secwatch.observer — SEC 8-K summary
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Issuer:     Cboe Global Markets, Inc. (CBOE)
CIK:        0001374310
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0001628280-26-029103
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cboe Q1 record EPS $3.66 (+54%); raises revenue guidance, announces restructuring with 20% workforce cut
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- 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'.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374310/000162828026029103/0001628280-26-029103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374310/000162828026029103/cboe-20260501.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-029103

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