---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-014997"
form_type: "8-K"
ticker: "BGC"
cik: "0001094831"
company_name: "BGC Group, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:10:00.472911+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BGC Q1 revenue up 5% to $533M; adjusted EPS $0.23; corporate conversion on track for June 30

## Summary
- Revenue $532.9M, +5.2% YoY (+7% constant currency); Fenics record quarter with +12% revenue.
- GAAP net income $24.2M ($0.05 EPS); adjusted earnings $115.6M ($0.23 EPS).
- Corporate conversion to complete June 30, new ticker 'BGC' starting July.
- FMX futures exchange awaiting final CFTC approval; strategic investors to be announced.
- Q2-to-date revenue up 9% through first 19 trading days.

## SEC filing metadata
- accession: 0001628280-23-014997
- form_type: 8-K
- ticker: BGC
- cik: 0001094831
- company_name: BGC Group, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1094831/000162828023014997/0001628280-23-014997-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1094831/000162828023014997/bgcp-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-014997
- JSON: https://secwatch.observer/filing/0001628280-23-014997.json
- Plain text: https://secwatch.observer/filing/0001628280-23-014997.txt

## Key facts
- Earnings Releases
  BGC Group, Inc. reported the quarter ended March 31, 2023 results: revenue 532.9, net income 24.2, EPS $0.05.
  - Period: the quarter ended March 31, 2023
  - Revenue: 532.9
  - Net income: 24.2
  - EPS: $0.05
  - Result: reported results
  source text: announce our strategic investors prior to the launch." SELECT FINANCIAL RESULTS 1,2 Highlights of Consolidated Results (USD millions) 1Q23 1Q22 Change Const. CCY Change Revenues 532.9 506.5 5.2% 7.0% GAAP income from operations before income taxes 33.2 45.4 (26.7)% GAAP net income for fully diluted shares 24.2 33.6 (28.2)% Adjusted Earnings before
  evidence_url: https://www.sec.gov/Archives/edgar/data/1094831/000162828023014997/0001628280-23-014997-index.htm

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