CBOE · XBRL financial data

Cboe Global Markets financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (CBOE's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cost of revenue	2,173	2,019	2,217	1,856	2,022	2,285
Gross profit	1,254	1,476	1,742	1,918	2,072	2,429
Total operating expenses	592	670	1,252	860	974	962
Operating income (loss)	662	806	490	1,058	1,098	1,467
Interest income	1	1	4	12	27	49
Interest expense	39	48	60	62	52	52
Other income (expense)	36	(2)	(0)	1	(19)	10
Income tax expense (benefit)	192	227	198	286	319	467
Net income (loss)	468	529	—	761	765	1,100
Earnings per share, basic USD per share	4.28	4.93	2.20	7.16	7.24	10.46
Earnings per share, diluted USD per share	4.27	4.92	2.19	7.13	7.21	10.42
Weighted average shares, basic millions of shares	109	107	106	106	105	105
Weighted average shares, diluted millions of shares	109	107	107	106	106	105

Fiscal years (CBOE's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	245	342	433	543	920	2,217
Marketable securities	92	37	92	58	110	36
Accounts receivable	337	327	370	337	445	391
Total current assets	1,567	1,531	1,556	1,979	2,479	4,421
Property and equipment, net	83	105	108	109	118	133
Right-of-use asset	111	110	112	137	125	111
Goodwill	2,895	3,025	3,123	3,141	3,124	3,151
Total assets	6,517	6,815	6,999	7,488	7,789	9,305
Accounts payable	29	20	28	25	18	16
Current portion of long-term debt	69	—	305	—	—	0
Total current liabilities	1,313	1,169	1,477	1,383	1,395	2,362
Long-term debt	1,135	1,299	1,437	1,439	1,441	1,443
Lease liability, non-current	132	129	129	151	138	121
Total liabilities	3,168	3,210	3,534	3,503	3,510	4,167
Retained earnings	1,810	2,146	2,171	2,525	2,816	3,544
Total stockholders' equity	3,349	3,605	3,465	3,985	4,280	5,138
Total liabilities and equity	6,517	6,815	6,999	7,488	7,789	9,305
Common shares outstanding (cover page) millions of shares	107	107	106	106	105	105

Fiscal years (CBOE's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	468	529	—	761	765	1,100
Stock-based compensation	22	27	31	41	42	50
Depreciation and amortization	159	167	167	158	133	122
Net cash from operating activities	1,459	597	651	1,076	1,101	1,753
Purchases of property and equipment	47	51	60	45	61	71
Net cash from investing activities	(431)	(353)	(835)	(55)	(142)	450
Share repurchases	349	81	101	84	205	67
Dividends paid	171	193	209	224	249	284
Proceeds from long-term debt	494	110	664	0	0	—
Repayments of long-term debt	155	20	220	305	0	0
Net cash from financing activities	(202)	(200)	82	(656)	(495)	(372)
Net change in cash	828	35	(112)	417	369	2,103

SIC 6200 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6200 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Cboe Global Markets	2,663	1,359	817*	104.3M	Q3 FY26 10-QSep 30, 2026
LPL Financial Holdings	1,059	5,344	297*	77.9M	Q3 FY26 10-QSep 30, 2026
Tradeweb Markets	2,115	585	347*	not reported	Q3 FY26 10-QSep 30, 2026
Nasdaq	365	2,393	521*	555.0M	Q3 FY26 10-QSep 30, 2026
Cme Group	2,199	1,737	1,086*	not reported	Q3 FY26 10-QSep 30, 2026
Intercontinental Exchange	936	3,630	1,162*	558.9M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.