Financial brokerage and technology company BGC Group (NASDAQ: BGC) reported Q3 2026 results exceeding the market’s revenue expectations, with revenue up 18.4% year on year to $832.6 million. The company expects next quarter’s revenue to be around $835 million, close to analysts’ consensus estimates. Its non-GAAP profit of $0.34 per share was in line with analysts’ consensus estimates.
For more on BGC, read our free full research report.
BGC (BGC) Q3 2026 highlights:
- Revenue $832.6 million vs S&P analysts’ consensus estimates of $824.8 million (18.4% year-on-year growth, 0.9% beat)
- Pre-tax profit $98.05 million (11.8% margin)
- Adjusted EPS $0.34 vs S&P analysts’ consensus estimates of $0.34 (in line)
- Revenue guidance $835 million at the midpoint for Q4 2026, roughly in line with what analysts were expecting
- Market capitalization $5.36 billion
Revenue growth
Reviewing a company’s long-term revenue performance reveals insights into its quality. Even a weak business can perform well for one or two quarters, but a high-quality one grows for years. BGC’s revenue grew at a decent 10.9% compounded annual growth rate over the last five years. Its growth was slightly above that of the average financials company and shows its offerings resonate with customers.
Long-term growth matters most, but within financials, a half-decade historical view may miss recent interest rate changes, market returns and industry trends. BGC’s annualized revenue growth of 24.6% over the last two years is above its five-year trend, suggesting its demand recently accelerated. 
Note: Quarters not shown were determined to be outliers because they were impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business.
This quarter, BGC reported year-on-year revenue growth of 18.4%, and its $832.6 million of revenue exceeded Wall Street’s consensus estimates by 0.9%. Management is guiding for a 15.4% year-on-year increase in revenue next quarter.
Key takeaways from BGC’s Q3 results
BGC’s revenue narrowly topped Wall Street’s consensus estimates, and its EBITDA beat expectations as well, making for a decent Q3 overall. Shares remained flat at $11.27 immediately after the release.
Considering BGC at its current price? The latest quarter matters, but longer-term business quality and valuation matter more when deciding whether to invest in the stock. For more on BGC, read the full research report here (it’s free).
