Cboe Global Markets (CBOE) Cost of Revenue (2016 - 2026)
Cboe Global Markets (CBOE) posted Cost of Revenue of $5.8 million for Q1 2026, up 100.34% on a QoQ basis from -$1.7 billion in Q4 2025, and down 99.08% year-over-year from $629.8 million in Q1 2025.
Cboe Global Markets (CBOE) Cost of Revenue (2016 - 2026) Analysis & Trends
Cboe Global Markets' Cost of Revenue history runs 11 years deep, the most recent figure standing at $5.8 million for Q1 2026.
- Quarterly Cost of Revenue fell 99.08% year-over-year to $5.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$599.6 million (down 119.36% YoY) and the FY2025 annual result came in at $24.4 million, down 98.79% from the prior year.
- Cost of Revenue was $5.8 million for Q1 2026 at Cboe Global Markets, up from -$1.7 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $2.0 billion in Q4 2024 and bottomed at -$1.7 billion in Q4 2025.
- A 5-year average of $352.3 million and a median of $460.2 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 30322.22% — and 2025, when it sank 186.43%.
- Cboe Global Markets' Cost of Revenue stood at $547.6 million in 2022, then soared by 234.93% to $1.8 billion in 2023, then rose by 9.0% to $2.0 billion in 2024, then sank by 186.43% to -$1.7 billion in 2025, then jumped by 100.34% to $5.8 million in 2026.
- Business Quant data shows CBOE's Cost of Revenue at $5.8 million in Q1 2026, -$1.7 billion in Q4 2025, and $536.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn | 1.24 Bn |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn | 59.90 Mn |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn | 518.00 Mn |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - | - |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn | 1.03 Bn |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn | 83.91 Mn |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn | 149.90 Mn |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn | 5.80 Mn |
| 10 | TransUnion | 14.77 Bn | 14.04 Bn | 726.20 Mn | 519.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.80 Mn |
| Mar 31, 2026 | 5.80 Mn |
| Dec 31, 2025 | -1.73 Bn |
| Dec 31, 2025 | -1.73 Bn |
| Sep 30, 2025 | 536.20 Mn |
| Sep 30, 2025 | 536.20 Mn |
| Jun 30, 2025 | 586.20 Mn |
| Jun 30, 2025 | 586.20 Mn |
| Mar 31, 2025 | 629.80 Mn |
| Mar 31, 2025 | 629.80 Mn |
| Dec 31, 2024 | 2.00 Bn |
| Dec 31, 2024 | 2.00 Bn |
| Sep 30, 2024 | 7.80 Mn |
| Sep 30, 2024 | 7.80 Mn |
| Jun 30, 2024 | 460.20 Mn |
| Jun 30, 2024 | 460.20 Mn |
| Mar 31, 2024 | 6.80 Mn |
| Mar 31, 2024 | 6.80 Mn |
| Dec 31, 2023 | 1.83 Bn |
| Dec 31, 2023 | 1.83 Bn |