earnings
confidence high
sentiment positive
materiality 0.85
Cboe Q1 record EPS $3.66 (+54%); raises revenue guidance, announces restructuring with 20% workforce cut
Cboe Global Markets, Inc.
2026-Q1 EPS reported
$3.66
revenue$1,272,800,000
- Net revenue $728.9M (+29% YoY); diluted EPS $3.66 (+54%); adjusted diluted EPS $3.70 (+48%).
- Options net revenue record $467.6M (+33%) on 10% ADV growth; index options ADV up 29%.
- Raised 2026 organic net revenue growth guidance to 'low double-digit to mid-teens' from 'mid single-digit'.
- Restructuring charges $36M-$46M for severance; annual pre-tax savings $40M-$50M; workforce reduction ~20%.
- Lowered 2026 adj. operating expense guidance to $838-$853M; Data Vantage growth guidance raised to 'low double-digit'.
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