secwatch.observer — SEC 8-K summary
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Issuer:     Cboe Global Markets, Inc. (CBOE)
CIK:        0001374310
Form:       8-K
Filed at:   2025-08-01T23:59:59+00:00
Accession:  0001628280-25-037143
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cboe Q2 record net revenue $587.3M (+14% YoY); raises revenue growth target, lowers expense guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374310/000162828025037143/0001628280-25-037143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374310/000162828025037143/cboe-20250801.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-037143

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer