BGC Group Inc. reported record-breaking results for the fourth quarter (Q4) and full year (FY) ended December 31, 2025. Q4 revenues reached USD 756.4 million, marking a 32 percent increase, while full-year revenues rose 30 percent to USD 2.94 billion. Q4 GAAP net income attributable to shareholders was USD 13.9 million, and FY GAAP net income attributable to shareholders increased 23 percent to USD 148.7 million. Q4 post-tax Adjusted Earnings were USD 149.6 million, up 21 percent, and FY post-tax Adjusted Earnings reached USD 587.5 million, an increase of 20 percent. GAAP fully diluted earnings per share were USD 0.03 for Q4 and USD 0.31 for the full year, up 24 percent. Post-tax Adjusted Earnings per share were USD 0.31 in Q4 and USD 1.18 for the full year, representing a 19 percent increase. Adjusted EBITDA for Q4 was USD 190.6 million, with the full year totaling USD 771.4 million, up 8 percent. The fully diluted weighted-average share count for Adjusted Earnings in Q4 was 490.4 million. The company highlighted double-digit organic growth, its acquisition of OTC, and expansion across all asset classes and geographies. BGC Group Inc. completed its second-largest acquisition and became the world’s largest energy broker during the period. The first phase of a cost reduction program was completed in Q4, expected to deliver USD 25 million in annualized cost savings in 2026, with further efficiencies anticipated. For Q1 2026, BGC Group Inc. provided revenue guidance of USD 860 million to USD 920 million and pre-tax Adjusted Earnings guidance of USD 202 million to USD 222 million. The Board declared a quarterly qualified cash dividend of USD 0.02 per share, payable on March 18, 2026, to shareholders of record as of March 4, 2026.

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