BGC (BGC) revenue breakdown
By product, Commissions is the largest at 92% of fiscal 2025 revenue, growing 21% a year over 3 years.
By region, EMEA is the largest at 51% of fiscal 2024 revenue; Americas grew fastest, 16% a year over 2 years.
Revenue by product
Fiscal years, as BGC reports them in its 10-K filings; fiscal 2025 total $2.4B.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Commissions | — | — | — | — | — | — | $1.3B | $1.5B | $1.6B | $2.3B | 92% |
| Data, network and post-trade | — | — | — | — | — | — | $96M | $111M | $127M | $139M | 6% |
| Total other revenues | — | $99M | $113M | $137M | $137M | $146M | $14M | $15M | $16M | $27M | 1% |
| Fees from related parties | — | — | — | — | — | — | $15M | $16M | $21M | $19M | 1% |
| Rates | — | — | — | $595M | $544M | $559M | — | — | — | — | — |
| Rates | — | — | $550M | — | — | — | — | — | — | — | — |
| Rates | — | $511M | — | — | — | — | — | — | — | — | — |
| Rates | $469M | — | — | — | — | — | — | — | — | — | — |
| FX | — | — | $396M | — | — | — | — | — | — | — | — |
| Equities, Insurance, and Other Asset Classes | — | $328M | — | — | — | — | — | — | — | — | — |
| FX | — | $324M | — | — | — | — | — | — | — | — | — |
| Foreign Exchange | $303M | — | — | — | — | — | — | — | — | — | — |
| FX | — | — | — | $370M | $315M | $301M | — | — | — | — | — |
| Energy and Commodities | — | — | — | $289M | $293M | $296M | — | — | — | — | — |
| Credit | — | — | $292M | — | — | — | — | — | — | — | — |
| Credit | $292M | — | — | — | — | — | — | — | — | — | — |
| Equities Derivatives and Cash Equities | — | — | $288M | — | — | — | — | — | — | — | — |
| Credit | — | — | — | $307M | $330M | $288M | — | — | — | — | — |
| Credit | — | $285M | — | — | — | — | — | — | — | — | — |
| Equities | — | — | — | $251M | $255M | $248M | — | — | — | — | — |
| Energy and Commodities | — | — | $229M | — | — | — | — | — | — | — | — |
| Energy and Commodities | $223M | — | — | — | — | — | — | — | — | — | — |
| Energy and Commodities | — | $204M | — | — | — | — | — | — | — | — | — |
| Insurance1 | — | — | — | $156M | $183M | — | — | — | — | — | — |
| Insurance1 | — | — | — | — | — | $178M | — | — | — | — | — |
| Equities, Insurance, and Other Asset Classes | $175M | — | — | — | — | — | — | — | — | — | — |
| All Other Revenue | $93M | — | — | — | — | — | — | — | — | — | — |
| Insurance | — | — | $69M | — | — | — | — | — | — | — | — |
Revenue by region
Fiscal years, as BGC reports them in its 10-K filings; fiscal 2024 total $2.3B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| EMEA | — | — | — | — | — | — | $913M | — | $1.1B | 51% |
| Americas | — | — | — | — | — | — | $611M | — | $821M | 36% |
| APAC | $214M | $245M | $278M | $331M | $311M | $301M | $272M | $275M | $296M | 13% |
| UNITED KINGDOM | $613M | $716M | $812M | $865M | $867M | $835M | — | $731M | — | — |
| U.S. | $480M | $515M | $545M | $564M | $519M | $517M | — | $653M | — | — |
| Other Europe/MEA | $100M | $136M | $171M | $202M | $193M | $200M | — | $201M | — | — |
| France | $92M | $86M | $78M | $84M | $108M | $100M | — | $91M | — | — |
| Other Americas | $54M | $54M | $55M | $58M | $59M | $61M | — | $74M | — | — |
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Open BGC in InvestinglyQuestions
Where does BGC make its money?
In fiscal 2025, by product: Commissions $2.3B, Data, network and post-trade $139M, Total other revenues $27M, Fees from related parties $19M.
From BGC's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.