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BGC Group, Inc. BGC Net Operating Loss Carryforwards

Net Operating Loss Carryforwards at other companies

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SM EnergySM
$44M+132%
Fluor logo
FluorFLR
$331M-50.1%

Other financials

Income statement

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Revenue$955.5M+43.8%
Net income$84.1M+52.5%
EPS (diluted)$0.17+54.5%

Balance sheet

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Cash & equivalents$781.0M-19.2%
Total debt$2.0B+10.1%
Total equity$1.1B+14.1%
Total assets$5.9B+19.9%

Cash flow

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Operating cash flow$20.2M+2,307%
CapEx$4.8M-8.2%
Free cash flow$15.4M+448%

Valuation

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Market cap$5.77B+4.7%
Enterprise value$6.99B+11.0%
P/E31.4×-11.3×
P/S1.8×-0.6×

Profitability

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Net margin5.7%+0.2pp
FCF margin12.1%+1.2pp

Returns & leverage

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Return on equity17.8%+4.1pp
Debt / equity1.8×-0.1×

Where this comes from

Reported directly by BGC Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsTaxCreditCarryforwards.

The official record: BGC Group, Inc.’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is BGC Group, Inc.'s net operating loss carryforwards?
BGC Group, Inc. (BGC) reported net operating loss carryforwards of $47M in Q4 2025.
How has BGC Group, Inc.'s net operating loss carryforwards changed year-over-year?
BGC Group, Inc.'s net operating loss carryforwards increased by 39.5% year-over-year, from $33.7M to $47M.
What is the long-term trend for BGC Group, Inc.'s net operating loss carryforwards?
Over 5 years (2020 to 2025), BGC Group, Inc.'s net operating loss carryforwards has grown at a 45.9% compound annual growth rate (CAGR), from $7.1M to $47M.
What does net operating loss carryforwards mean?
These are tax assets representing losses that can be used to reduce taxable income in future periods. They provide a potential future tax shield, improving cash flow by lowering future tax payments. Investors monitor these to estimate the duration and magnitude of potential tax savings.