Cboe Global Markets, Inc.
CBOE · CBOE
CBOE · CBOE
Cboe Global Markets operates exchange and market-infrastructure businesses spanning listed options, futures, equities, foreign exchange and market data. It makes money primarily from transaction and clearing fees when customers trade or hedge, along with recurring data, access, index and other technology-related fees. Its customers include institutional and retail investors, brokers, asset managers, market makers and other financial institutions. Options are a highlighted growth engine, while data fees and other trading businesses broaden revenue. Cboe generated $4.7 billion of FY2025 revenue and $1.1 billion of net income, up from $4.1 billion and $0.8 billion in FY2024.
CBOE fell $8.97, or 3.02%, from $297.39 to $288.42 over the period shown. Shares initially jumped 3.5% on July 29 to $307.81, then gave back the gain on July 30 before rebounding 4.6% to $310.23 on July 31. The company’s second-quarter results, released around July 31, showed a 3.19% earnings beat and 2.09% revenue beat, record options revenue, broad-based growth, stronger margins and a raised 2026 revenue outlook. That positive reaction did not hold: the stock fell 4.0% on August 3 and another 3.2% on August 4, giving back most of the post-earnings advance despite the favorable operating update.
