Cboe Global Markets (CBOE) Operating Expenses (2010 - 2026)

Cboe Global Markets (CBOE) reported Operating Expenses of $223.3 million for Q1 2026, up 5.68% on a YoY basis from $211.3 million in Q1 2025, and down 16.46% quarter-over-quarter from $267.3 million in Q4 2025.

Cboe Global Markets (CBOE) Operating Expenses (2010 - 2026) Analysis & Trends

Cboe Global Markets has reported Operating Expenses for 17 years, with the latest figure 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.
  • The five-year high for Operating Expenses was $661.5 million in Q2 2022, with the low at $178.4 million in Q1 2022.
  • Historically, Operating Expenses has averaged $251.3 million across 5 years, with a median of $223.3 million in 2026.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 311.89% — and 2023, when it tumbled 66.39%.
  • Cboe Global Markets' Operating Expenses stood at $206.6 million in 2022, then decreased by 0.77% to $205.0 million in 2023, then advanced by 10.24% to $226.0 million in 2024, then rose by 18.27% to $267.3 million in 2025, then fell 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 122.27 Bn 125.38 Bn 2.94 Bn 2.34 Bn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 570.40 Mn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 1.16 Bn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 1.31 Bn
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 750.00 Mn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn 1.43 Bn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 393.90 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 223.30 Mn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 1.00 Bn
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 426.06 Mn

Historic Data

Download Data
DateValue
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