Cme (CME) Operating Expenses (2009 - 2026)
Cme (CME) reported Operating Expenses of $570.4 million for Q1 2026, up 6.76% year-over-year from $534.3 million in Q1 2025, and down 9.33% quarter-over-quarter from $629.1 million in Q4 2025.
Cme (CME) Operating Expenses (2009 - 2026) Analysis & Trends
Cme (CME) has 18 years of Operating Expenses data on file, last reported at $570.4 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $570.4 million, up 6.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 5.56% YoY), and the FY2025 annual result was $2.3 billion, up 4.21% from the prior year.
- Operating Expenses slipped to $570.4 million in Q1 2026 per CME's latest filing, from $629.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $629.1 million in Q4 2025 and troughed at $487.5 million in Q1 2022.
- A 5-year average of $541.6 million and a median of $534.3 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses dropped 7.71% in 2022, then climbed 8.8% in 2025.
- A 5-year view of Operating Expenses shows it stood at $539.5 million in 2022, then advanced by 6.78% to $576.1 million in 2023, then gained by 0.36% to $578.2 million in 2024, then increased by 8.8% to $629.1 million in 2025, then slipped by 9.33% to $570.4 million in 2026.
- Business Quant data shows CME's Operating Expenses at $570.4 million in Q1 2026, $629.1 million in Q4 2025, and $565.0 million in Q3 2025.
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| Date | Value |
|---|---|
| Mar 31, 2026 | 570.40 Mn |
| Dec 31, 2025 | 629.10 Mn |
| Sep 30, 2025 | 565.00 Mn |
| Jun 30, 2025 | 562.70 Mn |
| Mar 31, 2025 | 534.30 Mn |
| Dec 31, 2024 | 578.20 Mn |
| Sep 30, 2024 | 560.20 Mn |
| Jun 30, 2024 | 531.90 Mn |
| Mar 31, 2024 | 528.30 Mn |
| Dec 31, 2023 | 576.10 Mn |
| Sep 30, 2023 | 517.60 Mn |
| Jun 30, 2023 | 521.60 Mn |
| Mar 31, 2023 | 527.90 Mn |
| Dec 31, 2022 | 539.50 Mn |
| Sep 30, 2022 | 489.00 Mn |
| Jun 30, 2022 | 487.50 Mn |
| Mar 31, 2022 | 487.50 Mn |
| Dec 31, 2021 | 515.60 Mn |
| Sep 30, 2021 | 496.20 Mn |
| Jun 30, 2021 | 504.50 Mn |