7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 
      
    		                               
      cash flows from operating activities:
    		                               
      consolidated net income
    		58,456,000 29,511,000 -15,949,000 64,051,000 24,340,000 23,416,000 -26,316,000 53,341,000 14,154,000 11,229,000 -16,349,000 12,125,000 37,912,000 61,794,000 714,000 185,109,000 163,256,000 585,191,000 44,578,000 -5,127,000 99,524,000 642,000 14,238,000 -16,327,000 122,569,000 32,064,000 23,406,000 39,559,000 115,558,000 4,294,000 32,487,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                               
      gains on originated mortgage servicing rights
    		-38,425,000 -20,296,000 -18,711,000 -40,182,000 -23,948,000 -20,298,000 -19,552,000 -20,915,000 -23,170,000 -22,654,000 -8,965,000                  -33,901,000   
      depreciation and amortization
    		45,460,000 42,611,000 46,358,000 44,869,000 44,576,000 40,879,000 43,975,000 43,894,000 41,463,000 42,034,000 38,830,000 47,058,000 44,358,000 38,925,000 35,475,000 40,925,000 28,883,000 30,868,000 21,053,000 36,580,000 29,627,000 28,947,000 46,039,000 32,634,000 36,781,000 33,425,000 28,304,000 29,146,000 25,873,000 20,201,000 22,513,000 
      benefit for credit losses on the financial guarantee liability
    		1,697,000 1,972,000 1,503,000 -574,000                            
      provision (reversal) for doubtful accounts
    		2,477,000 4,080,000 1,559,000 601,000 265,000                           
      equity-based compensation and allocation of net income to limited partnership units and fpus
    		81,124,000 60,140,000 74,346,000 59,720,000 48,749,000 25,486,000 51,443,000 54,942,000 29,547,000 19,610,000 35,648,000 35,338,000 44,088,000 41,987,000 16,899,000 40,603,000 19,669,000 281,777,000 14,296,000 56,215,000 50,770,000 10,860,000 12,914,000    13,871,000     
      employee loan amortization and other non-cash compensation expense
    		39,977,000 38,877,000 32,359,000 32,084,000 29,700,000                           
      deferred tax provision
    		-9,331,000                        0   12,028,000 -36,000   
      non-cash changes in acquisition related earn-outs
    		199,000 200,000 188,000 188,000 -3,312,000 -1,104,000 383,000 4,789,000 187,000 3,000 191,000 -2,498,000                    
      unrealized (gains) on loans held for sale
    		7,105,000 -19,072,000 -20,121,000        -6,188,000 -36,983,000 48,098,000 -10,862,000 -965,000 -5,449,000 -9,989,000 -1,786,000 -4,035,000 2,841,000            
      loan originations—loans held for sale
    		-3,267,761,000 -2,158,500,000 -1,737,433,000 -3,334,363,000 -2,092,971,000 -1,631,220,000 -1,567,047,000 -1,659,385,000 -1,474,616,000 -2,976,883,000 -802,191,000 -2,019,703,000 -1,992,241,000 -2,140,238,000 -1,671,022,000 -3,145,062,000 -2,713,552,000 -1,118,939,000 -2,164,595,000 -4,088,340,000 -3,226,603,000 -2,513,573,000 -2,545,715,000 -1,271,991,000 -4,012,751,000 -1,944,040,000 -1,554,443,000 -2,674,707,000 -3,278,137,000 -1,249,137,000 -1,410,690,000 
      loan sales—loans held for sale
    		3,209,688,000 1,676,375,000 1,684,416,000 3,567,540,000 1,898,064,000 1,324,748,000 1,599,527,000 1,774,073,000 1,799,103,000 2,464,090,000 511,872,000 2,899,199,000 1,812,477,000 1,874,576,000 2,171,797,000 3,278,224,000 1,939,340,000 1,525,928,000 2,434,241,000 4,536,428,000 2,780,275,000 2,152,623,000 2,057,684,000 1,743,710,000 4,124,128,000 2,010,574,000 1,685,561,000 2,834,478,000 2,686,613,000 1,658,970,000 822,811,000 
      other
    		4,755,000 511,000 -42,000 7,910,000 -10,722,000 -4,539,000 6,273,000 -9,501,000 6,544,000 -1,151,000 5,843,000 522,000 353,000 686,000 611,000 940,000 895,000 890,000 885,000 -494,000 877,000 51,000 2,971,000 1,026,000 1,189,000 878,000 1,167,000     
      consolidated net income, adjusted for non-cash and non-operating items
    		135,421,000 -344,365,000 48,473,000 422,780,000 -101,816,000 -218,329,000 110,900,000 232,925,000 412,855,000 -432,537,000 -218,308,000 914,840,000 -8,659,000 -130,665,000 626,374,000 449,584,000 -678,651,000 212,178,000 317,786,000 553,669,000 -410,638,000 -288,565,000 -470,140,000 619,528,000 199,648,000 155,297,000 185,342,000 274,703,000 -521,443,000 487,692,000 -527,419,000 
      changes in operating assets and liabilities:
    		                               
      receivables
    		-20,502,000 -10,172,000 42,320,000 -62,314,000 9,506,000 -28,521,000 99,005,000 -92,753,000 3,765,000 -5,350,000 25,029,000 -17,074,000 9,462,000 13,393,000 36,663,000 -55,971,000 -104,070,000 -16,076,000 -15,154,000 3,014,000 22,541,000 36,188,000 62,000,000 -27,728,000 -9,416,000 -19,586,000 4,709,000 -62,237,000 -22,766,000 -25,113,000 -19,374,000 
      loans, forgivable loans and other receivables from employees and partners
    		-19,390,000 -35,596,000 -122,330,000 -2,083,000 -24,026,000 -24,671,000 -161,074,000 -33,667,000 -31,754,000 -47,384,000 -130,453,000 -31,013,000 -36,005,000 -35,463,000 -29,123,000 -29,024,000 -15,772,000 -25,971,000 -7,726,000 2,120,000 -14,254,000 -10,509,000 -105,274,000 -59,152,000 -48,936,000 -13,814,000 -39,995,000 -24,442,000 -35,217,000 -25,327,000 -24,583,000 
      right-of-use assets
    		25,600,000 18,401,000 -12,919,000 39,608,000 -8,630,000 36,676,000 28,244,000                         
      receivable from related parties
    		0 0 326,000         0 0 0 8,262,000                 
      other assets
    		-12,079,000 23,829,000 -62,464,000 48,397,000 -31,822,000 -9,149,000 -4,271,000 4,404,000 7,364,000 -11,407,000 -9,397,000 61,952,000 -65,949,000 47,496,000 -34,785,000 -53,954,000 -20,123,000 74,147,000 8,788,000 21,570,000 -20,828,000 49,275,000 -28,253,000 -50,358,000 -19,392,000 -24,889,000 -18,602,000 17,168,000 -2,418,000 -10,611,000 -14,063,000 
      accrued compensation
    		37,409,000 -27,267,000 -115,978,000 82,948,000 13,482,000 -15,070,000 -96,503,000 68,656,000 -1,317,000 511,000 -90,112,000 43,000 -5,234,000 11,428,000 -108,570,000 36,067,000 -238,240,000 143,166,000 -24,230,000 22,822,000 1,616,000 -10,065,000 -89,742,000 26,633,000 54,949,000 20,428,000 -62,051,000 15,280,000 36,968,000 33,019,000 -35,069,000 
      right-of-use liability
    		-27,766,000 -17,687,000 10,178,000 -42,542,000 5,053,000 -37,181,000 -32,192,000 -7,623,000 -27,017,000 -11,295,000 6,189,000                     
      accounts payable, accrued expenses and other liabilities
    		979,000 7,500,000 26,778,000 -77,846,000 53,697,000 40,598,000 -15,820,000 42,834,000 21,261,000 -19,818,000 27,398,000 5,460,000 24,501,000 -51,304,000 -13,990,000 -68,881,000 -58,943,000 116,586,000 6,839,000 -42,384,000 33,348,000 -66,649,000 -6,730,000 66,598,000 -7,657,000 61,741,000 -29,970,000 83,521,000 29,505,000 9,745,000 30,114,000 
      payables to related parties
    		-7,041,000 5,615,000 6,212,000 -6,045,000 -688,000 -2,839,000 2,928,000 3,895,000 -6,511,000 7,961,000 -8,446,000 -2,227,000 585,000 -17,136,000 13,484,000 3,415,000 1,620,000 -9,348,000 4,679,000 -1,618,000 2,260,000 -12,369,000 -14,262,000 17,824,000        
      net cash from operating activities
    		112,631,000 -379,742,000 -179,404,000 402,577,000 -85,244,000 -258,486,000 -68,783,000 219,977,000 413,540,000 -500,638,000 -398,840,000 931,608,000 -74,299,000 -163,121,000 502,155,000 277,848,000 -1,111,699,000 494,182,000 290,960,000 563,356,000 -385,955,000   593,345,000 174,805,000 179,177,000 39,433,000 303,993,000 -515,371,000 469,405,000 -590,394,000 
      cash flows from investing activities:
    		                               
      purchase of non-marketable investments
    		   0 0 0 -312,000     0 0 -368,000 -2,355,000 -7,000,000                
      payments for intangible assets
    		   0                            
      purchases of fixed assets
    		-7,732,000 -6,502,000 -5,444,000 -6,019,000 -9,182,000 -9,266,000 -7,042,000 -11,540,000 -10,187,000 -15,460,000 -18,174,000 -22,174,000 -22,486,000 -8,860,000 -8,669,000 -8,439,000 -5,179,000 -3,660,000 -2,443,000 -3,444,000 -4,205,000 -2,128,000 -9,849,000 -11,079,000 -12,707,000 -4,804,000 -5,936,000 -10,230,000 -1,658,000 -7,414,000 -1,714,000 
      purchase of restricted short-term investments
    		                               
      proceeds from maturity of restricted short-term investments
    		                               
      net cash from investing activities
    		-118,014,000 -6,502,000 -5,444,000 -6,129,000 -10,682,000 -9,266,000 -7,354,000 -11,540,000 95,314,000 -15,460,000 -118,059,000 -22,174,000 -22,518,000 -73,475,000 426,796,000 29,100,000 438,208,000 -4,437,000 -9,783,000 -16,108,000 -4,058,000 -2,236,000 18,800,000 -26,183,000 -5,044,000 -28,433,000 2,872,000 24,252,000 -29,452,000   
      cash flows from financing activities:
    		                               
      proceeds from warehouse facilities
    		3,267,761,000 2,158,500,000 1,737,433,000 3,334,363,000 2,092,971,000 1,631,220,000 1,567,047,000 1,659,385,000 1,474,616,000 2,976,883,000 802,191,000 2,019,703,000 1,992,241,000 2,140,238,000 1,671,022,000 3,145,062,000 2,713,552,000 1,118,939,000 2,164,595,000 4,088,340,000 3,226,603,000 2,513,573,000 2,545,715,000 1,271,991,000 4,012,751,000 1,944,040,000 1,554,443,000     
      principal payments on warehouse facilities
    		-3,208,235,000 -1,688,802,000 -1,670,576,000 -3,565,855,000 -1,900,032,000 -1,331,786,000 -1,572,251,000 -1,770,211,000 -1,796,631,000 -2,473,112,000 -511,896,000 -2,898,649,000 -1,810,471,000 -1,877,360,000 -2,150,011,000 -3,278,698,000 -1,939,393,000 -1,525,801,000 -2,408,764,000 -4,537,472,000 -2,780,365,000 -2,152,799,000 -2,052,041,000 -1,743,203,000 -4,125,086,000 -2,010,591,000 -1,667,084,000     
      borrowing of debt
    		0 305,000,000 115,000,000 10,000,000 60,000,000 75,000,000 700,000,000 680,000,000 25,000,000 0 225,000,000     0 0 25,000,000 30,000,000 0 0 0 365,000,000         
      repayment of debt
    		-125,000,000 -205,000,000 -15,000,000 -110,000,000 -35,000,000 0 -575,000,000 -735,000,000        0 -140,000,000 -25,000,000 -30,000,000 -200,000,000    -10,000,000 -30,000,000 -15,000,000 -50,000,000     
      purchase of limited partnership interests
    		   -1,023,000                            
      treasury stock repurchases
    		0   -30,351,000 -89,551,000 -55,507,000 -37,161,000 -5,158,000 -18,909,000   -13,609,000 -105,265,000 -145,035,000 -30,893,000 -151,204,000 -84,132,000 -45,919,000 -9,283,000     -3,385,000 -20,087,000       
      earnings and tax distributions to limited partnership interests and other noncontrolling interests
    		-5,133,000 -9,983,000 -12,869,000 -6,332,000 -9,907,000 -6,193,000 -16,225,000 -3,720,000 -9,123,000 -11,103,000 -11,429,000 -6,271,000 -16,001,000                   
      dividends to stockholders
    		-5,328,000 -5,546,000 -5,420,000 -5,098,000 -5,104,000 -5,190,000 -5,232,000 -5,219,000 -5,245,000 -5,226,000 -5,215,000 -5,180,000 -5,358,000 -5,502,000 -1,893,000 -1,935,000 -2,003,000 -1,852,000 -1,841,000 -1,809,000 -1,799,000 -1,790,000 -17,773,000 -17,586,000 -17,698,000       
      payments on acquisition earn-outs
    		0 0 -943,000     0 0   0 -4,322,000 0 -2,131,000 -1,513,000 -2,979,000 -984,000 -37,366,000 -812,000 -2,222,000 0 -1,759,000 -1,430,000 -490,000   -976,000 -245,000 -2,497,000 -758,000 
      deferred financing costs
    		-1,232,000   -1,625,000 -28,000 -302,000 -5,038,000 -3,083,000    -14,000 -1,631,000 -648,000 -2,761,000 -29,000 -1,000,000               
      net cash from financing activities
    		-77,167,000 428,196,000 147,625,000 -375,921,000 102,065,000 307,242,000 56,140,000 -183,006,000 -527,283,000 473,098,000 498,651,000 -904,020,000 49,193,000 73,799,000 -677,492,000 -285,653,000 681,049,000 -463,247,000 -328,427,000 -625,511,000 359,537,000 320,479,000 763,318,000 -519,606,000 -160,777,000 -123,245,000 -91,878,000 -529,897,000 556,616,000   
      net increase in cash and cash equivalents and restricted cash
    		-82,550,000 41,952,000 -37,223,000 20,527,000 6,139,000   25,431,000 -18,429,000 -43,000,000 -18,248,000 5,414,000 -47,624,000 -162,797,000 251,459,000 21,295,000 7,558,000 26,498,000 -47,250,000 -78,263,000 -30,476,000 15,549,000 129,717,000 47,556,000 8,984,000 27,499,000 -49,573,000     
      cash and cash equivalents and restricted cash at beginning of period
    		0 0 304,865,000 0 0 0 258,706,000  0 0 312,952,000 0 0 0 266,500,000 0 0 0 258,399,000 0 0 0 221,872,000 0 0 0 187,406,000 0 0 0 173,374,000 
      cash and cash equivalents and restricted cash at end of period
    		-82,550,000 41,952,000 267,642,000 20,527,000 6,139,000 39,490,000 238,709,000  -18,429,000 -43,000,000 294,704,000 5,414,000 -47,624,000 -162,797,000 517,959,000 21,295,000 7,558,000 26,498,000 211,149,000 -78,263,000 -30,476,000 15,549,000 351,589,000 47,556,000 8,984,000 27,499,000 137,833,000 -201,652,000 11,793,000 83,252,000 292,013,000 
      lease impairment
    		                               
      income from an equity method investment
    		                  -1,030,000     -1,250,000 -1,250,000   2,250,000 19,000 -1,843,000 -3,176,000 
      realized losses on marketable securities
    		                               
      unrealized losses on marketable securities
    		      14,000 141,000 70,000 132,000 346,000                     
      unrealized losses (gains) on non-marketable investments
    		   10,000 0                           
      payments for acquisitions, net of cash acquired and proceeds from divestitures
    		       0 0 0 -99,885,000                     
      proceeds from the sale of marketable securities
    		           0 0 0 437,820,000 55,361,000 460,291,000 3,781,000 31,631,000 0 147,000 0 34,591,000 0 10,402,000 13,098,000 9,106,000 44,445,000 0 -763,000 52,196,000 
      proceeds from the exercise of redemption option
    		       0                        
      purchase of marketable securities
    		           0                    
      purchase of mortgage servicing rights
    		                   0 0 -108,000 -92,000    -298,000 -983,000 -516,000 -1,099,000 -509,000 
      repurchase agreements and securities loaned
    		           0 0 0 -140,007,000                 
      deferred tax benefit
    		    0 0 -136,000     -24,405,000 0 0 -94,000 117,565,000 0   439,000            
      unrealized (gains) losses on loans held for sale
    		    -13,881,000                           
      unrealized (gains) losses on marketable securities
    		    -2,000                           
      benefit from credit losses on the financial guarantee liability
    		     106,000 1,251,000 -771,000 822,000 -220,000 2,803,000         -3,070,000 0 222,000 14,480,000         
      benefit from doubtful accounts
    		      -910,000 -871,000 108,000 507,000 -1,945,000 1,107,000 907,000 843,000 3,788,000 1,741,000 533,000 2,874,000 1,190,000 1,692,000 28,000 194,000 2,754,000         
      employee loan amortization
    		      31,198,000 14,246,000 28,266,000 25,043,000 25,380,000 23,142,000 21,409,000 20,704,000 18,861,000 25,425,000 17,216,000 19,455,000 17,322,000 23,403,000 18,267,000 17,458,000 14,468,000 7,299,000 13,184,000 11,067,000 7,437,000  9,099,000   
      unrealized gains on loans held for sale
    		      -9,203,000                  3,176,000 -12,422,000 -13,276,000  6,827,000 7,838,000 -15,126,000 
      net decrease in cash and cash equivalents and restricted cash
    		      -19,997,000                         
      nasdaq earn-out recognition
    		               0 0   0            
      unrealized (gains) on investments
    		              -1,599,000                 
      change in valuation of derivative asset
    		             1,087,000 313,000 292,000 -221,000 6,802,000 5,602,000 6,570,000 5,771,000 22,512,000 -21,173,000         
      right-of-use asset
    		       1,306,000 34,894,000 18,681,000 -740,000                     
      proceeds from the sale of limited partnership interests
    		               2,873,000 0 0 4,025,000             
      redemption and repurchase of limited partnership interests
    		               321,000 0               
      unrealized (gains)/losses on loans held for sale
    		        -3,937,000                       
      loss (income) from an equity method investment
    		        -5,686,000 -4,952,000 -3,583,000         0            
      provision/(reversals) for/of credit losses on the financial guarantee liability
    		           1,152,000 677,000 -284,000 195,000 1,634,000 1,123,000 -4,701,000 -1,648,000             
      (gains) losses from an equity method investment
    		                               
      realized losses (gains) on marketable securities
    		                               
      unrealized losses (gains) on marketable securities
    		                               
      payments for acquisitions, net of cash acquired
    		           0 0   -10,822,000 -15,404,000 -4,558,000 -38,971,000 0 0 0 -5,850,000 -15,727,000 -2,009,000       
      distributions from equity method investment
    		                               
      purchase of debt securities
    		                               
      gain on originated mortgage servicing rights
    		            -26,752,000 -35,427,000 -36,199,000     -67,342,000 -53,006,000 -34,598,000 -38,967,000 -29,287,000 -35,186,000 -21,433,000 -17,254,000    -6,389,000 
      realized gain on marketable securities
    		            0 0 7,470,000                -2,400,000 
      unrealized gain on marketable securities
    		            283,000 0 80,130,000 -35,781,000               -796,000 
      unrealized loss (gains) on non-marketable investments
    		            -1,000                   
      right of use asset
    		            23,087,000 -34,684,000 9,854,000 36,190,000 -15,320,000 13,179,000 7,459,000             
      right of use liability
    		            -16,087,000 33,814,000 -6,014,000 -31,316,000 17,800,000 -13,679,000 -7,481,000             
      gains from an equity method investment
    		                               
      earnings distributions to limited partnership interests and other noncontrolling interests
    		              -20,818,000 -537,000 -2,996,000 -4,859,000 -6,515,000             
      unrealized gain on investment
    		               0                
      (gains) income from an equity method investment
    		                               
      realized (gain) loss on marketable securities
    		               -7,996,000           51,000     
      realized loss (gains) on non-marketable investments
    		               941,000 0               
      purchase of msrs
    		                               
      settlement of pre-spin-off related party receivables
    		                       0 0 6,848,000 27,044,000     
      gain on originated msrs
    		                -28,246,000 -22,436,000 -48,138,000             
      non-cash changes in acquisition related earnouts
    		                221,000 338,000 414,000   1,102,000 -12,813,000         
      securities loaned
    		                140,000,000 0 -33,278,000 33,278,000 0 0 -36,735,000 11,897,000 -8,822,000 -10,085,000 43,745,000 -8,580,000 -547,000   
      realized loss (gains) on marketable securities
    		                 -2,693,000 -1,950,000 0            
      unrealized loss on marketable securities
    		                               
      unrealized gains on marketable securities
    		                  -399,000      665,000 -1,150,000 -3,960,000     
      unrealized loss (gains) on marketable securities
    		                               
      proceeds from bgc's purchase of exchangeable limited partnership units in newmark holdings
    		                           0    
      proceeds from issuance of epus
    		                               
      payments to related parties
    		                              -13,000,000 
      borrowings from related parties
    		                              177,016,000 
      proceeds from the ipo, net of underwriting discounts
    		                               
      capital contribution
    		                               
      earnings distributions to limited partnership interests and noncontrolling interests
    		                   0 -7,164,000 -37,966,000 -36,749,000 -27,885,000 -18,823,000 -59,917,000 -33,951,000     
      prepayment penalty on debt
    		                               
      payment of deferred financing costs
    		                   -672,000 -516,000 -539,000 -2,340,000    -32,000 -156,000 -1,096,000 -40,000 -16,000 
      change in fair value of contingent consideration
    		                       89,000 208,000 238,000 193,000 236,000 -215,000 219,000 134,000 
      unrealized (gains) on marketable securities
    		                               
      unrealized gain on non-marketable investments
    		                               
      unrealized (gains) loss on loans held for sale
    		                     10,903,000 -36,061,000         
      (income) income from an equity method investment
    		                               
      realized (gains) loss on marketable securities
    		                     0 2,204,000         
      unrealized (gains) loss on marketable securities
    		                               
      adjustments to reconcile net income to net cash (used in) provide by operating activities:
    		                               
      loss on non-marketable investments
    		                      16,837,000         
      net cash (used in) provide by operating activities
    		                      -652,401,000         
      nasdaq recognition
    		                       0        
      equity-based compensation and allocation of net income to limited partnership units and fpus and issuance of common stock
    		                               
      deferred tax provision/
    		                               
      realized gains on non-marketable investments
    		                               
      benefit from uncollectible accounts
    		                       242,000 -70,000 689,000 956,000 1,154,000 159,000 1,077,000 1,140,000 
      distributions of earnings to bgc
    		                               
      pre-acquisition distributions relating to bpf acquisitions
    		                               
      equity-based compensation and allocations of net income to limited partnership units and fpus
    		                        56,648,000       
      realized gain on non-marketable investments
    		                               
      realized gains on marketable securities
    		                        -2,244,000    0   
      changes in valuation of derivative asset
    		                        8,214,000       
      distributions from real estate lp
    		                               
      purchases of non-marketable investments
    		                        -7,900,000       
      purchases of mortgage servicing rights
    		                        -123,000       
      proceeds from issuance of exchangeable preferred partnership units
    		                           -3,400,000 112,683,000   
      fees relating to the ipo
    		                               
      borrowings of debt
    		                        45,000,000 60,000,000 50,000,000     
      payments of deferred financing costs
    		                        -1,282,000       
      unrealized gain on measurement alternative investments
    		                               
      valuation of derivative asset
    		                          13,329,000 -12,675,000 -9,135,000   
      investment in cost method investments
    		                           -7,000,000 0 -15,000,000 -7,500,000 
      distributions to stockholders
    		                          -16,043,000     
      nasdaq earn-out
    		                               
      employee loan amortization and reserves
    		                               
      payments for acquisitions, net of cash acquired and repurchase of noncontrolling interests
    		                               
      borrowing of long-term debt
    		                               
      repayment of long-term debt
    		                           -133,950,000 -113,200,000 -152,850,000 -270,710,000 
      capital contribution from cantor
    		                               
      distributions to noncontrolling interests
    		                             0 -100,000 
      equity-based compensation and allocations of net income to limited partnership units
    		                            40,263,000 58,104,000 25,809,000 
      amortization of deferred financing costs
    		                            158,000 254,000 255,000 
      payments for acquisitions, net of cash acquired and repurchases of noncontrolling interests
    		                            -27,278,000   
      proceeds from warehouse notes payable
    		                            3,278,137,000 1,249,137,000 1,410,690,000 
      principal payments on warehouse notes payable
    		                            -2,686,916,000 -1,659,045,000 -820,651,000 
      pre-acquisition distributions relating to the bpf acquisition
    		                               
      earnings distributions
    		                               
      dividends to common stockholders
    		                               
      payments for ipo offering costs
    		                            0 0 -8,870,000 
      net increase in cash and cash equivalents
    		                            11,793,000 83,252,000 118,639,000 
      supplemental disclosures of cash flow information:
    		                               
      cash paid during the period for:
    		                               
      interest
    		                            20,534,000 20,444,000 12,922,000 
      taxes
    		                            869,000 15,000 19,000 
      proceeds from bgc's purchase of exchangeability limited partnership units in newmark holdings
    		                             0 241,960,000 
      employee loan amortization and impairment
    		                              6,009,000 
      cash acquired, net of purchases of noncontrolling interest
    		                               
      net cash provided (used in) by investing activities
    		                              42,473,000 
      secured loans
    		                              -49,001,000 
      net cash provided (used in) by financing activities
    		                              666,560,000 
      equity-based compensation
    		                               
      unrealized losses (gains) on loans held for sale
    		                               
      restricted cash
    		                               
      net cash provided (used in) by operating activities
    		                               
      distributions relating to bpf acquisitions
    		                               
      cash and cash equivalents at beginning of period
    		                               
      cash and cash equivalents at end of period
    		                               
      supplemental disclosure of noncash investing and financing activities:
    		                               
      net assets contributed by bgc partners’
    		                               
      debt assumed from bgc
    		                               
      accrued offering costs
    		                               
      supplemental noncash activity for the purchase of noncontrolling interest:
    		                               
      total stockholders’ equity
    		                               
      noncontrolling interest
    		                               
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.