v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Cantor
Additional Paid-in Capital
Additional Paid-in Capital
Cantor
Treasury Stock
Retained Deficit
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest in Subsidiaries
Class A Common Stock
Common Stock
Class B Common Stock
Common Stock
Beginning balance at Dec. 31, 2024 $ 1,079,239   $ 2,311,104   $ (331,728) $ (1,026,359) $ (59,849) $ 180,732 $ 4,244 $ 1,095
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Consolidated net income (loss) 109,644         112,709   (3,065)    
Other comprehensive income (loss), net of tax 19,332           18,778 554    
Equity-based compensation 86,791   86,690   (12)       113  
Dividends to common stockholders and participating RSU holders (19,564)         (19,564)        
Issuance of Class A common stock (net of costs) (1,053)   (1,054)           1  
Repurchase of Class A common stock (171,635)       (171,635)          
Forfeiture of Class A common stock (152)   224   (376)          
Contributions of capital to and from Cantor for equity-based compensation   $ 1,220   $ 1,220            
Issuance of Class A common stock and RSUs for acquisitions 6,028   6,022           6  
Other (1,167)   (1,167)              
Ending balance at Jun. 30, 2025 1,108,683   2,403,039   (503,751) (933,214) (41,071) 178,221 4,364 1,095
Beginning balance at Mar. 31, 2025 1,142,951   2,348,207   (355,084) (981,052) (53,696) 179,167 4,314 1,095
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Consolidated net income (loss) 56,215         57,545   (1,330)    
Other comprehensive income (loss), net of tax 13,009           12,625 384    
Equity-based compensation 53,522   53,483   (7)       46  
Dividends to common stockholders and participating RSU holders (9,707)         (9,707)        
Issuance of Class A common stock (net of costs) (466)   (467)           1  
Repurchase of Class A common stock (148,510)       (148,510)          
Forfeiture of Class A common stock (62)   88   (150)          
Contributions of capital to and from Cantor for equity-based compensation 391   391              
Issuance of Class A common stock and RSUs for acquisitions 2,507   2,504           3  
Other (1,167)   (1,167)              
Ending balance at Jun. 30, 2025 1,108,683   2,403,039   (503,751) (933,214) (41,071) 178,221 4,364 1,095
Beginning balance at Dec. 31, 2025 1,145,342   2,532,497   (614,526) (910,391) (40,641) 172,859 4,449 1,095
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Consolidated net income (loss) 152,301         156,635   (4,334)    
Other comprehensive income (loss), net of tax 1,061           1,228 (167)    
Equity-based compensation 105,666   105,564   4       98  
Dividends to common stockholders and participating RSU holders (19,378)         (19,378)        
Issuance of Class A common stock (net of costs) (682)   (683)           1  
Repurchase of Class A common stock (114,706)       (114,706)          
Forfeiture of Class A common stock (442)   854   (1,296)          
Contributions of capital to and from Cantor for equity-based compensation   $ 348   $ 348            
Issuance of Class A common stock and RSUs for acquisitions 3,903   3,899           4  
Other 495   495              
Ending balance at Jun. 30, 2026 1,273,908   2,642,974   (730,524) (773,134) (39,413) 168,358 4,552 1,095
Beginning balance at Mar. 31, 2026 1,271,998   2,587,661   (617,013) (835,965) (40,418) 172,125 4,513 1,095
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Consolidated net income (loss) 68,837         72,487   (3,650)    
Other comprehensive income (loss), net of tax 888           1,005 (117)    
Equity-based compensation 54,629   54,589   2       38  
Dividends to common stockholders and participating RSU holders (9,656)         (9,656)        
Issuance of Class A common stock (net of costs) (440)   (441)           1  
Repurchase of Class A common stock (112,447)       (112,447)          
Forfeiture of Class A common stock (347)   719   (1,066)          
Contributions of capital to and from Cantor for equity-based compensation 347   347              
Other 99   99              
Ending balance at Jun. 30, 2026 $ 1,273,908   $ 2,642,974   $ (730,524) $ (773,134) $ (39,413) $ 168,358 $ 4,552 $ 1,095