For the quarter ending 2025-09-30, BGC had -$42,883K decrease in cash & cash equivalents over the period. $137,188K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Consolidated net income (loss) | 26,062 | 109,644 |
| Fixed asset depreciation and intangible asset amortization | 27,441 | 47,749 |
| Employee loan amortization and reserves on employee loans | 24,873 | 36,208 |
| Equity-based compensation and allocations of net income to limited partnership units and fpus | 74,447 | 159,249 |
| Deferred compensation expense | 243 | 286 |
| Losses (gains) on equity method investments | -2,290 | -4,737 |
| Unrealized/realized losses (gains) on financial instruments owned, at fair value and other investments | -155 | 775 |
| Amortization of discount (premium) on notes payable | 1,441 | 2,533 |
| Impairment of fixed assets, intangible assets and investments | 65 | 1,603 |
| Deferred tax provision (benefit) | 1,516 | 2,639 |
| Change in estimated acquisition earn-out payables | 429 | 3,863 |
| Forfeitures of class a common stock | 0 | 152 |
| Other | 0 | - |
| Consolidated net income (loss), adjusted for non-cash and non-operating items | 154,382 | 358,110 |
| Financial instruments owned, at fair value | 9,915 | -48,828 |
| Receivables from broker-dealers, clearing organizations, customers and related broker-dealers | 948,031 | 580,427 |
| Accrued commissions receivable, net | -184 | 107,293 |
| Loans, forgivable loans and other receivables from employees and partners, net | 30,572 | 113,225 |
| Receivables from related parties | -1,310 | 4,847 |
| Other assets | 47,829 | 48,210 |
| Repurchase agreements | 0 | 0 |
| Accrued compensation | -6,365 | -4,861 |
| Payables to broker-dealers, clearing organizations, customers and related broker-dealers | 938,262 | 551,778 |
| Payables to related parties | 906 | -28,125 |
| Accounts payable, accrued and other liabilities | 89,528 | 350 |
| Net cash provided by (used in) operating activities | 141,860 | 72,078 |
| Purchases of fixed assets | 4,672 | 11,523 |
| Capitalization of software development costs | 13,696 | 18,379 |
| Purchase of equity method investments | 0 | 750 |
| Proceeds from equity method investments | 7,817 | 1,119 |
| Payments for acquisitions, net of cash acquired | 15,717 | 263,381 |
| Purchase of investment carried under measurement alternative | 0 | 0 |
| Loan to related parties | 0 | 120,000 |
| Proceeds from repayment of related parties loan | 0 | 120,000 |
| Purchase of other assets | 104 | 674 |
| Net cash provided by (used in) investing activities | -26,372 | -293,588 |
| Issuance of long-term debt, net of deferred issuance costs | 0 | 1,197,762 |
| Repayments of long-term debt borrowings | 85,000 | 620,000 |
| Issuance of short-term borrowings from related parties-Related Party | 0 | 0 |
| Repayment of short-term borrowings from related parties-Related Party | 0 | 0 |
| Earnings distributions to limited partnership interests and other noncontrolling interests | 0 | 470 |
| Redemption and repurchase of equity awards | 23,332 | 62,021 |
| Dividends to stockholders | 9,776 | 19,564 |
| Repurchase of class a common stock | 41,914 | 171,635 |
| Proceeds from non-controlling interest | 0 | 0 |
| Payments on acquisition earn-outs | 0 | 775 |
| Other | 0 | 0 |
| Net cash provided by (used in) financing activities | -160,022 | 323,297 |
| Effect of exchange rate changes on cash and cash equivalents, and cash segregated under regulatory requirements | 1,651 | 7,019 |
| Net increase (decrease) in cash and cash equivalents, and cash segregated under regulatory requirements | -42,883 | 108,806 |
| Cash and cash equivalents at beginning of period | 733,273 | - |
| Cash and cash equivalents at end of period | 799,196 | - |
BGC Group, Inc. (BGC)
BGC Group, Inc. (BGC)