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

CBIZ, Inc. is the larger business by last-quarter revenue ($848.6M vs $638.6M, roughly 1.3× BGC Group, Inc.). CBIZ, Inc. runs the higher net margin — 19.0% vs 2.3%, a 16.8% gap on every dollar of revenue. On growth, BGC Group, Inc. posted the faster year-over-year revenue change (34.4% vs 1.3%). BGC Group, Inc. produced more free cash flow last quarter ($175.1M vs $-28.5M). Over the past eight quarters, CBIZ, Inc.'s revenue compounded faster (42.1% CAGR vs 18.7%).

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.

CBIZ, Inc. is a national provider of financial, insurance and advisory services headquartered in Independence, Ohio. CBIZ is one of the largest accounting, insurance brokerage, financial and advisory services providers in the United States with more than 120 offices and nearly 7,000 employees. Its common stock has been traded on the New York Stock Exchange since 1996, under the symbol "CBZ" since 1997.

BGC vs CBZ — Head-to-Head

Bigger by revenue
CBZ
CBZ
1.3× larger
CBZ
$848.6M
$638.6M
BGC
Growing faster (revenue YoY)
BGC
BGC
+33.1% gap
BGC
34.4%
1.3%
CBZ
Higher net margin
CBZ
CBZ
16.8% more per $
CBZ
19.0%
2.3%
BGC
More free cash flow
BGC
BGC
$203.6M more FCF
BGC
$175.1M
$-28.5M
CBZ
Faster 2-yr revenue CAGR
CBZ
CBZ
Annualised
CBZ
42.1%
18.7%
BGC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BGC
BGC
CBZ
CBZ
Revenue
$638.6M
$848.6M
Net Profit
$14.4M
$161.6M
Gross Margin
Operating Margin
3.9%
23.2%
Net Margin
2.3%
19.0%
Revenue YoY
34.4%
1.3%
Net Profit YoY
-43.0%
EPS (diluted)
$0.03
$2.63

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
BGC
BGC
CBZ
CBZ
Q1 26
$848.6M
Q4 25
$638.6M
$542.7M
Q3 25
$620.8M
$693.8M
Q2 25
$648.0M
$683.5M
Q1 25
$534.6M
$838.0M
Q4 24
$475.2M
$460.3M
Q3 24
$448.9M
$438.9M
Q2 24
$435.0M
$420.0M
Net Profit
BGC
BGC
CBZ
CBZ
Q1 26
$161.6M
Q4 25
$14.4M
$-79.4M
Q3 25
$27.9M
$30.1M
Q2 25
$57.5M
$41.9M
Q1 25
$55.2M
$122.8M
Q4 24
$25.2M
$-90.7M
Q3 24
$14.7M
$35.1M
Q2 24
$37.8M
$19.8M
Gross Margin
BGC
BGC
CBZ
CBZ
Q1 26
Q4 25
-9.4%
Q3 25
13.0%
Q2 25
12.9%
Q1 25
27.2%
Q4 24
-13.4%
Q3 24
16.6%
Q2 24
12.8%
Operating Margin
BGC
BGC
CBZ
CBZ
Q1 26
23.2%
Q4 25
3.9%
-15.7%
Q3 25
5.4%
8.5%
Q2 25
11.6%
8.8%
Q1 25
15.0%
23.9%
Q4 24
5.7%
-23.2%
Q3 24
4.4%
11.3%
Q2 24
12.7%
7.5%
Net Margin
BGC
BGC
CBZ
CBZ
Q1 26
19.0%
Q4 25
2.3%
-14.6%
Q3 25
4.5%
4.3%
Q2 25
8.9%
6.1%
Q1 25
10.3%
14.7%
Q4 24
5.3%
-19.7%
Q3 24
3.3%
8.0%
Q2 24
8.7%
4.7%
EPS (diluted)
BGC
BGC
CBZ
CBZ
Q1 26
$2.63
Q4 25
$0.03
$-1.22
Q3 25
$0.06
$0.48
Q2 25
$0.11
$0.66
Q1 25
$0.11
$1.91
Q4 24
$0.04
$-1.84
Q3 24
$0.03
$0.70
Q2 24
$0.08
$0.39

Balance Sheet & Financial Strength

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

Metric
BGC
BGC
CBZ
CBZ
Cash + ST InvestmentsLiquidity on hand
$851.5M
$28.7M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$972.5M
$1.9B
Total Assets
$4.4B
$4.6B
Debt / EquityLower = less leverage
1.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGC
BGC
CBZ
CBZ
Q1 26
$28.7M
Q4 25
$851.5M
$18.3M
Q3 25
$774.9M
$17.0M
Q2 25
$827.8M
$39.8M
Q1 25
$966.4M
$8.8M
Q4 24
$711.6M
$13.8M
Q3 24
$563.5M
$1.1M
Q2 24
$571.7M
$1.1M
Total Debt
BGC
BGC
CBZ
CBZ
Q1 26
Q4 25
$1.5B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.4B
Q2 24
$1.4B
Stockholders' Equity
BGC
BGC
CBZ
CBZ
Q1 26
$1.9B
Q4 25
$972.5M
$1.8B
Q3 25
$965.3M
$1.9B
Q2 25
$930.5M
$1.9B
Q1 25
$963.8M
$1.9B
Q4 24
$898.5M
$1.8B
Q3 24
$860.1M
$927.9M
Q2 24
$858.1M
$891.4M
Total Assets
BGC
BGC
CBZ
CBZ
Q1 26
$4.6B
Q4 25
$4.4B
$4.4B
Q3 25
$5.8B
$4.5B
Q2 25
$4.9B
$4.5B
Q1 25
$4.9B
$4.6B
Q4 24
$3.6B
$4.5B
Q3 24
$4.4B
$2.1B
Q2 24
$4.3B
$2.2B
Debt / Equity
BGC
BGC
CBZ
CBZ
Q1 26
Q4 25
1.58×
Q3 25
1.90×
Q2 25
1.97×
Q1 25
1.19×
Q4 24
1.27×
Q3 24
1.68×
Q2 24
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
BGC
BGC
CBZ
CBZ
Operating Cash FlowLast quarter
$180.4M
$-25.5M
Free Cash FlowOCF − Capex
$175.1M
$-28.5M
FCF MarginFCF / Revenue
27.4%
-3.4%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
12.55×
-0.16×
TTM Free Cash FlowTrailing 4 quarters
$372.9M
$240.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGC
BGC
CBZ
CBZ
Q1 26
$-25.5M
Q4 25
$180.4M
$143.6M
Q3 25
$141.9M
$24.0M
Q2 25
$71.2M
$113.1M
Q1 25
$839.0K
$-88.3M
Q4 24
$251.9M
$55.5M
Q3 24
$88.3M
$43.7M
Q2 24
$-53.0M
$88.2M
Free Cash Flow
BGC
BGC
CBZ
CBZ
Q1 26
$-28.5M
Q4 25
$175.1M
$141.7M
Q3 25
$137.2M
$22.1M
Q2 25
$65.0M
$105.2M
Q1 25
$-4.4M
$-93.4M
Q4 24
$245.6M
$52.3M
Q3 24
$78.8M
$41.1M
Q2 24
$-63.5M
$86.3M
FCF Margin
BGC
BGC
CBZ
CBZ
Q1 26
-3.4%
Q4 25
27.4%
26.1%
Q3 25
22.1%
3.2%
Q2 25
10.0%
15.4%
Q1 25
-0.8%
-11.2%
Q4 24
51.7%
11.4%
Q3 24
17.5%
9.4%
Q2 24
-14.6%
20.5%
Capex Intensity
BGC
BGC
CBZ
CBZ
Q1 26
Q4 25
0.8%
0.4%
Q3 25
0.8%
0.3%
Q2 25
1.0%
1.2%
Q1 25
1.0%
0.6%
Q4 24
1.3%
0.7%
Q3 24
2.1%
0.6%
Q2 24
2.4%
0.4%
Cash Conversion
BGC
BGC
CBZ
CBZ
Q1 26
-0.16×
Q4 25
12.55×
Q3 25
5.09×
0.79×
Q2 25
1.24×
2.70×
Q1 25
0.02×
-0.72×
Q4 24
9.99×
Q3 24
5.99×
1.25×
Q2 24
-1.40×
4.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BGC
BGC

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

CBZ
CBZ

Financial Services (1)$740.3M87%
Benefits and Insurance Services$108.2M13%

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