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Cboe Global Markets CBOE North American Equities — Revenues less cost of revenues

Other segment segments

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$467.6M+32.7%
Europe and Asia Pacific
$84.9M+32.4%
Futures
$35.8M+9.1%
Global FX
$29.4M+38.0%

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$10.42M+59.9%

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 north american equities — revenues less cost of revenues?
Cboe Global Markets (CBOE) reported north american equities — revenues less cost of revenues of $111.2M in Q1 2026.
How has Cboe Global Markets's north american equities — revenues less cost of revenues changed year-over-year?
Cboe Global Markets's north american equities — revenues less cost of revenues increased by 17.5% year-over-year, from $94.6M to $111.2M.
What is the long-term trend for Cboe Global Markets's north american equities — revenues less cost of revenues?
Over 3 years (2022 to 2025), Cboe Global Markets's north american equities — revenues less cost of revenues has grown at a 2.4% compound annual growth rate (CAGR), from $378.9M to $407.2M.
What does north american equities — revenues less cost of revenues mean?
This represents the net revenue generated by the North American Equities segment after deducting direct costs associated with providing trading and clearing services. It serves as a measure of the segment's core top-line contribution before accounting for operating expenses. This metric highlights the profitability of the segment's core transaction and data service offerings.