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How BGC Group (BGC) makes money

BGC Group (BGC) made $833M of revenue in the third quarter 2026 (Q3 2026), +13% from a year earlier. Of every dollar of revenue, 12¢ was left as operating profit, 9¢ was left as net earnings.

Drawing the Sankey…

BGC Group: revenue by line, Q1 2025 to Q2 2026BGC Group: revenue by line, Q1 2025 to Q2 2026CommissionsOther revenuesData, network and pos…Total other revenuesFees from related par…Commissions: $649M latest$649MOther revenues: $150M latest$150MData, network and post-trade: $36.7M latestTotal other revenues: $4.2M latestFees from related parties: $5.5M latestQ1 2025Q2 2025Q3 2025Q1 2026Q2 2026
Commissions went from 74% of revenue in Q1 2025 to 77% in Q2 2026, the largest shift in the mix.
BGC Group revenue by quarterBGC Group revenue by quarter$664MQ1 2025$784MQ2 2025$737MQ3 2025$756MQ4 2025$955MQ1 2026$846MQ2 2026$833MQ3 2026
BGC Group: where each dollar of revenue goesBGC Group: where each dollar of revenue goesOperating profit12¢Income tax3¢Net earnings9¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$833M100.0%
Operating profit$98.1M11.8%
Income tax$28.0M3.4%
Net earnings$71.3M8.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$833M+13%
Q2 2026$846M+8%
Q1 2026$955M+44%
Q4 2025$756M+32%
Q3 2025$737M+31%
Q2 2025$784M+42%
Q1 2025$664M+15%

From BGC Group's 8-K filed Nov 5, 2026 (on EDGAR).

Questions

How does BGC Group make money?

BGC Group (BGC) made $833M of revenue in the third quarter 2026 (Q3 2026), +13% from a year earlier. Of every dollar of revenue, 12¢ was left as operating profit, 9¢ was left as net earnings.

What is BGC Group's profit margin?

Net earnings were $71.3M, 8.6% of revenue, in the third quarter 2026; the operating margin was 11.8%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.