BGC Group, Inc. (BGC)

BGC Group Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	176.57	146.54	123.23	38.78	58.87	153.49
Depreciation & Amortization	107.2	103.31	81.43	80.42	75.05	81.87
Stock-Based Compensation	339.18	330.35	369.19	355.43	250.53	256.51
Other Adjustments	123.68	57.62	-83.54	-15.69	33.48	-99.92
Changes in Trading Assets	84.55	60.48	-143.43	-5.48	2.38	17.63
Change in Receivables	-670.74	-162.78	-46.28	205.36	232.48	-575.61
Changes in Accounts Payable	420.97	14.4	25.92	-214.35	-334.11	602.6
Changes in Accrued Expenses	69.91	43.25	19.6	18.45	-25.18	17.99
Changes in Other Operating Activities	-169.59	-197.53	-34.62	-59.04	-66.05	-28.65
Operating Cash Flow	413.71	394.35	315.35	405.2	224.36	417.19
Operating Cash Flow Growth	43.60%	25.05%	-22.18%	80.60%	-46.22%	37.86%
Capital Expenditures	-21.06	-21.49	-29.62	-14.92	-10.59	-10.11
Purchases of Intangible Assets	-44.25	-44.55	-42.43	-44.97	-48.17	-43.18
Purchases of Investments	-24.86	-21.76	-14.91	-	-0.59	-1.12
Proceeds from Sale of Investments	9.03	8.94	9.03	9.42	6.12	10.03
Payments for Business Acquisitions	-280.11	-280.71	-64.17	-39.76	-	-
Proceeds from Business Divestments	-	77.88	45.74	-	0.51	165.51
Other Investing Activities	-0.55	-0.95	-0.63	-0.48	-0.61	-
Investing Cash Flow	-284.29	-282.65	-96.99	-90.71	-53.33	121.13
Short-Term Debt Issued	20	20	275	-1.92	-	-
Short-Term Debt Repaid	-20	-	-275	-	-	-
Net Short-Term Debt Issued (Repaid)	-	20	0	-1.92	-	-
Long-Term Debt Issued	1,088	1,438	965.06	754.32	-0.08	298.42
Long-Term Debt Repaid	-695	-1,005	-815	-623.25	-6.39	-566.24
Net Long-Term Debt Issued (Repaid)	392.74	432.74	150.06	131.07	-6.47	-267.83
Issuance of Common Stock	-	-	171.67	11.54	1.49	7.89
Repurchase of Common Stock	-358.96	-390.67	-401.11	-232.45	-180.11	-475.96
Net Common Stock Issued (Repurchased)	-358.96	-390.67	-229.44	-220.91	-178.62	-468.07
Common Dividends Paid	-38.86	-39.46	-41.97	-36.42	-43.74	-67.27
Other Financing Activities	-100.33	-111	-2.7	-145.99	-107.99	-171.22
Financing Cash Flow	-317.1	21.23	-149.02	-146.88	-233.21	-819.54
Effect of Exchange Rate Changes on Cash and Cash Equivalents	5.02	7.46	-8.96	3.27	-2.62	-5.39
Net Cash Flow	-182.66	140.4	60.38	170.89	-129.58	-286.61
Free Cash Flow	392.65	372.87	285.73	390.28	213.77	407.07
Free Cash Flow Growth	5.31%	30.50%	-26.79%	82.57%	-47.49%	49.78%
FCF Margin	12.15%	12.68%	12.63%	19.27%	11.91%	20.20%
Free Cash Flow Per Share	0.82	0.78	0.60	0.80	0.43	0.75
Levered Free Cash Flow	1,069	610.14	196.33	-29.51	-316.25	537.51
Unlevered Free Cash Flow	456.89	-52.4	-221.29	-359.93	-374.91	377.23

Updated May 11, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q