Filing Flows › Binah Capital Group (BCG) › Q2 2025
Binah Capital Group (BCG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Binah Capital Group (BCG) reported revenue of $41.5M for the second quarter 2025 (Q2 2025), +2% from a year earlier and -15% from the quarter before. Operating margin was -1.4%, net loss $654K (1.6% of revenue).
Binah Capital Group, Q2 2025: revenue $41.5M (+2% year over year), operating margin -1.4%, net loss $654K, operating cash flow $62K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $41.5M | -15% | +2% |
| Operating profit | −$561K | -139% | — |
| Net earnings | −$654K | -163% | — |
| Operating cash flow | $62K | -94% | -94% |
What changed
Revenue was $41.5M in Q2 2025, up 2% year over year and down 15% from the previous quarter. Variable annuities and other insurance commissions was the largest line at 59% of revenue. Mutual fund commissions added $435K year over year (up 8%), 51% of the total change. Variable annuities and other insurance commissions declined 2%.
Operating costs exceeded revenue by $561K, an operating margin of -1.4%. Total costs grew 2% against revenue growth of 2%. The quarter ended with a net loss of $654K, after a profit of $1.0M the previous quarter.
Operating cash flow was $62K (down 94% year over year). Non-cash charges added back $183K of depreciation and amortization. Working capital and other items added $533K.
Questions
What was Binah Capital Group's revenue in the second quarter 2025?
Binah Capital Group (BCG) reported revenue of $41.5M for the second quarter 2025 (Q2 2025), +2% from a year earlier and -15% from the quarter before.
Was Binah Capital Group profitable in the second quarter 2025?
Operating loss was $561K (-1.4% of revenue) and net loss $654K.