Cboe Global Markets Total Operating Expenses decreased by 16.5% to $223.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.7%, from $211.30M to $223.30M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 9.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $160.60M | $178.80M | $169.90M | $178.40M | $661.50M | $205.60M | $206.60M | $223.50M | $222.30M | $209.30M | $205.00M | $219.70M | $303.70M | $224.60M | $226.00M | $211.30M | $248.20M | $235.20M | $267.30M | $223.30M |
| QoQ Change | — | +11.3% | -5.0% | +5.0% | +270.8% | -68.9% | +0.5% | +8.2% | -0.5% | -5.8% | -2.1% | +7.2% | +38.2% | -26.0% | +0.6% | -6.5% | +17.5% | -5.2% | +13.6% | -16.5% |
| YoY Change | — | — | — | — | +311.9% | +15.0% | +21.6% | +25.3% | -66.4% | +1.8% | -0.8% | -1.7% | +36.6% | +7.3% | +10.2% | -3.8% | -18.3% | +4.7% | +18.3% | +5.7% |