BGC Group, Inc.BGCEarnings & Financial Report
BGC Group, Inc. is an American global financial services company based in New York City and London. Originally formed as part of the larger Cantor Fitzgerald organization, BGC Partners became its own entity in 2004.
Revenue
$648.0M
Gross Profit
N/A
Operating Profit
$75.3M
Net Profit
$57.5M
Gross Margin
N/A
Operating Margin
11.6%
Net Margin
8.9%
YoY Growth
49.0%
EPS
$0.11
BGC Group, Inc. Q2 FY2025 Financial Summary
BGC Group, Inc. reported revenue of $648.0M (up 49.0% YoY) for Q2 FY2025, with a net profit of $57.5M (up 52.1% YoY) (8.9% margin).
Key Financial Metrics
| Total Revenue | $648.0M |
|---|---|
| Net Profit | $57.5M |
| Gross Margin | N/A |
| Operating Margin | 11.6% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
BGC Group, Inc. Q2 FY2025 revenue of $648.0M breaks down across 8 segments, led by Brokerage Rates at $200.6M (31.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Brokerage Rates | $200.6M | 31.0% |
| OTC Global | $118.3M | 18.3% |
| Brokerage Foreign Exchange | $108.5M | 16.7% |
| Brokerage Credit | $75.3M | 11.6% |
| Brokerage Equities Derivatives And Cash Equities | $73.9M | 11.4% |
| Other | $64.1M | 9.9% |
| Fees From Related Parties | $5.2M | 0.8% |
| Contingent Consideration Liability | $1.0M | 0.2% |
BGC Group, Inc. Revenue by Segment — Quarterly Trend
BGC Group, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Brokerage Rates and OTC Global) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Brokerage Rates | — | — | — | $200.6M |
| OTC Global | — | — | — | $118.3M |
| Brokerage Foreign Exchange | — | — | $106.7M | $108.5M |
| Brokerage Credit | — | — | $69.1M | $75.3M |
| Brokerage Equities Derivatives And Cash Equities | — | — | $60.4M | $73.9M |
BGC Group, Inc. Annual Revenue by Year
BGC Group, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.4B |
| 2024 | $1.8B |
| 2023 | $1.6B |
| 2022 | $1.4B |
BGC Group, Inc. Quarterly Revenue & Net Profit History
BGC Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $955.5M | +43.8% | $80.6M | 8.4% |
| Q4 FY2025 | $638.6M | +34.4% | $14.4M | 2.3% |
| Q3 FY2025 | $620.8M | +38.3% | $27.9M | 4.5% |
| Q2 FY2025 | $648.0M | +49.0% | $57.5M | 8.9% |
| Q1 FY2025 | $534.6M | +17.8% | $55.2M | 10.3% |
| Q4 FY2024 | $475.2M | +11.5% | $25.2M | 5.3% |
| Q3 FY2024 | $448.9M | +16.4% | $14.7M | 3.3% |
| Q2 FY2024 | $435.0M | +13.1% | $37.8M | 8.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $435.0M | $448.9M | $475.2M | $534.6M | $648.0M | $620.8M | $638.6M | $955.5M |
| YoY Growth | 13.1% | 16.4% | 11.5% | 17.8% | 49.0% | 38.3% | 34.4% | 43.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.26B | $4.38B | $3.59B | $4.88B | $4.89B | $5.83B | $4.41B | $5.86B |
| Liabilities | $3.22B | $3.34B | $2.51B | $3.74B | $3.78B | $4.68B | $3.27B | $4.59B |
| Equity | $858.1M | $860.1M | $898.5M | $963.8M | $930.5M | $965.3M | $972.5M | $1.10B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-53.0M | $88.3M | $251.9M | $839000 | $71.2M | $141.9M | $180.4M |