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Side-by-side financial comparison of Advantage Solutions Inc. (ADV) and BGC Group, Inc. (BGC). Click either name above to swap in a different company.

Advantage Solutions Inc. is the larger business by last-quarter revenue ($932.1M vs $638.6M, roughly 1.5× BGC Group, Inc.). BGC Group, Inc. runs the higher net margin — 2.3% vs -17.4%, a 19.6% gap on every dollar of revenue. On growth, BGC Group, Inc. posted the faster year-over-year revenue change (34.4% vs 4.5%). BGC Group, Inc. produced more free cash flow last quarter ($175.1M vs $23.4M). Over the past eight quarters, BGC Group, Inc.'s revenue compounded faster (18.7% CAGR vs 4.0%).

LexisNexis Risk Solutions is a global data and analytics company that provides data and technology services, analytics, predictive insights, and fraud prevention for a wide range of industries. It is headquartered in Alpharetta, Georgia, and has offices throughout the U.S. and in Australia, Brazil, China, France, Hong Kong, India, Ireland, Israel, the Philippines, and the United Kingdom.

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.

ADV vs BGC — Head-to-Head

Bigger by revenue
ADV
ADV
1.5× larger
ADV
$932.1M
$638.6M
BGC
Growing faster (revenue YoY)
BGC
BGC
+29.9% gap
BGC
34.4%
4.5%
ADV
Higher net margin
BGC
BGC
19.6% more per $
BGC
2.3%
-17.4%
ADV
More free cash flow
BGC
BGC
$151.7M more FCF
BGC
$175.1M
$23.4M
ADV
Faster 2-yr revenue CAGR
BGC
BGC
Annualised
BGC
18.7%
4.0%
ADV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ADV
ADV
BGC
BGC
Revenue
$932.1M
$638.6M
Net Profit
$-161.7M
$14.4M
Gross Margin
Operating Margin
-17.4%
3.9%
Net Margin
-17.4%
2.3%
Revenue YoY
4.5%
34.4%
Net Profit YoY
9.2%
-43.0%
EPS (diluted)
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADV
ADV
BGC
BGC
Q4 25
$932.1M
$638.6M
Q3 25
$915.0M
$620.8M
Q2 25
$873.7M
$648.0M
Q1 25
$821.8M
$534.6M
Q4 24
$892.3M
$475.2M
Q3 24
$939.3M
$448.9M
Q2 24
$873.4M
$435.0M
Q1 24
$861.4M
$453.6M
Net Profit
ADV
ADV
BGC
BGC
Q4 25
$-161.7M
$14.4M
Q3 25
$20.6M
$27.9M
Q2 25
$-30.4M
$57.5M
Q1 25
$-56.1M
$55.2M
Q4 24
$-178.0M
$25.2M
Q3 24
$-42.8M
$14.7M
Q2 24
$-100.8M
$37.8M
Q1 24
$-5.3M
$49.2M
Operating Margin
ADV
ADV
BGC
BGC
Q4 25
-17.4%
3.9%
Q3 25
4.4%
5.4%
Q2 25
1.1%
11.6%
Q1 25
-1.8%
15.0%
Q4 24
-19.1%
5.7%
Q3 24
-0.3%
4.4%
Q2 24
-10.4%
12.7%
Q1 24
-3.5%
15.7%
Net Margin
ADV
ADV
BGC
BGC
Q4 25
-17.4%
2.3%
Q3 25
2.2%
4.5%
Q2 25
-3.5%
8.9%
Q1 25
-6.8%
10.3%
Q4 24
-20.0%
5.3%
Q3 24
-4.6%
3.3%
Q2 24
-11.5%
8.7%
Q1 24
-0.6%
10.8%
EPS (diluted)
ADV
ADV
BGC
BGC
Q4 25
$0.03
Q3 25
$0.06
Q2 25
$0.11
Q1 25
$0.11
Q4 24
$0.04
Q3 24
$-0.13
$0.03
Q2 24
$-0.31
$0.08
Q1 24
$-0.02
$0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADV
ADV
BGC
BGC
Cash + ST InvestmentsLiquidity on hand
$240.8M
$851.5M
Total DebtLower is stronger
$1.7B
$1.5B
Stockholders' EquityBook value
$554.0M
$972.5M
Total Assets
$2.8B
$4.4B
Debt / EquityLower = less leverage
3.05×
1.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADV
ADV
BGC
BGC
Q4 25
$240.8M
$851.5M
Q3 25
$201.1M
$774.9M
Q2 25
$102.9M
$827.8M
Q1 25
$121.1M
$966.4M
Q4 24
$205.2M
$711.6M
Q3 24
$196.1M
$563.5M
Q2 24
$154.0M
$571.7M
Q1 24
$112.3M
$566.8M
Total Debt
ADV
ADV
BGC
BGC
Q4 25
$1.7B
$1.5B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.1B
Q4 24
$1.7B
$1.1B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$945.0M
Stockholders' Equity
ADV
ADV
BGC
BGC
Q4 25
$554.0M
$972.5M
Q3 25
$708.5M
$965.3M
Q2 25
$683.6M
$930.5M
Q1 25
$695.6M
$963.8M
Q4 24
$748.7M
$898.5M
Q3 24
$932.5M
$860.1M
Q2 24
$973.7M
$858.1M
Q1 24
$1.1B
$912.1M
Total Assets
ADV
ADV
BGC
BGC
Q4 25
$2.8B
$4.4B
Q3 25
$3.0B
$5.8B
Q2 25
$3.0B
$4.9B
Q1 25
$3.0B
$4.9B
Q4 24
$3.1B
$3.6B
Q3 24
$3.4B
$4.4B
Q2 24
$3.5B
$4.3B
Q1 24
$3.6B
$4.4B
Debt / Equity
ADV
ADV
BGC
BGC
Q4 25
3.05×
1.58×
Q3 25
1.90×
Q2 25
1.97×
Q1 25
1.19×
Q4 24
2.30×
1.27×
Q3 24
1.68×
Q2 24
1.68×
Q1 24
1.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADV
ADV
BGC
BGC
Operating Cash FlowLast quarter
$45.6M
$180.4M
Free Cash FlowOCF − Capex
$23.4M
$175.1M
FCF MarginFCF / Revenue
2.5%
27.4%
Capex IntensityCapex / Revenue
2.4%
0.8%
Cash ConversionOCF / Net Profit
12.55×
TTM Free Cash FlowTrailing 4 quarters
$10.7M
$372.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADV
ADV
BGC
BGC
Q4 25
$45.6M
$180.4M
Q3 25
$63.6M
$141.9M
Q2 25
$-8.1M
$71.2M
Q1 25
$-39.6M
$839.0K
Q4 24
$15.1M
$251.9M
Q3 24
$34.0M
$88.3M
Q2 24
$53.4M
$-53.0M
Q1 24
$-9.4M
$28.1M
Free Cash Flow
ADV
ADV
BGC
BGC
Q4 25
$23.4M
$175.1M
Q3 25
$52.2M
$137.2M
Q2 25
$-10.2M
$65.0M
Q1 25
$-54.7M
$-4.4M
Q4 24
$-27.4M
$245.6M
Q3 24
$8.6M
$78.8M
Q2 24
$43.8M
$-63.5M
Q1 24
$-24.8M
$24.9M
FCF Margin
ADV
ADV
BGC
BGC
Q4 25
2.5%
27.4%
Q3 25
5.7%
22.1%
Q2 25
-1.2%
10.0%
Q1 25
-6.7%
-0.8%
Q4 24
-3.1%
51.7%
Q3 24
0.9%
17.5%
Q2 24
5.0%
-14.6%
Q1 24
-2.9%
5.5%
Capex Intensity
ADV
ADV
BGC
BGC
Q4 25
2.4%
0.8%
Q3 25
1.3%
0.8%
Q2 25
0.2%
1.0%
Q1 25
1.8%
1.0%
Q4 24
4.8%
1.3%
Q3 24
2.7%
2.1%
Q2 24
1.1%
2.4%
Q1 24
1.8%
0.7%
Cash Conversion
ADV
ADV
BGC
BGC
Q4 25
12.55×
Q3 25
3.09×
5.09×
Q2 25
1.24×
Q1 25
0.02×
Q4 24
9.99×
Q3 24
5.99×
Q2 24
-1.40×
Q1 24
0.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADV
ADV

Experiential Services$395.9M42%
Branded Services$289.8M31%
Retailer Services$246.5M26%

BGC
BGC

Commissions$590.2M92%
Data Software And Post Trade$36.7M6%
Fees From Related Parties$4.6M1%

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