earnings
confidence high
sentiment positive
materiality 0.80
Cboe Q2 record net revenue $587.3M (+14% YoY); raises revenue growth target, lowers expense guidance
Cboe Global Markets, Inc.
2025-Q2 EPS reported
$4.60
revenue$2,368,500,000
- Diluted EPS $2.23 (GAAP, +68% YoY); adjusted diluted EPS $2.46 (+14% YoY).
- Options net revenue record $364.8M (+19%); Global FX record $23.6M (+19%).
- Raises 2025 organic total net revenue growth target to high single digits from mid-to-high single digits.
- Lowers 2025 adjusted operating expense guidance to $832-847M (from $837-852M).
- Announced wind-down of Japanese equities business, with immaterial 2025 impact; normalized savings $10-12M annually.
item 2.02item 9.01