Filing Flows › Cboe Global Markets (CBOE) › Guidance history
Cboe Global Markets (CBOE) guidance history: what it guided and what it reported
Cboe Global Markets gave guidance in 12 earnings releases on file since Feb 2, 2024. Its releases raised guidance 10 times and lowered it 6 times.
Adjusted operating expenses
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $864M–$879M (Feb 6, 2026) → lowered $838M–$853M (May 1, 2026) → reaffirmed $838M–$853M (Jul 31, 2026) → lowered $830M–$845M (Oct 30, 2026) | — | to be reported | — |
| FY2025 | $837M–$852M (Feb 7, 2025) → reaffirmed $837M–$852M (May 2, 2025) → lowered $832M–$847M (Aug 1, 2025) → lowered $827M–$842M (Oct 31, 2025) | — | — | — |
| FY2024 | $798M–$808M (Feb 2, 2024) → lowered $795M–$805M (May 3, 2024) → reaffirmed $795M–$805M (Aug 2, 2024) → raised $798M–$808M (Nov 1, 2024) | — | — | — |
Adjusted tax rate
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 27.5%–29.5% (Feb 6, 2026) → reaffirmed 27.5%–29.5% (May 1, 2026) → reaffirmed 27.5%–29.5% (Jul 31, 2026) → reaffirmed 27.5%–29.5% (Oct 30, 2026) | — | to be reported | — |
| FY2025 | 28.5%–30.5% (Feb 7, 2025) → reaffirmed 28.5%–30.5% (May 2, 2025) → reaffirmed 28.5%–30.5% (Aug 1, 2025) → reaffirmed 28.5%–30.5% (Oct 31, 2025) | — | — | — |
| FY2024 | 28.5%–30.5% (Feb 2, 2024) → reaffirmed 28.5%–30.5% (May 3, 2024) → reaffirmed 28.5%–30.5% (Aug 2, 2024) → reaffirmed 28.5%–30.5% (Nov 1, 2024) | — | — | — |
Depreciation & amortization
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $56.0M–$60.0M (Feb 6, 2026) → reaffirmed $56.0M–$60.0M (May 1, 2026) → lowered $54.0M–$58.0M (Jul 31, 2026) → reaffirmed $54.0M–$58.0M (Oct 30, 2026) | — | to be reported | — |
| FY2025 | $55.0M–$59.0M (Feb 7, 2025) → reaffirmed $55.0M–$59.0M (May 2, 2025) → lowered $53.0M–$57.0M (Aug 1, 2025) → lowered $50.0M–$54.0M (Oct 31, 2025) | — | — | — |
| FY2024 | $43.0M–$47.0M (Feb 2, 2024) → reaffirmed $43.0M–$47.0M (May 3, 2024) → reaffirmed $43.0M–$47.0M (Aug 2, 2024) → reaffirmed $43.0M–$47.0M (Nov 1, 2024) | — | — | — |
Other income
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $37.0M–$43.0M (Feb 2, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $73.0M–$83.0M (Feb 6, 2026) → reaffirmed $73.0M–$83.0M (May 1, 2026) → raised $98.0M–$108M (Jul 31, 2026) → reaffirmed $98.0M–$108M (Oct 30, 2026) | — | to be reported | — |
| FY2025 | $75.0M–$85.0M (Feb 7, 2025) → reaffirmed $75.0M–$85.0M (May 2, 2025) → reaffirmed $75.0M–$85.0M (Aug 1, 2025) → lowered $73.0M–$83.0M (Oct 31, 2025) | $71.0M (GAAP) | not judged | — |
| FY2024 | $51.0M–$57.0M (Feb 2, 2024) → reaffirmed $51.0M–$57.0M (May 3, 2024) → reaffirmed $51.0M–$57.0M (Aug 2, 2024) → raised $57.0M–$63.0M (Nov 1, 2024) | $60.9M (GAAP) | not judged | — |
Adjusted EPS
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $10.67 (Feb 6, 2026) | — | to be reported | — |
The latest quarter
Cboe Global Markets, Q3 2026: revenue $1.4B (+19% year over year), operating margin 39.3%, net earnings $428M, operating cash flow $817M. The chart follows the revenue to costs, profit and cash.
Questions
Does Cboe Global Markets beat its guidance?
Cboe Global Markets gave guidance in 12 earnings releases on file since Feb 2, 2024. Its releases raised guidance 10 times and lowered it 6 times.
How often does Cboe Global Markets raise guidance?
Its earnings releases raised guidance 10 times and lowered it 6 times since Feb 2, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.