Cboe Global Markets (CBOE) Intangibles (2010 - 2026)
Cboe Global Markets' Intangibles was $1.18 billion in Q2 2026, down 12.7% from $1.36 billion a year earlier and down 7.1% from the prior quarter.
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Analysis
Cboe Global Markets (CBOE) Intangibles (2010 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Cboe Global Markets came in at $1.3 billion, down 5.8% from FY2024.
- Intangibles has now declined for five consecutive years, with a five-year compound annual growth rate of -5.6% (FY2020 to FY2025).
- In earlier years, Intangibles was $1.38 billion in FY2024 (-11.8%), $1.56 billion in FY2023 (-6.1%), $1.66 billion in FY2022 (-0.3%) and $1.67 billion in FY2021 (-3.5%).
- The Q2 2026 figure marks the lowest quarterly Intangibles since Q4 2016.
- Compared with a year earlier, Intangibles has declined for 13 straight quarters, with an average decline of 8.5% over the last eight quarters.
- The best year-over-year quarter for Intangibles over five years was Q3 2021 (growth of 7.6%); the worst was Q2 2026 (a decline of 12.7%).
- Per Business Quant data, CBOE's Intangibles in the three quarters before Q2 2026 was $1.27 billion (Q1 2026), $1.3 billion (Q4 2025) and $1.33 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.61 Bn | 94.70 Bn | - | 2.49 Bn |
| 2 | Robinhood Markets | 91.70 Bn | 72.73 Bn | - | 246.00 Mn |
| 3 | Intercontinental Exchange | 88.95 Bn | 82.69 Bn | - | 14.87 Bn |
| 4 | Nasdaq | 54.22 Bn | 51.65 Bn | 1.50 Bn | 6.22 Bn |
| 5 | Interactive Brokers | 38.25 Bn | 15.37 Bn | - | - |
| 6 | Cboe Global Markets | 33.42 Bn | 25.08 Bn | 731.60 Mn | 1.18 Bn |
| 7 | LPL Financial Holdings | 25.64 Bn | 20.96 Bn | - | 3.43 Bn |
| 8 | Tradeweb Markets | 25.45 Bn | 17.47 Bn | - | 1.09 Bn |
| 9 | Circle Internet | 22.26 Bn | 16.14 Bn | 288.85 Mn | 446.58 Mn |
| 10 | Xp | 16.07 Bn | -5.76 Bn | 105.39 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.18 Bn |
| Mar 31, 2026 | 1.27 Bn |
| Dec 31, 2025 | 1.30 Bn |
| Sep 30, 2025 | 1.33 Bn |
| Jun 30, 2025 | 1.36 Bn |
| Mar 31, 2025 | 1.37 Bn |
| Dec 31, 2024 | 1.38 Bn |
| Sep 30, 2024 | 1.42 Bn |
| Jun 30, 2024 | 1.42 Bn |
| Mar 31, 2024 | 1.53 Bn |
| Dec 31, 2023 | 1.56 Bn |
| Sep 30, 2023 | 1.57 Bn |
| Jun 30, 2023 | 1.61 Bn |
| Mar 31, 2023 | 1.64 Bn |
| Dec 31, 2022 | 1.66 Bn |
| Sep 30, 2022 | 1.67 Bn |
| Jun 30, 2022 | 1.79 Bn |
| Mar 31, 2022 | 1.63 Bn |
| Dec 31, 2021 | 1.67 Bn |
| Sep 30, 2021 | 1.70 Bn |
API Access
Cboe Global Markets Intangibles 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=intangibles&ticker=CBOE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=CBOE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();