenue fell 100% — the balance sheet is expanding 1270 points faster than the business it supports.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Nothing in Gpgi, Inc.'s latest figures clears our strength thresholds.
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Third-party market data · may be delayed
Company announcements, filed results and changes that matter to shareholders.
The company also guided to pro forma adjusted ebitda of $550.00m to $610.00m for the Full Year 2026; pro forma adjusted free cash flow of $275.00m to $325.00m for the Full Year 2026.
No model value for Gpgi, Inc. at the moment. Current status: data-quality checks not passed. Available reported financials are shown below.
The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.
We value Gpgi, Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 9.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.97 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | ~$0.6 ~$8.6–$44 | Left out: out of range vs price (0.05x) |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. | — | Combined value withheld. Review the individual models and their assumptions. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Gpgi, Inc. with asset managers, brokers and exchanges in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moderate moat
How hard Gpgi's competitive advantage looks for rivals to wear away, judged from 5 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
Net income has been a median -9.1% of total assets over 5 years.
Gross margin has been a median 53.5%, moving by 3.2 percentage points (standard deviation) across 5 years.
Operating margin has been a median 30.4%; its worst year was -22.9%.
Free cash flow was positive in 4 of 5 years, at a median 23.9% of revenue.
AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (56 before it).
Next results: November 5, 2026, before the open. Analysts expect revenue of $471m and EPS of $0.25 (range $0.25 to $0.25) for the quarter.
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $0.99 | +0% | $2.0bn | +337% |
| Next | $1.26 | +27% | $2.3bn | +15% |
Next year's EPS estimate has moved +0.2% in 90 days, across 1 analysts.
The consensus EPS forecast for the current fiscal year is +4.3% on 90 days ago. In the last 30 days, 1 analyst raised Gpgi, Inc.'s forecast and 0 cut it.
Average of analysts' published estimates (third-party data).
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $0.95 | $1.26 |
| 60 days ago | $0.95 | $1.28 |
| 30 days ago | $0.95 | $1.28 |
| 7 days ago | $0.99 | $1.24 |
| Now | $0.99 | $1.26 |
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | $0.14 | $0.17 | +18.4% |
| Mar 2026 | $0.09 | $0.12 | +33.3% |
| Dec 2025 | $0.23 | $0.23 | −1.5% |
| Sept 2025 | $0.26 | $0.29 | +10.7% |
Adjusted EPS as companies report it, against the average analyst estimate.
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| GPGI | −19% | −40% | +10% | +197% | +51% | −39% |
| Industry peers (median) | +8% | −82% | −44% | −47% | −18% | −33% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| GPGI | 58% | 42% | 58% | 58% | 75% | 36% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| GPGI | −27% | −49% | −37% | −18% | −32% | −59% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 19, 2020: 59% from January 25, 2021 to December 9, 2022. Getting back needed a 145% gain, reached on August 9, 2024, 609 days after the low.
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 6, 2026 | −1.5% | +0.5% | −15.1% | −10.4% |
| May 7, 2026 | −20.5% | +0.5% | −28.9% | −31.9% |
| March 12, 2026 | −16.4% | −2.1% | −12.4% | −17.0% |
| November 3, 2025 | +6.4% | −1.0% | +5.8% | −0.5% |
| August 7, 2025 | +22.0% | +0.7% | +35.4% | +35.0% |
| May 12, 2025 | +6.0% | +4.0% | +6.9% | +18.7% |
| March 5, 2025 | −4.3% | −0.7% | −9.2% | −12.1% |
| February 10, 2025 | −5.8% | +0.8% | +8.5% | −16.1% |
| November 8, 2024 | −9.6% | +0.5% | −11.6% | +4.2% |
| August 7, 2024 | +23.6% | +1.6% | +41.0% | +50.2% |
| May 6, 2024 | +5.9% | +1.1% | −7.9% | −8.1% |
| March 6, 2024 | +26.0% | +1.5% | +27.7% | +46.2% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY23 Q3 | $384.5M |
| FY23 Q4 | $390.6M |
| FY24 Q1 | $399.3M |
| FY24 Q2 | $409.4M |
| FY24 Q3 | $419.6M |
| FY24 Q4 | $420.6M |
| FY25 Q1 | $376.4M |
| FY25 Q2 | $267.8M |
| FY25 Q3 | $160.7M |
| FY25 Q4 | $59.8M |
| FY26 Q1 | $0 |
| FY26 Q2 | $0 |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue growth, TTM YoY |
|---|---|
| FY23 Q3 | 6.8% |
| FY23 Q4 | 3.2% |
| FY24 Q1 | 2.5% |
| FY24 Q2 | 4.7% |
| FY24 Q3 | 9.1% |
| FY24 Q4 | 7.7% |
| FY25 Q1 | -5.8% |
| FY25 Q2 | -34.6% |
| FY25 Q3 | -61.7% |
| FY25 Q4 | -85.8% |
| FY26 Q1 | -100.0% |
| FY26 Q2 | -100.0% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Operating margin (TTM) |
|---|---|
| FY23 Q1 | 29.3% |
| FY23 Q2 | 28.2% |
| FY23 Q3 | 29.5% |
| FY23 Q4 | 30.5% |
| FY24 Q1 | 30.3% |
| FY24 Q2 | 29.9% |
| FY24 Q3 | 29.2% |
| FY24 Q4 | 25.6% |
| FY25 Q1 | 21.9% |
| FY25 Q2 | 18.0% |
| FY25 Q3 | 5.6% |
| FY25 Q4 | -22.9% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | FCF margin (TTM) |
|---|---|
| FY23 Q1 | 24.2% |
| FY23 Q2 | 21.3% |
| FY23 Q3 | 20.9% |
| FY23 Q4 | 23.9% |
| FY24 Q1 | 26.1% |
| FY24 Q2 | 26.5% |
| FY24 Q3 | 26.7% |
| FY24 Q4 | 28.8% |
| FY25 Q1 | 24.3% |
| FY25 Q2 | 22.9% |
| FY25 Q3 | 13.6% |
| FY25 Q4 | -38.9% |
| Fiscal year | 2019 Dec 2019 | 2020 Dec 2020 | 2021 Dec 2021 | 2022 Dec 2022 | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 | LTM Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 243 | 261 | 268 | 378 | 391 | 421 | 60 | 0 |
| Gross profit | 128 | 133 | 145 | 220 | 209 | 219 | 29 | −0 |
| EBITDA | 96 | 94 | 92 | 123 | 127 | 117 | −12 | −82 |
| Operating income | 87 | 84 | 81 | 115 | 119 | 108 | −14 | −82 |
| Net income | 81 | 78 | 3 | 19 | 19 | −54 | −136 | −316 |
| Diluted EPS | — | — | $0.36 | $1.13 | $0.96 | −$1.22 | −$1.23 | −$1.60 |
| Growth (year on year) | ||||||||
| Revenue | — | +7.1% | +2.8% | +41.2% | +3.2% | +7.7% | −85.8% | −100.0% |
| EBITDA | — | −1.7% | −2.2% | +34.4% | +3.2% | −8.4% | −110.4% | −251.3% |
| Operating income | — | −3.4% | −3.0% | +41.1% | +3.6% | −9.6% | −112.8% | −270.7% |
| Net income | — | −4.5% | −95.9% | — | +3.1% | −379.2% | — | — |
| Diluted EPS | — | — | — | — | −15.0% | −227.1% | — | — |
| Margins | ||||||||
| Gross margin | 52.6% | 50.9% | 54.1% | 58.0% | 53.5% | 52.1% | 48.1% | — |
| EBITDA margin | 39.3% | 36.0% | 34.3% | 32.6% | 32.6% | 27.8% | −20.2% | — |
| Operating margin | 35.7% | 32.2% | 30.4% | 30.4% | 30.5% | 25.6% | −23.0% | — |
| Net margin | 33.5% | 29.9% | 1.2% | 4.9% | 4.9% | −12.8% | −227.3% | — |
| Free-cash-flow margin | 29.4% | 30.5% | 27.3% | 22.1% | 23.9% | 29.0% | −38.2% | — |
| Cash flow | ||||||||
| Cash from operations | 81 | 87 | 78 | 93 | 104 | 130 | −23 | −70 |
| Capital spending | 10 | 8 | 5 | 9 | 11 | 7 | 0 | 0 |
| Free cash flow | 72 | 80 | 73 | 84 | 93 | 122 | −23 | −70 |
| Stock-based pay | 2 | 2 | 6 | 11 | 18 | 21 | 4 | 6 |
| Free cash flow after stock pay | 70 | 78 | 67 | 72 | 76 | 101 | −27 | −76 |
| Balance sheet | ||||||||
| Cash | 27 | 13 | 22 | 14 | 41 | 77 | 115 | 8 |
| Total debt | 0 | 240 | 380 | 363 | 340 | 198 | 0 | 0 |
| Net debt (negative = net cash) | −27 | 227 | 358 | 349 | 299 | 120 | −115 | −8 |
| Diluted shares | — | — | 32m | 33m | 35m | 44m | 111m | 197m |
| Returned to shareholders | ||||||||
| Dividends | — | — | — | 0 | 0 | 9 | 0 | 2 |
| Buybacks | — | — | — | — | 0 | 0 | 12 | — |
| Total returned | — | — | — | 0 | 0 | 9 | 12 | 2 |
| Quarter | 2024 Q3 Sept 2024 | 2024 Q4 Dec 2024 | 2025 Q1 Mar 2025 | 2025 Q2 Jun 2025 | 2025 Q3 Sept 2025 | 2025 Q4 Dec 2025 | 2026 Q1 Mar 2026 | 2026 Q2 Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 107 | 101 | 60 | 0 | 0 | 0 | 0 | 0 |
| Gross profit | 55 | 53 | 29 | 0 | 0 | −0 | 0 | 0 |
| EBITDA | 31 | 18 | 8 | −3 | −10 | −7 | −56 | −9 |
| Operating income | 29 | 16 | 6 | −3 | −10 | −7 | −56 | −9 |
| Net income | −42 | −37 | 22 | −26 | −175 | 43 | −235 | 50 |
| Diluted EPS | −$1.10 | −$0.64 | $0.07 | −$0.26 | −$1.58 | $0.47 | −$0.87 | $0.17 |
| Growth (year on year) | ||||||||
| Revenue | +10.6% | +1.0% | −42.5% | −100.0% | −100.0% | −100.0% | −100.0% | — |
| EBITDA | +1.8% | −45.4% | −77.2% | −107.6% | −131.6% | −140.2% | −831.6% | — |
| Operating income | +1.0% | −48.9% | −80.7% | −108.2% | −134.2% | −146.0% | <−999% | — |
| Net income | −662.7% | <−999% | +434.2% | −335.2% | — | — | <−999% | — |
| Diluted EPS | −423.5% | −404.8% | −58.8% | −181.3% | — | — | <−999% | — |
| Margins | ||||||||
| Gross margin | 51.7% | 52.1% | 48.0% | — | — | — | — | — |
| EBITDA margin | 29.3% | 17.7% | 12.7% | — | — | — | — | — |
| Operating margin | 27.2% | 15.5% | 10.0% | — | — | — | — | — |
| Net margin | −39.3% | −37.0% | 36.0% | — | — | — | — | — |
| Free-cash-flow margin | 25.9% | 31.2% | 5.0% | — | — | — | — | — |
| Cash flow | ||||||||
| Cash from operations | 29 | 34 | 3 | 0 | −12 | −14 | −53 | 9 |
| Capital spending | 2 | 3 | 0 | 0 | 0 | 0 | — | 0 |
| Free cash flow | 28 | 31 | 3 | 0 | −12 | −14 | — | 9 |
| Stock-based pay | 6 | 6 | 4 | 0 | 0 | 0 | 2 | 3 |
| Free cash flow after stock pay | 22 | 26 | −1 | −0 | −12 | −14 | — | 5 |
| Region | Revenue | Share | YoY |
|---|---|---|---|
| United States | $54.5M | 91.1% | ▼ 84.1% |
| Outside the US | $5.3M | 8.9% | ▼ 93.1% |
From Gpgi, Inc.'s 10-K filed March 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Platinum Equity Advisors, LLC | $837M | 52.8M | 19.3% | 0.0% |
| FMR LLC | $678M | 42.7M | 15.7% | ▲ 8.1% |
| Alyeska Investment Group, L.P. | $371M | 23.4M | 8.6% | ▲ 9.4% |
| Locust Wood Capital Advisers, LLC | $236M | 14.9M | 5.5% | ▲ 8.2% |
| Blackrock, Inc. | $227M | 14.3M | 5.2% | ▲ 4.5% |
| Capital Research Global Investors | $183M | 11.6M | 4.2% | ▲ 2.6% |
| Cooperman Leon G | $180M | 11.4M | 4.2% | New |
| Barrow Hanley Mewhinney & Strauss LLC | $165M | 10.4M | 3.8% | ▲ 86.4% |
| Corsair Capital Management, L.P. | $135M | 8.5M | 3.1% | ▲ 0.6% |
| Vanguard Portfolio Management LLC | $133M | 8.4M | 3.1% | ▲ 1.2% |
| Vanguard Capital Management LLC | $123M | 7.8M | 2.8% | ▲ 0.7% |
| Alberta Investment Management Corp | $88.8M | 5.6M | 2.1% | ▲ 3.7% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Gpgi, Inc.'s complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Knott Thomas R. See remarks | June 11, 2026 | Buy | 85,250 | $11.67 | $994,868 |
| Moriarty Kevin M Director | May 26, 2026 | Buy | 3,956 | $12.64 | $50,000 |
| Mikkilineni Krishna Director | May 14, 2026 | Buy | 8,106 | $12.34 | $100,031 |
| Schoen Kurt See remarks | May 13, 2026 | Buy | 4,000 | $12.58 | $50,320 |
| Loree Rebecca Corbin Director | May 12, 2026 | Buy | 3,925 | $12.87 | $50,515 |
| Knott Thomas R. See remarks | March 17, 2026 | Buy | 44,000 | $17.08 | $751,520 |
| Cote John D. Director | March 17, 2026 | Buy | 5,800 | $17.10 | $99,180 |
| Schoen Kurt See remarks | March 17, 2026 | Buy | 3,000 | $17.00 | $51,000 |
| Thompson Jane J. Director | March 17, 2026 | Sell | 13,667 | $16.91 | $231,109 |
| Thompson Jane J. Director | March 17, 2026 | Sell | 13,667 | $16.91 | $231,109 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Next expected around November 2, 2026 estimated from the company's past filing pattern, not announced
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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