Cboe Global Markets (CBOE) Research & Development (2010 - 2026)
Cboe Global Markets (CBOE) reported Research & Development of $27.6 million for Q1 2026, up 7.81% on a YoY basis from $25.6 million in Q1 2025, and down 3.83% quarter-over-quarter from $28.7 million in Q4 2025.
Cboe Global Markets (CBOE) Research & Development (2010 - 2026) Analysis & Trends
Cboe Global Markets has reported Research & Development for 17 years, with the latest figure at $27.6 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 7.81% year-over-year to $27.6 million; the trailing twelve-month figure through Mar 2026 stood at $109.6 million (up 5.18% YoY), and the FY2025 full-year result was $107.6 million, up 4.67% from the prior year.
- Research & Development for Q1 2026 stood at $27.6 million, down from $28.7 million in the prior quarter.
- The five-year high for Research & Development was $28.7 million in Q4 2025, with the low at $18.1 million in Q2 2022.
- Historically, Research & Development has averaged $24.4 million across 5 years, with a median of $25.0 million in 2023.
- Annual changes were most pronounced in 2023 — Research & Development jumped 56.35% — and 2024, when it dropped 13.07%.
- Cboe Global Markets' Research & Development stood at $21.3 million in 2022, then grew by 13.62% to $24.2 million in 2023, then grew by 17.77% to $28.5 million in 2024, then rose by 0.7% to $28.7 million in 2025, then decreased by 3.83% to $27.6 million in 2026.
- The last three Research & Development figures came in at $27.6 million (Q1 2026), $28.7 million (Q4 2025), and $26.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | - |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 76.60 Mn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | - |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 238.00 Mn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 84.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 195.86 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 49.60 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 27.60 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | - |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.60 Mn |
| Dec 31, 2025 | 28.70 Mn |
| Sep 30, 2025 | 26.60 Mn |
| Jun 30, 2025 | 26.70 Mn |
| Mar 31, 2025 | 25.60 Mn |
| Dec 31, 2024 | 28.50 Mn |
| Sep 30, 2024 | 25.50 Mn |
| Jun 30, 2024 | 24.60 Mn |
| Mar 31, 2024 | 24.20 Mn |
| Dec 31, 2023 | 24.20 Mn |
| Sep 30, 2023 | 25.00 Mn |
| Jun 30, 2023 | 28.30 Mn |
| Mar 31, 2023 | 22.20 Mn |
| Dec 31, 2022 | 21.30 Mn |
| Sep 30, 2022 | 19.10 Mn |
| Jun 30, 2022 | 18.10 Mn |
| Mar 31, 2022 | 19.20 Mn |
| Dec 31, 2021 | 16.60 Mn |
| Sep 30, 2021 | 16.70 Mn |
| Jun 30, 2021 | 16.20 Mn |