Free Trial
→ Is the SpaceX IPO “Rigged?” (From The Oxford Club) (Ad)tc pixel Free BGC Stock Alerts

BGC Group (BGC) Financials

BGC Group logo
$10.89 -0.21 (-1.89%)
Closing price 04:00 PM Eastern
Extended Trading
$10.90 +0.00 (+0.05%)
As of 05:31 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for BGC Group

Annual Income Statements for BGC Group

This table shows BGC Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 320 185 51 202 44 45 124 49 36 127 155
Consolidated Net Income / (Loss)		 318 254 82 287 67 51 153 59 39 123 147
Net Income / (Loss) Continuing Operations		 318 64 -89 108 67 51 153 59 39 123 147
Total Pre-Tax Income 		439 120 4.14 172 117 72 177 97 58 173 214
Total Operating Income		 -1.85 233 283 156 124 142 -94 78 33 81 124
Total Gross Profit		 2,784 1,554 1,751 1,938 2,105 2,057 2,015 1,795 2,025 2,263 2,941
Total Revenue		 2,784 1,554 1,751 1,938 2,105 2,057 2,015 1,795 2,025 2,263 2,941
Operating Revenue		 2,784 1,554 1,751 1,938 2,105 2,057 2,015 1,795 2,025 2,263 2,941
Total Cost of Revenue		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Operating Expenses		 2,786 1,321 1,468 1,781 1,981 1,915 2,109 1,717 1,993 2,182 2,817
Selling, General & Admin Expense		 2,287 952 1,084 1,361 1,509 1,479 1,676 1,260 1,544 1,698 2,228
Marketing Expense		 100 57 62 69 82 38 38 49 62 70 105
Other Operating Expenses / (Income)		 398 313 321 351 390 397 395 407 387 413 484
Total Other Income / (Expense), net		 441 -112 -279 16 -7.20 -70 270 19 25 93 89
Interest & Investment Income		 2.60 3.54 4.63 7.38 4.12 5.02 6.71 11 9.15 8.43 8.33
Other Income / (Expense), net		 517 -58 -207 51 49 1.97 333 8.34 16 84 81
Income Tax Expense		 121 56 93 64 50 21 23 39 19 50 67
Net Income / (Loss) Attributable to Noncontrolling Interest		 158 69 30 84 23 5.86 29 10 2.51 -3.76 -8.42
Basic Earnings per Share		 $0.66 - - - $0.13 $0.12 $0.33 $0.13 $0.08 $0.26 $0.31
Weighted Average Basic Shares Outstanding		 243.46M 277.07M 287.38M 322.14M 344.33M 361.74M 379.22M 371.56M 426.44M 473.39M 476.36M
Diluted Earnings per Share		 $0.62 - - - $0.12 $0.12 $0.32 $0.13 $0.07 $0.25 $0.31
Weighted Average Diluted Shares Outstanding		 286.32M 277.07M 287.38M 323.84M 472.19M 546.85M 540.02M 499.41M 489.99M 479.14M 474.26M
Weighted Average Basic & Diluted Shares Outstanding		 272.70M 282.49M 287.38M 323.84M 472.19M 546.85M 540.02M 499.41M 489.99M 479.14M 480.95M
Cash Dividends to Common per Share		 $1.08 $0.62 $0.70 $0.72 $0.56 $0.17 $0.04 $0.04 $0.04 $0.07 $0.08

Quarterly Income Statements for BGC Group

This table shows BGC Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -39 17 40 49 38 15 -11 55 58 28 14
Consolidated Net Income / (Loss)		 -22 19 21 49 37 14 23 53 56 26 11
Net Income / (Loss) Continuing Operations		 -22 19 21 49 37 14 23 53 56 26 11
Total Pre-Tax Income 		-31 24 32 71 55 20 27 80 75 33 25
Total Operating Income		 -33 18 -1.20 31 51 13 -34 78 72 31 -57
Total Gross Profit		 493 483 517 579 551 561 572 664 784 737 756
Total Revenue		 493 483 517 579 551 561 572 664 784 737 756
Operating Revenue		 493 483 517 579 551 561 572 664 784 737 756
Total Operating Expenses		 526 465 518 548 500 548 606 587 712 706 813
Selling, General & Admin Expense		 28 338 724 416 382 422 764 443 558 553 674
Marketing Expense		 15 15 17 17 18 17 19 19 29 26 31
Other Operating Expenses / (Income)		 482 112 -223 116 101 109 -177 124 125 126 109
Total Other Income / (Expense), net		 1.40 6.06 33 41 4.56 6.64 61 2.26 2.96 2.26 82
Interest & Investment Income		 2.41 2.09 2.58 1.79 2.74 2.36 1.54 2.36 2.38 2.29 1.30
Other Income / (Expense), net		 -1.01 3.97 15 39 1.81 4.28 39 -0.10 0.58 -0.04 81
Income Tax Expense		 -9.07 5.31 11 22 18 6.00 3.87 27 19 7.43 14
Net Income / (Loss) Attributable to Noncontrolling Interest		 -2.51 1.51 1.32 -0.17 -0.65 -1.03 -1.90 -1.74 -1.33 -1.82 -3.54
Basic Earnings per Share		 ($0.05) $0.03 $0.05 $0.10 $0.08 $0.03 $0.05 $0.11 $0.11 $0.06 $0.03
Weighted Average Basic Shares Outstanding		 391.75M 468.54M 426.44M 470.52M 475.27M 473.44M 473.39M 479.17M 480.14M 474.64M 476.36M
Diluted Earnings per Share		 ($0.05) $0.03 $0.04 $0.10 $0.08 $0.03 $0.04 $0.11 $0.11 $0.06 $0.03
Weighted Average Diluted Shares Outstanding		 391.75M 477.55M 489.99M 477.97M 480.86M 478.65M 482.88M 488.17M 474.32M 468.75M 474.26M
Weighted Average Basic & Diluted Shares Outstanding		 391.75M 477.55M 489.99M 477.97M 480.86M 478.65M 479.14M 485.55M 484.64M 478.48M 480.95M

Annual Cash Flow Statements for BGC Group

This table details how cash moves in and out of BGC Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -148 -22 203 -380 219 213 -287 -65 171 60 140
Net Cash From Operating Activities		 686 -107 393 -67 241 303 417 224 405 315 394
Net Cash From Continuing Operating Activities		 686 -107 393 -67 241 303 417 224 405 315 394
Net Income / (Loss) Continuing Operations		 318 64 -89 108 67 51 153 59 39 123 147
Consolidated Net Income / (Loss)		 318 254 82 287 67 51 153 59 39 123 147
Depreciation Expense		 84 63 65 71 82 85 82 75 80 81 103
Amortization Expense		 62 -4.02 0.84 -1.08 39 71 3.59 2.80 3.66 61 145
Non-Cash Adjustments To Reconcile Net Income		 856 219 493 -70 67 66 -348 462 529 238 3.91
Changes in Operating Assets and Liabilities, net		 -634 -448 -78 -176 -14 29 526 -375 -246 -188 -4.55
Net Cash From Investing Activities		 -101 333 -154 28 -43 -78 121 -53 -91 -97 -283
Net Cash From Continuing Investing Activities		 -101 386 -113 9.24 -43 -78 121 -53 -91 -97 -283
Purchase of Property, Plant & Equipment		 -57 -36 -58 -74 -97 -87 -53 -59 -60 -73 -67
Acquisitions		 -174 -153 -107 -51 27 -9.33 -1.12 -0.59 -40 -66 -281
Purchase of Investments		 -277 -68 - - - - - 0.00 0.00 -13 -21
Divestitures		 14 8.19 14 7.05 3.74 4.33 545 6.63 9.42 55 87
Sale and/or Maturity of Investments		 265 - - - - - - 0.00 0.00 180 120
Other Investing Activities, net		 -0.85 -0.47 0.33 - 0.00 0.00 -369 0.00 0.00 -180 -120
Net Cash From Financing Activities		 -724 318 -935 419 18 -13 -820 -233 -147 -149 21
Net Cash From Continuing Financing Activities		 -724 -258 -238 51 18 -13 -820 -233 -147 -149 21
Repayment of Debt		 -6,244 -167 -11 -450 -332 -358 -566 -6.39 -625 -152 433
Repurchase of Common Equity		 -46 -148 -62 -62 -45 -48 -476 -180 -232 -401 -391
Payment of Dividends		 -205 -240 -326 -395 -306 -124 -67 -44 -36 -42 -39
Issuance of Debt		 5,778 296 1,008 639 710 524 298 -0.08 754 275 20
Issuance of Common Equity		 6.57 33 27 328 - - - 0.00 0.00 172 0.00
Other Financing Activities, net		 -14 -31 -873 -8.57 -8.60 -8.54 -8.48 -2.90 -7.16 -1.00 -1.38
Effect of Exchange Rate Changes		 -8.74 0.12 3.41 -11 2.63 0.99 -5.39 -2.62 3.27 -8.96 7.46
Cash Interest Paid		 68 64 75 42 52 70 66 54 81 88 109
Cash Income Taxes Paid		 44 94 78 67 48 42 43 36 71 104 148

Quarterly Cash Flow Statements for BGC Group

This table details how cash moves in and out of BGC Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Change in Cash & Equivalents		 33 33 97 -88 1.04 -2.65 150 252 -144 -43 74
Net Cash From Operating Activities		 -106 313 174 28 -53 88 252 0.84 71 142 180
Net Cash From Continuing Operating Activities		 -106 313 174 28 -53 88 252 0.84 71 142 180
Net Income / (Loss) Continuing Operations		 -22 19 21 49 37 14 23 53 56 26 11
Consolidated Net Income / (Loss)		 -22 19 21 49 37 14 23 53 56 26 11
Depreciation Expense		 19 22 20 21 20 20 21 22 26 27 28
Amortization Expense		 27 11 -35 16 13 16 -44 1.10 1.43 63 80
Non-Cash Adjustments To Reconcile Net Income		 1,179 269 324 -1,146 57 -720 969 -873 366 -937 1,447
Changes in Operating Assets and Liabilities, net		 -1,308 -7.22 -157 1,089 -181 758 -717 797 -378 962 -1,386
Net Cash From Investing Activities		 -16 -5.21 -30 -19 -197 9.33 110 -17 -277 -26 37
Net Cash From Continuing Investing Activities		 -16 -5.21 -30 -19 -197 9.33 110 -17 -277 -26 37
Purchase of Property, Plant & Equipment		 -17 -12 -17 -15 -19 -21 -17 -16 -15 -18 -18
Acquisitions		 -0.33 - -13 0.00 - - -66 -0.60 -264 -16 -1.61
Purchase of Investments		 - - - -3.70 - 30 -39 0.00 - - -21
Divestitures		 1.19 6.45 -0.05 - 1.82 - 53 - - 7.82 78
Net Cash From Financing Activities		 148 -262 -49 -95 254 -102 -206 266 57 -160 -142
Net Cash From Continuing Financing Activities		 148 -262 -49 -95 254 -102 -206 266 57 -160 -142
Repayment of Debt		 403 -211 -755 -240 193 -0.50 -1,069 0.00 -620 1,113 -60
Repurchase of Common Equity		 -109 -41 -43 -117 -101 -92 -92 -74 -160 -65 -92
Payment of Dividends		 -3.37 -9.93 -5.11 -13 -9.84 -9.76 -9.72 -10 -9.71 -9.78 -9.65
Issuance of Debt		 -135 - 754 275 - - 965 350 848 -1,198 20
Other Financing Activities, net		 - - - - - - - - - - -0.60
Effect of Exchange Rate Changes		 6.47 -12 3.05 -2.08 -2.34 1.95 -6.49 2.19 4.83 1.65 -1.21
Cash Interest Paid		 16 17 33 5.70 33 2.50 47 4.68 41 3.35 60
Cash Income Taxes Paid		 23 15 23 17 42 24 21 34 54 24 36

Annual Balance Sheets for BGC Group

This table presents BGC Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 3,983 5,048 5,430 3,433 3,927 3,953 3,342 3,075 3,176 3,592 4,412
Total Current Assets		 462 536 513 337 415 596 554 486 658 719 857
Cash & Equivalents		 462 536 513 337 415 596 554 485 656 712 852
Accounts Receivable		 - - - - - - - 1.44 2.72 7.32 5.01
Plant, Property, & Equipment, net		 148 167 125 157 205 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets		 3,373 4,345 4,792 2,939 3,307 3,357 2,789 2,589 2,518 2,873 3,555
Long-Term Investments		 - - 151 67 55 38 33 39 38 39 38
Noncurrent Note & Lease Receivables		 158 1,342 125 217 316 408 583 608 674 684 918
Goodwill		 812 864 468 505 554 556 487 487 506 540 649
Intangible Assets		 234 253 286 299 303 287 208 193 211 241 428
Other Noncurrent Operating Assets		 2,169 1,886 3,762 1,851 2,080 2,067 1,477 1,263 1,088 1,368 1,523
Total Liabilities & Shareholders' Equity		 3,983 5,048 5,430 3,433 3,927 3,953 3,342 3,075 3,176 3,592 4,412
Total Liabilities		 2,694 3,361 4,244 2,545 3,178 3,121 2,660 2,326 2,278 2,513 3,267
Total Current Liabilities		 694 649 678 755 1,313 1,364 679 683 668 918 1,098
Short-Term Debt		 - - - - - - - - - 0.00 20
Accounts Payable		 694 649 678 755 1,313 1,364 679 683 668 693 772
Other Current Liabilities		 - - - - - - - - - 225 306
Total Noncurrent Liabilities		 2,000 2,712 3,565 1,790 1,866 1,757 1,981 1,643 1,610 1,594 2,168
Long-Term Debt		 841 1,914 575 764 1,143 1,316 1,053 1,049 1,184 1,338 1,776
Noncurrent Employee Benefit Liabilities		 304 383 196 195 215 221 214 177 206 228 364
Other Noncurrent Operating Liabilities		 855 415 796 831 508 220 714 417 220 29 29
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,232 1,634 1,140 863 725 811 663 733 898 1,079 1,145
Total Preferred & Common Equity		 634 1,184 634 768 675 754 620 670 885 899 972
Total Common Equity		 634 1,184 634 768 675 754 620 670 885 899 972
Common Stock		 1,112 1,666 1,767 2,212 2,276 2,379 2,456 2,565 2,110 2,316 2,538
Retained Earnings		 -290 -213 -859 -1,105 -1,253 -1,281 -1,172 -1,138 -1,119 -1,026 -910
Treasury Stock		 -212 -289 -304 -314 -315 -315 -624 -711 -67 -332 -615
Accumulated Other Comprehensive Income / (Loss)		 -25 -23 -10 -24 -33 -29 -41 -45 -39 -60 -41
Noncontrolling Interest		 598 450 506 95 50 57 44 64 13 181 173

Quarterly Balance Sheets for BGC Group

This table presents BGC Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025
Total Assets		 4,671 4,484 4,082 3,858 4,376 4,259 4,382 4,884 4,892 5,825
Total Current Assets		 473 493 535 566 572 573 569 972 838 784
Cash & Equivalents		 473 493 526 560 567 572 563 966 828 775
Accounts Receivable		 - - 9.00 6.08 5.25 1.56 5.46 5.81 11 9.08
Plant, Property, & Equipment, net		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets		 4,198 3,991 3,546 3,293 3,804 3,686 3,813 3,912 4,054 5,041
Long-Term Investments		 36 39 40 36 40 41 43 42 44 39
Noncurrent Note & Lease Receivables		 611 683 646 669 744 575 910 405 995 1,006
Goodwill		 487 502 503 501 507 505 506 541 626 649
Intangible Assets		 197 205 200 197 206 202 197 236 446 436
Other Noncurrent Operating Assets		 2,867 2,562 2,156 1,891 2,306 2,363 2,156 2,689 1,944 2,912
Total Liabilities & Shareholders' Equity		 4,671 4,484 4,082 3,858 4,376 4,259 4,382 4,884 4,892 5,825
Total Liabilities		 3,944 3,668 3,263 3,003 3,451 3,217 3,339 3,742 3,783 4,683
Total Current Liabilities		 698 692 624 627 664 657 695 696 1,556 822
Accounts Payable		 698 692 624 627 664 657 695 696 779 822
Total Noncurrent Liabilities		 3,246 2,976 2,639 2,375 2,787 2,560 2,644 3,045 2,227 3,862
Long-Term Debt		 1,050 1,122 1,394 1,183 945 1,441 1,441 1,689 1,918 1,837
Noncurrent Employee Benefit Liabilities		 181 177 177 174 170 194 187 189 310 307
Other Noncurrent Operating Liabilities		 2,015 1,678 1,068 1,017 1,672 925 1,016 1,168 - 1,717
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 711 801 819 856 925 1,042 1,043 1,143 1,109 1,142
Total Preferred & Common Equity		 652 728 733 844 912 858 860 964 930 965
Total Common Equity		 652 728 733 844 912 858 860 964 930 965
Common Stock		 2,532 2,610 2,673 2,065 2,168 2,172 2,229 2,354 2,408 2,466
Retained Earnings		 -1,137 -1,123 -1,146 -1,134 -1,075 -1,047 -1,042 -981 -933 -915
Treasury Stock		 -691 -715 -753 -40 -137 -217 -281 -355 -504 -546
Accumulated Other Comprehensive Income / (Loss)		 -53 -44 -41 -46 -43 -50 -46 -54 -41 -40
Noncontrolling Interest		 59 73 87 12 13 184 183 179 178 176

Annual Metrics And Ratios for BGC Group

This table displays calculated financial ratios and metrics derived from BGC Group's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 - - - - - - - - - - 468,747,805.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 468,747,805.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 0.33
Growth Metrics		 - - - - - - - - - - -
Profitability Metrics		 - - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)		 -1.34 124 -6,071 98 71 100 -81 47 22 57 85
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 2.65% 1.05% 2.37% 2.90%
Earnings before Interest and Taxes (EBIT)		 515 175 76 207 173 144 239 87 49 165 205
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 661 233 143 277 293 300 325 164 133 247 454
Valuation Ratios		 - - - - - - - - - - -
Leverage & Solvency		 - - - - - - - - - - -
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -1,114 -1,272 -6,102 1,946 -103 8.07 284 -79 -91 -221 -301
Efficiency Ratios		 - - - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,668 3,064 3,095 1,247 1,421 1,513 1,148 1,274 1,388 1,666 2,052
Increase / (Decrease) in Invested Capital		 1,113 1,396 31 -1,848 174 92 -365 126 113 278 386
Book Value per Share		 $2.53 $4.24 $2.19 $2.33 $1.94 $2.08 $1.68 $1.81 $1.78 $1.87 $2.07
Tangible Book Value per Share		 ($1.64) $0.24 ($0.42) ($0.11) ($0.52) ($0.25) ($0.20) ($0.03) $0.34 $0.24 ($0.22)
Total Capital		 2,130 3,600 1,761 1,651 1,891 2,148 1,735 1,798 2,082 2,417 2,941
Total Debt		 841 1,914 575 764 1,143 1,316 1,053 1,049 1,184 1,338 1,796
Total Long-Term Debt		 841 1,914 575 764 1,143 1,316 1,053 1,049 1,184 1,338 1,776
Net Debt		 379 1,378 -89 360 673 681 466 526 490 587 906
Capital Expenditures (CapEx)		 -72 -599 20 -54 73 73 53 59 60 73 67
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -694 -649 -678 -755 -1,313 -1,364 -679 -682 -665 -686 -1,073
Debt-free Net Working Capital (DFNWC)		 -231 -113 -165 -418 -897 -768 -126 -197 -9.83 26 -222
Net Working Capital (NWC)		 -231 -113 -165 -418 -897 -768 -126 -197 -9.83 26 -242
Net Nonoperating Expense (NNE)		 -319 -130 -6,153 -188 4.12 49 -235 -12 -17 -66 -61
Net Nonoperating Obligations (NNO)		 379 1,378 1,909 360 673 681 466 526 490 587 906
Total Depreciation and Amortization (D&A)		 146 59 66 70 121 157 85 78 84 83 248
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.52 $0.37 $0.18 $0.00 $0.00 $0.00 $0.33 $0.13 $0.08 $0.26 $0.31
Adjusted Weighted Average Basic Shares Outstanding		 243.46M 277.07M 287.38M 322.14M 344.33M 0.00 379.22M 371.56M 426.44M 473.39M 476.36M
Adjusted Diluted Earnings per Share		 $0.50 $0.36 $0.17 $0.00 $0.00 $0.00 $0.32 $0.13 $0.07 $0.25 $0.31
Adjusted Weighted Average Diluted Shares Outstanding		 335.39M 433.23M 454.26M 337.72M 354.87M 0.00 366.98M 373.83M 493.85M 482.88M 474.26M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $192,934,000.00 $286,628,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 272.70M 282.49M 306.24M 323.84M 524.55M 0.00 540.02M 499.41M 489.99M 479.14M 480.95M
Normalized Net Operating Profit after Tax (NOPAT)		 -1.34 124 198 98 71 100 -81 47 22 57 85
Debt Service Ratios		 - - - - - - - - - - -
Payout Ratios		 - - - - - - - - - - -

Quarterly Metrics And Ratios for BGC Group

This table displays calculated financial ratios and metrics derived from BGC Group's official financial filings.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
DEI Shares Outstanding		 - - - - - - - - - - 468,747,805.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 468,747,805.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 0.03
Growth Metrics		 - - - - - - - - - - -
Profitability Metrics		 - - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)		 -23 14 -0.80 35 34 9.10 -29 52 54 24 -25
Return On Investment Capital (ROIC_SIMPLE)		 - - -0.04% - - - -1.20% 1.83% 1.78% 0.82% -0.84%
Earnings before Interest and Taxes (EBIT)		 -34 22 14 89 52 17 5.50 78 73 31 24
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 12 55 -0.83 126 86 54 -18 101 100 121 132
Valuation Ratios		 - - - - - - - - - - -
Leverage & Solvency		 - - - - - - - - - - -
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -406 -162 -114 178 -189 -424 -307 -509 -231 -264 -411
Efficiency Ratios		 - - - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,647 1,444 1,388 1,263 1,870 1,877 1,666 1,824 2,155 2,165 2,052
Increase / (Decrease) in Invested Capital		 383 176 113 -143 223 433 278 561 285 288 386
Book Value per Share		 $1.91 $1.69 $1.78 $1.85 $1.74 $1.77 $1.87 $2.00 $1.91 $2.04 $2.07
Tangible Book Value per Share		 $0.07 $0.29 $0.34 $0.40 $0.31 $0.32 $0.24 $0.39 ($0.29) ($0.25) ($0.22)
Total Capital		 2,213 2,039 2,082 1,870 2,483 2,484 2,417 2,832 3,027 2,979 2,941
Total Debt		 1,394 1,183 1,184 945 1,441 1,441 1,338 1,689 1,918 1,837 1,796
Total Long-Term Debt		 1,394 1,183 1,184 945 1,441 1,441 1,338 1,689 1,918 1,837 1,776
Net Debt		 828 588 490 338 828 834 587 681 1,046 1,023 906
Capital Expenditures (CapEx)		 17 12 17 15 19 21 17 16 15 18 18
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -615 -621 -665 -659 -656 -689 -686 -690 -1,545 -813 -1,073
Debt-free Net Working Capital (DFNWC)		 -89 -62 -9.83 -92 -84 -126 26 276 -718 -38 -222
Net Working Capital (NWC)		 -89 -62 -9.83 -92 -84 -126 26 276 -718 -38 -242
Net Nonoperating Expense (NNE)		 -0.66 -4.71 -22 -14 -3.07 -4.62 -52 -1.51 -2.21 -1.75 -36
Net Nonoperating Obligations (NNO)		 828 588 490 338 828 834 587 681 1,046 1,023 906
Total Depreciation and Amortization (D&A)		 46 33 -14 36 33 36 -23 23 27 90 108
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.05) $0.03 $0.05 $0.10 $0.08 $0.03 $0.05 $0.11 $0.11 $0.06 $0.03
Adjusted Weighted Average Basic Shares Outstanding		 391.75M 468.54M 426.44M 470.52M 475.27M 473.44M 473.39M 479.17M 480.14M 474.64M 476.36M
Adjusted Diluted Earnings per Share		 ($0.05) $0.03 $0.04 $0.10 $0.08 $0.03 $0.04 $0.11 $0.11 $0.06 $0.03
Adjusted Weighted Average Diluted Shares Outstanding		 498.81M 496.24M 489.99M 493.35M 486.60M 479.72M 482.88M 488.17M 474.32M 468.75M 474.26M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 391.75M 477.55M 489.99M 477.97M 480.86M 478.65M 479.14M 485.55M 484.64M 478.48M 480.95M
Normalized Net Operating Profit after Tax (NOPAT)		 -23 14 -0.80 35 34 9.10 -29 52 54 24 -40
Debt Service Ratios		 - - - - - - - - - - -
Payout Ratios		 - - - - - - - - - - -

Financials Breakdown Chart

Key Financial Trends

Here is a data-driven look at BGC Group, Inc. (BGC) using the quarterly statements from the last four years. The bullets below highlight notable trends in revenue, profitability, cash flow, and leverage for retail investors.

  • Revenue growth over four years: Operating revenue rose from about $436.5 million in 2022 Q4 to $756.4 million in 2025 Q4, a roughly 73% increase, signaling a stronger top line over time.
  • 2025 mid-year profitability improvement: The company posted a quarterly net income of $56.2 million in 2025 Q2 (with Q1 at $53.4M and Q3 at $26.1M), indicating improved quarterly profitability through mid-2025.
  • Solid operating cash flow trend: Cash flow from continuing operations remained positive and sizable across periods, including $251.9 million in 2024 Q4 and $180.4 million in 2025 Q4, underscoring strong core cash generation.
  • Shareholder returns plus cash generation: Cash dividends per share stayed at $0.02 per quarter in 2025, and the combination of cash flow and modest capital spending in Q4 2025 implies meaningful free cash flow generation (roughly $160 million estimated for Q4 2025 after capex of about $17.9 million).
  • Gross margin presentation anomaly: In 2025 Q4, Total Cost of Revenue is listed as 0, making gross profit equal to revenue (about $756.4 million) for that quarter. This is unusual versus other quarters and may reflect accounting presentation rather than a literal zero cost of sales.
  • Debt levels showing a rising trend: Long-term debt hovered around the mid-to-high $1.8 billion range in 2025 (e.g., about $1.84–$1.92 billion), higher than levels seen a few years earlier, suggesting increased leverage over time.
  • Shares outstanding relatively stable: Weighted average shares outstanding have been in the mid- to high-470s millions, rising toward roughly 481 million in 2025, indicating modest dilution but generally stable ownership metrics.
  • Operating expenses pressure in a peak quarter: In 2025 Q4, Total Operating Expenses were about $813.4 million versus revenue of $756.4 million, suggesting a quarterly operating-margin compressing event for that period.
  • Working capital drain in key quarters: Changes in Operating Assets and Liabilities, net were very negative in 2025 Q4 (approximately −$1.3859 billion), indicating a substantial cash outflow tied to working capital movements.
  • Financing outflows tied to deleveraging and returns to shareholders: Net cash from financing activities was negative in several quarters (e.g., 2025 Q4 net financing cash outflow of about $142.0 million), reflecting ongoing debt repayments and share repurchases that reduced cash balances.
05/07/26 12:16 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About BGC Group's Financials

When does BGC Group's financial year end?

According to the most recent income statement we have on file, BGC Group's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has BGC Group's net income changed over the last 10 years?

BGC Group's net income appears to be on a downward trend, with a most recent value of $146.54 million in 2025, falling from $318.16 million in 2015. The previous period was $123.23 million in 2024. Check out BGC Group's forecast to explore projected trends and price targets.

What is BGC Group's operating income?
BGC Group's total operating income in 2025 was $124.29 million, based on the following breakdown:
  • Total Gross Profit: $2.94 billion
  • Total Operating Expenses: $2.82 billion
How has BGC Group's revenue changed over the last 10 years?

Over the last 10 years, BGC Group's total revenue changed from $2.78 billion in 2015 to $2.94 billion in 2025, a change of 5.7%.

How much debt does BGC Group have?

BGC Group's total liabilities were at $3.27 billion at the end of 2025, a 30.0% increase from 2024, and a 21.3% increase since 2015.

How much cash does BGC Group have?

In the past 10 years, BGC Group's cash and equivalents has ranged from $336.54 million in 2018 to $851.50 million in 2025, and is currently $851.50 million as of their latest financial filing in 2025.

How has BGC Group's book value per share changed over the last 10 years?

Over the last 10 years, BGC Group's book value per share changed from 2.53 in 2015 to 2.07 in 2025, a change of -17.9%.


Related Companies

Financial statements for NASDAQ:BGC last updated on 3/4/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
Your book attached
Your Download Link (Expiring) If you still haven't downloaded the free Simple Options Trading For Beginners...
Profits Run | Sponsoredtc pixel
Iran's New Leader Just Said Something That Should Terrify Every American
Iran's Supreme Leader has declared the Strait of Hormuz closed as leverage against the U.S. - and with 40% of ...
American Alternative | Sponsoredtc pixel
The Iran War Just Broke the Gold Market
The Iran war isn't just a geopolitical event. It's a financial one. Within hours of the strikes, oil surged...
Behind the Markets | Sponsoredtc pixel
BlackRock, JPMorgan, and Goldman are all stock piling the same asset… are you?
BlackRock, JPMorgan, Goldman Sachs, Fidelity, ARK Invest and Andreessen Horowitz are all buying the same asset...
Awesomely, LLC | Sponsoredtc pixel
SpaceX eyes a 1.75 trillion valuation - here's what to know
Elon Musk's team has quietly filed confidential paperwork with the SEC for what Bloomberg estimates could be a...
Brownstone Research | Sponsoredtc pixel
One executive order. The biggest wealth transfer of your lifetime.
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel
Nobody's Asking Where The SpaceX Money Comes From
When SpaceX goes public, fund managers will sell existing portfolio holdings to fund the move. Trillions in as...
Americas Gold Company | Sponsoredtc pixel
My feud with Zohran Mamdani
Emmy-winning analyst releases his next big story Whitney Tilson shocked the nation on 60 Minutes when he ac...
Stansberry Research | Sponsoredtc pixel