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
DateValue
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