Cboe Global Markets (CBOE) Gross Margin (2016 - 2026)
Cboe Global Markets posted quarterly Gross Margin of 57.27% for Q1 2026, up 997.0% year-on-year from 5.22% in Q1 2025, and up 2.74% on a QoQ basis from 55.74% in Q4 2025.
Cboe Global Markets (CBOE) has 11 years of Gross Margin data on file, last reported at 57.27% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 997.0% year-over-year to 57.27%; the trailing twelve-month figure through Mar 2026 stood at 54.11% (up 481.0% YoY), and the FY2025 full-year result was 51.53%, up 91.0% from the prior year.
- Gross Margin for Q1 2026 stood at 57.27%, up from 55.74% in the prior quarter.
- Across five years, Gross Margin topped out at 57.27% in Q1 2026 and bottomed at 42.9% in Q1 2022.
- The 5-year median for Gross Margin is 50.39% (2024), against an average of 49.75%.
- The widest annual swing landed in 2025, when Gross Margin tumbled 516 bps; it then jumped 997 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 45.5% in 2022, then grew by 13 bps to 51.51% in 2023, then fell by 8 bps to 47.35% in 2024, then climbed by 18 bps to 55.74% in 2025, then climbed by 3 bps to 57.27% in 2026.
- The last three Gross Margin figures came in at 57.27% (Q1 2026), 55.74% (Q4 2025), and 53.03% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 70.39% |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 97.21% |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | - |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 74.46% |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 65.84% |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 94.06% |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 89.93% |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 57.27% |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 58.30% |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 51.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 43.78% |
| Mar 31, 2021 | 36.16% |
| Dec 31, 2020 | 36.38% |
| Sep 30, 2020 | 36.84% |
| Jun 30, 2020 | 34.18% |
| Mar 31, 2020 | 38.88% |
| Dec 31, 2019 | 46.83% |
| Sep 30, 2019 | 43.53% |
| Jun 30, 2019 | 45.63% |
| Mar 31, 2019 | 46.37% |
| Dec 31, 2018 | 44.72% |
| Sep 30, 2018 | 46.97% |
| Jun 30, 2018 | 42.47% |
| Mar 31, 2018 | 42.24% |
| Dec 31, 2017 | 42.79% |
| Sep 30, 2017 | 44.11% |
| Jun 30, 2017 | 41.65% |
| Mar 31, 2017 | 54.30% |
| Dec 31, 2016 | 81.68% |
| Sep 30, 2016 | 80.74% |
| Jun 30, 2016 | 83.25% |
| Mar 31, 2016 | 83.93% |