---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-008193"
form_type: "8-K"
ticker: "CBOE"
cik: "0001374310"
company_name: "Cboe Global Markets, Inc."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T16:14:00.561708+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cboe reports record Q1 2023 net revenue $471.4M (+13% YoY); adj. EPS $1.90 (+10%)

## Summary
- Diluted EPS $1.63 (+60% YoY); adjusted diluted EPS $1.90 (+10% YoY).
- Net revenue $471.4M (record, +13% YoY); Options segment revenue $280.7M (+28%).
- Index options ADV up 49% YoY; total options RPC up 27% on mix shift to higher-priced SPX.
- Reaffirmed 2023 organic total net revenue growth 7-9% and adj. OPEX guidance $769-779M.
- Global FX net revenue $18.5M (+8%); Cboe FX market share record 19.0%.

## SEC filing metadata
- accession: 0001558370-23-008193
- form_type: 8-K
- ticker: CBOE
- cik: 0001374310
- company_name: Cboe Global Markets, Inc.
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1374310/000155837023008193/0001558370-23-008193-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1374310/000155837023008193/cboe-20230505x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-008193
- JSON: https://secwatch.observer/filing/0001558370-23-008193.json
- Plain text: https://secwatch.observer/filing/0001558370-23-008193.txt

## Key facts
- Earnings Releases
  Cboe Global Markets, Inc. reported the quarter ended March 31, 2023 results: revenue $471.4 million, net income $172.6, EPS $1.63. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2023
  - Revenue: $471.4 million
  - Net income: $172.6
  - EPS: $1.63
  - Guidance: reaffirmed
  - Result: reported results
  source text: First Quarter Highlights* ● Diluted EPS for the Quarter of $1.63, Up 60 percent ● Record Adjusted Diluted EPS1 for the Quarter of $1.90, Up 10 percent ● Record Net Revenue for the Quarter of $471.4 million, Up 13 percent ● Reaffirmed Organic Total Net Revenue Growth Target 2 for 2023 of 7 to 9 percent and Data and Access Solutions Organic Net Revenue Growth Target 2 of 7 to 10 percent ● Reaffirmed 2023 Adjusted Operating Expense Guidance 2 of $769 to $779 million, Reflecting Continued Investment to Help Drive Long-Term Revenue and Earnings Growth
  evidence_url: https://www.sec.gov/Archives/edgar/data/1374310/000155837023008193/0001558370-23-008193-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.