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

Generac is the larger business by last-quarter revenue ($1.1B vs $638.6M, roughly 1.7× BGC Group, Inc.). BGC Group, Inc. runs the higher net margin — 2.3% vs -2.2%, a 4.5% gap on every dollar of revenue. On growth, BGC Group, Inc. posted the faster year-over-year revenue change (34.4% vs -11.6%). BGC Group, Inc. produced more free cash flow last quarter ($175.1M vs $129.9M). Over the past eight quarters, BGC Group, Inc.'s revenue compounded faster (18.7% CAGR vs 10.8%).

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.

Generac Holdings Inc., commonly referred to as Generac, is a Fortune 1000 American manufacturer of backup power generation products for residential, light commercial, and industrial markets. Generac's power systems range in output from 800 watts to 9 megawatts and are available through independent dealers, retailers, and wholesalers. Generac has headquarters in Waukesha, Wisconsin, and manufacturing facilities in Berlin, Oshkosh, Jefferson, Eagle, and Whitewater, all in Wisconsin.

BGC vs GNRC — Head-to-Head

Bigger by revenue
GNRC
GNRC
1.7× larger
GNRC
$1.1B
$638.6M
BGC
Growing faster (revenue YoY)
BGC
BGC
+46.0% gap
BGC
34.4%
-11.6%
GNRC
Higher net margin
BGC
BGC
4.5% more per $
BGC
2.3%
-2.2%
GNRC
More free cash flow
BGC
BGC
$45.2M more FCF
BGC
$175.1M
$129.9M
GNRC
Faster 2-yr revenue CAGR
BGC
BGC
Annualised
BGC
18.7%
10.8%
GNRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BGC
BGC
GNRC
GNRC
Revenue
$638.6M
$1.1B
Net Profit
$14.4M
$-24.5M
Gross Margin
36.3%
Operating Margin
3.9%
-0.9%
Net Margin
2.3%
-2.2%
Revenue YoY
34.4%
-11.6%
Net Profit YoY
-43.0%
-120.9%
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
GNRC
GNRC
Q4 25
$638.6M
$1.1B
Q3 25
$620.8M
$1.1B
Q2 25
$648.0M
$1.1B
Q1 25
$534.6M
$942.1M
Q4 24
$475.2M
$1.2B
Q3 24
$448.9M
$1.2B
Q2 24
$435.0M
$998.2M
Q1 24
$453.6M
$889.3M
Net Profit
BGC
BGC
GNRC
GNRC
Q4 25
$14.4M
$-24.5M
Q3 25
$27.9M
$66.2M
Q2 25
$57.5M
$74.0M
Q1 25
$55.2M
$43.8M
Q4 24
$25.2M
$117.2M
Q3 24
$14.7M
$113.7M
Q2 24
$37.8M
$59.1M
Q1 24
$49.2M
$26.2M
Gross Margin
BGC
BGC
GNRC
GNRC
Q4 25
36.3%
Q3 25
38.3%
Q2 25
39.3%
Q1 25
39.5%
Q4 24
40.6%
Q3 24
40.2%
Q2 24
37.6%
Q1 24
35.6%
Operating Margin
BGC
BGC
GNRC
GNRC
Q4 25
3.9%
-0.9%
Q3 25
5.4%
9.3%
Q2 25
11.6%
10.5%
Q1 25
15.0%
8.9%
Q4 24
5.7%
16.0%
Q3 24
4.4%
14.4%
Q2 24
12.7%
10.3%
Q1 24
15.7%
7.5%
Net Margin
BGC
BGC
GNRC
GNRC
Q4 25
2.3%
-2.2%
Q3 25
4.5%
5.9%
Q2 25
8.9%
7.0%
Q1 25
10.3%
4.7%
Q4 24
5.3%
9.5%
Q3 24
3.3%
9.7%
Q2 24
8.7%
5.9%
Q1 24
10.8%
2.9%
EPS (diluted)
BGC
BGC
GNRC
GNRC
Q4 25
$0.03
$-0.41
Q3 25
$0.06
$1.12
Q2 25
$0.11
$1.25
Q1 25
$0.11
$0.73
Q4 24
$0.04
$2.14
Q3 24
$0.03
$1.89
Q2 24
$0.08
$0.97
Q1 24
$0.10
$0.39

Balance Sheet & Financial Strength

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

Metric
BGC
BGC
GNRC
GNRC
Cash + ST InvestmentsLiquidity on hand
$851.5M
$341.4M
Total DebtLower is stronger
$1.5B
$1.3B
Stockholders' EquityBook value
$972.5M
$2.6B
Total Assets
$4.4B
$5.6B
Debt / EquityLower = less leverage
1.58×
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGC
BGC
GNRC
GNRC
Q4 25
$851.5M
$341.4M
Q3 25
$774.9M
$300.0M
Q2 25
$827.8M
$223.5M
Q1 25
$966.4M
$187.5M
Q4 24
$711.6M
$281.3M
Q3 24
$563.5M
$214.2M
Q2 24
$571.7M
$218.3M
Q1 24
$566.8M
$249.4M
Total Debt
BGC
BGC
GNRC
GNRC
Q4 25
$1.5B
$1.3B
Q3 25
$1.8B
$1.4B
Q2 25
$1.8B
$1.3B
Q1 25
$1.1B
$1.2B
Q4 24
$1.1B
$1.2B
Q3 24
$1.4B
$1.4B
Q2 24
$1.4B
$1.4B
Q1 24
$945.0M
$1.4B
Stockholders' Equity
BGC
BGC
GNRC
GNRC
Q4 25
$972.5M
$2.6B
Q3 25
$965.3M
$2.6B
Q2 25
$930.5M
$2.6B
Q1 25
$963.8M
$2.5B
Q4 24
$898.5M
$2.5B
Q3 24
$860.1M
$2.4B
Q2 24
$858.1M
$2.4B
Q1 24
$912.1M
$2.4B
Total Assets
BGC
BGC
GNRC
GNRC
Q4 25
$4.4B
$5.6B
Q3 25
$5.8B
$5.6B
Q2 25
$4.9B
$5.4B
Q1 25
$4.9B
$5.1B
Q4 24
$3.6B
$5.1B
Q3 24
$4.4B
$5.2B
Q2 24
$4.3B
$5.1B
Q1 24
$4.4B
$5.1B
Debt / Equity
BGC
BGC
GNRC
GNRC
Q4 25
1.58×
0.48×
Q3 25
1.90×
0.51×
Q2 25
1.97×
0.50×
Q1 25
1.19×
0.48×
Q4 24
1.27×
0.49×
Q3 24
1.68×
0.56×
Q2 24
1.68×
0.61×
Q1 24
1.04×
0.61×

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
GNRC
GNRC
Operating Cash FlowLast quarter
$180.4M
$189.3M
Free Cash FlowOCF − Capex
$175.1M
$129.9M
FCF MarginFCF / Revenue
27.4%
11.9%
Capex IntensityCapex / Revenue
0.8%
5.4%
Cash ConversionOCF / Net Profit
12.55×
TTM Free Cash FlowTrailing 4 quarters
$372.9M
$268.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGC
BGC
GNRC
GNRC
Q4 25
$180.4M
$189.3M
Q3 25
$141.9M
$118.4M
Q2 25
$71.2M
$72.2M
Q1 25
$839.0K
$58.2M
Q4 24
$251.9M
$339.5M
Q3 24
$88.3M
$212.3M
Q2 24
$-53.0M
$77.7M
Q1 24
$28.1M
$111.9M
Free Cash Flow
BGC
BGC
GNRC
GNRC
Q4 25
$175.1M
$129.9M
Q3 25
$137.2M
$96.5M
Q2 25
$65.0M
$14.5M
Q1 25
$-4.4M
$27.2M
Q4 24
$245.6M
$286.1M
Q3 24
$78.8M
$183.7M
Q2 24
$-63.5M
$49.7M
Q1 24
$24.9M
$85.1M
FCF Margin
BGC
BGC
GNRC
GNRC
Q4 25
27.4%
11.9%
Q3 25
22.1%
8.7%
Q2 25
10.0%
1.4%
Q1 25
-0.8%
2.9%
Q4 24
51.7%
23.2%
Q3 24
17.5%
15.6%
Q2 24
-14.6%
5.0%
Q1 24
5.5%
9.6%
Capex Intensity
BGC
BGC
GNRC
GNRC
Q4 25
0.8%
5.4%
Q3 25
0.8%
2.0%
Q2 25
1.0%
5.4%
Q1 25
1.0%
3.3%
Q4 24
1.3%
4.3%
Q3 24
2.1%
2.4%
Q2 24
2.4%
2.8%
Q1 24
0.7%
3.0%
Cash Conversion
BGC
BGC
GNRC
GNRC
Q4 25
12.55×
Q3 25
5.09×
1.79×
Q2 25
1.24×
0.98×
Q1 25
0.02×
1.33×
Q4 24
9.99×
2.90×
Q3 24
5.99×
1.87×
Q2 24
-1.40×
1.31×
Q1 24
0.57×
4.27×

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%

GNRC
GNRC

Residential Power Products$550.1M50%
Commercial And Industrial Power Products$228.4M21%
Other$202.3M19%
Other Products And Services$106.0M10%
Intersegment Sales$4.8M0%

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