Cboe Global Markets (CBOE) Research & Development (2010 - 2026)
Cboe Global Markets' (CBOE) quarterly Research & Development came in at $26.2 million in Q2 2026, down 1.87% on a YoY basis from $26.7 million in Q2 2025, and down 5.07% quarter-over-quarter from $27.6 million in Q1 2026.
Analysis
Cboe Global Markets (CBOE) Research & Development (2010 - 2026) Analysis & Trends
Cboe Global Markets (CBOE) has reported Research & Development for 17 consecutive years, with $26.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development fell 1.87% year-over-year to $26.2 million; the trailing twelve-month figure through Jun 2026 stood at $109.1 million (up 2.63% YoY), and the FY2025 full-year result was $107.6 million, up 4.67% from the prior year.
- Research & Development declined to $26.2 million in Q2 2026 per CBOE's latest filing, from $27.6 million in the prior quarter.
- Across five years, Research & Development topped out at $28.7 million in Q4 2025 and bottomed at $18.1 million in Q2 2022.
- Historically, Research & Development has averaged $24.5 million across 5 years, with a median of $25.2 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Research & Development surged 56.35% in 2023, then declined 13.07% in 2024.
- Over 5 years, Research & Development stood at $21.3 million in 2022, then rose by 13.62% to $24.2 million in 2023, then rose by 17.77% to $28.5 million in 2024, then advanced by 0.7% to $28.7 million in 2025, then slipped by 8.71% to $26.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $26.2 million, $27.6 million, and $28.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 99.37 Bn | 99.37 Bn | 1.65 Bn | 83.30 Mn |
| 2 | Intercontinental Exchange | 88.48 Bn | 86.53 Bn | - | 242.00 Mn |
| 3 | Nasdaq | 52.50 Bn | 51.79 Bn | 1.50 Bn | 88.00 Mn |
| 4 | Cboe Global Markets | 30.17 Bn | 27.78 Bn | 731.60 Mn | 26.20 Mn |
| 5 | Tradeweb Markets | 21.75 Bn | 19.70 Bn | - | 41.98 Mn |
| 6 | Marketaxess Holdings | 5.74 Bn | 5.45 Bn | - | 21.51 Mn |
| 7 | Miami International Holdings | 4.09 Bn | 3.41 Bn | 141.11 Mn | 10.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.20 Mn |
| 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 |