BGC Group Q3 revenue rises 31% to $737 million; GAAP net income up 89%
BGC Group reported third-quarter 2025 revenue of $737 million, up 31.3% from $561 million a year earlier, and GAAP net income for fully diluted shares of $26.8 million, up 88.6%. The company also gave fourth-quarter 2025 revenue guidance of $720 million to $770 million and pre-tax Adjusted Earnings guidance of $152.5 million to $167.5 million, and reapproved a share repurchase authorization of up to $400 million.
Key points
- Q3 2025 GAAP fully diluted EPS was $0.06, compared with $0.03 in Q3 2024; post-tax Adjusted Earnings per share was $0.29, compared with $0.26.
- Q3 2025 GAAP total expenses rose 28.8% to $705.6 million, driven in part by the acquisition of OTC.
- Fourth-quarter 2025 guidance: revenues of $720 million to $770 million and pre-tax Adjusted Earnings of $152.5 million to $167.5 million.
- Board declared a quarterly cash dividend of $0.02 per share, payable December 10, 2025, to holders of record as of November 26, 2025.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.