← BGC Group, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.6b |
$3.4b
+28.35%
|
$1.6b
-52.30%
|
$1.8b
+10.10%
|
$1.7b
-4.03%
|
$1.7b
-1.58%
|
$1.4b
-15.44%
|
$2.0b
+43.98%
|
$2.3b
+11.72%
|
$2.9b
+29.99%
|
$3.2b
+9.81%
|
|
| Other revenues | $5.3m | $3.8m | $10.7m | $15.6m | $17.4m | $18.9m | $16.4m | $19.9m | $20.7m | $31.6m | — | |
| Marketing and Advertising Expense | $97.9m | $114.9m | $69.3m | $81.6m | $38.2m | $38.0m | $49.2m | $61.9m | $70.5m | $105.2m | — | |
| Amortization of Intangible Assets | $20.1m | $31.0m | $27.3m | $29.4m | $28.3m | $23.3m | $15.7m | $16.0m | $19.6m | $35.5m | — | |
| Operating Lease, Expense | — | — | — | — | — | $49.4m | $40.2m | $41.5m | $38.7m | $41.1m | — | |
| Operating Expenses | $2.5b | $3.2b | $1.8b | $2.0b | $2.0b | $2.2b | $1.7b | $2.0b | $2.2b | $2.8b | $2.9b | |
| Interest Expense | $57.6m | $102.5m | $41.7m | $59.1m | $76.6m | $69.3m | $57.9m | $77.2m | $91.1m | $125.3m | $132.1m | |
| Interest Income, Operating | $12.3m |
$51.1m
+316.45%
|
$14.4m | $18.3m |
$12.3m
-32.68%
|
$22.0m
+78.21%
|
$21.0m
-4.41%
|
$45.4m
+116.22%
|
$56.2m
+23.78%
|
$53.8m
-4.27%
|
$64.2m | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | $2.2m | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $97.6m | $97.9m | $50.5m | $33.0m | $1.6m | $19.7m | $9.4m | $16.0m | $45.4m | $14.4m | — | |
| Income (Loss) from Equity Method Investments | $3.5m | $6.2m | $7.4m | $4.1m | $5.0m | $6.7m | $10.9m | $9.2m | $8.4m | $8.3m | — | |
| Nonoperating Income (Expense) | $108.2m | $104.7m | $57.8m | $55.5m | $7.0m | $339.4m | $19.3m | $25.1m | $92.6m | $89.5m | — | |
| Other Expenses | $83.9m | $198.6m | $64.3m | $107.4m | $88.9m | $80.9m | $87.4m | $74.3m | $69.7m | $104.8m | — | |
| Other Income | $5.3m | $3.8m | $10.7m | $15.6m | $17.4m | $18.9m | $16.4m | $19.9m | $20.7m | $31.6m | — | |
| Gains (losses) on equity method investments | $3.5m | $6.2m | $7.4m | $4.1m | $5.0m | $6.7m | $10.9m | $9.2m | $8.4m | $8.3m | — | |
| Other income (loss) | $97.6m | $97.9m | $50.5m | $33.0m | $1.6m | $19.7m | $9.4m | $16.0m | $45.4m | $14.4m | ($27.7m) | |
| Total other income (losses), net | $108.2m | $104.7m | $57.8m | $55.5m | $7.0m | $339.4m | $19.3m | $25.1m | $92.6m | $89.5m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $13.7m | $73.7m | ($141.1m) | ($195.5m) | ($206.3m) | ($642.4m) | ($286.8m) | ($383.9m) | ($143.2m) | ($476.4m) | $272.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $188.3m | $232.0m | $179.8m | $138.1m | $77.9m | $176.5m | $97.5m | $57.7m | $173.1m | $213.7m | $272.9m | |
| Provision (benefit) for income taxes | $60.3m | $150.3m | $76.1m | $53.2m | $21.3m | $23.0m | $38.6m | $18.9m | $49.9m | $67.2m | — | |
| Current Income Tax Expense (Benefit) | $93.5m | $86.0m | $98.8m | $55.0m | $37.9m | $35.0m | $53.2m | $79.5m | $119.7m | $82.2m | $83.7m | |
| Equity-based compensation and allocations of net income to limited partnership units and FPUs | — | $233.2m | $205.1m | $165.6m | $183.5m | $256.2m | $251.1m | $355.4m | $369.1m | $329.6m | — | |
| Consolidated net income (loss) | $128.0m | $81.7m | $279.9m | $84.9m | $56.6m | $153.5m | $58.9m | $38.8m | $123.2m | $146.5m | — | |
| Net income (loss) for fully diluted shares | $157.7m | $75.3m | — | $58.9m | $64.8m | $174.0m | $63.5m | $33.9m | $121.3m | $148.7m | $190.9m | |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | $102.5m | $51.5m | $73.7m | $55.7m | $48.9m | $124.0m | $48.7m | $34.1m | $121.2m | $148.6m | $190.9m | |
| Net Income (Loss) Attributable to Parent | $102.5m |
$51.5m
-49.77%
|
$197.5m
+283.72%
|
$55.7m
-71.80%
|
$48.9m
-12.20%
|
$124.0m
+153.55%
|
$48.7m
-60.72%
|
$39k
-99.92%
|
$123.2m
+317702.71%
|
$155.0m
+25.75%
|
$190.9m
+23.17%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $25.5m | $30.3m | — | $22.9m | $5.9m | $29.5m | $10.2m | $2.5m | ($3.8m) | ($8.4m) | $190.9m | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | $0 | $0 | $0 | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Earnings Per Share, Basic | $0.37 | $0.18 | $0.60 | $0.16 | $0.14 | $0.33 | $0.13 | $0.08 | $0.26 | $0.31 | $0.41 | |
| Earnings Per Share, Diluted | $0.36 | $0.17 | — | $0.12 | $0.12 | $0.32 | $0.13 | $0.07 | $0.25 | $0.31 | $0.40 | |
| Common Stock, Dividends, Per Share, Declared | $0.62 | $0.70 | $0.72 | $0.56 | $0.17 | $0.04 | $0.04 | $0.04 | $0.07 | $0.08 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 277.1m | 287.4m | 322.1m | 344.3m | 361.7m | 379.2m | 371.6m | 426.4m | 473.4m | 476.4m | 474.0m | |
| Basic weighted-average shares of common stock outstanding (in shares) | 277.1m | 287.4m | 322.1m | 344.3m | 361.7m | 379.2m | 371.6m | 426.4m | 473.4m | 476.4m | — | |
| Fully diluted weighted-average shares of common stock outstanding (in shares) | 433.2m | 454.3m | 323.8m | 524.5m | 546.8m | 540.0m | 499.4m | 490.0m | 479.1m | 480.9m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 433.2m | 454.3m | 323.8m | 524.5m | 546.8m | 540.0m | 499.4m | 490.0m | 479.1m | 480.9m | 477.9m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | — | — | $400k | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | $0 | $0 | $0 | $0 | $2.5m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | — | — | |
| Commissions | $2.0b | $2.3b | $1.5b | $1.6b | $1.6b | $1.5b | $1.3b | $1.5b | $1.6b | $2.3b | — | |
| Principal transactions | $325.5m | $317.9m | $313.1m | $321.9m | $351.6m | $327.8m | $365.5m | $368.1m | $389.4m | $440.8m | — | |
| Fees from related parties | $24.2m | $28.5m | $24.1m | $29.4m | $25.8m | $14.9m | $14.7m | $16.0m | $20.7m | $18.7m | — | |
| Data, network and post-trade | — | — | — | — | — | $90.0m | $96.4m | $111.5m | $127.0m | $139.0m | — | |
| Interest and dividend income | $12.3m |
$51.1m
+316.45%
|
$14.4m
-71.81%
|
$18.3m
+27.18%
|
$12.3m
-32.68%
|
$22.0m
+78.21%
|
$21.0m
-4.41%
|
$45.4m
+116.22%
|
$56.2m
+23.78%
|
$53.8m
-4.27%
|
— | |
| Compensation and employee benefits | $1.7b | $2.0b | $1.0b | $1.1b | $1.1b | $1.3b | $853.2m | $992.6m | $1.1b | $1.7b | — | |
| Occupancy and equipment | $199.8m | $205.3m | $149.6m | $184.8m | $189.3m | $188.3m | $157.5m | $162.7m | $169.2m | $184.2m | — | |
| Fees to related parties | $23.9m | $29.0m | $20.2m | $19.4m | $23.2m | $24.0m | $25.7m | $32.6m | $32.5m | $38.3m | — | |
| Professional and consulting fees | $60.9m | $97.6m | $84.1m | $92.2m | $73.5m | $67.9m | $68.8m | $60.4m | $64.9m | $67.0m | — | |
| Communications | $124.1m | $131.2m | $118.0m | $120.0m | $121.6m | $117.5m | $108.1m | $114.1m | $120.6m | $136.4m | — | |
| Selling and promotion | $97.9m | $114.9m | $69.3m | $81.6m | $38.2m | $38.0m | $49.2m | $61.9m | $70.5m | $105.2m | — | |
| Commissions and floor brokerage | $37.9m | $44.1m | $61.9m | $63.6m | $59.4m | $64.7m | $58.3m | $61.5m | $70.8m | $70.3m | — | |
| Gains (losses) on divestitures and sale of investments | — | — | — | $18.4m | $394k | $312.9m | ($1.0m) | $0 | $38.8m | $66.7m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $103.7m | $84.9m | $56.6m | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $176.2m | — | — | — | — | — | — | — | — | |
| Total compensation and employee benefits | $1.8b | $2.3b | $1.2b | $1.3b | $1.3b | $1.5b | $1.1b | $1.3b | $1.5b | $2.0b | — | |
| Total expenses | $2.5b | $3.2b | $1.8b | $2.0b | $2.0b | $2.2b | $1.7b | $2.0b | $2.2b | $2.8b | $2.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.