← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
BGC grew revenue, net income, and free cash flow, but debt and capital returns also increased.
The read at a glance✓ Audited against SEC data
- Business mix — Brokerage, Fenics, and FMX market infrastructureNote
- Revenue — $2.44B, up 34.7%OK
- Profit — Net income up 25.8%OK
- Cash — Free cash flow up 30.5%OK
- Capital — Debt up 34.7%Watch
- Insiders — 3 purchases / 3 sales; cluster flagOK
- Accounting — Altman-Z, Beneish-M, and earnings-quality unavailableNote
Business
BGC provides brokerage and market-infrastructure services across voice, hybrid, and electronic markets, including Fenics and FMX-related platforms.
Where the revenue comes from
Fiscal 2025, as BGC Group, Inc. reports it. History and quarterly detail are in the app.
- Total brokerage revenues$2.7B
- Commissions$2.3B
- Total other revenues$243.1M
- Data, network and post-trade$139.0M
- Fees from related parties$18.7M
Leadership changes
From BGC Group, Inc.'s own filings, the day they're filed.
- Brandon Lutnick Appointed · Directors · appointmenteff. 2025-02-18
- Brandon Lutnick · Directors · appointmenteff. 2025-02-18
- Following Howard Lutnick · appointmenteff. 2025-02-18
Latest filings
- 10-Q · Quarterly report2026-08-10
- 8-K · Company announcement2026-07-30
- 8-K · Company announcement2026-06-25
- 8-K · Company announcement2026-05-15
- 10-Q · Quarterly report2026-05-11
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about BGC Group, Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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