Cboe Global Markets (CBOE) Operating Expenses (2010 - 2026)
Cboe Global Markets posted quarterly Operating Expenses of $223.3 million for Q1 2026, up 5.68% year-on-year from $211.3 million in Q1 2025, and down 16.46% on a QoQ basis from $267.3 million in Q4 2025.
Cboe Global Markets (CBOE) has 17 years of Operating Expenses data on file, last reported at $223.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 5.68% year-over-year to $223.3 million; the trailing twelve-month figure through Mar 2026 stood at $974.0 million (up 0.87% YoY), and the FY2025 full-year result was $962.0 million, down 1.23% from the prior year.
- Operating Expenses for Q1 2026 stood at $223.3 million, down from $267.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $661.5 million in Q2 2022 and bottomed at $178.4 million in Q1 2022.
- The 5-year median for Operating Expenses is $223.3 million (2026), against an average of $251.3 million.
- The widest annual swing landed in 2022, when Operating Expenses soared 311.89%; it then sank 66.39% in 2023.
- A 5-year view of Operating Expenses shows it stood at $206.6 million in 2022, then slipped by 0.77% to $205.0 million in 2023, then climbed by 10.24% to $226.0 million in 2024, then gained by 18.27% to $267.3 million in 2025, then retreated by 16.46% to $223.3 million in 2026.
- The last three Operating Expenses figures came in at $223.3 million (Q1 2026), $267.3 million (Q4 2025), and $235.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 2.34 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 570.40 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 1.31 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 750.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 1.43 Bn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 393.90 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 223.30 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 1.00 Bn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 426.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 223.30 Mn |
| Dec 31, 2025 | 267.30 Mn |
| Sep 30, 2025 | 235.20 Mn |
| Jun 30, 2025 | 248.20 Mn |
| Mar 31, 2025 | 211.30 Mn |
| Dec 31, 2024 | 226.00 Mn |
| Sep 30, 2024 | 224.60 Mn |
| Jun 30, 2024 | 303.70 Mn |
| Mar 31, 2024 | 219.70 Mn |
| Dec 31, 2023 | 205.00 Mn |
| Sep 30, 2023 | 209.30 Mn |
| Jun 30, 2023 | 222.30 Mn |
| Mar 31, 2023 | 223.50 Mn |
| Dec 31, 2022 | 206.60 Mn |
| Sep 30, 2022 | 205.60 Mn |
| Jun 30, 2022 | 661.50 Mn |
| Mar 31, 2022 | 178.40 Mn |
| Dec 31, 2021 | 169.90 Mn |
| Sep 30, 2021 | 178.80 Mn |
| Jun 30, 2021 | 160.60 Mn |
| Mar 31, 2021 | 160.90 Mn |
| Dec 31, 2020 | 172.30 Mn |
| Sep 30, 2020 | 152.70 Mn |
| Jun 30, 2020 | 135.20 Mn |
| Mar 31, 2020 | 131.90 Mn |
| Dec 31, 2019 | 161.10 Mn |
| Sep 30, 2019 | 146.60 Mn |
| Jun 30, 2019 | 158.00 Mn |
| Mar 31, 2019 | 134.00 Mn |
| Dec 31, 2018 | 157.90 Mn |
| Sep 30, 2018 | 144.40 Mn |
| Jun 30, 2018 | 154.40 Mn |
| Mar 31, 2018 | 160.80 Mn |
| Dec 31, 2017 | 156.90 Mn |
| Sep 30, 2017 | 150.40 Mn |
| Jun 30, 2017 | 149.10 Mn |
| Mar 31, 2017 | 167.30 Mn |
| Dec 31, 2016 | 99.98 Mn |
| Sep 30, 2016 | 70.40 Mn |
| Jun 30, 2016 | 66.10 Mn |
| Mar 31, 2016 | 63.60 Mn |
| Dec 31, 2015 | 80.05 Mn |
| Sep 30, 2015 | 85.93 Mn |
| Jun 30, 2015 | 75.36 Mn |
| Mar 31, 2015 | 73.29 Mn |
| Dec 31, 2014 | 79.53 Mn |
| Sep 30, 2014 | 73.83 Mn |
| Jun 30, 2014 | 74.23 Mn |
| Mar 31, 2014 | 75.85 Mn |
| Dec 31, 2013 | 69.23 Mn |
| Sep 30, 2013 | 68.32 Mn |
| Jun 30, 2013 | 75.41 Mn |
| Mar 31, 2013 | 73.28 Mn |
| Dec 31, 2012 | 70.33 Mn |
| Sep 30, 2012 | 67.46 Mn |
| Jun 30, 2012 | 66.48 Mn |
| Mar 31, 2012 | 63.98 Mn |
| Dec 31, 2011 | 67.53 Mn |
| Sep 30, 2011 | 68.64 Mn |
| Jun 30, 2011 | 63.84 Mn |
| Mar 31, 2011 | 66.51 Mn |
| Dec 31, 2010 | 65.54 Mn |
| Sep 30, 2010 | 71.08 Mn |
| Jun 30, 2010 | 70.79 Mn |