BGC Group Inc Reports Record Revenue Growth and Strategic Expansions in Q4 2025 Earnings Call Highlights.

BGC Group Inc reported Q4 2025 revenue of $756.4 million, a 32.2% YoY increase, and full-year revenue approaching $3 billion, a 30% increase. Brokerage revenue grew 34.6%, while ECS revenue surged 92%. The company expanded its market share, completed its second-largest acquisition, and became the world's largest energy broker. Adjusted EPS grew 19%, and GAAP EPS grew 24%. However, adjusted EBITDA decreased 0.8%, and GAAP income from operations decreased 8%. First-quarter 2026 revenue guidance is $860 million to $920 million, representing a 34% growth midpoint.