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Side-by-side financial comparison of BGC Group, Inc. (BGC) and Quanex Building Products CORP (NX). Click either name above to swap in a different company.

BGC Group, Inc. is the larger business by last-quarter revenue ($638.6M vs $495.3M, roughly 1.3× Quanex Building Products CORP). BGC Group, Inc. runs the higher net margin — 2.3% vs -55.7%, a 58.0% gap on every dollar of revenue. On growth, Quanex Building Products CORP posted the faster year-over-year revenue change (76.7% vs 34.4%). BGC Group, Inc. produced more free cash flow last quarter ($175.1M vs $46.2M). Over the past eight quarters, Quanex Building Products CORP's revenue compounded faster (29.5% 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.

Quanex Building Products Corporation is a leading manufacturer of engineered building components and materials. Its core offerings include insulating glass spacers, window and door systems, and cabinet furniture components, serving residential and commercial construction markets across North America and Europe, with a focus on energy-efficient, sustainable building solutions.

BGC vs NX — Head-to-Head

Bigger by revenue
BGC
BGC
1.3× larger
BGC
$638.6M
$495.3M
NX
Growing faster (revenue YoY)
NX
NX
+42.3% gap
NX
76.7%
34.4%
BGC
Higher net margin
BGC
BGC
58.0% more per $
BGC
2.3%
-55.7%
NX
More free cash flow
BGC
BGC
$128.9M more FCF
BGC
$175.1M
$46.2M
NX
Faster 2-yr revenue CAGR
NX
NX
Annualised
NX
29.5%
18.7%
BGC

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BGC
BGC
NX
NX
Revenue
$638.6M
$495.3M
Net Profit
$14.4M
$-276.0M
Gross Margin
27.9%
Operating Margin
3.9%
-54.7%
Net Margin
2.3%
-55.7%
Revenue YoY
34.4%
76.7%
Net Profit YoY
-43.0%
-1188.8%
EPS (diluted)
$0.03
$-6.04

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
NX
NX
Q4 25
$638.6M
Q3 25
$620.8M
$495.3M
Q2 25
$648.0M
$452.5M
Q1 25
$534.6M
$400.0M
Q4 24
$475.2M
$492.2M
Q3 24
$448.9M
$280.3M
Q2 24
$435.0M
$266.2M
Q1 24
$453.6M
$239.2M
Net Profit
BGC
BGC
NX
NX
Q4 25
$14.4M
Q3 25
$27.9M
$-276.0M
Q2 25
$57.5M
$20.5M
Q1 25
$55.2M
$-14.9M
Q4 24
$25.2M
$-13.9M
Q3 24
$14.7M
$25.4M
Q2 24
$37.8M
$15.4M
Q1 24
$49.2M
$6.2M
Gross Margin
BGC
BGC
NX
NX
Q4 25
Q3 25
27.9%
Q2 25
29.0%
Q1 25
23.1%
Q4 24
Q3 24
25.3%
Q2 24
24.9%
Q1 24
21.5%
Operating Margin
BGC
BGC
NX
NX
Q4 25
3.9%
Q3 25
5.4%
-54.7%
Q2 25
11.6%
9.0%
Q1 25
15.0%
-1.7%
Q4 24
5.7%
0.6%
Q3 24
4.4%
8.4%
Q2 24
12.7%
7.8%
Q1 24
15.7%
3.3%
Net Margin
BGC
BGC
NX
NX
Q4 25
2.3%
Q3 25
4.5%
-55.7%
Q2 25
8.9%
4.5%
Q1 25
10.3%
-3.7%
Q4 24
5.3%
-2.8%
Q3 24
3.3%
9.0%
Q2 24
8.7%
5.8%
Q1 24
10.8%
2.6%
EPS (diluted)
BGC
BGC
NX
NX
Q4 25
$0.03
Q3 25
$0.06
$-6.04
Q2 25
$0.11
$0.44
Q1 25
$0.11
$-0.32
Q4 24
$0.04
$-0.52
Q3 24
$0.03
$0.77
Q2 24
$0.08
$0.46
Q1 24
$0.10
$0.19

Balance Sheet & Financial Strength

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

Metric
BGC
BGC
NX
NX
Cash + ST InvestmentsLiquidity on hand
$851.5M
$66.3M
Total DebtLower is stronger
$1.5B
$695.6M
Stockholders' EquityBook value
$972.5M
$717.4M
Total Assets
$4.4B
$2.0B
Debt / EquityLower = less leverage
1.58×
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGC
BGC
NX
NX
Q4 25
$851.5M
Q3 25
$774.9M
$66.3M
Q2 25
$827.8M
$62.6M
Q1 25
$966.4M
$50.0M
Q4 24
$711.6M
$97.7M
Q3 24
$563.5M
$94.0M
Q2 24
$571.7M
$56.1M
Q1 24
$566.8M
$44.4M
Total Debt
BGC
BGC
NX
NX
Q4 25
$1.5B
Q3 25
$1.8B
$695.6M
Q2 25
$1.8B
$746.4M
Q1 25
$1.1B
$725.2M
Q4 24
$1.1B
$737.2M
Q3 24
$1.4B
$51.4M
Q2 24
$1.4B
$51.5M
Q1 24
$945.0M
$61.6M
Stockholders' Equity
BGC
BGC
NX
NX
Q4 25
$972.5M
Q3 25
$965.3M
$717.4M
Q2 25
$930.5M
$1.0B
Q1 25
$963.8M
$972.1M
Q4 24
$898.5M
$1.0B
Q3 24
$860.1M
$594.1M
Q2 24
$858.1M
$566.1M
Q1 24
$912.1M
$555.0M
Total Assets
BGC
BGC
NX
NX
Q4 25
$4.4B
Q3 25
$5.8B
$2.0B
Q2 25
$4.9B
$2.3B
Q1 25
$4.9B
$2.2B
Q4 24
$3.6B
$2.3B
Q3 24
$4.4B
$872.5M
Q2 24
$4.3B
$837.2M
Q1 24
$4.4B
$813.4M
Debt / Equity
BGC
BGC
NX
NX
Q4 25
1.58×
Q3 25
1.90×
0.97×
Q2 25
1.97×
0.75×
Q1 25
1.19×
0.75×
Q4 24
1.27×
0.73×
Q3 24
1.68×
0.09×
Q2 24
1.68×
0.09×
Q1 24
1.04×
0.11×

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
NX
NX
Operating Cash FlowLast quarter
$180.4M
$60.7M
Free Cash FlowOCF − Capex
$175.1M
$46.2M
FCF MarginFCF / Revenue
27.4%
9.3%
Capex IntensityCapex / Revenue
0.8%
2.9%
Cash ConversionOCF / Net Profit
12.55×
TTM Free Cash FlowTrailing 4 quarters
$372.9M
$27.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGC
BGC
NX
NX
Q4 25
$180.4M
Q3 25
$141.9M
$60.7M
Q2 25
$71.2M
$28.5M
Q1 25
$839.0K
$-12.5M
Q4 24
$251.9M
$5.5M
Q3 24
$88.3M
$46.4M
Q2 24
$-53.0M
$33.1M
Q1 24
$28.1M
$3.9M
Free Cash Flow
BGC
BGC
NX
NX
Q4 25
$175.1M
Q3 25
$137.2M
$46.2M
Q2 25
$65.0M
$13.6M
Q1 25
$-4.4M
$-24.1M
Q4 24
$245.6M
$-8.2M
Q3 24
$78.8M
$40.1M
Q2 24
$-63.5M
$25.5M
Q1 24
$24.9M
$-5.7M
FCF Margin
BGC
BGC
NX
NX
Q4 25
27.4%
Q3 25
22.1%
9.3%
Q2 25
10.0%
3.0%
Q1 25
-0.8%
-6.0%
Q4 24
51.7%
-1.7%
Q3 24
17.5%
14.3%
Q2 24
-14.6%
9.6%
Q1 24
5.5%
-2.4%
Capex Intensity
BGC
BGC
NX
NX
Q4 25
0.8%
Q3 25
0.8%
2.9%
Q2 25
1.0%
3.3%
Q1 25
1.0%
2.9%
Q4 24
1.3%
2.8%
Q3 24
2.1%
2.2%
Q2 24
2.4%
2.9%
Q1 24
0.7%
4.0%
Cash Conversion
BGC
BGC
NX
NX
Q4 25
12.55×
Q3 25
5.09×
Q2 25
1.24×
1.39×
Q1 25
0.02×
Q4 24
9.99×
Q3 24
5.99×
1.83×
Q2 24
-1.40×
2.15×
Q1 24
0.57×
0.62×

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%

NX
NX

Window And Door Hardware$150.3M30%
Screens$76.8M16%
Window Profiles$68.2M14%
Spacers$54.7M11%
Wood Solutions$53.4M11%
Seals And Gaskets$29.9M6%
Access Solutions$27.4M6%
Mixing Solution$21.5M4%
Solar$5.3M1%
Product Type Other$3.3M1%

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