# BGC Group, Inc. (BGC) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from BGC Group, Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/BGC/mda/fy2025/): filed 2026-03-02; accession 0001628280-26-013162 (https://www.sec.gov/Archives/edgar/data/1094831/000162828026013162/bgcg-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/BGC/mda/fy2024/): filed 2025-03-03; accession 0001628280-25-009421 (https://www.sec.gov/Archives/edgar/data/1094831/000162828025009421/bgcg-20241231.htm)
- [FY 2023 MD&A](/company/BGC/mda/fy2023/): filed 2024-02-29; accession 0001628280-24-007951 (https://www.sec.gov/Archives/edgar/data/1094831/000162828024007951/bgcp-20231231.htm)
- [FY 2022 MD&A](/company/BGC/mda/fy2022/): filed 2023-03-01; accession 0001628280-23-005839 (https://www.sec.gov/Archives/edgar/data/1094831/000162828023005839/bgcp-20221231.htm)
- [FY 2021 MD&A](/company/BGC/mda/fy2021/): filed 2022-02-28; accession 0001628280-22-004275 (https://www.sec.gov/Archives/edgar/data/1094831/000162828022004275/bgcp-20211231.htm)

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