Cboe Global Markets

CBOE Financials Market cap $29.7B as of Sep 14, 2026 16:00 ET S&P 500

Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 31, 2026

Revenue$1.44B +23% year over year

Gross profit$0.73B 51% margin

Operating profit$0.48B 33% margin

Net profit$0.35B 24% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.44	100%	+23%
Derivatives markets	0.68	47%
Cash & spot markets	0.58	40%
Data & access	0.18	13%
Cost of revenue	−0.71	49%
Gross profit	0.73	51% margin	+1pp
Operating expenses	−0.26	18%	−3pp
Operating profit	0.48	33% margin	+4pp
Other income, net	0.02
Tax	−0.14
Net profit	0.35	24% margin	+4pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.27	100%	+7%
Transaction	1.03	81%	+23%
Access & capacity fees	0.11	9%	+16%
Market data fees	0.09	7%	+18%
Other	0.03	2%	+24%
Regulatory fees	0.01	1%	−94%
Cost of revenue	−0.54	43%
Gross profit	0.73	57% margin	+10pp
Operating expenses	−0.22	18%	+0pp
Operating profit	0.51	40% margin	+10pp
Other income, net	0.01
Tax	−0.13
Net profit	0.39	30% margin	+9pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.20	100%	+9%
Transaction	0.98	81%	+28%
Access & capacity fees	0.11	9%	+11%
Market data fees	0.08	7%	+9%
Other	0.02	2%	+0%
Regulatory fees	0.02	1%	−90%
Cost of revenue	−0.53	44%
Gross profit	0.67	56% margin	+8pp
Operating expenses	−0.27	22%	+2pp
Operating profit	0.40	34% margin	+7pp
Other income, net	0.05
Tax	−0.14
Net profit	0.31	26% margin	+8pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.14	100%	+8%
Transaction	0.92	81%	+27%
Access & capacity fees	0.10	9%	+10%
Market data fees	0.08	7%	+14%
Other	0.02	2%	−3%
Regulatory fees	0.01	1%	−92%
Cost of revenue	−0.54	47%
Gross profit	0.61	53% margin	+3pp
Operating expenses	−0.24	21%	−1pp
Operating profit	0.37	32% margin	+3pp
Other income, net	0.06
Tax	−0.13
Net profit	0.30	26% margin	+6pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.17	100%	+20%
Transaction	0.87	74%	+24%
Access & capacity fees	0.10	9%	+12%
Regulatory fees	0.10	8%	+13%
Market data fees	0.08	7%	+12%
Other	0.03	2%	−3%
Cost of revenue	−0.59	50%
Gross profit	0.59	50% margin	−3pp
Operating expenses	−0.25	21%	−10pp
Operating profit	0.34	29% margin	+7pp
Tax	−0.10
Net profit	0.24	20% margin	+6pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 31, 2026 Operating margin 33% Net profit $0.35B	Apr 1 – Jun 30, 2026	Jul 31, 2026	$1.44B	+23%	33%	$0.35B	24%
Q1 FY26 Jan 1 – Mar 31, 2026 reported May 1, 2026 Operating margin 40% Net profit $0.39B	Jan 1 – Mar 31, 2026	May 1, 2026	$1.27B	+7%	40%	$0.39B	30%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 20, 2026 Operating margin 34% Net profit $0.31B	Oct 1 – Dec 31, 2025	Feb 20, 2026	$1.20B	+9%	34%	$0.31B	26%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 31, 2025 Operating margin 32% Net profit $0.30B	Jul 1 – Sep 30, 2025	Oct 31, 2025	$1.14B	+8%	32%	$0.30B	26%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Aug 1, 2025 Operating margin 29% Net profit $0.24B	Apr 1 – Jun 30, 2025	Aug 1, 2025	$1.17B	+20%	29%	$0.24B	20%