BGC Group, Inc. (BGC) FY2025 10-K Annual Report

Filed: Mar 2, 2026
Financials
Security & Commodity Brokers, Dealers, Exchanges & ServicesSEC EDGAR

BGC Group, Inc. (BGC) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Mar 2, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

BGC Group, Inc. FY2025 10-K Analysis

Business Overview

  • Core business model: Brokerage and financial services platform specializing in multi-asset brokerage revenues and market data services
  • New emphasis on integration of acquired OTC Global, significantly boosting ECS revenues by 88.4% and front-office headcount by 16.1% to 2,510 personnel
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Management Discussion & Analysis

  • Revenue and YoY change: Not disclosed in provided text
  • Profitability/margin change: Not disclosed in provided text
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Risk Factors

  • Regulatory risk: Potential new U.S. SEC and CFTC regulations on cryptocurrency offerings could impose licensing and reserve requirements, delaying product launches and increasing compliance burdens
  • Geopolitical threat: Impact from 2025 U.S. sovereign credit rating downgrade by Moody’s causing financial market volatility and adverse effects on business and cash flows
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BGC Group, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$2.4B

+34.7% YoY

Net Income

$155M

+22.0% YoY

Net Margin

6.3%

-66bp YoY

ROE

15.9%

+180bp YoY

Total Assets

$4.4B

+22.8% YoY

EPS (Diluted)

$0.31

+24.0% YoY

Operating Cash Flow

$394M

+25.1% YoY

Source: XBRL data from BGC Group, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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