Cboe Global Markets, Inc. financials

Key figures from Cboe Global Markets, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricSep 2026Sep 2025Change
Revenue$1.4B$1.1B+19.0%
Net income$428M$301M+42.4%
Free cash flow$793M$138M+475.1%
Gross margin52.4%53.0%-0.6 pts
Operating margin39.3%32.4%+6.9 pts
Net margin31.5%26.3%+5.2 pts

Quarterly trend

Revenue by quarter
$969MDec 2023*$957MMar 2024$974MJun 2024$1.1BSep 2024$1.1BDec 2024*$1.2BMar 2025$1.2BJun 2025$1.1BSep 2025$1.2BDec 2025*$1.3BMar 2026$1.4BJun 2026$1.4BSep 2026
Net income by quarter
Dec 2023*$210MMar 2024$140MJun 2024$219MSep 2024$197MDec 2024*$251MMar 2025$235MJun 2025$301MSep 2025$314MDec 2025*$386MMar 2026$353MJun 2026$428MSep 2026
Free cash flow by quarter
-$206MDec 2023*$888MMar 2024$1.5BJun 2024-$591MSep 2024-$734MDec 2024*$898MMar 2025$313MJun 2025$138MSep 2025$332MDec 2025*$1.9BMar 2026-$536MJun 2026$793MSep 2026
Margins by quarter
8%36%64%Dec 2023*Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 2026Sep 202651.5%52.5%52.8%50.4%47.4%47.3%50.0%53.0%55.7%57.3%50.7%52.4%30.3%29.5%21.6%29.1%27.0%29.6%28.9%32.4%33.5%39.7%33.0%39.3%21.9%14.4%20.7%17.7%21.0%20.0%26.3%26.0%30.3%24.5%31.5%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$4.7B$1.1B23.3%$1.7B$10.42
FY Dec 2024$4.1B$765M18.7%$1.0B$7.21
FY Dec 2023$3.8B$761M20.2%$1.0B$7.13
FY Dec 2022$4.0B——$591M$2.19
FY Dec 2021$3.5B$529M15.1%$546M$4.92

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.