---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-026602"
form_type: "8-K"
ticker: "BGC"
cik: "0001094831"
company_name: "BGC Group, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:22:36.417202+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BGC Group Q2 2023 revenue up 13% to $493M; GAAP net loss $19.7M, adjusted EPS $0.20

## Summary
- Revenue $493.1M, +13.2% YoY; GAAP pre-tax loss $31.3M vs profit $31.4M in 2Q22.
- Post-tax Adjusted Earnings $100.0M, +18.0%; adjusted EPS $0.20, +17.6%.
- Corporate conversion reduced fully diluted share count by 21M to ~484M shares, a 4% reduction.
- FMX U.S. Treasury platform gained market share; CFTC approval pending, strategic investors expected Q4.

## SEC filing metadata
- accession: 0001628280-23-026602
- form_type: 8-K
- ticker: BGC
- cik: 0001094831
- company_name: BGC Group, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1094831/000162828023026602/0001628280-23-026602-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1094831/000162828023026602/bgcp-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-026602
- JSON: https://secwatch.observer/filing/0001628280-23-026602.json
- Plain text: https://secwatch.observer/filing/0001628280-23-026602.txt

## Key facts
- Earnings Releases
  BGC Group, Inc. reported the quarter ended June 30, 2023 results: revenue $493.1, net income ($0.05).
  - Period: the quarter ended June 30, 2023
  - Revenue: $493.1
  - Net income: ($0.05)
  - Result: reported results
  source text: opportunity to reshape the U.S. interest rate cash and futures market." SELECT FINANCIAL RESULTS 2,3 Highlights of Consolidated Results (USD millions) 2Q23 2Q22 Change Revenues $493.1 $435.8 13.2% GAAP income (loss) from operations before income taxes (31.3) 31.4 NMF GAAP net income (loss) for fully diluted shares (19.7) 19.7 NMF Adjusted Earnings before
  evidence_url: https://www.sec.gov/Archives/edgar/data/1094831/000162828023026602/0001628280-23-026602-index.htm

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