Cboe Global Markets (CBOE) Gross Margin (2016 - 2026)
Cboe Global Markets (CBOE) posted quarterly Gross Margin of 50.71% for Q2 2026, up 66.0% year-over-year from 30.55% in Q2 2025, and down 11.46% on a QoQ basis from 57.27% in Q1 2026.
Cboe Global Markets (CBOE) Gross Margin (2016 - 2026) Analysis & Trends
Cboe Global Markets has reported Gross Margin for 11 years, with the latest figure at 50.71% in Q2 2026.
- Gross Margin for Q2 2026 came in at 50.71%, up 66.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 54.08% (up 533.0% YoY), and the FY2025 annual result was 51.53%, up 91.0% from the prior year.
- Gross Margin declined to 50.71% in Q2 2026, from 57.27% in the prior quarter.
- Over five years, Gross Margin peaked at 57.27% in Q1 2026 and troughed at 42.9% in Q1 2022.
- A 5-year average of 49.81% and a median of 50.55% in 2026 frame the typical range for Gross Margin.
- The widest annual swing landed in 2025, when Gross Margin plunged 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 climbed by 13 bps to 51.51% in 2023, then declined by 8 bps to 47.35% in 2024, then advanced by 18 bps to 55.74% in 2025, then declined by 9 bps to 50.71% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 50.71% in Q2 2026, 57.27% in Q1 2026, and 55.74% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.61 Bn | 123.47 Bn | 2.98 Bn | 71.90% |
| 2 | Cme | 97.52 Bn | 97.52 Bn | 1.65 Bn | 96.49% |
| 3 | Intercontinental Exchange | 89.57 Bn | 87.62 Bn | - | - |
| 4 | Moodys | 86.76 Bn | 85.26 Bn | 1.67 Bn | 76.29% |
| 5 | Nasdaq | 54.95 Bn | 54.24 Bn | 1.50 Bn | 59.24% |
| 6 | Coinbase Global | 45.29 Bn | 36.50 Bn | 1.16 Bn | 95.11% |
| 7 | Msci | 41.31 Bn | 40.96 Bn | 717.10 Mn | 82.71% |
| 8 | Cboe Global Markets | 30.95 Bn | 28.56 Bn | 731.60 Mn | 50.71% |
| 9 | TransUnion | 16.34 Bn | 15.50 Bn | 765.00 Mn | 58.41% |
| 10 | Factset Research Systems | 10.81 Bn | 10.51 Bn | 310.73 Mn | 49.88% |
Historic Data
Download 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% |