Cboe Global Markets, Inc. (CBOE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 669.9M | 639.8M | 605.5M | 587.3M | 565.2M | 524.5M | 532M | 513.8M | 502.1M | 499M | 480.5M | 467.1M | 471.4M | 457.1M | 442.4M | 424.1M | 418.1M | 390.5M | 369.5M | 350.6M |
| Gross Margin % | 52.63% | 53.14% | 53.03% | 50.05% | 47.3% | 47.35% | 50.39% | 52.75% | 52.46% | 51.51% | 52.87% | 51.45% | 47.7% | 45.5% | 44.53% | 43.02% | 42.9% | 45.07% | 45.24% | 43.78% |
| Gross Profit Growth % | 18.52% | 21.98% | 13.82% | 14.31% | 12.57% | 5.11% | 10.72% | 10% | 6.51% | 9.17% | 8.61% | 10.14% | 12.75% | 17.06% | 19.73% | 20.96% | 14.39% | 27.16% | 26.54% | 18.09% |
| Operating Expenses | 164.3M | 211M | 235.2M | 248.2M | 211.3M | 226M | 224.6M | 303.7M | 219.7M | 205M | 209.3M | 222.3M | 223.5M | 206.6M | 205.6M | 661.5M | 178.4M | 169.9M | 178.8M | 160.6M |
| OpEx % of Revenue | 12.91% | 17.52% | 20.6% | 21.15% | 17.68% | 20.4% | 21.27% | 31.18% | 22.95% | 21.16% | 23.03% | 24.49% | 22.62% | 20.56% | 20.69% | 67.1% | 18.31% | 19.61% | 21.89% | 20.05% |
| Selling, General & Admin | 26.3M | 24.3M | 162.8M | 160.9M | 149.6M | 153.9M | 153.6M | 151.2M | 150.8M | 145.1M | 129.4M | 140.4M | 148.1M | 127.6M | 128.5M | 115.8M | 110.3M | 122.4M | 100.3M | 92M |
| SG&A % of Revenue | 2.07% | 2.02% | 14.26% | 13.71% | 12.52% | 13.89% | 14.55% | 15.52% | 15.75% | 14.98% | 14.24% | 15.47% | 14.99% | 12.7% | 12.93% | 11.75% | 11.32% | 14.13% | 12.28% | 11.49% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 505.6M | 428.8M | 370.3M | 339.1M | 353.9M | 298.5M | 307.4M | 210.1M | 282.4M | 294M | 271.2M | 244.8M | 247.9M | 250.5M | 236.8M | -237.4M | 239.7M | 220.6M | 190.7M | 190M |
| Operating Margin % | 39.72% | 35.61% | 32.43% | 28.9% | 29.62% | 26.95% | 29.12% | 21.57% | 29.5% | 30.35% | 29.84% | 26.97% | 25.09% | 24.93% | 23.83% | -24.08% | 24.6% | 25.46% | 23.35% | 23.73% |
| Operating Income Growth % | 42.87% | 43.65% | 20.46% | 61.4% | 25.32% | 1.53% | 13.35% | -14.17% | 13.92% | 17.37% | 14.53% | 203.12% | 3.42% | 13.55% | 24.17% | -224.95% | 17.16% | 63.65% | 36.9% | 17.5% |
| EBITDA | 535.1M | 460.1M | 401.2M | 369M | 384.2M | 330.6M | 339.2M | 241.9M | 319.7M | 332M | 310M | 284.6M | 289.3M | 295.2M | 277.8M | -197.2M | 280.6M | 262.6M | 233.5M | 230.6M |
| EBITDA Margin % | 42.04% | 38.21% | 35.14% | 31.44% | 32.15% | 29.85% | 32.13% | 24.84% | 33.4% | 34.27% | 34.11% | 31.35% | 29.28% | 29.38% | 27.96% | -20% | 28.79% | 30.31% | 28.59% | 28.8% |
| EBITDA Growth % | 39.28% | 39.17% | 18.28% | 52.54% | 20.18% | -0.42% | 9.42% | -15% | 10.51% | 12.47% | 11.59% | 244.32% | 3.1% | 12.41% | 18.97% | -185.52% | 13.79% | 49.8% | 30.59% | 15.47% |
| D&A (Non-Cash Add-back) | 29.5M | 31.3M | 30.9M | 29.9M | 30.3M | 32.1M | 31.8M | 31.8M | 37.3M | 38M | 38.8M | 39.8M | 41.4M | 44.7M | 41M | 40.2M | 40.9M | 42M | 42.8M | 40.6M |
| EBIT | 528.8M | 465M | 443.4M | 347.5M | 363M | 292.6M | 321.8M | 215.8M | 305.1M | 300.7M | 285.5M | 258.5M | 265.3M | 252.9M | 245.1M | -241.7M | 236.6M | 221.7M | 185.5M | 191.6M |
| Net Interest Income | 4.4M | 2.1M | 1M | -1.6M | -4.4M | -5.7M | -1.4M | -8.2M | -8.9M | -9.5M | -11.9M | -13.9M | -15.1M | -15.7M | -15.3M | -14.6M | -10.8M | -11.1M | -11.7M | -12.3M |
| Interest Income | 17.7M | 15.4M | 14.3M | 11.3M | 8.4M | 7.2M | 11.4M | 4.6M | 4.1M | 3.7M | 3.5M | 2.8M | 2M | 1.4M | 800K | 500K | 900K | 400K | 0 | 100K |
| Interest Expense | 13.3M | 13.3M | 13.3M | 12.9M | 12.8M | 12.9M | 12.8M | 12.8M | 13M | 13.2M | 15.4M | 16.7M | 17.1M | 17.1M | 16.1M | 15.1M | 11.7M | 11.5M | 11.7M | 12.4M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 515.5M | 451.7M | 430.1M | 334.6M | 350.2M | 279.7M | 309M | 203M | 292.1M | 287.5M | 270.1M | 241.8M | 248.2M | 235.8M | 229M | -256.8M | 224.9M | 210.2M | 173.8M | 179.2M |
| Pretax Margin % | 40.5% | 37.52% | 37.67% | 28.51% | 29.31% | 25.25% | 29.27% | 20.84% | 30.52% | 29.68% | 29.72% | 26.64% | 25.12% | 23.47% | 23.05% | -26.05% | 23.08% | 24.26% | 21.28% | 22.38% |
| Income Tax | 129.8M | 138.2M | 129.3M | 99.5M | 99.6M | 83.2M | 90.5M | 62.6M | 82.6M | 75.5M | 61.9M | 74M | 74.8M | 76.1M | 78.8M | -72.3M | 115.3M | 44.3M | 53.4M | 73.7M |
| Effective Tax Rate % | 25.18% | 30.6% | 30.06% | 29.74% | 28.44% | 29.75% | 29.29% | 30.84% | 28.28% | 26.26% | 22.92% | 30.6% | 30.14% | 32.27% | 34.41% | 28.15% | 51.27% | 21.08% | 30.72% | 41.13% |
| Net Income | 385.7M | 313.5M | 300.8M | 235.1M | 250.6M | 196.5M | 218.5M | 140.4M | 209.5M | 212M | 208.2M | 167.8M | 173.4M | 159.7M | 149.6M | -184.5M | 109.2M | 165.3M | 120M | 105.2M |
| Net Margin % | 30.3% | 26.04% | 26.35% | 20.03% | 20.97% | 17.74% | 20.7% | 14.41% | 21.89% | 21.88% | 22.91% | 18.48% | 17.55% | 15.9% | 15.06% | -18.72% | 11.21% | 19.08% | 14.69% | 13.14% |
| Net Income Growth % | 53.91% | 59.54% | 37.67% | 67.45% | 19.62% | -7.31% | 4.95% | -16.33% | 20.82% | 32.75% | 39.17% | 190.95% | 58.79% | -3.39% | 24.67% | -275.38% | -20.18% | 89.78% | 9.49% | -7.15% |
| Net Income (Continuing) | 385.7M | 313.5M | 300.8M | 235.1M | 250.6M | 196.5M | 218.5M | 140.4M | 209.5M | 212M | 208.2M | 167.8M | 173.4M | 159.7M | 150.2M | -184.5M | 109.6M | 165.9M | 120.4M | 105.5M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 3.66 | 2.97 | 2.85 | 2.23 | 2.37 | 1.86 | 2.07 | 1.33 | 1.96 | 1.98 | 1.95 | 1.57 | 1.63 | 1.49 | 1.41 | -1.74 | 1.02 | 1.54 | 1.12 | 0.98 |
| EPS Growth % | 54.43% | 59.68% | 37.68% | 67.67% | 20.92% | -6.06% | 6.15% | -15.29% | 20.25% | 32.89% | 38.3% | 190.23% | 59.8% | -3.25% | 25.89% | -277.55% | -19.68% | 90.12% | 10.89% | -4.85% |
| EPS (Basic) | 3.67 | 2.98 | 2.86 | 2.23 | 2.38 | 1.87 | 2.08 | 1.33 | 1.97 | 1.99 | 1.96 | 1.58 | 1.63 | 1.50 | 1.41 | -1.74 | 1.02 | 1.55 | 1.12 | 0.99 |
| Diluted Shares Outstanding | 105M | 105M | 104.9M | 105M | 105.1M | 105.1M | 105.1M | 105.9M | 105.9M | 105.9M | 105.9M | 105.9M | 106.2M | 106.5M | 106.4M | 106.3M | 106.8M | 107.1M | 107M | 106.9M |
| Basic Shares Outstanding | 104.7M | 104.7M | 104.6M | 104.7M | 104.7M | 104.8M | 104.7M | 105.9M | 105.9M | 105.9M | 105.9M | 105.9M | 105.9M | 106.2M | 106.2M | 106.3M | 106.6M | 106.8M | 106.8M | 106.8M |
| Dividend Payout Ratio | 19.65% | 24.18% | 25.17% | 28.24% | 26.5% | 33.79% | 30.34% | 41.45% | 27.92% | 27.59% | 28.1% | 31.7% | 30.74% | 33.44% | 35.7% | - | 47.07% | 31.16% | 42.92% | 42.78% |