BGC Group Inc (NAS:BGC)

Q2 2026 Bgc Group Inc Earnings Call Transcript

Jul 30, 2026 / 03:00 PM GMT

Release Date Price: $11.68 (-0.76%)

Transcript 8-K

Key Points

Positve

Record second-quarter revenues of $845.5 million, up 7.8% year-over-year, driven by broad-based growth across all asset classes.
FMX US Treasury market share reached a new all-time high of 42%, with FMX SOFR and US Treasury futures also hitting record market share highs in June.
Announced a strategic partnership with Fanatics to build a prediction market ecosystem, combining BGC's client network with Fanatics' 100 million customer database.
Pre-tax adjusted earnings grew 11.1% to $192.9 million, with a strong incremental margin of 31.3%.
Received upgraded credit ratings from Kroll and JCRA to BBB+ and A-, respectively, reflecting continued strong business performance.

Negative

Asia Pacific revenues decreased by 2.9% during the quarter, underperforming other regions.
ECS revenues were partially offset by lower oil and refined product volumes due to disruptions from the Strait of Hormuz closure.
Equities revenue growth was modest at 2.8%, held back by lower European equity derivative activity.
Liquidity declined to $861.4 million from $979.1 million at year-end 2025, a decrease of 12%.
The new BGC compute infrastructure markets business is in early stages, with no financial guidance yet, posing uncertainty for near-term revenue contribution.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BGC.OQ - Bgc Group Inc
Q2 2026 Bgc Group Inc Earnings Call
Jul 30, 2026 / 03:00PM GMT

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Presentation
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Unidentified_1 [1]
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Thank you for standing by. Today's presentation will begin momentarily.

Greetings and welcome to the BGC Group Second Quarter 2026 Earnings Call. At this time, all participants are in a listen-only mode.

A question-and-answer session will follow the formal presentation. If anyone should require operator assistance, please press *0 on your telephone keypad.

As a reminder, this conference is being recorded. It is now my pleasure to introduce Jason Kristikas, Head of Investor Relations. Please go ahead.

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Unidentified_2 [2]
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