---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-005160"
form_type: "8-K"
ticker: "BGC"
cik: "0001094831"
company_name: "BGC Group, Inc."
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-18T23:13:29.289966+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# BGC Partners Q4 GAAP EPS $0.01, down 95% YoY; adjusted EPS $0.16, down 5.9%

## Summary
- GAAP net income for fully diluted shares $2.8M in Q4 2022 vs $103.0M in Q4 2021, down 97.3%.
- GAAP fully diluted EPS $0.01 vs $0.20, down 95%; full year EPS $0.13 vs $0.32, down 59.4%.
- Adjusted EBITDA $124.0M in Q4 2022 vs $230.3M, down 46.2%; full year $486.2M vs $588.3M, down 17.4%.
- Post-tax Adjusted EPS $0.16 vs $0.17, down 5.9% in Q4; full year $0.69 vs $0.65, up 6.2%.
- CEO Howard Lutnick cites return of interest rates and Fenics investment as growth drivers.

## SEC filing metadata
- accession: 0001628280-23-005160
- form_type: 8-K
- ticker: BGC
- cik: 0001094831
- company_name: BGC Group, Inc.
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1094831/000162828023005160/0001628280-23-005160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1094831/000162828023005160/bgcp-20230227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-005160
- JSON: https://secwatch.observer/filing/0001628280-23-005160.json
- Plain text: https://secwatch.observer/filing/0001628280-23-005160.txt

## Key facts
- Earnings Releases
  BGC Group, Inc. reported the quarter ended December 31, 2022 results: revenue 436.5, EPS GAAP fully diluted earnings per share $0.01.
  - Period: the quarter ended December 31, 2022
  - Revenue: 436.5
  - EPS: GAAP fully diluted earnings per share $0.01
  - Result: reported results
  source text: FINANCIAL RESULTS 1,2,3,4 Highlights of Consolidated Results (USD millions) 4Q22 4Q21 Change Const. CCY Change FY22 FY21 Change Const. CCY Change Revenues (excluding Insurance) $436.5 $441.7 (1.2)% 1.9% $1,795.3 $1,837.0 (2.3)% 1.4% Revenues 436.5 461.6 (5.4)% (2.5)% 1,795.3 2,015.4 (10.9)% (7.6)% GAAP income (loss) from operations before income taxes 1.6 104.8
  evidence_url: https://www.sec.gov/Archives/edgar/data/1094831/000162828023005160/0001628280-23-005160-index.htm

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