Cboe Global Markets (CBOE) Gross Margin (2016 - 2026)
Cboe Global Markets (CBOE) posted Gross Margin of 50.71% for Q2 2026, up 0.66 percentage points from 50.05% a year earlier but down 6.56 percentage points from the prior quarter.
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Analysis
Cboe Global Markets (CBOE) Gross Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Cboe Global Markets was 54.08%, up 5.33 percentage points year-over-year; for FY2025, it came in at 51.53%, up 0.91 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +14.93 percentage points (FY2020 to FY2025).
- In prior years, Cboe Global Markets' Gross Margin was 50.61% in FY2024 (-0.21 pp), 50.83% in FY2023 (+6.83 pp), 44.00% in FY2022 (+1.76 pp) and 42.24% in FY2021 (+5.64 pp).
- Quarterly Gross Margin has run from a low of 42.90% in Q1 2022 to a high of 57.27% in Q1 2026 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last four quarters, with an average year-over-year change of +0.89 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2026, with a gain of 9.97 percentage points; the weakest was Q1 2025, with a drop of 5.16 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 57.27% (Q1 2026), 55.74% (Q4 2025) and 53.03% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.48 Bn | 85.58 Bn | - | - |
| 2 | Bank of New York Mellon | 99.71 Bn | 39.09 Bn | - | - |
| 3 | Cme | 94.57 Bn | 94.57 Bn | - | - |
| 4 | Intercontinental Exchange | 85.38 Bn | 79.19 Bn | - | - |
| 5 | Nasdaq | 51.62 Bn | 49.05 Bn | 1.50 Bn | 59.24% |
| 6 | State Street | 48.84 Bn | 48.84 Bn | - | - |
| 7 | Interactive Brokers | 38.83 Bn | 32.29 Bn | - | - |
| 8 | Northern Trust | 31.65 Bn | 31.65 Bn | - | - |
| 9 | Cboe Global Markets | 27.38 Bn | 19.03 Bn | 731.60 Mn | 50.71% |
| 10 | LPL Financial Holdings | 24.26 Bn | 19.58 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.71% |
| Mar 31, 2026 | 57.27% |
| Dec 31, 2025 | 55.74% |
| Sep 30, 2025 | 53.03% |
| Jun 30, 2025 | 50.05% |
| Mar 31, 2025 | 47.30% |
| Dec 31, 2024 | 47.35% |
| Sep 30, 2024 | 50.39% |
| Jun 30, 2024 | 52.75% |
| Mar 31, 2024 | 52.46% |
| Dec 31, 2023 | 51.51% |
| Sep 30, 2023 | 52.87% |
| Jun 30, 2023 | 51.45% |
| Mar 31, 2023 | 47.70% |
| Dec 31, 2022 | 45.50% |
| Sep 30, 2022 | 44.53% |
| Jun 30, 2022 | 43.02% |
| Mar 31, 2022 | 42.90% |
| Dec 31, 2021 | 45.07% |
| Sep 30, 2021 | 45.24% |
API Access
Cboe Global Markets Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CBOE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CBOE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CBOE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();