BGC Group Reports Record Q4 2025 Earnings Driven by Strategic Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy BGC?
Source: seekingalpha
- Record Revenue Growth: BGC Group achieved fourth quarter revenues of $756.4 million, reflecting a 32.2% year-over-year increase, while full-year revenues grew by 30%, demonstrating strong performance in market share and organic expansion, solidifying its position as the world's largest energy broker.
- Significant Cost Savings: The company completed the first phase of its cost reduction program, expected to realize $25 million in annualized savings in 2026, which will enhance profitability and operational efficiency, supporting future growth strategies.
- Market Share Expansion: FMX's UST business reached a 40% market share by the end of 2025, significantly enhancing BGC's competitiveness in energy, foreign exchange, and interest rate futures markets, indicating success in diversifying its customer base and market competition.
- Optimistic Outlook: BGC expects Q1 2026 revenues to range between $860 million and $920 million, representing approximately 34% growth compared to $664.2 million in Q1 2025, reflecting strong confidence in future growth and robust market demand.
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Analyst Views on BGC
Wall Street analysts forecast BGC stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 9.500
Low
14.00
Averages
14.00
High
14.00
Current: 9.500
Low
14.00
Averages
14.00
High
14.00
About BGC
BGC Group, Inc. is a global marketplace, data, and financial technology company across the Energy, Commodities, and Shipping (ECS) and financial markets. It specializes in the brokerage and trade execution of a range of ECS products, including listed derivatives and physical commodities in the oil and refined, and environmental and energy transition, markets, as well as ship chartering. It also provides brokerage services across fixed income securities, such as government bonds and corporate bonds, as well as related interest rate derivatives and credit derivatives, foreign exchange, equities and futures and options. It also provides network and connectivity solutions, market data and related information services and post-trade services. Through its electronic brands, it offers multiple trade execution, market infrastructure and connectivity services, as well as post-trade services. It utilizes electronic trading platforms to provide execution and market data services to its customers.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Record Revenue Growth: BGC Group achieved fourth quarter revenues of $756.4 million, reflecting a 32.2% year-over-year increase, while full-year revenues grew by 30%, demonstrating strong performance in market share and organic expansion, solidifying its position as the world's largest energy broker.
- Significant Cost Savings: The company completed the first phase of its cost reduction program, expected to realize $25 million in annualized savings in 2026, which will enhance profitability and operational efficiency, supporting future growth strategies.
- Market Share Expansion: FMX's UST business reached a 40% market share by the end of 2025, significantly enhancing BGC's competitiveness in energy, foreign exchange, and interest rate futures markets, indicating success in diversifying its customer base and market competition.
- Optimistic Outlook: BGC expects Q1 2026 revenues to range between $860 million and $920 million, representing approximately 34% growth compared to $664.2 million in Q1 2025, reflecting strong confidence in future growth and robust market demand.
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- Earnings Beat: BGC Group reported a Q4 non-GAAP EPS of $0.31, exceeding expectations by $0.02, which reflects the company's strong profitability and boosts investor confidence.
- Significant Revenue Growth: The company achieved revenue of $756.4 million in Q4, marking a 32.2% year-over-year increase and surpassing estimates by $5.53 million, indicating a substantial rise in market demand and reinforcing its market position.
- Slight EBITDA Decline: Adjusted EBITDA stood at $190.6 million, down 0.8% year-over-year, primarily due to charges related to the execution of a cost reduction program, highlighting the company's efforts to optimize its cost structure.
- Cautious Future Outlook: The revenue consensus for Q1 is $831.77 million, suggesting high market expectations for BGC's future performance, yet the company must balance cost control with revenue growth to maintain sustainable profitability.
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- Revenue Outlook: The projected revenue for Q1 is estimated to be between $860 million and $920 million.
- Company Performance: The outlook indicates a positive financial trajectory for the company in the upcoming quarter.
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- Earnings Announcement: BGC Group is scheduled to announce its Q4 earnings on February 12 before market open, with consensus EPS estimate at $0.29, reflecting a 16% year-over-year growth, indicating sustained profitability.
- Strong Revenue Expectations: The anticipated revenue for Q4 is $750.87 million, representing a 31.2% year-over-year increase, showcasing BGC's robust performance and business expansion capabilities in the market.
- Historical Performance Review: Over the past two years, BGC has beaten EPS estimates 75% of the time and revenue estimates 100% of the time, demonstrating the company's reliability in financial forecasting and market confidence.
- Estimate Revision Dynamics: In the last three months, there have been no upward revisions to EPS estimates but one downward revision, while revenue estimates saw one upward revision with no downward adjustments, reflecting a cautiously optimistic market outlook for BGC's future performance.
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