---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-021670"
form_type: "8-K"
ticker: "CBOE"
cik: "0001374310"
company_name: "Cboe Global Markets, Inc."
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T22:25:36.268764+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cboe Q1 2025: record EPS $2.37 (+21%), net revenue $565M (+13%), raises revenue growth target

## Summary
- Record diluted EPS of $2.37, up 21% YoY; adjusted diluted EPS of $2.50, up 16%.
- Record net revenue of $565.2M, up 13% YoY; Options +15%, Europe/APAC +18%, Global FX +16%.
- Raises 2025 organic total net revenue growth target to mid-to-high single digits (from mid).
- Reaffirms adjusted operating expense guidance $837-852M and Data Vantage mid-to-high single-digit growth.
- Paid $0.63/share dividend, repurchased $30M in stock; $649.8M remaining buyback authorization.

## SEC filing metadata
- accession: 0001628280-25-021670
- form_type: 8-K
- ticker: CBOE
- cik: 0001374310
- company_name: Cboe Global Markets, Inc.
- filed_at: 2025-05-02T23:59:59+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/1374310/000162828025021670/0001628280-25-021670-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1374310/000162828025021670/cboe-20250502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-021670
- JSON: https://secwatch.observer/filing/0001628280-25-021670.json
- Plain text: https://secwatch.observer/filing/0001628280-25-021670.txt

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