Quarterly ResultMay 7, 2026, 08:17 AM
BGC Group Q1 Revenue +43.8% to $955.5M; Pre-tax Adj. Earnings +44.9%
AI Summary
BGC Group reported record financial results for the first quarter ended March 31, 2026, with total revenues increasing 43.8% to $955.5 million and pre-tax Adjusted Earnings rising 44.9% to $232.1 million. The company saw significant growth across all asset classes and geographies, with ECS revenues more than doubling and FMX achieving its best quarter ever. BGC also declared a quarterly cash dividend of $0.02 per share and updated its cost reduction plan to target $35 million in annualized savings.
Key Highlights
- Total revenues increased 43.8% to $955.5 million for Q1 2026.
- Pre-tax Adjusted Earnings rose 44.9% to $232.1 million.
- Post-tax Adjusted Earnings per share grew 41.4% to $0.41.
- ECS revenues more than doubled, up 120.1% to $330.0 million.
- FMX UST average daily volume hit a record $89.7 billion, up 51%.
- Annualized cost savings from reduction plan now expected at $35 million.
- Declared a quarterly cash dividend of $0.02 per share.
- Q2 2026 revenue guidance set between $785 million and $845 million.