A pressurized solid oxide fuel cell-gas turbine hybrid system (SOFC-GT system) has been received much attention for a distributed power generation due to its high efficiency. When considering an energy management of the system, it is found that a heat input is highly required to preheat air before being fed to the SOFC stack. The recirculation of a high-temperature cathode exhaust gas is probably an interesting option to reduce the requirement of an external heat for the SOFC-GT system. This study aims to analyze the pressurized SOFC-GT hybrid system fed by ethanol with the recycle of a cathode exhaust gas via a simulation study. Effect of important operating parameters on the electrical efficiency and heat management of the system is investigated. The results indicate that an increase in the operating pressure dramatically improves the system electrical efficiency. The suitable pressure is in a range of 4-6 bar, achieving the highest system electrical efficiency and the lowest recuperation energy from the waste heat of the GT exhaust gas. In addition, it is found that the waste heat obtained from the GT is higher than the heat required for the system, leading to a possibility of the SOFC GT system to be operated at a self-sustainable condition. Under a high pressure operation, the SOFC-GT system requires a high recirculation of the cathode exhaust gas to maintain the system without supplying the external heat; however, the increased recirculation ratio of the cathode exhaust gas reduces the system electrical efficiency. Copyright (c) 2013, Hydrogen Energy Publications, LLC. Published by Elsevier Ltd. All rights reserved.