Operating Expenses

Professional fees

Cboe Global Markets Professional fees decreased by 24.7% to $18.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.0%, from $20.80M to $18.30M. Over 4 years (FY 2021 to FY 2025), Professional fees shows relatively stable performance with a 2.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase often signals heightened regulatory scrutiny, major transformation projects, or legal challenges, whereas a decrease suggests stable operations.

Detailed definition

This metric includes payments made to third-party legal, accounting, consulting, and advisory firms for specialized serv...

Peer comparison

Standard line item across all public companies; high levels relative to peers can indicate complex litigation or aggressive restructuring.

Metric ID: professional_fees

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$22.40M$24.00M$21.70M$19.70M$24.10M$20.40M$24.80M$23.90M$20.40M$24.40M$23.30M$21.50M$25.80M$21.90M$25.60M$20.80M$24.80M$21.60M$24.30M$18.30M
QoQ Change+7.1%-9.6%-9.2%+22.3%-15.4%+21.6%-3.6%-14.6%+19.6%-4.5%-7.7%+20.0%-15.1%+16.9%-18.8%+19.2%-12.9%+12.5%-24.7%
YoY Change+7.6%-15.0%+14.3%+21.3%-15.4%+19.6%-6.0%-10.0%+26.5%-10.2%+9.9%-3.3%-3.9%-1.4%-5.1%-12.0%
Range$18.30M$25.80M
CAGR-4.2%
Avg YoY Growth+1.1%
Median YoY Growth-3.6%

Frequently Asked Questions

What is Cboe Global Markets's professional fees?
Cboe Global Markets (CBOE) reported professional fees of $18.30M in Q1 2026.
How has Cboe Global Markets's professional fees changed year-over-year?
Cboe Global Markets's professional fees decreased by 12.0% year-over-year, from $20.80M to $18.30M.
What is the long-term trend for Cboe Global Markets's professional fees?
Over 4 years (2021 to 2025), Cboe Global Markets's professional fees has grown at a 2.3% compound annual growth rate (CAGR), from $83.70M to $91.50M.
What does professional fees mean?
The total expenditure on external legal, consulting, and professional advisory services.