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

ATI INC is the larger business by last-quarter revenue ($1.2B vs $638.6M, roughly 1.8× BGC Group, Inc.). ATI INC runs the higher net margin — 10.3% vs 2.3%, a 8.0% gap on every dollar of revenue. On growth, BGC Group, Inc. posted the faster year-over-year revenue change (34.4% vs 0.6%). BGC Group, Inc. produced more free cash flow last quarter ($175.1M vs $74.6M). Over the past eight quarters, BGC Group, Inc.'s revenue compounded faster (18.7% CAGR vs 2.5%).

ATI Technologies Inc. was a Canadian semiconductor technology corporation based in Markham, Ontario, that specialized in the development of graphics processing units and chipsets. Founded in 1985, the company listed publicly in 1993 and was acquired by AMD in 2006. As a major fabless semiconductor company, ATI conducted research and development in-house and outsourced the manufacturing and assembly of its products. With the decline and eventual bankruptcy of 3dfx in 2000, ATI and its chief ri...

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.

ATI vs BGC — Head-to-Head

Bigger by revenue
ATI
ATI
1.8× larger
ATI
$1.2B
$638.6M
BGC
Growing faster (revenue YoY)
BGC
BGC
+33.8% gap
BGC
34.4%
0.6%
ATI
Higher net margin
ATI
ATI
8.0% more per $
ATI
10.3%
2.3%
BGC
More free cash flow
BGC
BGC
$100.5M more FCF
BGC
$175.1M
$74.6M
ATI
Faster 2-yr revenue CAGR
BGC
BGC
Annualised
BGC
18.7%
2.5%
ATI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ATI
ATI
BGC
BGC
Revenue
$1.2B
$638.6M
Net Profit
$118.2M
$14.4M
Gross Margin
22.8%
Operating Margin
14.2%
3.9%
Net Margin
10.3%
2.3%
Revenue YoY
0.6%
34.4%
Net Profit YoY
21.9%
-43.0%
EPS (diluted)
$0.85
$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
ATI
ATI
BGC
BGC
Q1 26
$1.2B
Q4 25
$1.2B
$638.6M
Q3 25
$1.1B
$620.8M
Q2 25
$1.1B
$648.0M
Q1 25
$1.1B
$534.6M
Q4 24
$1.2B
$475.2M
Q3 24
$1.1B
$448.9M
Q2 24
$1.1B
$435.0M
Net Profit
ATI
ATI
BGC
BGC
Q1 26
$118.2M
Q4 25
$96.6M
$14.4M
Q3 25
$110.0M
$27.9M
Q2 25
$100.7M
$57.5M
Q1 25
$97.0M
$55.2M
Q4 24
$137.1M
$25.2M
Q3 24
$82.7M
$14.7M
Q2 24
$81.9M
$37.8M
Gross Margin
ATI
ATI
BGC
BGC
Q1 26
22.8%
Q4 25
23.2%
Q3 25
22.7%
Q2 25
21.3%
Q1 25
20.6%
Q4 24
21.2%
Q3 24
21.4%
Q2 24
20.8%
Operating Margin
ATI
ATI
BGC
BGC
Q1 26
14.2%
Q4 25
14.5%
3.9%
Q3 25
14.4%
5.4%
Q2 25
14.1%
11.6%
Q1 25
12.8%
15.0%
Q4 24
17.8%
5.7%
Q3 24
13.5%
4.4%
Q2 24
13.0%
12.7%
Net Margin
ATI
ATI
BGC
BGC
Q1 26
10.3%
Q4 25
8.2%
2.3%
Q3 25
9.8%
4.5%
Q2 25
8.8%
8.9%
Q1 25
8.5%
10.3%
Q4 24
11.7%
5.3%
Q3 24
7.9%
3.3%
Q2 24
7.5%
8.7%
EPS (diluted)
ATI
ATI
BGC
BGC
Q1 26
$0.85
Q4 25
$0.70
$0.03
Q3 25
$0.78
$0.06
Q2 25
$0.70
$0.11
Q1 25
$0.67
$0.11
Q4 24
$0.94
$0.04
Q3 24
$0.57
$0.03
Q2 24
$0.58
$0.08

Balance Sheet & Financial Strength

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

Metric
ATI
ATI
BGC
BGC
Cash + ST InvestmentsLiquidity on hand
$401.7M
$851.5M
Total DebtLower is stronger
$1.8B
$1.5B
Stockholders' EquityBook value
$1.9B
$972.5M
Total Assets
$5.2B
$4.4B
Debt / EquityLower = less leverage
0.95×
1.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATI
ATI
BGC
BGC
Q1 26
$401.7M
Q4 25
$416.7M
$851.5M
Q3 25
$372.2M
$774.9M
Q2 25
$319.6M
$827.8M
Q1 25
$475.8M
$966.4M
Q4 24
$721.2M
$711.6M
Q3 24
$406.6M
$563.5M
Q2 24
$425.6M
$571.7M
Total Debt
ATI
ATI
BGC
BGC
Q1 26
$1.8B
Q4 25
$1.7B
$1.5B
Q3 25
$1.7B
$1.8B
Q2 25
$1.7B
$1.8B
Q1 25
$1.7B
$1.1B
Q4 24
$1.7B
$1.1B
Q3 24
$1.9B
$1.4B
Q2 24
$1.9B
$1.4B
Stockholders' Equity
ATI
ATI
BGC
BGC
Q1 26
$1.9B
Q4 25
$1.8B
$972.5M
Q3 25
$1.7B
$965.3M
Q2 25
$1.7B
$930.5M
Q1 25
$1.9B
$963.8M
Q4 24
$1.9B
$898.5M
Q3 24
$1.8B
$860.1M
Q2 24
$1.4B
$858.1M
Total Assets
ATI
ATI
BGC
BGC
Q1 26
$5.2B
Q4 25
$5.1B
$4.4B
Q3 25
$5.0B
$5.8B
Q2 25
$5.0B
$4.9B
Q1 25
$5.2B
$4.9B
Q4 24
$5.2B
$3.6B
Q3 24
$5.1B
$4.4B
Q2 24
$4.9B
$4.3B
Debt / Equity
ATI
ATI
BGC
BGC
Q1 26
0.95×
Q4 25
0.95×
1.58×
Q3 25
1.00×
1.90×
Q2 25
0.98×
1.97×
Q1 25
0.91×
1.19×
Q4 24
0.93×
1.27×
Q3 24
1.04×
1.68×
Q2 24
1.37×
1.68×

Cash Flow & Capital Efficiency

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

Metric
ATI
ATI
BGC
BGC
Operating Cash FlowLast quarter
$180.4M
Free Cash FlowOCF − Capex
$74.6M
$175.1M
FCF MarginFCF / Revenue
6.5%
27.4%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
12.55×
TTM Free Cash FlowTrailing 4 quarters
$554.1M
$372.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATI
ATI
BGC
BGC
Q1 26
Q4 25
$315.8M
$180.4M
Q3 25
$229.5M
$141.9M
Q2 25
$161.5M
$71.2M
Q1 25
$-92.5M
$839.0K
Q4 24
$380.9M
$251.9M
Q3 24
$24.0M
$88.3M
Q2 24
$101.1M
$-53.0M
Free Cash Flow
ATI
ATI
BGC
BGC
Q1 26
$74.6M
Q4 25
$223.1M
$175.1M
Q3 25
$167.0M
$137.2M
Q2 25
$89.4M
$65.0M
Q1 25
$-145.8M
$-4.4M
Q4 24
$333.6M
$245.6M
Q3 24
$-41.8M
$78.8M
Q2 24
$40.9M
$-63.5M
FCF Margin
ATI
ATI
BGC
BGC
Q1 26
6.5%
Q4 25
19.0%
27.4%
Q3 25
14.8%
22.1%
Q2 25
7.8%
10.0%
Q1 25
-12.7%
-0.8%
Q4 24
28.4%
51.7%
Q3 24
-4.0%
17.5%
Q2 24
3.7%
-14.6%
Capex Intensity
ATI
ATI
BGC
BGC
Q1 26
Q4 25
7.9%
0.8%
Q3 25
5.6%
0.8%
Q2 25
6.3%
1.0%
Q1 25
4.7%
1.0%
Q4 24
4.0%
1.3%
Q3 24
6.3%
2.1%
Q2 24
5.5%
2.4%
Cash Conversion
ATI
ATI
BGC
BGC
Q1 26
Q4 25
3.27×
12.55×
Q3 25
2.09×
5.09×
Q2 25
1.60×
1.24×
Q1 25
-0.95×
0.02×
Q4 24
2.78×
9.99×
Q3 24
0.29×
5.99×
Q2 24
1.23×
-1.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ATI
ATI

Segment breakdown not available.

BGC
BGC

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

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