Filing Flows › Binah Capital Group (BCG) › Q1 2026
Binah Capital Group (BCG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Binah Capital Group (BCG) reported revenue of $48.7M for the first quarter 2026 (Q1 2026), -0.5% from a year earlier and -4% from the quarter before. Operating margin was 5.5%, net earnings $1.9M (3.9% of revenue).
Binah Capital Group, Q1 2026: revenue $48.7M (-0.5% year over year), operating margin 5.5%, net earnings $1.9M, operating cash flow $538K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $48.7M | -4% | -0.5% |
| Operating profit | $2.7M | — | +82% |
| Net earnings | $1.9M | 11× | +84% |
| Operating cash flow | $538K | -83% | -49% |
| Free cash flow | $527K | -83% | -50% |
What changed
Revenue was $48.7M in Q1 2026, roughly flat year over year and down 4% from the previous quarter. Variable annuities and other insurance commissions was the largest line at 58% of revenue. Alternative investments lost $4.9M year over year (down 81%), 2056% of the total change.
Operating profit was $2.7M, a 5.5% margin (up 2.5 points year over year). Total costs fell 3% while revenue was flat. Net earnings were $1.9M, up 84% year over year. The effective tax rate was 28.4%.
Operating cash flow was $538K (down 49% year over year), 28% of net earnings. Non-cash charges added back $143K of depreciation and amortization and $384K of share-based compensation. Working capital and other items used $1.9M. Capital expenditures of $11K left free cash flow of $527K.
Questions
What was Binah Capital Group's revenue in the first quarter 2026?
Binah Capital Group (BCG) reported revenue of $48.7M for the first quarter 2026 (Q1 2026), -0.5% from a year earlier and -4% from the quarter before.
Was Binah Capital Group profitable in the first quarter 2026?
Operating profit was $2.7M (5.5% of revenue) and net earnings $1.9M.