BGC Group BGC
BGC Group Group reports Q3 2026 results
Item 2.02 Reports results
- Form
- 8-K
- Filed
- Importance
- Major
- Accession
- 0001628280-26-070614
- No specific financial figures provided in the text
- Forward-looking statements included
Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.
The reading, claim by claim
- On November 5, 2026 , BGC Group, Inc. (the "Registrant," "we," "us," "BGC Group," "BGC," or the "Company") issued a press release announcing its financial results for the quarter ended September 30, 2026.
- Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
- "We delivered record third quarter revenues of $833 million, up 13 percent, led by double-digit growth in ECS, Rates, Foreign Exchange and Equities.
3 of 4 claims matched the filing text.
Not found in the filing text
- BGC generated record third quarter revenues of $832.6 million, up 13.0 percent, reflecting growth across all geographies. – ECS revenues grew by 18.8 percent to $287.1 million, driven by strong growth across shipping, environmental, and crude oil businesses, partially offset by lower refined product volumes.
For perspective, checked against its own source
From the 10-Q for the quarter ended June 30, 2026
- For the quarter ended June 30, 2026, BGC Group, Inc. reported: Revenue $695.6 million.
- Net income $72.5 million.
- Net margin 10.4%.
- Revenue change from a year earlier +7.3%.
From the filing
Item 2.02. Results of Operations and Financial Condition.
Item 2.02. Results of Operations and Financial Condition.
On November 5, 2026 , BGC Group, Inc. (the "Registrant," "we," "us," "BGC Group," "BGC," or the "Company") issued a press release announcing its financial results for the quarter ended September 30, 2026.1 A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Except as indicated below, the information in this Item 2.02 and Exhibit 99.1 attached to this Current Report on Form 8-K are being furnished under Item 2.02 of Form 8-K. Such information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing and as set forth below.
Discussion of Forward-Looking Statements about BGC
Statements in the press release in Exhibit 99.1 of this Current Report on Form 8-K regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
Filed Information
The information set forth under the heading "Dividend Information" set forth in Exhibit 99.1 to this Current Report on Form 8-K is being filed under Item 2.02 of Form 8-K and shall be deemed incorporated by reference in any filing under the Securities Act, except as expressly set forth by specific reference in such filing. All other information set forth in Exhibit 99.1 is being furnished.
Item 9.01. Financial Statements and Exhibits.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The exhibit index set forth below is incorporated by reference in response to this Item 9.01.
EXHIBIT INDEX
Exhibit
Number
Description
99.1 BGC Group, Inc. press release dated Nove mber 5 , 2026
104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
SIGNATURES
BGC Group, Inc.
Date: November 5, 2026
By: /s/ Sean A. Windeatt
Name: Sean A. Windeatt
Title: Co-Chief Executive Officer
[Signature Page to Form 8-K, dated November 5, 2026 , regarding BGC's third quarter ended September 30, 2026 Earnings Release]
BGC GROUP, INC.
Third Quarter 2026 Results
EXHIBIT 99.1
BGC Group Reports Third Quarter 2026 Financial Results
NEW YORK – November 5, 2026 – BGC Group, Inc. (Nasdaq: BGC) today reported its financial results for the quarter ended September 30, 2026. 1
"We delivered record third quarter revenues of $833 million, up 13 percent, led by double-digit growth in ECS, Rates, Foreign Exchange and Equities.3 1 This strong growth drove both GAAP and Adjusted Earnings to all-time highs for the third quarter and the first nine months of the year.
In addition to our record financial performance, we continue to develop technology that we believe will shape the future of our markets, from our first fully AI-brokered institutional trade to our prediction markets partnership with Fanatics. In August, FMX listed the full U.S. Treasury futures curve, which drove volumes to new all-time highs in September.
"As we announced earlier this week, JP Aubin will become Vice Chairman and will step down as Co-Chief Executive Officer at year-end. Sean and I look forward to JP helping us drive the growth of BGC in his new role."
— John Abularrage, Co-Chief Executive Officer
SELECT FINANCIAL RESULTS 2
Highlights of Consolidated Results (USD millions)
% Change
Revenues
$832.6
$736.8
13.0%
GAAP income from operations before income taxes
98.1
33.5
192.7%
GAAP net income for fully diluted shares
68.7
26.8
156.7%
Adjusted Earnings before noncontrolling interest in subsidiaries and taxes
187.5
155.1
20.9%
Post-tax Adjusted Earnings
165.9
141.1
17.5%
Adjusted EBITDA
249.5
167.6
48.9%
Per Share Results
% Change
GAAP fully diluted earnings per share
$0.14
$0.06
133.3%
Post-tax Adjusted Earnings per share
$0.34
$0.29
17.2%
1 All references herein to "record" and "all-time high" results are to BGC standalone financial results, excluding Newmark prior to the spin-off in November 2018.
2 U.S. Generally Accepted Accounting Principles is referred to as "GAAP." "GAAP income before income taxes and noncontrolling interest" and "Adjusted Earnings before noncontrolling interest in subsidiaries and taxes" may be used interchangeably with "GAAP pre-tax income" and "pre-tax Adjusted Earnings," respectively. See the sections of this document including "Timing of Outlook for Certain GAAP and Non-GAAP Items," "Non-GAAP Financial Measures," "Adjusted Earnings Defined," "Reconciliation of GAAP Income (Loss) from Operations before Income Taxes to Adjusted Earnings and GAAP Fully Diluted EPS to Post-Tax Adjusted EPS," "Fully Diluted Weighted-Average Share Count under GAAP and for Adjusted Earnings," "Adjusted EBITDA Defined," "Reconciliation of GAAP Net Income (Loss) Available to Common Stockholders to Adjusted EBITDA," "Liquidity Analysis," and "Constant Currency Defined," including any footnotes to these sections, for the complete and updated definitions of these non-GAAP terms and how, when and why management uses them, as well as for the differences between results under GAAP and non-GAAP for the periods discussed herein.
Page 1
BGC GROUP, INC.
Third Quarter 2026 Results
REVENUES
Consolidated Revenues (USD millions)
% Change
ECS ("Energy, Commodities, and Shipping")
$287.1
$241.6
18.8%
Rates
219.6
195.3
12.4%
Foreign Exchange
121.5
106.7
13.9%
Credit
67.4
69.1
(2.5)%
Equities
77.3
60.4
28.0%
Total Brokerage Revenues
$772.8
$673.1
14.8%
Data, Network, and Post-trade
36.1
34.3
5.1%
Data, Network, and Post-trade (excluding kACE)
36.1
29.8
21.2%
Interest and dividend income, Fees from related parties & Other revenues
23.6
29.4
(19.7)%
Total Revenues
$832.6
$736.8
13.0%
BGC generated record third quarter revenues of $832.6 million, up 13.0 percent, reflecting growth across all geographies. EMEA, Americas and APAC grew revenues by 15.7 percent, 12.3 percent and 3.4 percent, respectively.
Total brokerage revenues grew by 14.8 percent in the third quarter of 2026:
– ECS revenues grew by 18.8 percent to $287.1 million, driven by strong growth across shipping, environmental, and crude oil businesses, partially offset by lower refined product volumes.
– Rates revenues increased by 12.4 percent to $219.6 million, reflecting higher volumes across G10 government bonds, inflation products, and emerging market rates.
– Foreign Exchange revenues were up 13.9 percent to $121.5 million, primarily due to strong volume growth in emerging markets, G10 forwards, and Macro Hive.
– Credit revenues decreased by 2.5 percent to $67.4 million, due to lower emerging market and European credit volumes, partially offset by strong CDS activity.
– Equities revenues grew by 28.0 percent to $77.3 million, reflecting strong growth across U.S. and European equities, and private markets. In September, BGC completed its first-ever AI-brokered institutional trade in listed equity derivatives, using autonomous AI-powered systems to manage the trading workflow from price discovery through execution.
Data, Network, and Post-trade revenues increased by 5.1 percent to $36.1 million, driven by Lucera and Fenics Market Data, partially offset by kACE, which BGC sold in the fourth quarter of 2025. Excluding kACE, revenues grew by 21.2 percent.
In
Similar companies
Companies of similar size in SIC 6200 and related industry codes: the same peer list as the financial tables.
- StoneX Group SNEX public float $2.8B, Mar 31, 2025, over 18 months old
- Tradeweb Markets TW public float $16.9B, Jun 30, 2025
- Cboe Global Markets CBOE public float $24.4B, Jun 30, 2025
- LPL Financial Holdings LPLA public float $29.9B, Jun 30, 2025
- Nasdaq NDAQ public float $40.6B, Jun 30, 2025
