earnings
confidence high
sentiment positive
materiality 0.85
BGC Q1 record revenue $664M (+15% YoY); completes OTC Global Holdings acquisition
BGC Group, Inc.
2025-Q1 EPS reported
$0.11
revenue$664,240,000
- Record quarterly revenues of $664.2M, up 14.8% YoY from $578.6M.
- GAAP diluted EPS $0.11 (up 10% YoY); Post-tax Adjusted EPS $0.29 (up 16% YoY).
- Adjusted EBITDA $199.8M vs $208.4M in Q1 2024, down 4.1%.
- Acquired OTC Global Holdings on April 1, 2025, expected to add >$400M annual revenue and be immediately accretive.
- FMX saw record volumes and market share across UST and FX platforms in Q1.