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BGC Group, Inc. BGC Tax Credit Carryforward Valuation Allowance

Tax Credit Carryforward Valuation Allowance at other companies

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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:DeferredTaxAssetsValuationAllowance.

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 tax credit carryforward valuation allowance?
BGC Group, Inc. (BGC) reported tax credit carryforward valuation allowance of $23.44M in Q4 2025.
How has BGC Group, Inc.'s tax credit carryforward valuation allowance changed year-over-year?
BGC Group, Inc.'s tax credit carryforward valuation allowance decreased by 4.0% year-over-year, from $24.42M to $23.44M.
What is the long-term trend for BGC Group, Inc.'s tax credit carryforward valuation allowance?
Over 5 years (2020 to 2025), BGC Group, Inc.'s tax credit carryforward valuation allowance has grown at a -22.0% compound annual growth rate (CAGR), from $81.19M to $23.44M.
What does tax credit carryforward valuation allowance mean?
This is a contra-asset account that reduces the carrying value of tax credit carryforwards when it is more likely than not that some or all of the credits will not be realized. It reflects management's assessment of the company's ability to generate sufficient future taxable income. A high allowance suggests uncertainty regarding the realization of tax benefits.