BGC Group, Inc (BGC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -11.58M | 158.85M | 141.86M | 71.24M | 839K | 251.89M | 88.32M | -52.95M | 28.09M | 173.5M | 312.9M | -105.68M | 24.49M | 92.42M | 77.97M | 63.85M | -9.88M | 111.06M | 107.78M | 154.13M |
| Operating CF Margin % | -1.21% | 19.3% | 19.63% | 9.27% | 0.13% | 44.98% | 16.23% | -9.92% | 4.94% | 34.69% | 66.22% | -22.03% | 4.64% | 21.44% | 18.9% | 14.96% | -1.96% | 24.29% | 22.9% | 30.76% |
| Operating CF Growth % | -1479.86% | -36.94% | 60.62% | 234.54% | -97.01% | 45.18% | -71.77% | 49.9% | 14.72% | 87.72% | 301.31% | -265.51% | 347.77% | -16.78% | -27.66% | -58.57% | -122.36% | -31.75% | 67.71% | 6.58% |
| Net Income | 83.46M | 14.37M | 26.06M | 56.22M | 53.43M | 25.2M | 14.75M | 37.83M | 49.21M | 21.26M | 18.55M | -22.21M | 21.17M | 2.22M | 5.76M | 14.76M | 30.7M | 88.79M | -11.4M | 20.06M |
| Depreciation & Amortization | 27M | 0 | 27.44M | 25.88M | 21.87M | 20.69M | 19.89M | 20.21M | 20.64M | 20.3M | 21.86M | 19.19M | 19.06M | 19.27M | 18.63M | 18.75M | 18.4M | 18.32M | 20.64M | 21.25M |
| Stock-Based Compensation | 775K | 95.89M | 74.45M | 83.93M | 75.32M | 121.17M | 85.69M | 66.21M | 96.08M | 78.09M | 69.27M | 126.64M | 81.37M | 89.33M | 57.73M | 46.13M | 57.88M | 85.89M | 78.49M | 58.29M |
| Deferred Taxes | 1.71M | 0 | 1.52M | -876K | 3.52M | -66.67M | 1.58M | -4.07M | -602K | -37.88M | -17.14M | -6.66M | 1.13M | -16.65M | 1.37M | -856K | 1.51M | -6.96M | -583K | -4.05M |
| Other Non-Cash Items | 99.76M | 14.3M | 24.92M | 21.64M | 17.19M | 2.99M | 15.18M | -130.2M | -24.09M | 9.28M | 8.79M | 10.46M | 16.42M | 15M | 12.03M | 14.85M | 23.36M | -133.32M | 16.64M | 33.27M |
| Working Capital Changes | -224.29M | 34.28M | -12.52M | -115.54M | -170.49M | 148.5M | -48.77M | -42.94M | -113.14M | 82.45M | 211.57M | -233.11M | -114.67M | -16.74M | -17.56M | -29.8M | -141.73M | 58.34M | 3.99M | 25.3M |
| Change in Receivables | -1.55B | 1.47B | -977.11M | 233.08M | -1.04B | 865.5M | -120.95M | 435.13M | -1.21B | 821.62M | 64.24M | 600.99M | -1.33B | 1.65B | 155.5M | 27.55M | -45.38M | 1.01B | 79.73M | 340.08M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 131.88M | 0 | 1.33B | 0 | 0 | 0 | -33.89M | 0 | 0 | 0 |
| Change in Payables | 1.32B | -1.57B | 89.53M | -6.7M | 7.05M | -787.8M | 28.38M | -492.16M | 11.05M | -792.88M | -3.21M | -655.45M | 5.84M | -1.59B | -158.51M | -42.78M | -41.54M | 46.7M | -58.37M | -337.81M |
| Cash from Investing | 13.53M | 58.88M | -26.37M | -276.99M | -16.59M | 110.11M | 9.33M | -197.28M | -19.16M | -30.23M | -5.21M | -16.28M | -39M | -16.91M | -11.6M | -12.48M | -12.34M | 151.82M | -5.58M | -11.97M |
| Capital Expenditures | -14.86M | 0 | -4.67M | -6.27M | -5.25M | -6.31M | -9.56M | -10.52M | -3.23M | -16.85M | -11.5M | -17.01M | -2.33M | -17.42M | -16.07M | -2.41M | -12.07M | -2.07M | -9.95M | -4.21M |
| CapEx % of Revenue | 1.56% | 2.16% | 0.65% | 0.82% | 0.81% | 1.13% | 1.76% | 1.97% | 0.57% | 3.37% | 2.43% | 3.55% | 0.44% | 4.04% | 3.9% | 0.57% | 2.4% | 0.45% | 2.11% | 0.84% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 145.78M | 165.38M | 188.74M | 183.04M | 221.37M | 361.3M | 254.23M | 234.94M | 89.14M | 169.67M | 81.17M | 80.55M | 80.11M | 161.53M | 74.74M | 76.95M | 375.03M | 156.38M | 1.45B | 1.51B |
| Other Investing | 0 | 58.88M | -13.8M | -8.31M | -10.74M | 138.85M | 18.89M | -188.57M | -12.23M | -76K | 6.29M | -2.69M | -12.59M | 0 | 4.46M | -10.07M | 266K | -380.63M | 245K | -17.71M |
| Cash from Financing | -72.27M | -142.04M | -160.02M | 57.24M | 266.06M | -205.74M | -102.25M | 253.61M | -94.64M | -49.42M | -262.35M | 148.18M | 16.71M | -62.95M | -86.37M | -59.92M | -23.96M | -481.46M | -73.07M | -212.89M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | -2.26M | -67.97M | -65.25M | -160.04M | -73.62M | -91.58M | -91.99M | -100.55M | -116.99M | -43.42M | -41.05M | -109.31M | -38.66M | -54.5M | -99.2M | -26.41M | -11.79M | -143.49M | -119.27M | -121.61M |
| Dividends Paid | -9.72M | -9.65M | -9.78M | -9.71M | -9.86M | -9.72M | -9.76M | -9.84M | -4.85M | -5.11M | -4.71M | -3.82M | -3.74M | -3.72M | -3.7M | -13.49M | -3.71M | -3.65M | -3.82M | -3.85M |
| Share Repurchases | -2.26M | -67.97M | -65.25M | -160.04M | -73.62M | -91.58M | -91.99M | -100.55M | -116.99M | -43.42M | -41.05M | -109.31M | -38.66M | -54.5M | -72.44M | -26.41M | -11.79M | -138.35M | -119.27M | -121.61M |
| Other Financing | -40.29M | -24.4M | 0 | -775K | -470K | 0 | 0 | 144M | -7.8M | 0 | -5.22M | -6.72M | -14.26M | -3.09M | 18.14M | -18.4M | -6.87M | -32.73M | -56.4M | -18.4M |
| Net Change in Cash | -70.57M | 74.48M | -42.88M | -143.69M | 252.49M | 149.77M | -2.65M | 1.04M | -87.79M | 96.9M | 33.39M | 32.69M | 7.91M | 16.15M | -23.28M | -14.45M | -43.21M | 96.91M | 13.22M | -375.23M |
| Free Cash Flow | -26.34M | 141.08M | 123.49M | 56.83M | -14.66M | 234.56M | 67.76M | -71.9M | 12.88M | 156.65M | 301.4M | -122.7M | 9.95M | 75.17M | 62.35M | 50.03M | -21.95M | 97.53M | 97.83M | 137.18M |
| FCF Margin % | -2.76% | 17.14% | 17.09% | 7.39% | -2.25% | 41.89% | 12.45% | -13.47% | 2.26% | 31.32% | 63.78% | -25.58% | 1.89% | 17.44% | 15.12% | 11.72% | -4.36% | 21.33% | 20.78% | 27.38% |
| FCF Growth % | -79.72% | -39.85% | 82.24% | 179.04% | -213.83% | 49.73% | -77.52% | 41.4% | 29.4% | 108.38% | 383.41% | -345.23% | 145.32% | -22.92% | -36.27% | -63.53% | -170.03% | -33.91% | 127.86% | 18.41% |
| FCF per Share | -0.06 | 0.30 | 0.25 | 0.12 | -0.03 | 0.49 | 0.14 | -0.15 | 0.03 | 0.33 | 0.63 | -0.31 | 0.02 | 0.15 | 0.13 | 0.10 | -0.04 | 0.19 | 0.18 | 0.24 |
| FCF Conversion (FCF/Net Income) | -0.14x | 11.05x | 5.09x | 1.24x | 0.02x | 9.99x | 5.99x | -1.40x | 0.57x | 8.70x | 18.36x | 5.36x | 1.29x | 41.71x | 13.53x | 4.33x | -0.38x | 1.45x | -9.45x | 9.49x |
| Interest Paid | 0 | 60.34M | 3.35M | 41.05M | 4.68M | 47.24M | 2.5M | 32.96M | 5.7M | 32.87M | 16.98M | 16.2M | 14.62M | 13.79M | 13.45M | 13.14M | 13.28M | 15.42M | 15.67M | 22.01M |
| Taxes Paid | 0 | 36.03M | 24.34M | 54.02M | 33.75M | -82.8M | 23.58M | 41.89M | 17.33M | 23.27M | 14.57M | 23.29M | 9.59M | 3.52M | 9.18M | 18.74M | 4.35M | 10.3M | 11.72M | 20.13M |