Filing Flows › Binah Capital Group (BCG) › Q2 2026 › vs Q1 2026
Binah Capital Group (BCG) Q2 2026 vs Q1 2026 (quarter over quarter)
Binah Capital Group's revenue fell $2.2M (-4%) from $48.7M in Q1 2026 to $46.5M in Q2 2026. The biggest changes: Variable annuities and other insurance commissions −$1.5M (-5%); Securities commissions −$822K (-22%); Other revenues −$533K (-33%). Operating margin 0.9% against 5.5% (-4.5 pts).
Binah Capital Group, Q2 2026: revenue $46.5M (+12% year over year), operating margin 0.9%, net earnings $337K, operating cash flow $1.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 0.9% | 5.5% | -4.5 pts |
| Net margin | 0.7% | 3.9% | -3.2 pts |
| Free cash flow margin | 2.4% | 1.1% | +1.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Variable annuities and other insurance commissions | $26.7M | $28.3M | −$1.5M | -5% |
| Advisory fees | $7.4M | $7.3M | $47K | +0.6% |
| Mutual fund commissions | $6.7M | $6.6M | $179K | +3% |
| Securities commissions | $3.0M | $3.8M | −$822K | -22% |
| Alternative investments | $1.6M | $1.1M | $470K | +41% |
| Other revenues | $1.1M | $1.6M | −$533K | -33% |
| Revenue | $46.5M | $48.7M | −$2.2M | -4% |
| Operating profit | $423K | $2.7M | −$2.2M | -84% |
| Costs & expenses | $46.1M | $46.0M | $49K | +0.1% |
| Pre-tax earnings | $423K | $2.7M | −$2.2M | -84% |
| Net earnings | $337K | $1.9M | −$1.6M | -82% |
| Income tax | $86K | $755K | −$669K | -89% |
| Depreciation & amortization | $127K | $143K | −$16K | -11% |
| Share-based compensation | $164K | $384K | −$220K | -57% |
| Working capital & other | $490K | −$1.9M | $2.4M | — |
| Operating cash flow | $1.1M | $538K | $580K | +108% |
| Free cash flow (OCF − capex) | $1.1M | $527K | $576K | +109% |
| Capital expenditures | $15K | $11K | $4K | +36% |
Questions
How much did Binah Capital Group's revenue grow quarter over quarter in Q2 2026?
Binah Capital Group's revenue fell $2.2M (-4%) from $48.7M in Q1 2026 to $46.5M in Q2 2026.
What drove Binah Capital Group's revenue change in Q2 2026?
Variable annuities and other insurance commissions −$1.5M (-5%); Securities commissions −$822K (-22%); Other revenues −$533K (-33%).