Recent Updates — CBOE
Cboe Global Markets reported second quarter 2026 financial results on July 31, 2026. The company achieved record net revenue of $731.6 million, a 25 percent increase year-over-year, driven by strong performance across all business segments including derivatives and equities. Diluted earnings per share rose 50 percent to $3.35, while adjusted diluted EPS increased 45 percent to $3.56. Management raised its 2026 organic total net revenue growth target to the mid-to-high teens from low double-digit to mid teens, and increased the Data Vantage growth target to the low teens. Adjusted operating expenses guidance for 2026 was reaffirmed at $838 million to $853 million. Cboe Global Markets operates global derivatives, equities, and foreign exchange markets.
Cboe Global Markets, Inc. entered into a Third Amended and Restated Credit Agreement on July 24, 2026, establishing a $400 million senior unsecured five-year revolving credit facility with a $25 million swing line sub-facility. The agreement allows for an increase in commitments by up to $200 million, potentially reaching $600 million. Interest rates are based on Term SOFR, SONIA, or EURIBOR plus a margin of 0.75% to 1.25%, or a prime rate-based option plus 0% to 0.25%. The facility requires a minimum consolidated interest coverage ratio of 4.00 to 1.00 and a maximum leverage ratio of 3.50 to 1.00, with step-up provisions available. The agreement terminates on July 24, 2031. Cboe Global Markets operates in the financial markets industry, providing exchange and clearing services for equities, options, and futures.
Cboe Global Markets, Inc. entered into an Amendment and Restatement Agreement with Cboe Clear Europe N.V. to amend and restate the Cboe Clear Europe credit facility, effective June 26, 2026. The agreement extends the term of the Facility Agreement until June 25, 2027, and maintains the aggregate commitment under the Facility Agreement at Euro 1.2 billion, with an accordion increase capacity to a total of up to Euro 1.7 billion. Cboe Global Markets, Inc. operates in the financial services industry and provides exchange and clearinghouse services.
Cboe Global Markets, Inc. announced the results of its 2026 Annual Meeting, where shareholders approved the election of the Board of Directors, executive compensation, and the appointment of KPMG LLP as independent auditor. A stockholder proposal regarding the right to act by written consent was rejected, receiving 48,652,350 votes against and 36,330,673 votes in favor.
Cboe Global Markets announced a strategic realignment that is expected to reduce its workforce by approximately 20% and result in pre-tax restructuring charges of $36 million to $46 million. The company anticipates these actions will generate annualized pre-tax cost savings of $40 million to $50 million, with $20 million to $25 million of those savings realized in 2026.
Cboe Global Markets, Inc. reported its financial results for the quarter ended December 31, 2025, on February 6, 2026. The filing serves as the formal announcement of the company's quarterly earnings release.