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

Copart is the larger business by last-quarter revenue ($1.2B vs $638.6M, roughly 1.8× BGC Group, Inc.). Copart runs the higher net margin — 35.0% vs 2.3%, a 32.7% gap on every dollar of revenue. On growth, BGC Group, Inc. posted the faster year-over-year revenue change (34.4% vs 0.7%). Copart produced more free cash flow last quarter ($427.2M vs $175.1M). Over the past eight quarters, BGC Group, Inc.'s revenue compounded faster (18.7% CAGR vs 6.4%).

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.

Copart, Inc. is a multinational provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet, and finance companies in 11 countries: the US, Canada, the UK, Germany, Ireland, Brazil, Spain, UAE, Bahrain, Oman, and Finland. Headquartered in Dallas, Texas, Copart has more than 200 physical locations, where it houses more than 10,000 acres of vehicle inventory.

BGC vs CPRT — Head-to-Head

Bigger by revenue
CPRT
CPRT
1.8× larger
CPRT
$1.2B
$638.6M
BGC
Growing faster (revenue YoY)
BGC
BGC
+33.7% gap
BGC
34.4%
0.7%
CPRT
Higher net margin
CPRT
CPRT
32.7% more per $
CPRT
35.0%
2.3%
BGC
More free cash flow
CPRT
CPRT
$252.1M more FCF
CPRT
$427.2M
$175.1M
BGC
Faster 2-yr revenue CAGR
BGC
BGC
Annualised
BGC
18.7%
6.4%
CPRT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BGC
BGC
CPRT
CPRT
Revenue
$638.6M
$1.2B
Net Profit
$14.4M
$403.7M
Gross Margin
Operating Margin
3.9%
37.3%
Net Margin
2.3%
35.0%
Revenue YoY
34.4%
0.7%
Net Profit YoY
-43.0%
11.5%
EPS (diluted)
$0.03
$0.41

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
CPRT
CPRT
Q4 25
$638.6M
$1.2B
Q3 25
$620.8M
$1.1B
Q2 25
$648.0M
$1.2B
Q1 25
$534.6M
$1.2B
Q4 24
$475.2M
$1.1B
Q3 24
$448.9M
$1.1B
Q2 24
$435.0M
$1.1B
Q1 24
$453.6M
$1.0B
Net Profit
BGC
BGC
CPRT
CPRT
Q4 25
$14.4M
$403.7M
Q3 25
$27.9M
$396.4M
Q2 25
$57.5M
$406.6M
Q1 25
$55.2M
$387.4M
Q4 24
$25.2M
$362.1M
Q3 24
$14.7M
$322.6M
Q2 24
$37.8M
$382.3M
Q1 24
$49.2M
$325.6M
Operating Margin
BGC
BGC
CPRT
CPRT
Q4 25
3.9%
37.3%
Q3 25
5.4%
36.7%
Q2 25
11.6%
37.3%
Q1 25
15.0%
36.6%
Q4 24
5.7%
35.4%
Q3 24
4.4%
33.6%
Q2 24
12.7%
38.8%
Q1 24
15.7%
37.2%
Net Margin
BGC
BGC
CPRT
CPRT
Q4 25
2.3%
35.0%
Q3 25
4.5%
35.2%
Q2 25
8.9%
33.6%
Q1 25
10.3%
33.3%
Q4 24
5.3%
31.6%
Q3 24
3.3%
30.2%
Q2 24
8.7%
33.9%
Q1 24
10.8%
31.9%
EPS (diluted)
BGC
BGC
CPRT
CPRT
Q4 25
$0.03
$0.41
Q3 25
$0.06
$0.40
Q2 25
$0.11
$0.42
Q1 25
$0.11
$0.40
Q4 24
$0.04
$0.37
Q3 24
$0.03
$0.34
Q2 24
$0.08
$0.39
Q1 24
$0.10
$0.33

Balance Sheet & Financial Strength

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

Metric
BGC
BGC
CPRT
CPRT
Cash + ST InvestmentsLiquidity on hand
$851.5M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$972.5M
$9.6B
Total Assets
$4.4B
$10.6B
Debt / EquityLower = less leverage
1.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGC
BGC
CPRT
CPRT
Q4 25
$851.5M
Q3 25
$774.9M
Q2 25
$827.8M
Q1 25
$966.4M
Q4 24
$711.6M
Q3 24
$563.5M
Q2 24
$571.7M
Q1 24
$566.8M
Total Debt
BGC
BGC
CPRT
CPRT
Q4 25
$1.5B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.4B
$0
Q2 24
$1.4B
$427.0K
Q1 24
$945.0M
$453.0K
Stockholders' Equity
BGC
BGC
CPRT
CPRT
Q4 25
$972.5M
$9.6B
Q3 25
$965.3M
$9.2B
Q2 25
$930.5M
$8.8B
Q1 25
$963.8M
$8.3B
Q4 24
$898.5M
$7.9B
Q3 24
$860.1M
$7.5B
Q2 24
$858.1M
$7.2B
Q1 24
$912.1M
$6.8B
Total Assets
BGC
BGC
CPRT
CPRT
Q4 25
$4.4B
$10.6B
Q3 25
$5.8B
$10.1B
Q2 25
$4.9B
$9.7B
Q1 25
$4.9B
$9.2B
Q4 24
$3.6B
$8.9B
Q3 24
$4.4B
$8.4B
Q2 24
$4.3B
$8.0B
Q1 24
$4.4B
$7.6B
Debt / Equity
BGC
BGC
CPRT
CPRT
Q4 25
1.58×
Q3 25
1.90×
Q2 25
1.97×
Q1 25
1.19×
Q4 24
1.27×
Q3 24
1.68×
0.00×
Q2 24
1.68×
0.00×
Q1 24
1.04×
0.00×

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
CPRT
CPRT
Operating Cash FlowLast quarter
$180.4M
$535.3M
Free Cash FlowOCF − Capex
$175.1M
$427.2M
FCF MarginFCF / Revenue
27.4%
37.0%
Capex IntensityCapex / Revenue
0.8%
9.4%
Cash ConversionOCF / Net Profit
12.55×
1.33×
TTM Free Cash FlowTrailing 4 quarters
$372.9M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGC
BGC
CPRT
CPRT
Q4 25
$180.4M
$535.3M
Q3 25
$141.9M
$438.5M
Q2 25
$71.2M
$700.9M
Q1 25
$839.0K
$178.1M
Q4 24
$251.9M
$482.3M
Q3 24
$88.3M
$439.2M
Q2 24
$-53.0M
$496.3M
Q1 24
$28.1M
$161.8M
Free Cash Flow
BGC
BGC
CPRT
CPRT
Q4 25
$175.1M
$427.2M
Q3 25
$137.2M
$350.8M
Q2 25
$65.0M
$572.9M
Q1 25
$-4.4M
$61.5M
Q4 24
$245.6M
$245.5M
Q3 24
$78.8M
$301.3M
Q2 24
$-63.5M
$408.5M
Q1 24
$24.9M
$38.8M
FCF Margin
BGC
BGC
CPRT
CPRT
Q4 25
27.4%
37.0%
Q3 25
22.1%
31.2%
Q2 25
10.0%
47.3%
Q1 25
-0.8%
5.3%
Q4 24
51.7%
21.4%
Q3 24
17.5%
28.2%
Q2 24
-14.6%
36.2%
Q1 24
5.5%
3.8%
Capex Intensity
BGC
BGC
CPRT
CPRT
Q4 25
0.8%
9.4%
Q3 25
0.8%
7.8%
Q2 25
1.0%
10.6%
Q1 25
1.0%
10.0%
Q4 24
1.3%
20.6%
Q3 24
2.1%
12.9%
Q2 24
2.4%
7.8%
Q1 24
0.7%
12.1%
Cash Conversion
BGC
BGC
CPRT
CPRT
Q4 25
12.55×
1.33×
Q3 25
5.09×
1.11×
Q2 25
1.24×
1.72×
Q1 25
0.02×
0.46×
Q4 24
9.99×
1.33×
Q3 24
5.99×
1.36×
Q2 24
-1.40×
1.30×
Q1 24
0.57×
0.50×

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%

CPRT
CPRT

Services$952.1M82%
Other$203.0M18%

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