# BGC Group, Inc.: overview

BGC · Nasdaq · CIK 1094831 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/bgc.md) · [Financials](/companies/bgc/financials.md) · [Filings](/companies/bgc/filings.md) · [Insiders](/companies/bgc/insiders.md)

Latest reported revenue: [$695.6m](/filings/0001628280-26-055187.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 10, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-055187).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [449](/filings/0001628280-25-051029.md) | [475 d](/filings/0001628280-26-013162.md) | [535](/filings/0001628280-26-033499.md) | [648](/filings/0001628280-26-055187.md) | [621](/filings/0001628280-25-051029.md) | [639 d](/filings/0001628280-26-013162.md) | [798](/filings/0001628280-26-033499.md) | [696](/filings/0001628280-26-055187.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [3.3%](/filings/0001628280-25-051029.md) | [4.5% d](/filings/0001213900-26-048621.md) | [10.3%](/filings/0001628280-26-033499.md) | [8.9%](/filings/0001628280-26-055187.md) | [4.5%](/filings/0001628280-25-051029.md) | [2.3% d](/filings/0001628280-26-013162.md) | [10.5%](/filings/0001628280-26-033499.md) | [10.4%](/filings/0001628280-26-055187.md) |
| Diluted EPS | $ per share | [0.03](/filings/0001628280-25-051029.md) | not reported | [0.11](/filings/0001628280-26-033499.md) | [0.11](/filings/0001628280-26-055187.md) | [0.06](/filings/0001628280-25-051029.md) | not reported | [0.17](/filings/0001628280-26-033499.md) | [0.15](/filings/0001628280-26-055187.md) |
| Free cash flow | $m | [78.8 d](/filings/0001628280-25-051029.md) | [246 d](/filings/0001628280-26-013162.md) | [(4.4)](/filings/0001628280-26-033499.md) | [65.0 d](/filings/0001628280-26-055187.md) | [137 d](/filings/0001628280-25-051029.md) | [175 d](/filings/0001628280-26-013162.md) | [15.4](/filings/0001628280-26-033499.md) | [157 d](/filings/0001628280-26-055187.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,664](/filings/0001628280-24-007951.md) | [1,407](/filings/0001628280-25-009421.md) | [1,607](/filings/0001628280-26-013162.md) | [1,813](/filings/0001628280-26-013162.md) | [2,442](/filings/0001628280-26-013162.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [9.2%](/filings/0001213900-26-048621.md) | [4.2%](/filings/0001213900-26-048621.md) | [2.4%](/filings/0001213900-26-048621.md) | [6.8%](/filings/0001213900-26-048621.md) | [6.3%](/filings/0001628280-26-013162.md) |
| Diluted EPS | $ per share | [0.32](/filings/0001628280-24-007951.md) | [0.13](/filings/0001628280-25-009421.md) | [0.07](/filings/0001628280-26-013162.md) | [0.25](/filings/0001628280-26-013162.md) | [0.31](/filings/0001628280-26-013162.md) |
| Free cash flow | $m | [407](/filings/0001628280-24-007951.md) | [214](/filings/0001628280-25-009421.md) | [390](/filings/0001628280-26-013162.md) | [286](/filings/0001628280-26-013162.md) | [373](/filings/0001628280-26-013162.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/bgc/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $614.4m | 57,478,652 |  | Added +2,880,456 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $275.2m | 25,739,608 |  | Added +1,195,417 |
| [Rubric Capital Management LP](/funds/1687509.md) | 2026-06-30 | $254.4m | 23,800,000 |  | Added +500,000 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $178.0m | 16,647,701 |  | Added +332,041 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $164.0m | 15,344,534 |  | Added +862,574 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $113.3m | 10,600,823 |  | Added +1,954,237 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $104.0m | 9,724,963 |  | Added +746,504 |
| [Nuveen, LLC](/funds/1871926.md) | 2026-06-30 | $98.9m | 9,255,272 |  | Added +62,883 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $88.2m | 8,250,750 |  | Added +347,411 |
| [Boston Partners](/funds/1386060.md) | 2026-06-30 | $77.4m | 7,226,432 |  | Reduced −59,509 |

## Recent filings

[All 1,177 filings](/companies/bgc/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-08 | 20:13 ET | [DEF 14A](/filings/0001213900-26-107974.md) | Proxy statement, period 2026-11-17 | 0001213900-26-107974 |
| 2026-09-28 | 12:03 ET | [8-K](/filings/0001628280-26-063655.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-063655 |
| 2026-08-10 | 20:00 ET | [10-Q](/filings/0001628280-26-055187.md) | Quarterly report, period 2026-06-30 | 0001628280-26-055187 |
| 2026-07-30 | 12:03 ET | [8-K](/filings/0001628280-26-050814.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-050814 |
| 2026-06-25 | 12:07 ET | [8-K](/filings/0001628280-26-045358.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-045358 |
| 2026-05-15 | 20:18 ET | [8-K](/filings/0001213900-26-057808.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 8.01 Other events; 9.01 Financial statements and exhibits | 0001213900-26-057808 |
| 2026-05-11 | 20:15 ET | [10-Q](/filings/0001628280-26-033499.md) | Quarterly report, period 2026-03-31 | 0001628280-26-033499 |
| 2026-05-07 | 12:11 ET | [8-K](/filings/0001628280-26-031724.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-031724 |
| 2026-04-28 | 20:53 ET | [10-K/A](/filings/0001213900-26-048621.md) | Annual report, amended, period 2025-12-31 | 0001213900-26-048621 |
| 2026-03-26 | 20:13 ET | [8-K](/filings/0001628280-26-021427.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-021427 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-013162.md), filed Mar 2, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/a20fa034-f097-4828-9208-6a0fb2cbbd84)

## About the filer

- CIK: 1094831
- Tickers: BGC
- Exchange: Nasdaq
- SIC code: 6200 Security & Commodity Brokers, Dealers, Exchanges & Services
- State of incorporation: not reported
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:33 ET. No prices; not investment advice.