Cboe Global Markets (CBOE) Gross Margin (2016 - 2026)
Cboe Global Markets (CBOE) reported Gross Margin of 57.27% for Q1 2026, up 997.0% on a YoY basis from 5.22% in Q1 2025, and up 2.74% quarter-over-quarter from 55.74% in Q4 2025.
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 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.
- The five-year high for Gross Margin was 57.27% in Q1 2026, with the low at 42.9% in Q1 2022.
- Historically, Gross Margin has averaged 49.75% across 5 years, with a median of 50.39% in 2024.
- Annual changes were most pronounced in 2025 — Gross Margin sank 516 bps — and 2026, when it jumped 997 bps.
- Cboe Global Markets' Gross Margin 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 advanced 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 | 122.27 Bn | 125.38 Bn | 2.94 Bn | 70.39% |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 97.21% |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 74.46% |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | - |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 65.84% |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 94.06% |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 89.93% |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 57.27% |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 58.30% |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 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% |