Nov 5, 8:02 AM ET
BGC Group reported record third-quarter 2026 revenue of $832.6 million, up 13.0% from a year earlier, and GAAP net income for fully diluted shares of $68.7 million, up from $26.8 million. The company also gave fourth-quarter 2026 revenue guidance of $805 million to $865 million and said co-CEO JP Aubin will step down at year-end and become Vice Chairman.
- Q3 2026 revenues $832.6 million, up 13.0%; GAAP diluted EPS $0.14 vs. $0.06 a year earlier
- Q3 2026 GAAP income before income taxes $98.1 million vs. $33.5 million; post-tax Adjusted EPS $0.34 vs. $0.29
- Q4 2026 guidance: revenues $805 million to $865 million; pre-tax Adjusted Earnings $178 million to $196 million
- JP Aubin to step down as Co-Chief Executive Officer at year-end and become Vice Chairman; quarterly dividend of $0.02 per share payable December 9, 2026
Read the filing on SEC.gov ↗
Nov 3, 8:12 AM ET
BGC Group announced that JP Aubin will step down from his Co-Chief Executive Officer role, his CEO of EMEA role, his Co-Global Head of Financial Services Brokerage role, and his executive officer position, effective at the close of business on December 31, 2026, when he becomes Vice Chairman. John J. Abularrage and Sean A. Windeatt will continue as Co-CEOs overseeing all regions and businesses, and the company says its strategy is unchanged. The filing contains no financial figures, so the change's effect on results is not quantified.
- Effective date: close of business on December 31, 2026, when Aubin becomes Vice Chairman and reports to the Co-CEOs
- Aubin steps down as Co-CEO, CEO of EMEA, Co-Global Head of Financial Services Brokerage, and executive officer
- John J. Abularrage and Sean A. Windeatt continue as Co-CEOs overseeing all regions and businesses
- Employment agreement amendment with BGC Brokers LP, Succursale de Genève dated October 28, 2026; press release issued November 3, 2026
Read the filing on SEC.gov ↗
Jul 30, 8:03 AM ET
BGC Group reported second-quarter 2026 revenue of $845.5 million, up 7.8% from a year earlier, and GAAP pre-tax income of $98.9 million, up 31.4%. GAAP fully diluted EPS rose to $0.15 from $0.11, and post-tax Adjusted EPS rose 12.9% to $0.35, while the company also gave third-quarter 2026 revenue guidance of $775 million to $835 million.
- Revenues $845.5 million vs $784.0 million; brokerage revenues up 7.2% to $771.4 million
- GAAP fully diluted EPS $0.15 vs $0.11; post-tax Adjusted EPS $0.35 vs $0.31
- GAAP non-compensation expenses rose 17.4%, including an increased reserve related to a UK tax matter
- Q3 2026 guidance: revenues $775 million to $835 million; pre-tax Adjusted Earnings $172 million to $190 million
Read the filing on SEC.gov ↗
May 15, 4:18 PM ET
On May 15, 2026, BGC Group entered into a Third Amended and Restated Credit Agreement with Bank of America, N.A. as administrative agent, providing a $700 million unsecured revolving credit facility that can be increased to $900 million and extends maturity to May 15, 2030. The filing says $240 million of existing borrowings remain outstanding under the new facility, and the company plans to use borrowings for general corporate purposes.
- Facility size: $700 million unsecured revolver, expandable to $900 million subject to conditions
- Maturity extended to May 15, 2030
- Initial margin of 1.875% over Term SOFR; Term SOFR-based rate would have been about 5.48% at May 15, 2026 close
- Covenants on net worth and net excess capital raised; $240 million of borrowings carried over
Read the filing on SEC.gov ↗
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