Operating

Unrecognized tax benefits

Cboe Global Markets Unrecognized tax benefits increased by 110.3% to $6.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 67.7%, from $19.20M to $6.20M. Over 4 years (FY 2021 to FY 2025), Unrecognized tax benefits shows a downward trend with a -100.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026May 1, 2026

How to read this metric

An increase suggests higher perceived tax risk or changes in tax audit status.

Detailed definition

Represents the change in reserves set aside for potential tax exposures or uncertain tax positions. This reflects manage...

Peer comparison

Standard accounting practice for large corporations; varies based on the complexity of the tax footprint.

Metric ID: operating_increase_decrease_liability_for_uncertainty_in_b14729

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$13.30M$9.40M$1.00M$56.00M$10.50M$11.30M$11.30M$14.30M$13.30M$10.10M$10.00M$13.60M$13.50M$16.00M$18.10M$19.20M$18.70M$22.50M-$60.40M$6.20M
QoQ Change-29.3%-89.4%>999%-81.3%+7.6%+0.0%+26.5%-7.0%-24.1%-1.0%+36.0%-0.7%+18.5%+13.1%+6.1%-2.6%+20.3%-368.4%+110.3%
YoY Change-21.1%+20.2%>999%-74.5%+26.7%-10.6%-11.5%-4.9%+1.5%+58.4%+81.0%+41.2%+38.5%+40.6%-433.7%-67.7%
Range-$60.40M$56.00M
CAGR-14.8%
Avg YoY Growth+44.6%
Median YoY Growth+10.9%

Frequently Asked Questions

What is Cboe Global Markets's unrecognized tax benefits?
Cboe Global Markets (CBOE) reported unrecognized tax benefits of $6.20M in Q1 2026.
How has Cboe Global Markets's unrecognized tax benefits changed year-over-year?
Cboe Global Markets's unrecognized tax benefits decreased by 67.7% year-over-year, from $19.20M to $6.20M.
What is the long-term trend for Cboe Global Markets's unrecognized tax benefits?
Over 4 years (2021 to 2025), Cboe Global Markets's unrecognized tax benefits has grown at a -100.0% compound annual growth rate (CAGR), from $33.20M to $0.00.
What does unrecognized tax benefits mean?
The net change in reserves for potential tax disputes or uncertainties.