---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-037868"
form_type: "8-K"
ticker: "BCG"
cik: "0001953984"
company_name: "Binah Capital Group, Inc."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:15:26.793818+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Binah Capital FY2025 revenue $187.1M (+11%), GAAP net income $2.3M, vs prior-year loss

## Summary
- Full-year revenue grew 10.7% to $187.1M; AuM increased 11% to $29.9B.
- GAAP net income of $2.3M ($0.04 diluted EPS) vs net loss of $4.6M ($0.39 loss) in 2024.
- EBITDA rose to $5.4M from $1.9M; adjusted EBITDA $6.5M vs $6.3M.
- Q4 revenue $50.5M (+13.2%); GAAP net income $0.2M ($0.01 EPS) vs Q4 2024 loss of $1.1M.
- Gross profit $37.8M for the year, up from $33.7M; operating expenses declined to $35.2M.

## SEC filing metadata
- accession: 0001104659-26-037868
- form_type: 8-K
- ticker: BCG
- cik: 0001953984
- company_name: Binah Capital Group, Inc.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1953984/000110465926037868/0001104659-26-037868-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1953984/000110465926037868/tm2610699d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-037868
- JSON: https://secwatch.observer/filing/0001104659-26-037868.json
- Plain text: https://secwatch.observer/filing/0001104659-26-037868.txt

## Key facts
- Earnings Releases
  Binah Capital Group, Inc. reported full year 2025 results: revenue $187.1 million, net income $2.3 million, EPS $0.04.
  - Period: full year 2025
  - Revenue: $187.1 million
  - Net income: $2.3 million
  - EPS: $0.04
  - Result: reported results
  source text: Full Year 2025 Key Highlights § Total advisory and brokerage assets as of December 31, 2025, grew 11% to $29.9 billion. § Total annual revenue increased by 10.7% to $187.1 million. § Annual Gross profit was $37.8 million, compared to $33.7 million in 2024. § Total annual operating expenses were $35.2 million, compared to $36.8 million in 2024. § Annual GAAP net income rose to $2.3 million, compared to a GAAP net loss of $4.6 million in 2024. § Annual GAAP diluted EPS was $0.04 compared to $(0.39) in the prior year. § Annual EBITDA increased to $5.4 million from $1.9 million in the prior year. § Adjusted EBITDA* increased to $6.5 million, compared to $6.3 million in 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1953984/000110465926037868/0001104659-26-037868-index.htm
- Earnings Releases
  Binah Capital Group, Inc. reported fourth quarter 2025 results: revenue $50.5 million, net income $0.2 million, EPS $0.01.
  - Period: fourth quarter 2025
  - Revenue: $50.5 million
  - Net income: $0.2 million
  - EPS: $0.01
  - Result: reported results
  source text: Fourth Quarter 2025 Key Highlights § Total advisory and brokerage assets as of December 31, 2025, grew 11% year-over-year to $29.9 billion. § Total revenue grew 13.2% to $50.5 million. § Gross profit was $10.3 million, compared to $8.9 million in the prior-year period. § Total operating expenses were $10.5 million, compared to $9.5 million in the prior-year period, reflecting a stabilization in expense levels compared to prior year results that included non-recurring business combination costs. § GAAP net income rose to $0.2 million, compared to a GAAP net loss of $1.1 million in the fourth quarter of 2024. § GAAP diluted EPS was $0.01 compared to $(0.07) in the prior year quarter § EBITDA of $0.5 as compared to EBITDA of $1.0 in the prior year quarter which is driven primarily by the change in the income tax provision. § Adjusted EBITDA of $0.8 as compared to $2.2 million in the prior year quarter, which included an adjustment for business combination and re-financing costs incurred d
  evidence_url: https://www.sec.gov/Archives/edgar/data/1953984/000110465926037868/0001104659-26-037868-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.