Cboe Global Markets (CBOE) Operating Expenses (2010 - 2026)
Cboe Global Markets (CBOE) posted Operating Expenses of $223.3 million for Q1 2026, down 16.46% on a QoQ basis from $267.3 million in Q4 2025, and up 5.68% year-over-year from $211.3 million in Q1 2025.
Cboe Global Markets (CBOE) Operating Expenses (2010 - 2026) Analysis & Trends
Cboe Global Markets' Operating Expenses history runs 17 years deep, the most recent figure standing at $223.3 million for Q1 2026.
- Quarterly Operating Expenses rose 5.68% year-over-year to $223.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $974.0 million (up 0.87% YoY) and the FY2025 annual result came in at $962.0 million, down 1.23% from the prior year.
- Operating Expenses was $223.3 million for Q1 2026 at Cboe Global Markets, 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.
- A 5-year average of $251.3 million and a median of $223.3 million in 2026 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 311.89% — and 2023, when it slumped 66.39%.
- Cboe Global Markets' Operating Expenses stood at $206.6 million in 2022, then dropped by 0.77% to $205.0 million in 2023, then grew by 10.24% to $226.0 million in 2024, then advanced by 18.27% to $267.3 million in 2025, then decreased by 16.46% to $223.3 million in 2026.
- Business Quant data shows CBOE's Operating Expenses at $223.3 million in Q1 2026, $267.3 million in Q4 2025, and $235.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn | 2.34 Bn |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn | 599.10 Mn |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn | 1.14 Bn |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - | 1.31 Bn |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn | 788.00 Mn |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn | 1.43 Bn |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn | 379.50 Mn |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn | 223.30 Mn |
| 10 | TransUnion | 14.77 Bn | 14.04 Bn | 726.20 Mn | 1.00 Bn |
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 |