BGC Group, Inc logo

BGC Group, Inc

BGC

NASDAQFinancial ServicesFinancial - Capital Markets

Previous close

$11.85

+$0.97 · +8.92%

Aug 21, 4:00 PM ET

Pre-market

$11.95

+$0.10 · +0.84%

Aug 24, 4:00 AM ET

BGC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

83

Deep Value

Momentum

50

Neutral

Sentiment

51

Mixed

Risk resilience

57

Elevated Risk

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Company profile

Company website

BGC Group, Inc. is a global financial services enterprise that specializes in both brokerage and advanced technology solutions, operating across the United States and internationally. The company facilitates transactions for an extensive array of financial products, including various fixed-income instruments like government and corporate bonds, other debt instruments, and their corresponding interest rate and credit derivatives. Their offerings also span equities, energy commodities, shipping, insurance products, and a range of futures and options. Beyond traditional brokerage, BGC provides a comprehensive suite of services, encompassing trade execution, robust connectivity, clearing operations, trade compression, and other crucial post-trade functions. They also deliver vital market information and essential back-office support to a diverse clientele. Technologically, BGC develops and deploys advanced electronic and hybrid brokerage systems, alongside other bespoke financial technology solutions. This includes offering valuable market data, related information services, and sophisticated analytics pertaining to financial instruments and market trends. Their integrated platform is engineered to offer clients significant flexibility in price discovery, trade execution, and transaction processing. Customers can choose from voice-assisted, hybrid, or fully electronic brokerage services for transactions conducted either over-the-counter (OTC) or via established exchanges. The firm primarily caters to a broad spectrum of institutional clients, including leading banks, broker-dealers, investment banks, trading entities, hedge funds, and other investment firms, in addition to governmental bodies and major corporations. BGC Group, Inc. was established in 1945 and maintains its corporate headquarters in New York, New York.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
US
CEO
Sean A. Windeatt
Listed since
Dec 10, 1999
Employees
4,547

Market position

Day range

Current $11.85

52-week range

Current $11.85

Open
$11.16
Previous close
$10.88
Volume
5.22M
1.63× average
Average volume
3.2M
Average daily volume
Market cap
5.62B USD
Beta
0.96
Market reference 1
50-day average
$11.291
+4.95% above average
200-day average
$10.1299
+16.98% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.18B USD
P/E (TTM)
28.46×
P/B (TTM)
5.09×
P/S (TTM)
1.67×
EV / EBITDA
11.71×
Earnings yield
3.64%
Free cash flow yield
6.30%
Dividend yield
0.68%

Profitability & efficiency

Gross margin
79.98%
Operating margin
11.93%
Net margin
5.91%
Return on equity
15.93%
Return on assets
3.52%
Return on invested capital
4.92%

Financial health

Debt / equity
1.6×
Current ratio
89.14×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends99%62%26%-11%Gross margin, FY2021: 31.77%Gross margin, FY2022: 47.18%Gross margin, FY2023: 45.11%Gross margin, FY2024: 44.39%Gross margin, FY2025: 89.54%Operating margin, FY2021: -1.74%Operating margin, FY2022: 11.42%Operating margin, FY2023: 7.00%Operating margin, FY2024: 8.39%Operating margin, FY2025: 10.52%Net margin, FY2021: 6.22%Net margin, FY2022: 2.75%Net margin, FY2023: 1.83%Net margin, FY2024: 5.75%Net margin, FY2025: 5.15%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 31.77%. Gross margin FY2022 47.18%. Gross margin FY2023 45.11%. Gross margin FY2024 44.39%. Gross margin FY2025 89.54%. Operating margin FY2021 -1.74%. Operating margin FY2022 11.42%. Operating margin FY2023 7.00%. Operating margin FY2024 8.39%. Operating margin FY2025 10.52%. Net margin FY2021 6.22%. Net margin FY2022 2.75%. Net margin FY2023 1.83%. Net margin FY2024 5.75%. Net margin FY2025 5.15%.

Income trends

Revenue

3.01B USD+36.33%

Operating income

316.33M USD+70.89%

Net income

154.96M USD+22.03%
Income trends across reported periods3.31B USD2.1B USD878.23M USD−338.89M USDRevenue, FY2021: 1.99B USDRevenue, FY2022: 1.77B USDRevenue, FY2023: 1.98B USDRevenue, FY2024: 2.21B USDRevenue, FY2025: 3.01B USDOperating income, FY2021: −34.61M USDOperating income, FY2022: 202.54M USDOperating income, FY2023: 138.66M USDOperating income, FY2024: 185.1M USDOperating income, FY2025: 316.33M USDNet income, FY2021: 124.01M USDNet income, FY2022: 48.71M USDNet income, FY2023: 36.27M USDNet income, FY2024: 126.99M USDNet income, FY2025: 154.96M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.99B USD. Revenue FY2022 1.77B USD. Revenue FY2023 1.98B USD. Revenue FY2024 2.21B USD. Revenue FY2025 3.01B USD. Operating income FY2021 −34.61M USD. Operating income FY2022 202.54M USD. Operating income FY2023 138.66M USD. Operating income FY2024 185.1M USD. Operating income FY2025 316.33M USD. Net income FY2021 124.01M USD. Net income FY2022 48.71M USD. Net income FY2023 36.27M USD. Net income FY2024 126.99M USD. Net income FY2025 154.96M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.01B USD2.21B USD1.98B USD1.77B USD1.99B USD
Cost of goods sold314.58M USD1.23B USD1.09B USD937.1M USD1.36B USD
Gross profit2.69B USD979.52M USD893.2M USD837.19M USD633.31M USD
Research and development40.1M USD37.1M USD34.9M USD
Selling, general, and administrative172.27M USD135.42M USD754.55M USD634.65M USD667.92M USD
Operating expenses2.38B USD794.42M USD754.55M USD634.65M USD667.92M USD
Interest income53.83M USD56.22M USD45.42M USD21.01M USD21.98M USD
Interest expense125.32M USD91.08M USD77.23M USD57.93M USD69.33M USD
Depreciation and amortization103.01M USD81.43M USD80.42M USD75.05M USD81.87M USD
Operating income316.33M USD185.1M USD138.66M USD202.54M USD−34.61M USD
Net income154.96M USD126.99M USD36.27M USD48.71M USD124.01M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 1 miss, 5 met estimates
Average EPS surprise
+0.65%
11 comparable reports
Latest EPS result
0.35
Estimate 0.34 · Beat by 4.48%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.450.370.280.2Q1 '25MetQ2 '25MetQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MetQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 14, 2025: actual 0.25, estimate 0.25, surprise 0.00%, Met estimate. Q2 2025, reported May 7, 2025: actual 0.29, estimate 0.29, surprise 0.00%, Met estimate. Q3 2025, reported Jul 31, 2025: actual 0.23, estimate 0.31, surprise -25.81%, Miss. Q4 2025, reported Nov 6, 2025: actual 0.29, estimate 0.28, surprise +3.57%, Beat. Q1 2026, reported Feb 12, 2026: actual 0.31, estimate 0.29, surprise +6.90%, Beat. Q2 2026, reported May 7, 2026: actual 0.41, estimate 0.41, surprise 0.00%, Met estimate. Q3 2026, reported Jul 30, 2026: actual 0.35, estimate 0.335, surprise +4.48%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.33, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates993.7M836.38M679.06M521.74MQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 14, 2025: actual 559.96M USD, estimate 646M USD, surprise -13.32%, Miss. Q2 2025, reported May 7, 2025: actual 652.61M USD, estimate 652.79M USD, surprise -0.03%, Miss. Q3 2025, reported Jul 31, 2025: actual 784M USD, estimate 768.68M USD, surprise +1.99%, Beat. Q4 2025, reported Nov 6, 2025: actual 722.81M USD, estimate 746.95M USD, surprise -3.23%, Miss. Q1 2026, reported Feb 12, 2026: actual 756.37M USD, estimate 750.87M USD, surprise +0.73%, Beat. Q2 2026, reported May 7, 2026: actual 955.48M USD, estimate 923.36M USD, surprise +3.48%, Beat. Q3 2026, reported Jul 30, 2026: actual 845.55M USD, estimate 812.77M USD, surprise +4.03%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 821.91M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$11.50

2.95% downside
Past 12 months12-month forecastHigh $11.50Average $11.50Low $11.50

BGC news

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