---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-027668"
form_type: "8-K"
ticker: "BGC"
cik: "0001094831"
company_name: "BGC Group, Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T11:53:05.791633+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BGC Partners Q3 2022: GAAP pre-tax income $19M vs loss, Adjusted EPS up 14%

## Summary
- GAAP pre-tax income $19.0M vs $(20.6)M loss YoY; GAAP EPS $0.01 vs $(0.03).
- Revenues (excl. insurance) $416.6M, down 1.3% YoY but up 4.1% constant currency.
- Post-tax Adjusted EPS $0.16, up 14.3%; pre-tax Adjusted Earnings margin expanded over 300 bps.
- Adjusted EBITDA $107.0M, up 14.3% YoY; eighth consecutive quarter of margin improvement.
- CEO expects definitive agreements for corporate conversion before year-end.

## SEC filing metadata
- accession: 0001628280-22-027668
- form_type: 8-K
- ticker: BGC
- cik: 0001094831
- company_name: BGC Group, Inc.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1094831/000162828022027668/0001628280-22-027668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1094831/000162828022027668/bgcp-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-027668
- JSON: https://secwatch.observer/filing/0001628280-22-027668.json
- Plain text: https://secwatch.observer/filing/0001628280-22-027668.txt

## Key facts
- Earnings Releases
  BGC Group, Inc. reported the quarter ended September 30, 2022 results: revenue $416.6, net income 7.4, EPS $0.01.
  - Period: the quarter ended September 30, 2022
  - Revenue: $416.6
  - Net income: 7.4
  - EPS: $0.01
  - Result: reported results
  source text: the end of the year." SELECT FINANCIAL RESULTS 1,2,3 Highlights of Consolidated Results (USD millions) 3Q22 3Q21 Change Constant Currency Change Revenues (excluding Insurance) $416.6 $422.1 (1.3)% 4.1% Revenues 416.6 473.7 (12.1)% (7.3)% GAAP income (loss) from operations before income taxes 19.0 (20.6) 192.3% GAAP net income (loss) for fully diluted shares
  evidence_url: https://www.sec.gov/Archives/edgar/data/1094831/000162828022027668/0001628280-22-027668-index.htm

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