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Cboe Global Markets CBOE Futures — Revenues less cost of revenues

Other segment segments

Options
$467.6M+32.7%
North American Equities
$111.2M+17.5%
Europe and Asia Pacific
$84.9M+32.4%
Global FX
$29.4M+38.0%

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AESTotal Cost of Revenue
$2.54B+2.2%

Other financials

Income statement

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Revenue$1.3B+6.5%
Gross profit$728.9M+29.0%
Operating income$505.6M+42.9%
Net income$385.7M+53.9%
EPS (diluted)$3.66+54.4%

Balance sheet

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Cash & equivalents$5.6B+110%
Total debt$1.6B-1.2%
Total equity$5.4B+20.7%
Total assets$11.1B+27.7%

Cash flow

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Operating cash flow$2.0B+115%
CapEx$19.2M+30.6%
Free cash flow$1.9B+116%

Valuation

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Market cap$25.35B+5.6%
Enterprise value$21.32B-5.9%
P/E20.5×-6.1×
P/S5.3×0.0×

Profitability

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Gross margin54.1%+4.8pp
Operating margin33.8%+6.8pp
Net margin25.8%+7.2pp
FCF margin56.8%

Returns & leverage

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Return on equity25.1%+6.1pp
Debt / equity0.3×-0.1×
Current ratio1.4×-0.2×

Where this comes from

Reported directly by Cboe Global Markets in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The official record: Cboe Global Markets’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cboe Global Markets's futures — revenues less cost of revenues?
Cboe Global Markets (CBOE) reported futures — revenues less cost of revenues of $35.8M in Q1 2026.
How has Cboe Global Markets's futures — revenues less cost of revenues changed year-over-year?
Cboe Global Markets's futures — revenues less cost of revenues increased by 9.1% year-over-year, from $32.8M to $35.8M.
What is the long-term trend for Cboe Global Markets's futures — revenues less cost of revenues?
Over 3 years (2022 to 2025), Cboe Global Markets's futures — revenues less cost of revenues has grown at a 2.8% compound annual growth rate (CAGR), from $116M to $126.2M.
What does futures — revenues less cost of revenues mean?
Calculated as total segment revenue minus direct costs of revenue, representing the net contribution margin of the futures business before operating expenses. This reflects the core profitability of the segment's trading activity.