BGC Group, Inc. (NASDAQ:BGC) today reported its financial results for the quarter ended March 31, 2026.

BGC generated record total revenues of $955.5 million. The Iran conflict, which began on February 28th, drove elevated volatility across ECS, Rates and Foreign Exchange through the final month of the quarter. BGC’s revenues were tracking up 41 percent prior to the start of the Iran conflict and finished the first quarter up 44 percent — which highlighted that BGC’s record results were driven primarily by its underlying business, with the conflict serving only as an incremental contributor.

Foreign Exchange revenues were up 19.1 percent from the year-ago quarter to $131.0 million, primarily due to strong volume growth in emerging market and G10 products.

Equities revenues grew by 34.3 percent to $84.5 million, reflecting strong market share gains across all major geographies and global equity volatility.

Data, Network, and Post-trade revenues increased by 6.1 percent to $34.5 million, driven by Lucera and Fenics Market Data, partially offset by lower revenues due to the sale of BGC’s kACE business in the fourth quarter of 2025. Excluding kACE, Data, Network and Post-trade revenues grew by 23.2 percent. Interest and dividend income, Fees from related parties and Other revenues increased by 20.2 percent to $25.2 million.

John Abularrage, Co-Chief Executive Officer:

“BGC delivered another record quarter. Revenues increased 44 percent to $955 million, with growth across every asset class and geography. Excluding OTC, revenues grew 23 percent to $817 million, also a record.

Additionally, pre-tax earnings hit an all-time high, up more than 44 percent.

Our ECS revenues more than doubled to $330 million, reinforcing our position as the world’s largest energy broker. FMX posted its best quarter ever, setting ADV records at FMX UST, FMX FX, and FMX Futures. FMX UST ADV grew 51 percent in the first quarter to a record $90 billion, representing 41 percent market share.

We built on last year’s $25 million cost reduction plan, which is now expected to result in $35 million of annualized cost savings. We will continue to identify and execute cost savings throughout 2026 to drive further margin expansion.”

On May 6, 2026, BGC’s Board of Directors declared a quarterly qualified cash dividend of $0.02 per share payable on June 10, 2026 to Class A and Class B common stockholders of record as of May 27, 2026, which is the same date as the ex-dividend date.